Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said that three new partners will be entering the North Field South (NFS) project in addition to the partner recently announced, adding that they will be announced in due course…
Singapore-based shipbuilder Strategic Marine has delivered a new 40-meter Fast Crew Boat (FCB) to Malaysia-based Blue Petra.Blue Petra is a subsidiary of Great Ocean, a licensed Petronas contractor and a supplier to the Malaysian oil and gas industry…
OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.OPEC's de-facto leader Saudi…
Lebanon and Israel are closer than ever to signing a deal demarcating their maritime border, opening the door to new oil and gas exploration, after years of U.S.-brokered negotiations.While limited in scope, the agreement is set to ease security and economic concerns in both countries…
Australia's Federal Court will hear an appeal by Santos Ltd on Nov. 15-16 seeking to resume drilling at its $3.6 billion Barossa gas project off northern Australia over the objections of Tiwi Island indigenous land owners. Chief Justice James…
Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…
Japan's Mitsui OSK Lines (MOL) said on Wednesday it had signed a long-term charter contract with the new Russian operator of the Sakhalin-2 liquefied natural gas (LNG) project for LNG carrier Grand Mereya to continue its shipping service.Russian…
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…
Oilfield services firm Petrofac has officially taken over operatorship of the Northern Endeavour FPSO on behalf of the Australian Government, following the decommissioning contract award earlier this year.The Northern Endeavour FPSO is currently moored between the Laminaria and Corallina oil fields…
Offshore energy engineering and construction services firm Lamprell and International Maritime Industries (IMI) on Tuesday announced the completion of the load-out and float-off of the second jackup drilling unit being constructed for IMI.The…
Aberdeen-basead ADC Energy has, through its local partner in Malaysia, Onyx, secured a three-year contract to deliver its rig integrity and inspection services to Petronas Carigali, a subsidiary of Petronas.The scope of work ADC Energy will…
Danish offshore wind developer Ørsted has decided not to submit a bid in the first auction of the Round 3 Zonal Development Phase in Taiwan, citing limitations of regulations, high inflation, and growing interest rates.Per Mejnert Kristensen…
TotalEnergies Marine Fuels has moved closer to starting its LNG bunkering services in Singapore, following a ship naming ceremony of the Brassavola LNG bunker vessel that was held at Sembcorp Marine’s Tuas Boulevard Yard on Tuesday.Measuring 116…
Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…
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