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Subsea Vehicles: To Be (resident), or Not to Be?

Oct 11, 2021

That’s the question? Or, more specifically, are there alternative ways of delivering robotics to where they’re needed without having to have seabed docking stations? Elaine Maslin takes a look.  The idea for some kind of resident subsea vehicle has been around for some time…

Qatar Petroleum Changes Name to Reflect 'Broader Strategy'

Oct 11, 2021

Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have.'We have plenty of cash…

Offshore Wind: Xodus Names Country Manager, Sets Up Shop in Japan

Oct 11, 2021

Xodus, a UK-based energy sector consultancy, has engaged a country manager and opened its first Asian office in Japan, eyeing work in the country's growing offshore wind industry.'Having previously delivered a range of projects in Japan, Xodus…

Bureau Veritas Grants AIP for LNG Bunkering Vessel Concept in Malaysia

Oct 08, 2021

Bureau Veritas (BV) said it has delivered an Approval in Principle (AIP) to LNG MARINE SDN BHD for its first liquefied natural gas (LNG) bunkering vessel concept, which is also the first of its kind ever developed by a Malaysian company.According to BV…

GlobalData: Woodside's Acquisition of BHP's Oil Business 'Complicates' ESG Narrative

Oct 08, 2021

Woodside's recent acquisition of BHP's oil and gas business is making its ESG narrative complicated, energy intelligence firm GlobalData said, as BHP's assets it has acquired will boost Woodside's oil production and ultimately lead to a more carbon-intensive product base over the near term…

Bangladesh Pays Record Prices for Two LNG Shipments

Oct 08, 2021

Bangladesh bought two liquefied natural gas (LNG) cargoes for delivery in October at record prices, two industry sources said on Friday, as low inventory in Europe boosts competition with Asia for supplies ahead of winter.The south Asian nation…

Asia LNG Price Jumps by 40% to Record High

Oct 06, 2021

Asia liquefied natural gas (LNG) spot prices surged by 40% to a record high of over $56 per million British thermal units (mmBtu) on Wednesday, amid a global energy crunch and low gas inventories.Price agency S&P Global Platts' Japan-Korea-Marker (JKM)…

Oil Shoots Past $83 a Barrel, Hitting a Multi-year High

Oct 06, 2021

Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+'s refusal to ramp up production more rapidly against a backdrop of concern about tight energy supply globally.The market later unwound those gains due to an American…

Webinar: Next Generation Offshore Wind Installation Vessels – Opportunities and Challenges

Oct 05, 2021

In case you missed our latest webinar, you can still watch it here!The rapid development of the offshore wind industry is driving the need for next-generation purpose-built construction assets.Offshore wind farm capacity is set to grow from 32GW at the end of 2020 to over 230GW by the end of 2030…

Lebanon Can't Dictate Terms in Sea Border Talks, Israel's Energy Minister Says

Oct 05, 2021

Israel is ready to renew efforts to solve its dispute with Lebanon over the delineation of their territorial waters in the Mediterranean, but it will not accept that Beirut dictates the terms of the negotiation, its energy minister said on Tuesday…

Woodside Extends Worley's Service Agreement for W. Australia Gas Plants

Oct 05, 2021

Australian oil and gas firm Woodside has awarded an extension to a non-binding frame agreement with engineering firm Worley to continue supporting the Karratha Gas Plant and Pluto LNG assets in Western Australia.Pluto LNG processes gas from…

Winson Denies UN Accusation it Supplied Oil to North Korea

Oct 05, 2021

Singapore-based oil trader Winson Group denied on Tuesday a U.N. Security Council report alleging that it supplied fuel to North Korea in breach of international sanctions.'Winson denies, in the strongest possible terms, any and all allegations…

Petrofac Gets $105M Fine for Middle East Bribery. Shares Jump

Oct 05, 2021

British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive received a two-year suspended sentence after both pleaded guilty to bribery in Iraq, Saudi Arabia and the United Arab Emirates…

Petronas' FLNG Satu Delivers 50th LNG Cargo

Oct 05, 2021

Malaysian oil and gas firm Petronas said Tuesday its floating LNG Unit Satu had delivered its 50th LNG cargo.'The milestone cargo was successfully loaded on September 25, 2021, onto the Seri Cemara LNG carrier operated by MISC Berhad for shipment to Taiwan…

North Field Expansion: Qatar Petroleum Orders LNG Carrier Quartet in China

Oct 04, 2021

Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project.'These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program…

Current News

MODEC Forms Dedicated Mooring Solutions Unit

MODEC Forms Dedicated Mooring Solutions Unit

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

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