Japan and Denmark have agreed to join hands in researching and developing floating offshore wind power technologies in a bid to combat climate change, Japan's trade and industry ministry said.The nascent floating offshore wind industry is poised…
Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he saw significant demand growth for oil, citing a possible resurgence in the Chinese economy and an aviation sector that remains below pre-pandemic levels. He said a one-size…
Sembcorp Industries on Tuesday said its unit, Sembcorp Utilities, had signed a deal to explore the feasibility of green hydrogen production in Indonesia for export to Singapore.The green hydrogen facility deal with Indonesia state-owned utility firm PT PLN (Persero) could produce up to 100…
Chinese national offshore oil and gas major CNOOC Ltd, on Tuesday posted an 8.13% fall in third quarter profit on lower realised oil prices despite higher output.Net profit fell to 33.88 billion yuan ($4.64 billion), CNOOC said in a filing to the Hong Kong Stock Exchange…
Australia said on Tuesday it was reviewing an emergency application by an indigenous group seeking to block pipeline construction on Santos Ltd's $3.6-billion Barossa gas project off northern Australia.Six indigenous elders on the Tiwi Islands…
Chinese refiners dipped into crude stockpiles for the second time in three months in September as they processed record volumes of oil even as imports dipped.Refiners drew about 240,000 barrel per day (bpd) from inventories in September, a sharp reversal from August when they added about 1…
China's CNOOC announced on Monday the discovery of a large deep-reservoir coalbed methane field in the north of the country with proven geological reserves of over 100 billion cubic meters (bcm) of gas.It is the second sizeable gas discovery onshore for the offshore oil and gas producer…
Belgium-based offshore installation company DEME Group said Friday it had won a new offshore wind contract in Taiwan, through its Taiwan-based affiliate CDWE.Offshore wind developer Ørsted has awarded CDWE a contract to carry out seabed levelling…
Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about $1.2 billion, according to two sources with direct knowledge.The sale of the…
The Australian oil and gas company Woodside has removed the Nganhurra Riser Turret Mooring (RTM) from the Enfield field, located approximately 52 km northwest of Exmouth in Western Australia.According to Woodside, the RTM has been lifted onto…
Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts.During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1…
BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…
Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…
The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…
Offshore helicopter services company NHV Group has announced a collaboration in Taiwan with Apex Aviation, a local Taiwanese company, with the aim of providing helicopter transportation services to Taiwan's growing offshore wind industry.'Given…
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