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Maritime News - page 94

 

Australia's Santos Awards Long-term Charters for Solstad Offshore Vessel Duo

Dec 08, 2021

Norwegian offshore vessel owner Solstad Offshore has secured long-term contracts with Santos for two of its offshore vessels in Australia.The AHTS Far Senator and PSV Far Seeker have been awarded a contract by Santos in support of its drilling activities…

Offshore Wind Could Power Alcoa's Smelter in Australia

Dec 08, 2021

Australia's Alinta Energy said on Tuesday it is considering building a A$4 billion ($2.8 billion) offshore wind farm to supply Alcoa Inc's (AA.N) Portland aluminum smelter and the country's east coast grid.The project is at a very early stage…

Oil CEOs Say Transition from Fossil Fuels to Renewables Could Be 'Messy'

Dec 08, 2021

A coming transition from oil and gas to renewables will be 'messy' for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday.The World Petroleum Congress, a gathering to discuss the future of oil and gas and explore new technologies…

BP's Comms EVP Morrell Joins Disney

Dec 08, 2021

Walt Disney Co on Tuesday named former Pentagon press secretary Geoff Morrell to the newly created position of chief corporate affairs officer, overseeing corporate communications, government relations, and global public policy.Morrell is currently…

Woodside to invest $5B in New Energy by 2030

Dec 08, 2021

Australia's Woodside Petroleum Ltd plans to invest $5 billion by 2030 mainly in hydrogen, in line with a global push for cleaner energy, armed with cash flow from its planned merger with BHP Group's petroleum arm.Woodside Chief Executive Meg O'Neill outlined her energy transition plan on Wednesday…

Saudi Aramco Awards Three Offshore EPCI Contracts to McDermott

Dec 07, 2021

Offshore construction and installation company McDermott has secured three new deals with Saudi oil giant Saudi Aramco.The contracts are for engineering, procurement, construction, and installation (EPCI) projects in Saudi waters.'In total,…

Centus Marine Orders Another Fast Crew Boat from Strategic Marine

Dec 07, 2021

Singapore-based shipbuilder Strategic Marine has won a new contract from Centus Marine for a 42m Fast Crew Boat (FCB).'The vessel will be the latest bespoke design FCB Strategic Marine delivers for Centus Marine, with two vessels successfully…

Wood Bags Engineering Services Work on Aramco's Giant Offshore Oil Fields

Dec 07, 2021

Energy industry engineering services firm Wood said Tuesday it had secured a multi-million dollar contract with Saudi Aramco.The contract, of unspecified value, is for the delivery of engineering and project management services for the Safaniyah and Manifa oil fields in the Kingdom of Saudi Arabia…

Oil Search Gets Shareholder Approval for $6.2B Buyout by Santos

Dec 07, 2021

Papua New Guinea-focussed Oil Search Ltd said on Tuesday its A$8.8 billion ($6.21 billion) buyout by Santos Ltd received overwhelming support from its shareholders, getting over 95% votes in favor of the deal.Shares of Oil Search rose as much as 3…

BP: Brent Benchmark Reform Should Include U.S. Oil, Dump Brent

Dec 07, 2021

BP supports the addition of U.S. oil crude grade WTI Midland to global dated Brent, suggesting the removal in the medium-term of Brent and Forties grades from the benchmark as flows have evaporated, according to a document seen by Reuters.Dated Brent…

World is Entering a Period of Oil Scarcity, Halliburton Says

Dec 07, 2021

Oilfield services firm Halliburton on Monday warned the world is headed for a period of energy scarcity following years of underinvestment in bringing more fossil fuels to market.'For the first time in a long time, we will see a buyer looking for a barrel of oil…

Worley Nets 3-year Offshore Support Deal with Saudi Aramco

Dec 06, 2021

Saudi Arabian national oil company Saudi Aramco has awarded a contract extension to Australian engineering firm Worley’s services for support on Saudi Aramco’s offshore facilitiesUnder the contracts, Worley will continue to provide project management…

Malaysia: T7 Wins $71M Worth of Contracts with Petronas, Hess, and Repsol

Dec 06, 2021

Malaysia-based energy industry services firm T7 Global has secured three letters of appointment and award worth a combined value of approximately RM300 million (~$70,9 million) under its energy division for operations and maintenance (“O&M”) segment and specialist products segment…

Udenna: Philippines' Malampaya Gas Project can be Extended for Several Years

Dec 06, 2021

The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp, which now controls the project, said on Monday.'We…

Shipping Firm MOL Teams Up with Flotation Energy to Build Floating Wind Farms in Japan

Dec 03, 2021

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio…

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