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India's BPCL Signs MoU with Petrobras to Diversify Oil Sourcing

Sep 26, 2022

India's state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil's national oil company Petrobras PETR4.SA to help it diversify its crude oil sourcing.Indian state refiners rarely buy Brazilian oil. The Memorandum…

Hess Starts Gas Production from NMB Phase 3 Project Offshore Malaysia

Sep 26, 2022

U.S. oil firm Hess has started gas production from the North Malay Basin (NMB) Phase 3 project in Block PM302, located 290 kilometres offshore Peninsular Malaysia.Malaysian oil and gas giant Petronas shared the news of production startup on Monday…

Maersk Drilling Secures Work for Maersk Viking Rig in Malaysia

Sep 26, 2022

Maersk Drilling has secured a contract extension with Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) for the Maersk Viking drillship in Malaysia. The drillship will also work for PTTEP.Shell's Malaysian subsidiaries have have…

India's ONGC Says No Clarity on Resumption of Sakhalin-1

Sep 26, 2022

India's Oil and Natural Gas Corp ONGC.NS said on Monday there was no clarity on the resumption of its oil and gas project Sakhalin-1.Production at Sakhalin-1 was 'minimized' shortly after the Ukraine war started and there is no clarity or timeline yet when it could be resumed…

Incoming Shell Boss Aims Fire up Renewables Drive

Sep 22, 2022

Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible 'transformative' clean power acquisition, company and industry sources said.Sawan will from…

Indonesia to Offer More Oil Blocks to Boost Output amid High Energy Prices

Sep 21, 2022

Indonesia will launch a second auction of oil and gas blocks this year as it seeks to cash in on high energy prices and boost output after decades of decline due to a lack of exploration and investment, officials said on Wednesday.Southeast…

Australia Court Scraps Drilling Permit for Santos' $3.6B Barossa Offshore Gas Project

Sep 21, 2022

Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…

Marco Polo Marine to Build, Operate CSOV as Offshore Wind Industry 'Grapples with Shortage'

Sep 20, 2022

Singapore-listed firm Marco Polo Marine said Tuesday it planned to build, own and operate a new Commissioning Service Operation Vessel (CSOV) to meet the rising demand for support vessels required to service the booming offshore wind farm industry in Asia…

TotalEnergies Bunkers CMA CGM Containership with Sustainable Marine Biofuel in Singapore

Sep 20, 2022

TotalEnergies Marine Fuels recently completed the refueling of a CMA CGM containership in Singapore with sustainable marine biofuel. 'This operation marks another milestone in TotalEnergies Marine Fuels’ ambition to become a key biofuel bunker supplier across strategic bunker hubs by 2030…

Mubadala Energy Makes Gas Discovery Offshore Sarawak, Malaysia

Sep 20, 2022

Mubadala Energy on Tuesday confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas…

Will the Future be Walls or Bridges? Equinor Releases "Energy Perpectives 2022"

Sep 19, 2022

Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition.With inflation raging, geopolitical disruption and resultant energy security concerts…

H₂ Hype or Practical Reality?

Sep 19, 2022

In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity…

Ranhill Worley to Deliver FEED Services for PTTEP's Offshore Gas Project in Malaysia

Sep 16, 2022

Bursa Malaysia-listed firm Ranhill Utilities said Wednesday that its affiliate firm Perunding Ranhill Worley had won a contract with the Thai oil firm PTTEP to provide front-end engineering and design (FEED) services for offshore facilities for SK410B Lang Lebah development project…

Jan De Nul's Newbuild Jack-up Voltaire Suffers 'Limited Damage' in China Typhoon

Sep 16, 2022

Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…

Woodside Books Floatel's Accommodation Rig for Pluto Work

Sep 16, 2022

Floatel International, an offshore accommodation services provider, said Friday it had secured a contract with Woodside for the Floatel Triumph semi-submersible accommodation unit.The Floatel Triumph will provide support to Woodside's Pluto project in Western Australia…

Current News

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Yinson Production Nets DNV Approval for New FPSO Hull Design

Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Brownfield Output Decline Accelerates, says IEA

Brownfield Output Decline Accelerates, says IEA

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

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