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Asian Oil & Gas Activities - page 128

 

BP Gearing Up to Spud Ironbark-1 Well as Ocean Apex Rig Delivered

Oct 12, 2020

Oil major BP has taken over the Ocean Apex semi-submersible drilling rig in preparation for the spud of the Ironbark-1 well offshore W. Australia. Ironbark is estimated to contain 15tcf of prospective recoverable gas resource.The offshore drilling rig…

Australia: Hibiscus Enters Gippsland Basin Block

Oct 09, 2020

Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…

OPEC Says Oil Demand to Plateau in Late 2030s

Oct 08, 2020

World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits…

Lloyd’s Register to Sell Energy Business

Oct 07, 2020

Maritime classification society and technical services provider Lloyd's Register Group (LR) has agreed to sell its Energy business unit to Inspirit Capital, a London-based investment firm.LR said that the agreement followed a review of LR’s business portfolio and strategic direction…

LQ, Pipe Rack Modules Installed on Energean Power FPSO

Oct 07, 2020

Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard…

Chrysaor, Premier Oil Set to Merge

Oct 06, 2020

Two UK-based offshore oil and gas companies Premier Oil and Chrysaor are set to merge in an all-stock transaction. Premier Oil also said that its proposed acquisition of BP's North Sea assets will not take place.In a joint statement released Tuesday…

OHT Orders Its First Wind Turbine Generator Installation Unit

Oct 05, 2020

Offshore Heavy Transport (OHT) has signed the firm order for the construction of an offshore wind turbine generator installation vessel, which will mark the heavy-lift and transportation company's entry into the offshore wind turbine installation business…

Aker Offshore Wind, Partners Install LiDARs Offshore S. Korea

Oct 05, 2020

Aker Offshore Wind, an offshore wind energy spin-off of Aker Solutions, has installed Light Detection and Ranging buoys (LiDARs) offshore Ulsan, South Korea. The company said the operation was a major milestone for the company’s KFWind consortium…

Icon Offshore Strikes Deal to Buy Perisai Pacific 101 Jack-Up Rig

Oct 02, 2020

Bursa Malaysia-listed offshore vessel provider Icon Offshore has struck a deal to buy the Perisai Pacific 101 jack-up drilling rig.The 2014-built rig, owned by a subsidiary of  Perisai Petroleum Teknologi Bhd (PPTB), is an asset mortgaged to Oversea-Chinese Banking Corporation (OCBC)…

Long-Term Charter in Australia for Solstad's Platform Supplier

Oct 02, 2020

Norwegian offshore vessel operator Solstad Offshore has won a long-term charter in Australia for its Normand Skimmer platform supply vessel.Solstad said Thursday that the contract was for five-years firm, with an unnamed 'major international company…

Hydramec's LARS for Fugro's Uncrewed Surface Vessels

Oct 02, 2020

Offshore surveyor Fugro has ordered a Hydramec launch and recovery system for its new uncrewed surface vessels recently ordered from Sea-Kit.Fugro, based in the Netherlands, in August ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs)…

Protecting the giants of the sea

Oct 02, 2020

Without doubt, offshore steel installations are subjected to some of the harshest and most punishing environments on the planet. The highly saline atmosphere, extremes of temperature and severe mechanical stress create specific challenges for…

Corvus to Supply Batteries for Taiwan-bound Offshore Wind Vessel

Oct 01, 2020

Battery solutions provider Corvus Energy has won a contract with Vard Electro to supply lithium-ion battery-based Energy Storage Systems (ESS) for the new vessel being built at Vard Vung Tau yard in Vietnam for the Greater Changhua wind farms in Taiwan…

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

Sep 30, 2020

Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…

Eni to Take Over Indonesian Deepwater Development?

Sep 30, 2020

Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…

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