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Maritime News - page 96

 

Big Oil Keeps Brakes on Spending, Despite Crude Rally Windfall

Jul 12, 2021

Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.Benchmark…

Woodside Fixing Corrosion Issue at Plant that Processes Gas from Offshore Fields

Jul 09, 2021

Woodside Petroleum is rectifying a corrosion issue identified during planned maintenance at the Karratha gas plant in Western Australia, a company spokesperson said on Friday.'We have discussed with the regulator and are taking all necessary…

UN Expert Calls for Sanctions on Myanmar's Oil and Gas Sector to Cripple the Junta

Jul 08, 2021

A United Nations human rights investigator called on countries on Wednesday to impose economic sanctions on Myanmar's oil and gas sector to cripple the junta that took power five months ago.Myanmar has been in crisis since the military ousted Aung San Suu Kyi's elected government on Feb…

Valaris Clinches Jack-up Rig Deal in Saudi Arabia

Jul 07, 2021

Offshore drilling firm Valaris has won a contract extension with Aramco in Saudi Arabia for one of its standard-duty modern jackup drilling rigs.The Saudi national oil company has elected to extend the charter of the VALARIS JU-140 jack-up by 183 days…

BW Ideol Enters Floating Wind Partnership with Japanese Refiner Eneos

Jul 07, 2021

Oslo-listed floating wind tech developer BW Ideol has signed a deal with Japan's largest oil refiner Eneos to develop a site-specificcommercial-scale floating offshore wind farm off Japan.The floating wind farm would be based on BW Ideol's patented Damping Pool technology…

Strategic Marine Delivers Centus Nine Fast Crew Boat to Centus Marine

Jul 06, 2021

Singapore's Strategic Marine has delivered a 42-meter Fast Crew Boat (FCB) for Centus Marine Sdn Bhd.   The handover ceremony for the first of a pair of FCB's took place on June 24, 2021 at Strategic Marine’s Singapore shipyard.The vessel, named Centus Nine…

Aker Solutions Confirms Major Subsea Compression Contract with Chevron

Jul 06, 2021

Norway's Aker Solutions confirmed Tuesday it had secured a 'major contract' from Chevron to provide a subsea gas compression system for the Jansz-Io field, offshore Western Australia. The contract follows Chevron's sanction of the $4 billion project last week…

Australian Gov't Invites Expressions of Interest for Timor Sea FPSO Decommissioning

Jul 05, 2021

The Australian government on July 1 released a Request for Expressions of Interest (REOI) for Phase 1 works related to decommissioning of the Northern Endeavour FPSO currently at Laminaria-Corallina oil fields in the Timor Sea.After the offshore fields' owner…

Qatar Petroleum to Acquire Shares in Three Blocks Offshore South Africa

Jul 05, 2021

Qatar Petroleum has signed agreements with France's TotalEnergies to acquire interests in three offshore exploration blocks in South Africa.Subject to regulatory approvals, Qatar Petroleum will hold a 25% stake in the South Outeniqua block, a 30% interest in the DWOB block…

Carnarvon Picks Jack-up Rig for Buffalo Well in Timor Sea

Jun 30, 2021

Australian oil company Carnarvon Petroleum has selected a jack-up drilling rig for the Buffalo-10 well offshore Timor-Leste, planned to be drilled in October of this year.The company has signed a letter of intent with an undisclosed offshore drilling contractor…

GMS Nets Deals for Jack-up Trio. CEO Says Market Improving, as Whole Fleet Now Booked

Jun 30, 2021

Gulf Marine Services, a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, said Wednesday it had secured three new contracts for its rigs, with a combined duration of 31 months…

Saipem Charters Ultra-deepwater Drillship from Samsung Heavy Industries

Jun 29, 2021

Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian…

Australia: Santos Starts Dorado Offshore Field FEED

Jun 29, 2021

Australian oil and gas company Santos on Tuesday announced the start of Front-End Engineering and Design (FEED) for the Dorado field development in the Bedout Sub-basin, offshore Western Australia. Contracts are expected to be awarded in the next few months…

Chevron: No Plans to Shrink Oil & Gas Business

Jun 25, 2021

U.S. oil major Chevron Corp has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals, Chief Financial Officer Pierre Breber said on Thursday, amid pressure from shareholders to lower carbon emissions.Major…

Malaysia: Handal Wins 5-year Crane Contract with ExxonMobil

Jun 25, 2021

Malaysian offshore services provider Handal Energy has been awarded a crane services contract with ExxonMobil in Malaysia.Under the contract,  Handal Energy's subsidiary Handal Cranes will provide crane operation and maintenance services.The contract is for five years…

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Gold reaches a two-week high as weak economic data confirms bets on rate cuts
Ather Energy, an Indian e-scooter manufacturer, posts a narrower quarter loss
Gold reaches a two-week high as weak economic data reinforces rate cuts
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