LogIn LogOut

Maritime News

 

Qatar Petroleum Changes Name to Reflect 'Broader Strategy'

Oct 11, 2021

Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have.'We have plenty of cash,' Chief Executive Saad al-Kaabi said on Monday, indicating the Qatari firm would not follow in the footsteps of Gulf rivals that have sold assets…

Aquadrill Nets Two-well Offshore Drilling Deal in Indonesia

Oct 13, 2021

Offshore drilling firm Aquadrill - ex-Seadrill Partners - has secured a contract for its Capella drillship in Indonesia.The MPD outfitted 6th generation drillship, managed by Vantage Holdings International, will drill two wells, with an option for two more…

Offshore Wind: Xodus Names Country Manager, Sets Up Shop in Japan

Oct 11, 2021

Xodus, a UK-based energy sector consultancy, has engaged a country manager and opened its first Asian office in Japan, eyeing work in the country's growing offshore wind industry.'Having previously delivered a range of projects in Japan, Xodus…

GlobalData: Woodside's Acquisition of BHP's Oil Business 'Complicates' ESG Narrative

Oct 08, 2021

Woodside's recent acquisition of BHP's oil and gas business is making its ESG narrative complicated, energy intelligence firm GlobalData said, as BHP's assets it has acquired will boost Woodside's oil production and ultimately lead to a more carbon-intensive product base over the near term…

Lebanon Can't Dictate Terms in Sea Border Talks, Israel's Energy Minister Says

Oct 05, 2021

Israel is ready to renew efforts to solve its dispute with Lebanon over the delineation of their territorial waters in the Mediterranean, but it will not accept that Beirut dictates the terms of the negotiation, its energy minister said on Tuesday…

Petrofac Gets $105M Fine for Middle East Bribery. Shares Jump

Oct 05, 2021

British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive received a two-year suspended sentence after both pleaded guilty to bribery in Iraq, Saudi Arabia and the United Arab Emirates…

North Field Expansion: Qatar Petroleum Orders LNG Carrier Quartet in China

Oct 04, 2021

Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project.'These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program…

Petrofac Eyes Refinancing as It Faces $240M Bribery Fine

Oct 04, 2021

British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead guilty to seven charges after a four-year Serious…

Petrofac Bribery Case Sentencing Delayed

Oct 01, 2021

The sentencing in a London court of British oil services group Petrofac over charges that it failed to prevent bribery in Iraq, Saudi Arabia, and the UAE has been postponed to Monday, a court spokesperson said in an email.Petrofac had said it…

Offshore Wind: Japanese Firms KCS, MOL In Cable Laying Collab

Oct 01, 2021

Japanese subsea cable laying firm Kokusai Cable Ship (KCS) and the shipping giant Mitsui O.S.K. Lines (MOL) have signed an agreement to collaborate on the operation of cable-laying ships to meet the increasing demand for the installation of power cables…

Australia Sets Aside $180M for Carbon Capture Projects

Sep 30, 2021

The Australian government on Thursday committed to provide A$250 million ($180 million) in grants to support the development of carbon capture, use, and storage (CCUS) projects, part of a broader technology push to help cut carbon emissions…

Qatar Strikes Long-Term LNG Supply Deal with China's CNOOC

Sep 30, 2021

Qatar Petroleum has signed a long-term LNG sales deal with China's CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).QP will supply of 3.5 million tons per annum (MTPA) of LNG to CNOOC over a 15-year period starting January 2022…

CNOOC Makes Large Oil Discovery in China's Bohai Bay

Sep 30, 2021

Chinese oil company CNOOC said Thursday it had made a 'large-sized' discovery at Kenli 10-2 site in Bohai Bay, offshore China.The Kenli 10-2 oilfield is located in Laizhou Bay Sag in Southern Bohai Bay, with an average water depth of about 15…

Keppel Completes Construction of Offshore Wind Substations for Ørsted

Sep 29, 2021

Singapore's Keppel Offshore & Marine has completed the construction of two offshore substations for offshore wind giant Ørsted.The two unmanned 600MW offshore wind farm substations will be deployed in Taiwan’s Greater Changhua 1 & 2a Offshore Wind Farms…

SSE, Pacifico Energy Team Up to Build Offshore Wind Farms in Japan

Sep 29, 2021

UK-based renewables firm SSE Renewables will, together with the Japanese renewable energy developer Pacifico Energy, form a joint venture firm that will explore offshore wind project development in Japan.As part of the agreement, SSE Renewables…

Current News

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Oil Rises on IEA Demand Forecast

Oil Rises on IEA Demand Forecast

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)
photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com