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Reuters: Malaysia Probing Aker Solutions over Petronas Dealings

Dec 02, 2020

Malaysia’s anti-graft agency is investigating Norway’s largest oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned energy firm Petronas, three sources familiar with the probe said.The Malaysian Anti-Corruption Commission (MACC) is looking into allegations that Aker Solutions made false representations regarding the ownership of one of its Malaysian units in order to win licenses from Petronas…

Vietnam: FSO Golden Star Receives First Condensate

Dec 04, 2020

Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…

MHI Vestas, CIP Lease 5000 sqm Site in Taiwan for Offshore Wind Turbine Works

Dec 02, 2020

Offshore wind turbine maker MHI Vestas Offshore Wind and developer Copenhagen Infrastructure Partners (CIP) have secured a 5000 square meter site in Taiwan, to support the construction of CIP’s Changfang & Xidao Offshore Wind Project.The site…

Australia: ExxonMobil Calls Off Sale of Gippsland Basin Fields

Nov 30, 2020

ExxonMobil has called off the potential multibillion-dollar sale of its oil and gas assets in Australia’s Bass Strait, according to the Australian Financial Review.The decision by the U.S. oil major comes just six weeks after the deadline for…

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

Nov 27, 2020

The European Commission has granted its approval for wind turbine maker Vestas to acquire Mitsubishi Heavy Industries' shares in their offshore wind joint venture MHI Vestas Offshore Wind.The agreement, which will also see MHI acquire 2.5 percent…

Tokyo Gas Joins Chiba Offshore Wind Partnership

Nov 25, 2020

Japan's largest provider of city gas Tokyo Gas Co., Ltd. has joined the joint venture established by Shizen Energy Inc. and Northland Power Inc. in 2019 for the development of offshore wind projects in Chiba Prefecture, Japan, the partners announced Wednesday…

EnQuest Cuts Output Guidance Due to Incident Off Malaysia and N. Sea Maintenance Works

Nov 24, 2020

London-listed oil company EnQuest has lowered its full-year production guidance, citing scheduled maintenance and an incident on an offshore platform in Malaysia as the reasons.Group production averaged 60,777 Boepd in the ten months to end October 2020…

Samsung Heavy Nets Its 'Largest Ever Single Order'

Nov 23, 2020

South Korean shipbuilder Samsung Heavy Industries has won what has been described as the company's largest-ever single order.The shipbuilder said Monday it had secured an order worth around KRW 2,8 trillion, which is approximately $USD 2,5 billion…

BW Offshore, New Zealand Gov't Reach Umuroa FPSO Settlement

Nov 20, 2020

FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…

Woodmac: Quiet Year for Upstream M&A in Asia Pacific. Improvement Seen in 2021

Nov 20, 2020

The year 2020 is on course to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century, energy intelligence firm Wood Mackenzie said in a report this week, adding that the activity is expected to bounce back in 2021…

MacGregor Delivers Goods for Chinese Floater

Nov 20, 2020

Cargotec's MacGregor has delivered a riser pull-in system for China-based oil firm CNOOC's Lingshui 17-2 semi-submersible production platform.The deepwater semi-submersible production unit is intended for operation in a deepwater natural gas field in the Qiongdongnan Basin…

South Korea: Doosan Heavy, SK E&C in Floating Wind Farm Tie-up

Nov 19, 2020

South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…

OTC 2021 Postponed

Nov 16, 2020

One of the world's largest conferences and exhibitions dedicated to the offshore energy industry will be postponed next year due to the ongoing COVID-19 pandemic.The Offshore Technology Conference, which attracts tens of thousands of visitors to Houston annually…

Sapura Energy Wins E&C and Drilling Deals Worth $148,4M

Nov 16, 2020

Malaysia's Sapura Energy has, via its engineering & construction and drilling subsidiaries, recently won contracts worth RM611 million (around 148,4 million).Sapura Energy Berhad (“Sapura Energy' or the “Company”) is pleased to announce that…

Fugro, NYK to Provide Geotechnical Services for Offshore Wind Sector in Japan

Nov 16, 2020

Dutch-based Fugro and Japan's NYK Group have signed a memorandum of understanding to provide offshore geotechnical services in Japan.The two companies will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables projects…

Current News

Boskalis Charters Offshore Construction Vessel for Offshore Wind Work in Taiwan

Boskalis Charters Offshore Construction Vessel for Offshore Wind Work in Taiwan

Vietnam: FSO Golden Star Receives First Condensate

Vietnam: FSO Golden Star Receives First Condensate

U.S. Adds China's CNOOC to Defense Blacklist

U.S. Adds China's CNOOC to Defense Blacklist

OPEC+ Agrees to Slightly Ease Oil Output Cuts from January

OPEC+ Agrees to Slightly Ease Oil Output Cuts from January

Uzma's SVP Nets Well Services Deal with SEA Hibiscus

Uzma's SVP Nets Well Services Deal with SEA Hibiscus

OPEC+ Moves Closer to Compromise on 2021 Oil Policy

OPEC+ Moves Closer to Compromise on 2021 Oil Policy

Centus Marine Orders Fast Crew Boat from Strategic Marine

Centus Marine Orders Fast Crew Boat from Strategic Marine

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