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Regulator Orders Shell to Keep Prelude FLNG Output Shut Until it Can Prove It Is Safe

Dec 24, 2021

Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational…

GAIL Charters NYK's Grace Emilia LNG Carrier

Dec 24, 2021

India's largest natural company GAIL has agreed to take NYK's liquefied natural gas (LNG) carrier Grace Emilia on a multi-year charter.According to NYK, the vessel is equipped with a WinGD-made dual-fuel slow-speed diesel engine (i.e., X-DF…

Jadestone Energy CFO to Resign

Dec 23, 2021

Jadestone Energy, an oil and gas production company focused on the Asia Pacific region said Thursday that its Chief Financial Officer (CFO)   Dan Young, had decided to leave the company.'After more than 20 years overseas, Mr Young intends to repatriate back to Australia for personal family reasons…

Western Gas' Environment Plan for Sasanof-1 Drilling Gets Regulator's Approval

Dec 23, 2021

Australian oil and gas company Western Gas has said that regulator NOPSEMA has accepted its Environment Plan to manage activities for the Sasanof-1 exploration well on the North West Shelf, Australia.Drilling is scheduled to start in March/April 2022 using the Valaris MS-1 semi-submersible rig…

Petronas Awards Six Offshore Blocks in Malaysia Bid Round 2021

Dec 22, 2021

Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…

ADNOC, TAQA Launch $3.6B Project to Decarbonize Offshore Production Ops

Dec 22, 2021

UAE-based oil and gas companies ADNOC and TAQA on Wednesday announced a $3.6 billion strategic project to 'significantly decarbonize' ADNOC’s offshore production operations.The companies said the project would see the development and operation of a first-of-its-kind high-voltage…

Rig on the Move: Carnarvon Energy Set to Spud Buffalo-10 Well in Timor Sea

Dec 22, 2021

After weeks of delays, Australian oil and gas company Carnarvon Energy has informed that the Valaris JU-107 jack-up drilling rig is now being mobilized to the Buffalo-10 location, in the Timor Sea, with the drilling operation expected to start 'within a week…

OE’s 2021 Top of the Festive YouTube Video Pops

Dec 21, 2021

No year is the same without the annual corporate festive YouTube videos. And while the pandemic is yet again trying to do its best to ruin our holidays, offshore companies have still provided us with a crop of Christmas cheer.Oceaneering, again…

ADES to Buy Three Jack-up Rigs from Vantage Drilling for $170M

Dec 21, 2021

Offshore drilling firm Vantage Drilling has agreed to sell its subsidiary Emerald Driller Company (“EDC”) to ADES for $170,000,000 in cash subject to certain adjustments. EDC is the owner of the Emerald Driller jackup rig, which is operating in Qatar…

Rosneft Sets Goal to Achieve Net-zero Emissions by 2050

Dec 21, 2021

Russia's largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net-zero emissions by 2050, earlier than President Vladimir Putin's deadline.Climate scientists have said…

Oil Prices Rise but Omicron Worries Linger

Dec 21, 2021

Oil prices rebounded on Tuesday after a sharp fall in the previous session as investors' appetite for risk improved, although they remained cautious amid the rapid spread of the Omicron coronavirus variant across the globe.Brent crude was up 84 cents…

Siem Offshore PSV Duo Wins Long-term Work in Australia

Dec 21, 2021

Norwegian offshore vessel operator Siem Offshore said Tuesday it had entered into a contract with an undisclosed 'long-term client' in Australia for two platform supply vessels.The contract is for the PSV's “Siem Pilot” and “Siem Thiima”. The…

GMS Bags Two Deals for E-Class Jack-ups

Dec 21, 2021

GMS, a provider of jack-up service vessels for the offshore energy industry, has secured two new contracts for its E Class vessels.One E Class (Large Class) award includes a 6-month contract including options, for an unnamed renewables client in northwest Europe…

Tech File: Hatenboer-Water Develops "Plastic Free @Sea" Concept

Dec 20, 2021

While much of the maritime world's tech chatter focuses on emissions and fuel choice, Dutch water company Hatenboer-Water developed the Plastic Free @Sea concept as a smart solution to reduce plastic waste on board ships at sea.Reducing plastic waste has become key in environmental protection…

GC Rieber Sells Polar Onyx Vessel to Taiwanese Offshore Wind Venture

Dec 20, 2021

Oslo-listed GC Rieber Shipping has agreed to sell its SURF / Construction Vessel Polar Onyx to Taiwan-based offshore wind service conglomerate Dong Fang Offshore and Hung Hua Construction.The delivery of the vessel, built at Ulstein Verft in 2014…

Current News

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

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