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Asian Energy News - page 77

 

Masirah Oil: Yumna Field Output in March at 12,672 bpd

Apr 20, 2021

Masirah Oil Limited said Tuesday that gross oil production in March 2021 from its Yumna Field in offshore Block 50 Oman, amounted to 12,672 stock tank barrels per day (stb/d).On March 17, 2021, Masirah Oil Limited announced the completion of the upgrade to the Yumna Field process facilities…

Carnarvon Wraps Buffalo Farm-Out. Drilling to Start in Late 2021

Apr 20, 2021

Australian oil and gas companies Carnarvon Petroleum and Advance Energy have completed the Buffalo oil field farm-out agreement as all the necessary conditions have been met.Carnarvon in December 2020 announced that Advance Energy would acquire 50% of the Buffalo project in the Timor Sea…

Cooper Energy Charters Helix's Q7000 Rig for P&A in Australia

Apr 19, 2021

Australian oil and gas company Cooper Energy has hired Helix Energy Solutions' Q7000 light well intervention offshore rig, to support decommissioning work at the company's Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

Japan: Mitsui, Hokutaku Form Offshore Wind Turbine Maintenance JV

Apr 16, 2021

Japanese conglomerate Mitsui and the country's largest wind turbine maintenance company Hokutaku, have this week formed Horizon Ocean Management, Ltd. ('HOM') for the purpose of providing inspection and maintenance services for offshore wind turbines…

Land-starved Singapore Turns to Floating Solar

Apr 16, 2021

BANGKOK (Thomson Reuters Foundation) - Singapore is betting on floating solar farms and vertical panels to increase its clean-energy supplies and cut carbon emissions, a model that could work in other densely populated cities, urban experts said…

Japan to Double Inter-regional Power Grid to Boost Offshore Wind

Apr 16, 2021

Japan aims to double its inter-regional power grid capacity by adding up to 23 gigawatts to help speed expansion of renewable energy such as offshore wind farms, the Nikkei business daily said on its online news site late on Thursday.The move…

MMA Offshore, Worley Team Up to Service Offshore Wind Farms in Taiwan

Apr 15, 2021

Australian offshore vessel operator MMA Offshore and its compatriot Worley, an engineering and construction services company, are teaming up in pursuing opportunities in the offshore wind sector in Taiwan.'The collaboration is an exciting development…

Woodside, Santos Investors Strike Down Activist's Push for Oil and Gas Operations Wind-down

Apr 15, 2021

Investors in Australia's top two independent oil and gas producers on Thursday rejected an activist group's push to get the companies to spell out plans to wind down their operations to help curb global warming.The resolutions were ultimately…

MMHE to Build Offshore Platform, Pipeline for SapuraOMV's Jerun Field

Apr 15, 2021

Malaysia's offshore energy infrastructure construction firm Malaysia Marine and Heavy Engineering (MMHE) has won a contract from SapuraOMV to build and install a platform and pipelines for the oil company's SK408W Jerun Development Project, offshore Sarawak…

Petronas Awards 3-Year Well Intervention Deal to Welltec

Apr 15, 2021

Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…

Remus Horizons Moves to Take Over FAR, Enter Senegal Offshore Block

Apr 14, 2021

Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside…

Aibel: Large Johan Sverdrup P2 Platform Module Leaves Thailand

Apr 13, 2021

Norwegian company Aibel, specializing in the construction of modules for offshore oil and gas platforms, last week saw the giant Main Support Frame (MSF) module for the Johan Sverdrup P2 platform in Norway leave its yard in Thailand, two years after the start of the construction…

Aquaterra Energy Bags its Largest Riser Analysis Contract

Apr 13, 2021

Offshore engineering firm Aquaterra Energy has said it has won its largest riser analysis contract to date, with an unnamed 'major Middle Eastern operator.'Under the five-year agreement, Aquaterra will provide green and brownfield riser analysis…

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