China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf.The Weizhou 10-5 South oil and gas field is located in the Beibu Gulf of the South China Sea, with an average water depth of 37 meters…
SED Energy Holdings, through its wholly owned subsidiary Energy Drilling, has signed a five-year contract with PTT Exploration and Production Public Company Limited (PTTEP) for an offshore drilling campaign using its tender-assist drilling rig…
TendrillWood, a joint venture company between Wood Group and Tendrill, has secured a five-year contract with Brunei Shell Petroleum (BSP) for brownfield engineering, procurement, and construction (EPC) services.Under the contract, the TendrillWood JV will deliver integrated…
Fugro has opened a new geotechnical testing laboratory in Jakarta, Indonesia, enhancing its regional capabilities for energy and infrastructure projects.The new facility will increase Fugro’s lab capacity in Asia Pacific by 20% and cut testing turnaround times by 30%…
CDWE, a joint venture between CSBC Corporation and DEME Offshore, has completed the installation of pin piles for the Hai Long offshore wind farm, being built in Taiwan.A total of 219 pin piles have been installed using the Green Jade heavy lift vessel…
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…
A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.The Bintulu facility in Sarawak…
Indonesia has approved a development plan for the first phase of the Geng North gas field operated by Italy's Eni in the Makassar Strait, the upstream oil and gas regulator SKK Migas said in a statement on Friday.The approval also covered the development of the nearby Gehem field…
Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.'Chevron Australia has resumed full LNG production from…
Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…
Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification…
Japanese trading house Mitsui & Co said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million.The project, 330 km (205 miles) off southwest Vietnam…
Major global lenders should refuse to finance a liquefied natural gas (LNG) project in Papua New Guinea to help keep global warming in check, civil society groups said on Wednesday, as some owners tap banks ahead of a final greenlight next year…
OPEC Secretary General Haitham Al Ghais has urged OPEC members to reject proposals for any deal under negotiation at the COP28 climate summit which targeted fossil fuels rather than emissions, a letter dated Dec. 6 and seen by Reuters on Friday showed…
An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, the union said on Tuesday.Earlier this month, the union called off strikes originally planned at the U…
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