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CNOOC Brings Online Another Oil and Gas Project in South China Sea

Sep 04, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 meters.The development of the project mainly leverages the adjacent existing facilities of the Wenchang oil fields…

Floating Offshore Wind Test Center Planned for Japan

Sep 10, 2025

Japan aims to start planning a national floating wind test centre next year, a senior industry official said, vowing to pursue a path of wind power growth despite a recent setback when Mitsubishi quit three projects.Mitsubishi-led consortia 8058…

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Sep 08, 2025

Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Aug 07, 2025

Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Aug 06, 2025

Norway-based Axess Group has secured contracts with Seatrium to deliver Brazilian Regulatory Compliance (BRC) services for six floating production, storage and offloading (FPSO) units set for deployment off Brazil.Axess Group has been tasked to deliver BRC services for P-78…

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Jul 28, 2025

Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

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…

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Jul 15, 2025

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

May 30, 2025

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…

Osbit Delivers Gangway for Japanese Offshore Wind

Aug 03, 2022

U.K.-based offshore engineering and technology company Osbit said it has completed its first project for Shimizu, following the delivery of a bespoke walk to work access system for the company’s new–build offshore jack-up vessel for offshore wind constructions…

Undertun Industri to Provide Gangway for MMA Offshore in Australia

Apr 20, 2021

Norway-based Undertun Industri has signed a contract to provide rental of a 15m Motion Compensating Gangway to the Australian offshore vessel operator MMA Offshore.'The gangway will provide safe and efficient crew transfer from an MMA Offshore…

New Report Examines Offshore Hydrogen Embrittlement Issues

Nov 04, 2020

Offshore lifting hoists and chains solutions provider William Hackett has published an industry report aiming to help minimize the risk of Hydrogen Embrittlement (HE) and Stress Induced Corrosion Cracking (SICC). The report includes guidance on material choices used in topside and subsea lifts…

Singapore: MENCK Assembles Pile Driver for Offshore Wind Projects in Asia

Oct 21, 2020

Germany-based MENCK, an Acteon offshore engineering firm specializing in hydraulic pile-driving services, has delivered a 175-ton ram weight to its Singapore premises.The ram weight is part of an MHU3500S hydraulic hammer to be assembled in…

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)…

Konecranes and Cargotec to Merge

Oct 01, 2020

Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec plan to merge to help speed up innovation and reap savings, they said on Thursday, sending both of their shares sharply higher.The boards of the companies, which…

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