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COVID Accelerates Offshore Energy’s Digital Path

Jan 14, 2022

With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center…

Bumi Armada Winds Up Dormant Subsidiaries

Jan 14, 2022

Bumi Armada, a Malaysian offshore service firm and FPSO provider, has decided to wind up its two dormant subsidiaries.The company said that its subsidiaries Offshore Marine Ventures Sdn Bhd and Bumi Armada Ship Management Sdn Bhd, had approved…

Chevron Orders $553M Offshore Facility from DSME for Australian Gas Project

Jan 13, 2022

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has said it has secured an order worth 656.1 billion KRW ($553,4 million) from Chevron to build an offshore facility for the Jansz-Io gas field development offshore Australia…

Malaysia's HGIS Uses Ocean Alpha USV for Shell Pipeline Survey

Jan 13, 2022

Malaysian geo-solutions provider HGIS has used their first uncrewed surface vehicle (USV), the 5.5 m M40P developed by OceanAlpha, to complete an entirely remote nearshore inspection of a subsea pipeline in TALI Field for their project with Brunei Shell Petroleum (BSP)…

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

Jan 13, 2022

Australian offshore support vessel operator MMA Offshore has completed a subsea conversion program on the MMA Crystal vessel to support the Taiwanese offshore wind market.The new additions to the vessel feature subsea equipment including a work-class ROV…

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Jan 13, 2022

Australian oil and gas company Beach Energy has informed that gas production has started from the first two wells of its offshore Otway Basin campaign - Geographe 4 and 5.The wells have been connected to the Otway Gas Plant and are now delivering…

Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines

Jan 12, 2022

Spanish renewable energy industry firm Iberdrola said Wednesday it had signed an agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, and  Stream Invest Holding AG, a Swiss renewable energy group, sealing…

EnerMech Names Ford as APAC Regional Director

Jan 12, 2022

Energy industry services firm EnerMech has appointed Garry Ford as regional director for Asia Pacific.UK-based EnerMech said Ford would drive further business growth across the energy, industrial and infrastructure sectors and strengthen its existing oil and gas operations in the region…

Indonesia Oil and Gas Lifting Falls for 5th Year Amid Failure to Tap New Sources

Jan 12, 2022

Indonesia's oil lifting, or ready-to-sell production, narrowly missed its target and fell for a fifth straight year in 2021, after a failure to tap new sources and as older fields matured, energy minister Arifin Tasrif said on Wednesday.The Southeast Asian country's oil lifting came in at 660…

Masirah Oil: Yumna Offshore Oil Field Produced 8,440 stb/d in December

Jan 11, 2022

Masirah Oil, a 91.81 percent subsidiary of Rex International, said Monday that gross oil output from the Yumna Field in offshore Block 50 Oman,  in December 2021 amounted to 8,440 stock tank barrels per day (stb/d).'Production was choked back…

Offshore Oilfield Cluster Bohai Becomes China's Largest Oil Producer

Jan 11, 2022

China's offshore oilfield cluster Bohai, run by state-run CNOOC Ltd, has become the country's largest crude oil producer with output hitting 30.132 million tonnes (602,640 barrels per day) in 2021, state news agency Xinhua reported.Bohai field…

China's CNOOC Sets 2022 Output Target 10% above 2021 Goal

Jan 11, 2022

China's biggest offshore oil and gas producer, CNOOC Ltd, on Tuesday set its 2022 production target at 600 million-610 million barrels of oil equivalent (boe), 10% above last year's goal.The company targeted output of 545 million-555 million boe in 2021…

Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia

Jan 11, 2022

Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…

Petronas, Shell Exploring Offshore Carbon Capture And Storage in Malaysia

Jan 11, 2022

Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…

Abu Dhabi's Offshore Service Firm ZMI Secures up to $500M Financing Facility

Jan 11, 2022

Abu Dhabi's offshore marine services company ZMI Holdings said on Tuesday it had signed and closed a new senior secured financing facility of up to $500 million.It will help ZMI invest further in its growth markets, and provide committed and…

Current News

COVID Accelerates Offshore Energy’s Digital Path

COVID Accelerates Offshore Energy’s Digital Path

Bumi Armada Winds Up Dormant Subsidiaries

Bumi Armada Winds Up Dormant Subsidiaries

Chevron Orders $553M Offshore Facility from DSME for Australian Gas Project

Chevron Orders $553M Offshore Facility from DSME for Australian Gas Project

Malaysia's HGIS Uses Ocean Alpha USV for Shell Pipeline Survey

Malaysia's HGIS Uses Ocean Alpha USV for Shell Pipeline Survey

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines

Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines
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