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Singapore's First Ammonia Ship-to-ship Transfer Targeted By 2023-end

Apr 27, 2023

Singapore's first ship-to-ship transfer for ammonia could take place by end-2023, the Global Centre for Maritime Decarbonisation (GCMD) said on Thursday, as the city-state prepared to introduce new fuels for ships.Ammonia is one of several fuels…

CIMC Delivers Jack-up Rig to COSL

Apr 27, 2023

Chinese drilling rig builder CIMC Raffles has delivered the Wan Zuan 3 jack-up rig for operation by COSL in China.The Wan Zuan 3 jack-up drilling rig of F&G SUPER M2 design can operate in a water depth of 300 ft and drill to a depth of 30,000 ft…

Ranhill Worley Scores $50M Engineering Design Contract with Saipem

Apr 26, 2023

Ranhill Worley has secured a $50 million contract with Saipem's subsidiary Servizi Energia Italia to perform detailed engineering design for two compression complexes associated with the North Field Production Sustainability (“NFPS”) Offshore Compression Complexes Project in Qatar…

Bumi Armada Sells Armada Claire FPSO

Apr 26, 2023

Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…

LR Grants AIP for Ammonia FSRU

Apr 25, 2023

A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…

Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Tankers Face Delays at China's Shandong as Customs Hold Up Mislabelled Cargoes

Apr 21, 2023

Tankers delivering to ports in China's Shandong province are facing delays discharging their oil due to orders for tighter customs inspection checks after several Iranian cargoes were declared as diluted bitumen, traders said.Crude oil, unlike bitumen…

Japan Receives First Low-carbon Ammonia Shipment from Saudi Arabia

Apr 21, 2023

Japan received its first low-carbon ammonia cargo from Saudi Arabia on Friday, which it plans to use for co-firing with fossil fuels to reduce carbon emissions, a joint statement from the four companies involved in the deal said. Energy-poor Japan wants to add hydrogen and ammonia to its energy mix…

Woodside's Stalled Browse LNG Project Still 'Very attractive' - CEO

Apr 21, 2023

Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse liquefied natural gas (LNG) project on Friday after the company reported a decline in first-quarter sales revenue relative to the December quarter…

Baker Hughes to Deliver Compressor Trains for Petronas FLNG Facility

Apr 20, 2023

Oilfield services and technology firm Baker Hughes has won an order by Black & Veatch, a subcontractor to the JGC and Samsung Heavy Industries consortium, to deliver two LM9000-driven compressor trains for the Petronas nearshore liquefied natural gas facility in Sabah…

China's CRCC-HCEB Orders Offshore Wind Turbine Installation Vessel

Apr 19, 2023

China's CIMC Raffles has recently secured an order to build a self-propelled offshore wind turbine installation vessel for CRCC Harbour & Channel Engineering Bureau (CRCC-HCEB.)According to CIMC Raffles, the jack-up vessel will be China's most…

India and China Snapping Up Russian Oil Above Price Cap

Apr 18, 2023

India and China have snapped up the vast majority of Russian oil so far in April at prices above the Western price cap of $60 per barrel, according to traders and Reuters calculations.That means the Kremlin is enjoying stronger revenues despite…

Shell Launches Its First Electric Ferry at Singapore Plant

Apr 17, 2023

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut emissions from ships.The move is a step towards meeting the Singapore port authority's…

Britain Wants to Take Part in Japan's Offshore Wind Development

Apr 17, 2023

Britain wants to take part in developing Japan's offshore wind power via options ranging from the participation of its energy companies to providing financing and insurance, Energy Security Secretary Grant Shapps told Reuters. The Group of Seven…

Qatar Energy Lifts June Al-Shaheen Term Price - Traders

Apr 14, 2023

Qatar Energy set the term price for cargoes of al-Shaheen oil loading in June at a higher level than for May, indicating stronger demand for crude for the summer amid tightening supply after producers agreed to cut output. Qatar set the price for June cargoes at a premium of about $2…

Current News

Norwegian Oil Investment Will Peak in '25

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

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