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Energean Expects First Gas from Karish Offshore Field by Q3

Jan 18, 2022

London-listed oil and gas company Energean said Tuesday its Karish gas field in the Mediterranean Sea, offshore Israel would come on stream by the third quarter of the year, with the Energean Power FPSO expected to sail away from Singapore during this quarter…

Oil Prices Climb to Highest Since 2014

Jan 18, 2022

Benchmark oil prices climbed to their highest since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook.Brent crude futures rose by $0.74, or 0.9%, to $87.22 a barrel at 1446 GMT…

UAE Energy Minister: World Needs to Invest $3 trln-plus in Renewables in 10 years

Jan 18, 2022

The world needs to invest at least $3 trillion in renewable energy in the next 10 years, state news agency WAM quoted United Arab Emirates (UAE) Industry Minister Sultan al-Jaber as saying on Tuesday in Dubai.The minister, who is also the Abu Dhabi National Oil Company (ADNOC) chief executive…

Inpex to Drill for Gas Offshore Japan

Jan 18, 2022

Japan's biggest oil and gas explorer Inpex Corp will conduct exploratory offshore drilling off western Japan from March to July in the hope of finding natural gas, the company and a ministry of industry official said.The project, off the Yamaguchi and Shimane prefectures…

PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers

Jan 17, 2022

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world's biggest ship refueling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday…

Vietnam Firm Launches $220M Offshore Wind Farm

Jan 17, 2022

Vietnam's leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country's drive for clean energy, the company said on Monday.The 5 trillion dong ($220.17 million) farm in the southern province…

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…

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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