Asia Pacific-focused oil and gas company Jadestone said Monday it wouldn't meet its previously planned end-of-month production restart from the Montara field, off western Australia, as bad weather was hampering topside maintenance work on the Montara Venture FPSO…
Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals. ($1 = 1.3484 Singapore dollars) (Reuters - Reporting by Jaskiran Singh in Bengaluru…
Woodside Energy lifted its final dividend on Monday after reporting a more than tripling of profit on a beefed-up oil and gas portfolio following its merger with BHP's petroleum arm and surging oil and gas prices, sending its shares over 2% higher…
The federal government of Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, a region of New South Wales, Australia.The government said that the proposed offshore wind area, which sits alongside the Hunter…
European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants, sources familiar with the situation said, as the country gears up to exploit its large untapped potential in offshore wind…
The Australian offshore oil and gas company Carnarvon Energy said Wednesday that it would sell a 10% interest in each of its Bedout Basin offshore blocks, including in the Dorado offshore oil field, off Western Australia, to a subsidiary of Taiwan’s national oil and gas company…
Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…
Aluminium vessel builder Strategic Marine has signed a memorandum of understanding with Purus Wind’s UK-based crew transfer vessel owner HST Marine, to build three Brevity-class crew transfer vessels. The agreement binds the two parties to negotiations…
Brent oil prices fell on Tuesday as fears that a global economic slowdown would reduce fuel demand prompted investors to take profits on the previous day's gains. Traders are awaiting the minutes of the latest Federal Reserve meeting, due on Wednesday…
Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential…
TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore wind farms in Taiwan. Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project.The announcement…
An Australian court on Tuesday overturned a controversial decision by the previous prime minister to block a gas exploration project off the country's east coast, opening the door for the project to be reconsidered.The Federal Court quashed…
Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters…
Longboat Energy, an oil and gas company so far mostly focused on offshore oil and gas operations offshore Norway, is expanding internationally with the recent award of an offshore exploration block in Malaysia.Longboat said Wednesday it had won a Production Sharing Contract (“PSC”) for Block 2A…
Oil major BP has formed an offshore wind joint venture with Norway's Deep Wind Offshore to develop offshore wind farms in South Korea. As part of the deal agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio…
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