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Asian Energy News - page 3

 

Conrad Asia Energy Wins Two Offshore Blocks in Indonesia

Nov 08, 2022

Indonesia awarded two oil and gas exploration blocks located off northern Sumatra, to Conrad Asia Energy on Tuesday, a senior energy ministry official said, the first awarded this year. The two blocks have total estimated resources of 2.2 billion barrels of oil (BBO) and 13…

COP27 - UAE Says Will Keep Pumping Oil as Long as the World Needs It

Nov 07, 2022

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs, its President Sheikh Mohammed bin Zayed al-Nahyan said on Monday at the start of two weeks of climate talks in Egypt.He added the Gulf nation…

Oil Supertanker Grounded in Indonesia Will Take a Month to Free - Navy

Nov 07, 2022

Indonesian authorities said on Monday it could take up to a month to free a crude oil tanker stuck in its waters, while the United States slapped sanctions on the vessel for alleged links to Hezbollah and a branch of Iran's Revolutionary Guards…

Consortium Wants to Build 900MW Offshore Wind Farm in South Taranaki, New Zealand

Nov 04, 2022

A consortium created in 2021 wants to build an offshore wind farm 22 kilometers off the coast of South Taranaki, New Zealand.The consortium, comprising BlueFloat Energy, Energy Estate and Elemental Group, says this is the first of its four offshore…

Japan Consortium to Apply for Stake in New Operator of Russia's Sakhalin-1 Project

Nov 04, 2022

Sakhalin Oil and Gas Development Co (SODECO), a Japanese consortium, has decided to participate in the new Russian operator of the Sakhalin-1 oil and gas project in the Far East, an official at the Japanese industry ministry said. SODECO, which…

Shell to Jointly study East China Carbon Project with Sinopec, Baowu and BASF

Nov 04, 2022

Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage project (CCUS) in East China. Parties intend to conduct…

GMS Wins Contracts for Three Jack-ups at 'Improved' Day Rates

Nov 03, 2022

GMS, a UAE-based owner of self-propelled, self-elevating support vessels serving the offshore oil, gas, and renewables industries, has secured two new contracts and a contract extension. One of the new contracts is for a large-class vessel, while the other is for a small-class vessel…

Japan's TEPCO to Buy Scottish Floating Wind Firm Flotation Energy

Nov 02, 2022

Japan’s electricity utility Tokyo Electric Power Company (TEPCO) is set to acquire the Scottish floating wind specialist Flotation Energy. This is TEPCO's first investment in overseas wind power.Floation Energy founders Allan MacAskill and Lord Nicol Stephen developed Kincardine…

ADIPEC: Fugro, AD Ports Pen Deal for Remote & Autonomous Tech Use in Middle East

Nov 02, 2022

During the ADIPEC exhibition in Abu Dhabi, Dutch firm Fugro and UAE's AD Ports Group signed an agreement that sets out combined goals to utilize remote and autonomous technologies in the region. The agreement was signed by Captain Mohamed Juma Al Shamisi…

Jadestone Buys BP's Stake in Cossack, Wanaea, Lambert, and Hermes Oil Fields Off Australia

Nov 01, 2022

Asia Pacific-focused oil and gas company Jadestone Energy has completed the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development offshore Australia from BP.The fields are part of the North West Shelf Oil Project…

Saudi ACWA Power to Build Two Floating Solar Plants in Indonesia

Nov 01, 2022

Indonesia's state-owned electricity utility PT Perusahaan Listrik Negara (Persero) or PLN, has selected Saudi developer ACWA Power Company to develop two floating solar PV projects.The projects will contribute to Indonesia's goal of achieving its renewable energy target of 23% by 2025…

ADNOC Awards $4B Worth of Integrated Drilling Fluids Services

Nov 01, 2022

Abu Dhabi National Oil Company (ADNOC) on Tuesday announced the award of three framework agreements valued at $4 billion (AED14.68 billion) for integrated drilling fluids services (IDFS) to support the ongoing expansion of its 'lower cost and…

The Philippines: Shell Sells Stake in Malampaya Offshore Field

Nov 01, 2022

Shell has completed the sale of its stake in the Malampaya offshore gas field in the Philippines to Malampaya Energy XP Pte Ltd  (MEXP), a subsidiary of Prime Infrastructure Capital Inc (Prime Infra).  Shell Petroleum signed an agreement to sell interest in Malampaya…

ConocoPhillips Joins QatarEnergy's North Field South Expansion as Final International Partner

Oct 31, 2022

QatarEnergy has selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The project comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA).The…

'Sizable' Contract in Asia Pacific for Subsea 7

Oct 31, 2022

Offshore installation company Subsea 7 said Monday it had won a sizeable contract in Asia Pacific.Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.Engineering work will start immediately, and offshore activity is scheduled for 2024 and 2025…

Current News

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

MMA Offshore Sells Batam Shipyard

MMA Offshore Sells Batam Shipyard

Valeura Energy Books Tanker for Gulf of Thailand Oil Field

Valeura Energy Books Tanker for Gulf of Thailand Oil Field

Australia Court Ruling on Santos Raises Risks for Offshore Gas Projects

Australia Court Ruling on Santos Raises Risks for Offshore Gas Projects

Keel Laying Ceremony Held for Two Shanghai Electric SOVs

Keel Laying Ceremony Held for Two Shanghai Electric SOVs

Malaysia's Petronas Posts Q3 Profit, Warns of Continuing Market Volatility

Malaysia's Petronas Posts Q3 Profit, Warns of Continuing Market Volatility

Inmarsat to Roll Out IoT Solution to More than 60 Zamil Offshore Vessels

Inmarsat to Roll Out IoT Solution to More than 60 Zamil Offshore Vessels
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