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Jan De Nul's Newbuild Jack-up Voltaire Suffers 'Limited Damage' in China Typhoon

Sep 16, 2022

Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…

BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target

Sep 15, 2022

Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK…

Wonder Reef: Where Engineering Meets Art, Subsea

Sep 15, 2022

Born from offshore engineering, the Wonder Reef literally came to life under the guise of Subcon Blue Solutions, large scale sculptural artist Daniel Templeman and the City of Gold Coast, Australia. Matt Allen, Director, Subcon Blue Solutions…

Floating Production Market Is Booming

Aug 30, 2022

The market for floating production systems is booming, according to World Energy Reports' (WER) latest assessment of activity and developments in the offshore oil and gas market.“Business conditions and market sentiment in the deepwater sector have seldom been so positive…

Shell, Unions Reach Deal to End Strike at Prelude FLNG

Aug 23, 2022

Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…

Japanese Firms Working on Ammonia Floating Storage & Regasification Barge

Aug 22, 2022

NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) have signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the…

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Aug 18, 2022

Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…

INPEX Files $970M Claim Against DSME for Ichthys Venturer FPSO Work

Aug 10, 2022

Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…

Petrobras Awards $130M Charter Extension for Sapura Esmeralda PLSV

Aug 10, 2022

Malaysia's Sapura Energy has, through a joint venture company, secured a charter extension with Brazil's Petrobras for the pipelaying support vessel (“PLSV”) Sapura Esmeralda. The contract is worth around RM580 million (around $130 million)…

Emergency Response Plans: Strohm's TCP Flowlines for Woodside's Scarborough Offshore Gas Field

Aug 09, 2022

Strohm, the developer of Thermoplastic Composite Pipes (TCP) for offshore energy applications, has won a contract to manufacture and deliver two TCP flowlines for Australia-based Woodside Energy's giant Scarborough offshore gas project. The…

Keppel O&M Wins $54.5 Million in Floating Production Contracts

Aug 01, 2022

Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU)…

Strategic Marine Delivers Fast Crew Boat to Centus Marine

Jul 14, 2022

Singapore-based shipbuilder Strategic Marine has delivered a 42m Fast Crew Boat (FCB) to repeat client Centus Marine, the fourth vessel delivered to the offshore marine service provider in the last two years.'The 42m FCB has been designed to meet the specific requirements of oil majors…

Asia Spot LNG Prices Rise on Uncertainty over Nord Stream, Japan Supplies

Jul 08, 2022

Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

Jul 04, 2022

More than two dozen crew on an engineering [reportedly an offshore wind] vessel [Fujing 001] with 30 people on board were missing after it snapped in two in waters off Hong Kong as tropical storm Chaba passed through, authorities said.Three crew members were rescued…

Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report

Jun 16, 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict…

Current News

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

ADNOC L&S to Build $975M Artificial Island for Lower Zakum Offshore Field

ADNOC L&S to Build $975M Artificial Island for Lower Zakum Offshore Field

First Gas from Gorgon Stage Two Development

First Gas from Gorgon Stage Two Development

Kazakhstan to Press Ahead with $16.5B Claim Against Oil Majors

Kazakhstan to Press Ahead with $16.5B Claim Against Oil Majors

Saudi Output Cut Unlikely to Lift Oil Prices to High $80s-low $90s, Citi Says

Saudi Output Cut Unlikely to Lift Oil Prices to High $80s-low $90s, Citi Says

CGG's Sercel Sells 6000 Seabed Nodes to Sinopec

CGG's Sercel Sells 6000 Seabed Nodes to Sinopec

Vietnam: FSO PTSC Bien Dong 01 Contract Renewed for 5 Years

Vietnam: FSO PTSC Bien Dong 01 Contract Renewed for 5 Years
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