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Siemens Gamesa to Deliver Wind Turbines for Full 1,044 MW Hai Long Offshore Wind Projects

16 hours ago

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.In a statement on Wednesday, Siemens Gamesa said that the collaboration with Taiwan-based customer Hai Long Offshore Wind Project (Hai Long) had been extended to 1…

Siemens Energy Lowers Sales Expectations for 2021

11 hours ago

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…

Total to Proceed with LNG Project in PNG

15 hours ago

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…

Shelf Drilling Nets 3-year Drilling Rig Contract in India

17 hours ago

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…

Saudi Aramco Sees 30% Rise in 1Q Profit

May 04, 2021

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…

Covid-19: Aban Offshore Suspends Jack-Up Rig Operation Again

May 04, 2021

Indian offshore drilling contractor Aban Offshore has suspended operations at one of its jack-up rigs citing Covid-19 outbreak.In a brief announcement on Monday, Aban Offshore said: 'We hereby inform you that one of our rigs 'Aban IV ' has suspended operations owing to outbreak of COVID-19…

Work to Remove Oil from Stricken Tanker off China Almost Complete

May 04, 2021

Efforts to remove the cargo of an oil tanker that leaked oil into the Yellow Sea near China's Qingdao after a collision last week should be completed later on Tuesday, the vessel's manager said.The A Symphony was anchored roughly 40 nautical…

Petronas Carigali Awards Pulai A P&A Contract to T7's Tanjung Offshore

May 04, 2021

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…

Offshore Incident: Velesto's Jack-Up Rig Tilts, Submerges Off Sarawak, Malaysia

May 04, 2021

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 Bags MENA Deal for K-Class Jack-Up

May 04, 2021

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…

Valaris Completes Debt Restructuring. Emerges from Bankruptcy

May 03, 2021

Offshore drilling contractor Valaris, which had filed for bankruptcy in August 2020, said Monday it had on April 30, 2021, successfully completed its financial restructuring and emerged from chapter 11.The Valaris Group's Plan of Reorganization…

OMV Hires Valaris Jack-Up Rig for New Zealand Drilling

May 03, 2021

OMV New Zealand has confirmed for Offshore Engineer that the company has hired Valaris' Gorila VII jack-up rig for work offshore New Zealand.Following a report last Friday by Bassoe Offshore that the two companies had struck an offshore drilling rig deal…

PanGeo Subsea Delivers Sub Bottom Imager for Formosa 2 Depth of Burial Survey

May 03, 2021

Sub-Seabed 3D Acoustic Imaging Technology Enters Taiwan Market to Support Jan De Nul’s Offshore Wind Farm DevelopmentsPanGeo Subsea introduced its patented Sub-Bottom Imager (SBI) to Taiwan to deliver sub-seabed imaging for Jan de Nul, in support of Formosa 2 Offshore Wind Farm Project…

Eni, Santos Eyeing Upstream, CCUS Collab

May 03, 2021

Italian oil company Eni and Australia-based Santos on Monday agreed to jointly seek cooperation opportunities in Australia and East Timor.Under the non-binding memorandum of understanding, the companies will look at potential optimizations, synergies…

LNG Tankers Diverted from India Ports as Surging COVID-19 Cases Hit Demand

May 03, 2021

Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday.Six LNG tankers diverted away from India since April 20…

Current News

Siemens Energy Lowers Sales Expectations for 2021

Siemens Energy Lowers Sales Expectations for 2021

Total to Proceed with LNG Project in PNG

Total to Proceed with LNG Project in PNG

Siemens Gamesa to Deliver Wind Turbines for Full 1,044 MW Hai Long Offshore Wind Projects

Siemens Gamesa to Deliver Wind Turbines for Full 1,044 MW Hai Long Offshore Wind Projects

Shelf Drilling Nets 3-year Drilling Rig Contract in India

Shelf Drilling Nets 3-year Drilling Rig Contract in India

Saudi Aramco Sees 30% Rise in 1Q Profit

Saudi Aramco Sees 30% Rise in 1Q Profit

Covid-19: Aban Offshore Suspends Jack-Up Rig Operation Again

Covid-19: Aban Offshore Suspends Jack-Up Rig Operation Again

Work to Remove Oil from Stricken Tanker off China Almost Complete

Work to Remove Oil from Stricken Tanker off China Almost Complete

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