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Energy Enticer Jack-Up Rig Starts Drilling in Qatar

Oct 15, 2020

Jack-up drilling contractor Northern Offshore has said that its Energy Enticer jack-up rig has started drilling operation with Qatargas in Qatar.The GustoMSC CJ50 design jack-up rig mobilized to Qatar Petroleum's North Field in early September 2020 despite recent global industry challenges…

China's Zhoushan Port Sees Marine Fuel Sales Rise

Oct 14, 2020

Sales of marine fuel from the Chinese port of Zhoushan, the country's top supplier of shipping fuel, in the first nine months of 2020 rose nearly 18% from a year earlier, a local government official said on Wednesday.Zhoushan supplied 3.26 million…

Keppel Delivers Its First LNG Carrier Avenir Advantage

Oct 14, 2020

Keppel Offshore & Marine has delivered its first liquefied natural gas (LNG) carrier, Avenir Advantage, to Avenir LNG. The vessel also functions as an LNG bunkering vessel (LBV), making it the first in South East Asia to do so, Keppel said.Avenir…

'Marine Seismic Survey Disruptor' Gets Industry Funding

Oct 14, 2020

Blue Ocean Seismic Services, a company that describes itself as 'the marine seismic survey disruptor,' has secured a total of £10 million of Series A investment from bp Ventures, Woodside Energy, and Blue Ocean Monitoring.The company will use…

IEA: Pandemic Could Delay Energy Demand Recovery. Upstream Spending to Grow

Oct 13, 2020

A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023…

Malaysia's Handal Nets Offshore Crane Maintenance Work with Carigali Hess

Oct 13, 2020

Malaysian offshore services firm Handal Energy has won a contract with Carigali Hess Operating Company to provide crane maintenance services.Handal said Tuesday that the contract had been awarded to its subsidiary Handal Cranes.Under the contract…

Civmec Bags Long-term Deal with Woodside in Australia

Oct 13, 2020

Australian engineering and construction services firm Civmec has won a contract to support Woodside's onshore and offshore oil and gas facilities in Australia.'The Woodside contract is a term contract for five years, plus two one-year extension…

Golar Unit Names New Boss as Former CEO Steps Down Amid Bribery Probe in Brazil

Oct 12, 2020

Golar LNG said on Monday Hygo Energy Transition Ltd, a joint venture between Golar and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed Paul Hanrahan as chief executive officer after Eduardo Antonello stepped down, following a corruption investigation in Brazil…

BP Gearing Up to Spud Ironbark-1 Well as Ocean Apex Rig Delivered

Oct 12, 2020

Oil major BP has taken over the Ocean Apex semi-submersible drilling rig in preparation for the spud of the Ironbark-1 well offshore W. Australia. Ironbark is estimated to contain 15tcf of prospective recoverable gas resource.The offshore drilling rig…

Petrofac CEO Asfari to Retire

Oct 12, 2020

Energy services giant Petrofac said Monday its CEO Ayman Asfari would retire as Group Chief Executive at the end of the year. Petrofac said Asfari would focus on his family, health, and charitable interests.Sami Iskander, former EVP Upstream Joint Ventures at Shell…

BP Brings Online Ghazeer Gas Field in Oman

Oct 12, 2020

BP has started production from its Block 61 Phase 2 Ghazeer gas field, in Oman, 33 months after the development was approved.Ghazeer was initially expected to come into production in 2021. The first phase of development of Block 61 – Khazzan – was brought online in September 2017…

Australia: Hibiscus Enters Gippsland Basin Block

Oct 09, 2020

Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…

OPEC Says Oil Demand to Plateau in Late 2030s

Oct 08, 2020

World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits…

Lloyd’s Register to Sell Energy Business

Oct 07, 2020

Maritime classification society and technical services provider Lloyd's Register Group (LR) has agreed to sell its Energy business unit to Inspirit Capital, a London-based investment firm.LR said that the agreement followed a review of LR’s business portfolio and strategic direction…

LQ, Pipe Rack Modules Installed on Energean Power FPSO

Oct 07, 2020

Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard…

Current News

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Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

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