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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…

Chrysaor, Premier Oil Set to Merge

Oct 06, 2020

Two UK-based offshore oil and gas companies Premier Oil and Chrysaor are set to merge in an all-stock transaction. Premier Oil also said that its proposed acquisition of BP's North Sea assets will not take place.In a joint statement released Tuesday…

High Pressure Water Blasters for Shipyards: Aussie Safe Operator Free Training

Oct 05, 2020

Australian Pump, an Australian designer and manufacturer of high-pressure cleaning equipment, was chosen to design and build 4,000 psi high pressure water blasters for Sydney’s Garden Island Dockyard. The machines, called the Aussie Atlas, feature an all stainless steel construction and produce a 4…

OHT Orders Its First Wind Turbine Generator Installation Unit

Oct 05, 2020

Offshore Heavy Transport (OHT) has signed the firm order for the construction of an offshore wind turbine generator installation vessel, which will mark the heavy-lift and transportation company's entry into the offshore wind turbine installation business…

Aker Offshore Wind, Partners Install LiDARs Offshore S. Korea

Oct 05, 2020

Aker Offshore Wind, an offshore wind energy spin-off of Aker Solutions, has installed Light Detection and Ranging buoys (LiDARs) offshore Ulsan, South Korea. The company said the operation was a major milestone for the company’s KFWind consortium…

Icon Offshore Strikes Deal to Buy Perisai Pacific 101 Jack-Up Rig

Oct 02, 2020

Bursa Malaysia-listed offshore vessel provider Icon Offshore has struck a deal to buy the Perisai Pacific 101 jack-up drilling rig.The 2014-built rig, owned by a subsidiary of  Perisai Petroleum Teknologi Bhd (PPTB), is an asset mortgaged to Oversea-Chinese Banking Corporation (OCBC)…

Founder of Singapore's Marine Fuel Supplier Charged in Shell Oil Theft Case

Oct 02, 2020

The founder of one of Singapore's biggest marine fuel suppliers has been charged for his involvement in a large-scale oil theft from Shell's refinery in the city-state, according to a charge sheet reviewed by Reuters.Pai Keng Pheng, the founder and managing director of Sentek Marine & Trading…

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Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

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