LogIn LogOut

Asian Oil & Gas Activities - page 103

 

PTTEP Names New CEO

Aug 23, 2021

Thai oil company PTTEP has appointed its President Montri Rawanchaikul as the new Chief Executive Officer (CEO) and Director.He will replace Phongsthorn Thavisin who will end his roles with PTTEP on September 30, 2021. The appointment of the new CEO and Director will be effective from October 1…

Santos Selects Altera for Dorado FPSO FEED

Aug 23, 2021

Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases…

Woodside Paying New Female CEO 25% Less than Predecessor

Aug 20, 2021

Woodside Petroleum is paying new CEO, Meg O'Neill, around 25% less than her predecessor, even as she embarks on sealing a deal to double the size of the Australian company to turn it into a top 10 independent oil and gas producer.Details of…

CNOOC to Increase Renewables Spend

Aug 19, 2021

China's top offshore oil and gas driller CNOOC Ltd said it would channel up to 10% of annual spending to green energy by 2025, and announced interim net profit more than tripled from last year as oil prices rebounded.That doubles a previous…

CNOOC Sees 1H Profit Soar

Aug 19, 2021

China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by rebounding oil prices and recovering energy demand after the pandemic.CNOOC Ltd, a listed branch of China National Offshore Oil Corp…

ABB to Power Chevron's Jansz-Io Compression (J-IC) Project in Australia

Aug 19, 2021

ABB has secured a contract worth around $120 million to supply the overall Electrical Power System (EPS) for Chevron's multi-billion-dollar Jansz-Io Compression (J-IC) project, offshore W. Australia.The Jansz-Io field is located around 200 kilometers offshore the north-western coast of Australia…

Opinion: BHP's Petroleum Exit Shows Oil and Gas May Follow Coal's Path to Toxic Status

Aug 19, 2021

The market hasn't exactly cheered BHP Group's proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.A point of concern for investors is that BHP may have sold the assets too cheaply…

Cenertech's New FPSO to be Built to ABS Class

Aug 18, 2021

ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services  Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…

BHP Agrees to Sell Oil and Gas Business to Woodside

Aug 17, 2021

BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in Australia and the Americas.BHP's exit from petroleum…

Woodside Names Meg O’Neill CEO

Aug 17, 2021

Australian oil firm Woodside said Tuesday it had named acting CEO Meg O’Neill as the company’s Chief Executive Officer and Managing Director. O’Neill succeeds Peter Coleman who retired from Woodside in June 2021. Woodside Chairman Richard Goyder…

Australia: Santos Says Oil Search Buy Would Help Speed Up Pivot to Clean Fuels

Aug 17, 2021

Santos Ltd expects its planned takeover of Oil Search, creating a A$20 billion ($15 billion) company, will help the combined group weather the energy transition better than if they remained separate.The companies agreed an all-scrip deal earlier…

Floating Wind: TotalEnergies, GIG Get EBL in South Korea

Aug 16, 2021

TotalEnergies nad Macquarie’s Green Investment Group (GIG) and have recently secured an electricity business license (EBL) for their floating offshore wind project located off the coast of Ulsan, South Korea.This is the first floating offshore…

Sembcorp Marine Completes Construction of Offshore Wind Substations for Ørsted

Aug 16, 2021

Singapore's Sembcorp Marine has completed the construction of substations for Ørsted's Hornsea Two offshore wind farm in the UK.The two substations, the Offshore Substation (OSS) and Reactive Compensation Station (RCS), set off on a voyage to…

Woodside Confirms Talks to Buy BHP's Oil and Gas Business

Aug 16, 2021

Australian oil company Woodside confirmed Monday it has been in talks with BHP over the potential acquisition of BHP's oil and gas business.'Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum…

Drumbeat Grows Louder for BHP to Ditch Oil & Gas Business

Aug 13, 2021

Expectations are growing that BHP Group Ltd will deliver a verdict on the future of its petroleum business at its results next week, as it comes under increasing pressure to cut its fossil fuel footprint.The world's biggest miner has been facing…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Petrobras CEO: Weighing options for Polo Bahia offshore fields, including selling, is one of the options being considered by Petrobras.
FT reports that the EU is stockpiling critical minerals in response to geopolitical threats.
Stocks, dollar dip as Trump passes spending bill, trade deal deadline nears
https://accounts.newwavemedia.com