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CNOOC Powers Bohai Bay Oil Fields from Shore

Sep 23, 2021

Chinese offshore oil and gas company CNOOC said Thursday that a project to power Bohai Bay offshore fields from shore has kicked off operation successfully.'This onshore power project is located in the mid-western Bohai Bay,  containing two parts…

China's First Carbon-neutral Oil Cargo Certified

Sep 22, 2021

China's refining giant Sinopec Corp said on Wednesday it has jointly certified the country's first carbon-neutral crude oil cargo with shipping giant Cosco Shipping and China Eastern Airlines.The 30,000-tonne cargo was produced by Sinopec in…

ADNOC Increases Size of Drilling Unit IPO to $1.1B

Sep 22, 2021

State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, the firm said on Wednesday.ADNOC had previously targeted a minimum stake of 7…

Shell Orders Fully Electric Ferries from Penguin in Singapore

Sep 22, 2021

Shell has awarded a contract to a Singapore-based firm Penguin International Limited, to design, build and operate at least three fully electric ferries which, when operational, will be the first fully electric ferry service in Singapore and a first for Shell globally…

Shearwater GeoServices in Bass Strait 3D Seismic Survey

Sep 22, 2021

Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…

Carnarvon to Spud Buffalo-10 Well in Early November

Sep 22, 2021

Australian oil and gas company expects to spud the Buffalo-10 well in the Timor Sea in early November, using the Valaris JU-107 jack-up drilling rig.'The previous field proved the existence of very high deliverability reservoir containing high…

Sapura Energy CFO to Step Down

Sep 21, 2021

Malaysian oil and gas producer and energy services provider Sapura Energy said Tuesday that Reza Abdul Rahim would step down from his position as Chief Financial Officer.He will step down on October 1, 2021, after more than five years in the role…

Saipem, Saudi Aramco Look to Establish EPC Giant in Saudi Arabia

Sep 21, 2021

Italian energy industry engineering and construction firm Saipem has signed a Memorandum of Understanding (MoU) with the Saudi oil giant  Saudi Aramco to explore the possibility of forming a new entity for engineering and construction activities…

Shearwater GeoServices Secures South East Asia Survey Deal

Sep 21, 2021

Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…

Third Tanker Sails from Iran Carrying Fuel for Lebanon

Sep 20, 2021

A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter on Sunday.Lebanese Prime Minister Najib Mikati said on Friday the Iranian fuel shipments, imported by the Hezbollah movement…

BP Gambles Big on Fast Transition from Oil to Renewables

Sep 20, 2021

Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology.The facility earned BP Plc more than $650 million in profits in 2019…

Safety Milestone for Japan Drilling Company's Jack-up Rig

Sep 20, 2021

Offshore drilling firm Japan Drilling Company said last week that its jack-up drilling rig Hakuryu-11 had reached a safety milestone.Namely, the rig has managed to achieve a three-year milestone of No Recordable Incident Record - for the September 14…

Offshore Wind: High Tien Offshore to Acquire Taiwan's First Cable Laying Vessel

Sep 20, 2021

Taiwan-based offshore engineering company High Tien Offshore Engineering has said it will invest into and own the first Taiwanese large Cable Laying Vessel (CLV) to support Taiwan's growing offshore wind ambitions.The company said that the vessel…

Tanjung Offshore Taps Handal for Offshore Crane Services

Sep 20, 2021

Malaysian offshore services firm Handal Energy has recently secured a contract from Tanjung Offshore Services for the provision of portable crane equipment and services package.Handal said Friday that it had reached a contract agreement with TOS April 27…

ONGC Awards 3-year Contract for Shelf Drilling's Jack-up Rig

Sep 20, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a three-year drilling contract with India's ONGC for the Parameswara jack-up rig.The contract is for operation in the Mumbai High area, offshore India's west coast. The planned start-up of operations is Q1 2022…

Current News

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

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