The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum's and Advance Energy's Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021…
Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…
Malaysian oil and gas giant Petronas has dismissed reports of the company's involvement in talks with Hong Kong-based offshore wind company Ocean Wind International Industrial Limited as false.'Petronas refers to news reports that have emerged…
Northern Offshore Services has taken NYK's crew transfer vessel Energizer on a ten-year charter. The vessel will be used to transfer crews to offshore wind farms, mainly in Europe.Japan's NYK, which shared the charter news on Thursday, also…
Renewable energy will account for a far larger share of global supply in 2050 than major oil companies or the International Energy Agency (IEA) expect, Oslo-based consultancy Rystad Energy said on Thursday.Its updated models show renewables meeting 74% of total energy demand by 2050…
Offshore wind installation contractor Fred. Olsen Windcarrier said Thursday it would send another jack-up to the Asia Pacific region to fulfill its contractual obligation in the area, as the wind turbine maker Siemens Gamesa Renewable has extended…
Oslo-listed offshore drilling contractor Shelf Drilling has secured a ten-year contract extension for the High Island IX jack-up rig.The contract for the 1983-built, 2012-upgraded jack-up drilling unit is in direct continuation of its current contract in Saudi Arabia…
Siemens Energy, which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays, and the ongoing coronavirus crisis.Revenues are now expected to grow 3-8% in the year to September…
French energy group Total said it had agreed with the Papua New Guinea government to proceed with a liquefied natural gas (LNG) project in the country, which had been delayed due to the pandemic, with a final investment decision due in 2023…
Offshore wind turbine maker Siemens Gamesa Renewable Energy has secured, subject to final contract awards, more work in Taiwanese offshore wind space.The company was back in November 2019 announced as a preferred supplier of offshore wind turbines for Hai Long 2A (300 MW) project…
Jack-up drilling rig contractor Shelf Drilling has secured a contract in India for its Trident XII jack-up drilling unit. The contract is with the Indian oil company ONGC. Under the three-year contract, the Trident XII drilling rig will be used…
State-run oil producer Saudi Aramco beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.Earnings by global energy companies such as Exxon Mobil have climbed on the back of rising crude prices…
Malaysian oil and gas industry services provider T7 Global has through its subsidiary, Tanjung Offshore received a work order award from Petronas Carigali for the provision of plug and abandonment integrated services for Pulai A field, offshore Malaysia…
A jack-up rig owned by Malaysian drilling contractor Velesto tilted and submerged at a location offshore Sarawak, Malaysia on Tuesday, the rig owner said.'The Board of Directors of Velesto Energy Berhad [...] regrets to inform that an incident involving one of our rigs…
Gulf Marine Services (GMS), a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, has won a 9-month contract for a K-Class jack-up unit in the MENA region.The UAE-based company said…
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