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Maritime News - page 74

 

North Field Expansion: Qatar Selects Exxon, Total, Shell, Conoco for mega-LNG Expansion - Sources

Jun 08, 2022

Qatar has picked ExxonMobil Corp, TotalEnergies, Shell, and ConocoPhillips, as partners in the expansion of the world's largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Tuesday.The North Field expansion will boost Qatar's LNG output by 64% by 2027…

Dayang Bags Offshore Maintenance Work with EnQuest in Malaysia

Jun 08, 2022

Bursa Malaysia-listed Dayang Enterprise has won a contract for the provision of maintenance, construction, and modification services at Enquest's Seligi field, offshore Malaysia.The value of the contract will be determined based on work orders issued by Enquest throughout the contract duration…

Strategic Marine's New Fast Crew Boat Can Carry 80 Passengers

Jun 07, 2022

Singapore's Strategic Marine has announced its latest offshore fast crew boat, a 38-meter extra fast crew transfer catamaran vessel (FCTV).  'The new vessel has been designed in collaboration with One2Three naval architects in Sydney Australia…

Indigenous Australians Seek to Block $3.6 billion Santos Offshore Gas project

Jun 07, 2022

A group of Indigenous Australians has filed a lawsuit seeking to stop Santos Ltd from developing a $3.6 billion gas project off northern Australia, saying they were not consulted about the drilling.Traditional land owners from the Tiwi Islands…

New CEO for Australia's First Offshore Wind Farm Project

Jun 06, 2022

Charles Rattray has been appointed the CEO of Star of the South, Australia’s first planned offshore wind project, and will start his role in August.Rattray was previously the Managing Director of Nexif Energy, where he oversaw energy projects…

No Oil, Gas Found at Closely Watched Exploration Well off W. Australia

Jun 06, 2022

Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.Ahead of drilling, the Sasanof prospect…

Brent Climbs Above $120/bbl after Saudi Arabia Hikes Crude Prices

Jun 06, 2022

Oil futures jumped on Monday, with Brent rising above $120 a barrel after Saudi Arabia hiked prices for its crude sales in July, signaling tight supply even after OPEC+ agreed to accelerate output increases over the next two months.Brent crude was up 91 cents…

SapuraOMV Drills Duster at Kanga Prospect Offshore W. Australia

Jun 03, 2022

Oil and gas company SapuraOMV has recently completed drilling operations at the Kanga-1 well offshore Western Australia without encountering commercial hydrocarbon volumes.SapuraOMV used the Diamond Offshore Ocean Apex semi-submersible drilling rig…

Cbus Buys 10% in Australia's 2.2GW Offshore Wind Farm

Jun 02, 2022

Australia’s building and construction industry super fund Cbus has agreed to acquire a 10% interest in Copenhagen Infrastructure Partners' (CIP) Australian offshore wind project, Star of the South. This follows Cbus’ investment into CIP’s flagship fund…

Korean Shipbuilder Can't Accept New FSRU Orders as Capacity Full

Jun 02, 2022

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…

Ruya Project in Qatar: McDermott Wins One of Its Largest Ever Offshore FEED Deals

Jun 02, 2022

McDermott International has won a Front-End Engineering Design (FEED) contract by the Qatari North Oil Company (NOC) for the Ruya Development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar. 'This award is one the…

Woodside Energy, BHP Petroleum Merger Complete

Jun 01, 2022

Australia-based Woodside Energy's all-stock merger with BHP's oil and gas business was completed Wednesday.Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP…

Malaysia's Petronas Says Q1 Profit Doubles, but Cautious Over Outlook

May 31, 2022

Malaysia's state energy firm Petronas on Tuesday posted higher profit of 23.4 billion ringgit ($5.35 billion) for its first quarter, in tandem with greater revenue following an upward trend in prices.Revenue rose almost 50% to 78.8 billion ringgit in the January-March quarter…

Sapura Energy Sells Pipelayer to UAE-firm for $71.5M

May 31, 2022

Malaysian company Sapura Energy has agreed to sell its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies.'The proposed asset disposal exercise is part of the Group’s reset plan…

Shell Sanctions $2.5B Crux Gas Field Development Offshore Australia

May 30, 2022

Shell said on Monday it had given the go-ahead to develop the Crux gas field offshore Australia, which analysts estimated would cost around $2.5 billion.Construction is expected to start in 2023 with first gas expected in 2027, which will feed the 3…

Current News

Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of Oman’s Offshore Block 18

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

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