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Maritime News - page 118

 

Husky, Cenovus Shareholders Approve $4.78 Billion Merger Deal

Dec 15, 2020

Cenovus Energy Inc's C$6.07 billion ($4.78 billion)deal to buy Husky Energy Inc was approved by the shareholders of the two companies on Tuesday, creating Canada's No. 3 oil and gas producer in a rapidly consolidating industry.Cenovus said 93%…

Modec Nets Sangomar FPSO Operations and Maintenance Deal

Dec 14, 2020

Japanese FPSO contractor Modec has won a contract with Woodside for the operations and maintenance of the Sangomar FPSO in Senegal.The deal follows a contract signed in January for Modec to deliver the FPSO for Sangomar field development  - Senegal's first offshore development…

Offshore Wind: Asia to Catch Up with Europe by 2025

Dec 11, 2020

Led by China, Asia's installed offshore wind capacity is expected to reach 52GW by 2025, and almost catch up with Europe, energy intelligence group Rystad Energy said Friday.'From almost no offshore wind farms in 2015, Asia’s operational capacity has grown to more than 6 gigawatts (GW) today…

China: CNOOC Starts Infill Drilling at Weizhou 6-12

Dec 11, 2020

Chinese oil giant CNOOC has kicked off infill drilling operations at its Weizhou 6-12 Fields of Block 22/12, Beibu Gulf, offshore China.The news was shared Friday by CNOOC's partner Horizon Oil, which said that the two well infill drilling program…

Woodside's CEO Coleman to Retire in 2021

Dec 08, 2020

Woodside Petroleum Ltd said on Tuesday it has started looking for a successor for its long-time chief executive Peter Coleman who plans to retire in the second half of 2021.The change in guard comes at a tricky time for Australia's top independent gas producer…

Indonesia: Inpex Signs MoU for Abadi LNG Sale

Dec 07, 2020

Japanese oil and gas firm Inpex has signed a memorandum of understanding (MOU) for the sale of gas from its Abadi project in Indonesia to the local company with PT Perusahaan Gas Negara Tbk (PGN).Abadi gas field is located in the Masela Block…

Santos in 10-Year Barossa Gas Sales Deal with Mitsubishi

Dec 07, 2020

Australia's no. 2 independent gas producer Santos Ltd said on Monday it signed a 10-year agreement to supply liquefied natural gas (LNG) from its Barossa project to a unit of Japan's Mitsubishi Corp.Santos will supply Diamond Gas International 1…

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…

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…

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…

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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Energy chief Wright told NBC News that US-led oil exports from Venezuela will bring in $5 billion within months.
Asian shares fall from record highs as bonds and tech-jitters rally
Sources say that the supply of crude oil from Saudi Arabia to China in March will reach a multi-year record.
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