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McDermott's Booster Compression Module for Inpex's Ichthys Explorer Platform

Nov 18, 2021

Offshore engineering and construction firm McDermott will deliver a booster compression module for the Inpex-operated Ichthys LNG development, having successfully completed FEED services.Under the contract award, McDermott will build the module…

Swire Projects Charters Six Multipurpose Heavy-lift Vessels

Nov 18, 2021

Swire Projects, a Swire Shipping division formed last year to provide specialist shipping services to the energy, renewable, and infrastructure sectors, has agreed to charter six multipurpose heavy-lift vessels.The company said Thursday it had…

ADNOC Awards $1.46B in EPC Deals for Dalma Offshore Gas Field

Nov 18, 2021

The Abu Dhabi National Oil Company (ADNOC) has awarded two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project offshore Abu Dhabi.The Dalma field is part of…

Tanjung Offshore Secures $35,9M in PTTEP, Petronas Offshore Contracts

Nov 17, 2021

Malaysian offshore services provider Tanjung Offshore, a subsidiary of T7 Group, has secured two contracts worth a combined value of about RM150 million (around $35,9 million), with oil firms Petronas and PTTEP.For Malaysia's Petronas Carigali…

Bahrain's Oil and Gas Authority to Transition to 'Energy Company'

Nov 16, 2021

Bahrain's National Oil and Gas Authority (NOGA) will transition into an energy company that will look at energy resources outside of fossil fuels, an official said on Tuesday.Bahrain's king issued a royal decree in September abolishing the National Oil and Gas Authority (NOGA)…

Bernhard Schulte Enters Saudi Offshore Market Through Rawabi Vallianz JV

Nov 16, 2021

Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the  ADIPEC Exhibition in Abu Dhabi…

Woodside CFO to Step Down in 2022

Nov 16, 2021

Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…

Shell Shake-up Leaves Dutch Royally Hacked Off

Nov 15, 2021

Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…

Shell Ditches the Dutch, Seeks Move to London in Overhaul

Nov 15, 2021

Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…

Woodside Moves Closer to Scarborough Field FID. Strikes Deal to Sell 49% in Pluto LNG Plant

Nov 15, 2021

Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement…

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

ADIPEC: We Cannot Simply Unplug from Oil & Gas, ADNOC CEO Says

Nov 15, 2021

Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday the world could not 'simply unplug' from hydrocarbons and that the oil and gas industry needed to invest over $600 billion a year until 2030 to meet expected demand…

Mainstream Secures Investment Decision for Vietnam Offshore Wind Project

Nov 12, 2021

Mainstream Renewable Power has received a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc Trang in Vietnam for a 200 MW phase of a 1.4 GW offshore wind project.The project is anticipated to reach a financial close in 2022…

Improved Dayrates: GMS Scores Extensions for Two Jack-ups

Nov 12, 2021

GMS, a provider of self‐propelled, self‐elevating support vessels for the offshore energy industry, has won two contract extensions for its jack-ups.GMS said Thursday the contracts were for a K and S Class vessel and on improved dayrates.'The…

MMA Offshore Buys Stake in Taiwanese Survey Firm GAS to Target Offshore Wind Work

Nov 11, 2021

Australian offshore services firm MMA Offshore has acquired 49.9% of the shares in the Taiwanese survey company Global Aqua Survey Ltd to form a new joint venture, the MMA Global Aqua JV, which will target the quickly growing offshore wind sector in Taiwan…

Current News

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

New Worley Chief Financial Officer Set to Assume Role Next Week

New Worley Chief Financial Officer Set to Assume Role Next Week

Australian Parliament Clears Way for Offshore Wind Farms

Australian Parliament Clears Way for Offshore Wind Farms

Brent Drops Under $80 as Investors Wary of New Variant, Q1 Surplus

Brent Drops Under $80 as Investors Wary of New Variant, Q1 Surplus

Keppel Nets $145,8M Orders for FPSO, FSRU Work

Keppel Nets $145,8M Orders for FPSO, FSRU Work

SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process

SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process

DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico

DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico
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