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Ørsted, T&T in Offshore Wind Partnership in Vietnam

Sep 09, 2021

Denmark-based offshore wind giant Ørsted has partnered up with Vietnam's T&T to work on offshore wind projects in Vietnam'The collaboration between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshore wind projects located…

Helmerich & Payne to Invest $100M in ADNOC Drilling IPO

Sep 08, 2021

U.S. contract oil and gas driller Helmerich & Payne (H&P) will invest $100 million in the initial public offering (IPO) of Abu Dhabi National Oil Company's drilling unit, the companies said in a joint statement.The cornerstone investment by…

Energy Transition: Eni, Mubadala in Decarbonization Collaboration

Sep 08, 2021

Italy's Eni has teamed up with Mubadala Petroleum to look at joint investments in the energy transition field as part of plans to cut carbon footprints.In statements on Tuesday, the two groups said they had signed a memorandum of understanding…

Asia Eyes Australia Blueprint as $100B Oil and Gas Decommissioning Bill Looms

Sep 08, 2021

Australia has passed legislation that could set a precedent for who pays to clean up the fossil fuel industry in Asia, making former owners of oil and gas fields responsible for the costs of dismantling facilities if later owners fail.The new…

Penspen Reels In $70M Worth of Middle East and Africa Contracts

Sep 08, 2021

Energy services firm Penspen said Wednesday it had recently secured more than $70 million worth of contracts in Middle East and Africa so far this year.The company’s Project Management Consultancy (PMC) service line has secured more than $50 million from five new…

Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Sep 08, 2021

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam.'Environmental Impact Assessment (EIA) is an extremely important key regulatory…

ADNOC to Sell 7.5% Stake in Drilling Unit's IPO

Sep 07, 2021

ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).This is the second public flotation of a company…

Australia: Western Gas Finds Drilling Partner for Sasanof-1 Offshore Well

Sep 07, 2021

Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P in W. Australia, has found a partner to fund part of the drilling costs for the Sasanof-1 offshore exploration well.The partner is the ASX-listed Global Oil and Gas Limited…

BP Delivers Carbon Offset LNG Cargo to CPC in Taiwan

Sep 06, 2021

Oil major BP said Monday that its BP Singapore branch had delivered its ‎first carbon offset liquefied natural gas (LNG) cargo to CPC Corporation, Taiwan ‎‎(“CPC”), to the Yung An terminal in Taiwan in September 2021. The LNG was sourced ‎from BP’s LNG portfolio…

Malaysia: Handal Secures Crane Maintenance Contract Extension

Sep 06, 2021

Malaysian offshore services firm Handal Energy has secured a one-year contract extension from SEA Hibiscus.The contract extension, secured by Handal Energy's subsidiary Handal Cranes, is for the provision of offshore crane maintenance services for SEA HibiscusThe extension starts on October 31…

CHC Buys Babcock's Offshore Helicopter Business

Sep 03, 2021

Offshore helicopter transportation company CHC has said it has completed the acquisition of Babcock International’s offshore oil and gas aviation business. The acquisition, first announced in March, will increase CHC's offshore crew transportation…

Kumul Petroleum Awarded Pandora License Offshore PNG

Sep 03, 2021

The Government of Papua New Guinea has granted the right s to the Pandora offshore license to Kumul Petroleum, the company's fourth license in the country, with the first three awarded in April.The Minister for Petroleum, Kerenga Kua said the…

McDermott Installs Offshore Platform in Vietnam

Sep 03, 2021

Offshore installation firm McDermott has completed the transportation and installation of a central processing platform jacket, wellhead service deck, and conducted topside floatover as part of an Idemitsu-operated offshore project in Vietnam…

Empyrean to Drill at 'World-class' Jade Prospect Using COSL Rig

Sep 02, 2021

Chinese offshore drilling company COSL is set to sign an integrated drilling contract with Empyrean Energy to drill the Jade exploration well on Block 29/11, offshore China. The drilling is expected to start in December, Empyrean said Thursday…

Borr Drilling Wins Drilling Work in Southeast Asia

Sep 02, 2021

Offshore drilling company Borr Drilling said Thursday it had secured a letter of award for its jack-up drilling rig Mist.The deal is with an unnamed operator in Southeast Asia, and the drilling program is set to begin in November 2021.Subject to final confirmation…

Current News

Drilling Contract Terminated for Sunken Jack-up Rig in Malaysia

Drilling Contract Terminated for Sunken Jack-up Rig in Malaysia

Investors Managing $10 Trillion Set Tough Climate Blueprint for Big Oil

Investors Managing $10 Trillion Set Tough Climate Blueprint for Big Oil

Malaysia's Kimanis Oil Exports Hit by Issue at Shell Offshore Field

Malaysia's Kimanis Oil Exports Hit by Issue at Shell Offshore Field

Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Chevron to Triple Low-carbon Investments

Chevron to Triple Low-carbon Investments

Iranian Tanker Seen in Syria Discharging Gasoil for Lebanon

Iranian Tanker Seen in Syria Discharging Gasoil for Lebanon

Japan to Open Bidding for Akita Area Offshore Wind Farm

Japan to Open Bidding for Akita Area Offshore Wind Farm

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