Maritime Developments (MDL) has secured a subsea installation project in the Asia-Pacific region, covering the lay of two cables and two umbilicals.The work will be done in water depths between 800 and 1,200 meters.For the 60-day campaign, scheduled to mobilize from Singapore in 2026…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…
Yinson Production has received Main Scantling Approval (MSA) from classification society DNV for its Meridian purpose-built floating production, storage and offloading (FPSO) hull design.The newly approved Meridian FPSO hull is designed to perform in challenging offshore environments…
The high-specification ultra-deepwater drillship Tidal Action, owned by Hanwha Ocean, has started its maiden contract with Petrobras at Roncador field, offshore Brazil.The Tidal Action arrived in the Guanabara Bay in Rio de Janeiro on July 7…
Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm, to expand the use of artificial intelligence in oil and gas exploration activities…
The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat…
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…
Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal.ABB ’s integrated electrical…
Aquaterra Energy, a leader in offshore engineering solutions, has secured multiple offshore analysis contracts with INPEX Masela, a subsidiary of INPEX Corporation, to support the upcoming subsea drilling campaigns offshore Indonesia.Under the contract…
Singapore-based marine services provider PACC Offshore Services Holdings (POSH) has been selected by Wison New Energies to tow the Nguya floating liquefied natural gas (FLNG) facility from China to the Republic of Congo.The FLNG unit will be…
China’s Offshore Oil Engineering Company (COOEC) has won two bids from QatarEnergy, worth approximately $4 billion, for work at Bul Hanine offshore oil and gas redevelopment project.Located in the Qatari waters of the Persian Gulf, the project comprises four packages covering new build (greenfield)…
Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
Japan aims to start planning a national floating wind test centre next year, a senior industry official said, vowing to pursue a path of wind power growth despite a recent setback when Mitsubishi quit three projects.Mitsubishi-led consortia 8058…
Synergy Marine Group, in partnership with Karpowership, has completed the conversion of a 125,000 m3 liquefied natural gas (LNG) carrier into a floating storage and regasification unit (FSRU), the Karadeniz LNGT Powership Americas.The vessel was delivered at Seatrium’s Admiralty Yard in Singapore…
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