Offshore wind developer Ørsted and Taiwanese vessel company Ta San Shang Marine Co. Ltd. held a ceremony in Taichung on Tuesday to christen and name the first-ever purpose-built Service Operation Vessel (SOV) 'TSS Pioneer' in the Asia-Pacific region. The vessel, built in Vietnam, will be used to service the 900 MW Greater Changhua 1 & 2a offshore wind farms in Taiwan. 'TSS Pioneer” is the first Taiwan…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…
Philippine conglomerate Udenna Corp is open to exploring potential deals, its president said on Friday, after a report that its tycoon owner was considering selling businesses collectively worth several billion dollars.Dennis Uy, whose business…
Floating wind foundation maker BW Ideol has partnered up with Japanese electric utility Tohoku Electric Power to conduct feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off the coast of Kuji city…
Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2022 by 20% to a record 300 billion yen ($2.3 billion) thanks to higher-than-expected oil prices and a lower yen against the U.S. dollar.Its annual net profit…
Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…
Japanese trading house Marubeni Corp said on Friday it had cut its exposure to Russia by 12.6 billion yen ($97 million) in the year just ended, mainly by writing down its stake in the country's Sakhalin-1 oil project.Its net exposure to Russia…
Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…
India plans to set up 30,000 megawatts (MW) of offshore wind power capacity alongside 50,000 MW of solar capacity, the country's power minister said on Tuesday.'India has focused programs for capacity addition and accelerating the energy transition…
Danish offshore wind developer Ørsted is planning what it says is a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations in Taiwan.The company will test the concept in the tropical waters of Taiwan this summer…
East Timor's national oil company wants to start producing natural gas from its Greater Sunrise fields by 2028 or 2030, the company's head said on Tuesday in Houston, hoping to develop the offshore project that has been stuck in limbo for decades…
Rawabi Vallianz Offshore Services (RVOS) has chosen to outfit its entire fleet of vessels with the Fueltrax Electronic Fuel Management System (EFMS) to ensure accurate fuel usage transparency and emissions tracking.RVOS, a JV between Rawabi Holding…
U.S. Gulf of Mexico focused oil and gas company W&T Offshore has signed a Memorandum of Understanding (“MOU”) with Korea National Oil Corporation (“KNOC”) to jointly consider and pursue various opportunities in upstream oil and gas as well as…
Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…
Japanese shipping and logistics firm NYK has signed a long-term time-charter contract with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. for six liquefied natural gas (LNG) carriers, in addition to a shipbuilding contract for the vessels with Hudong-Zhonghua Shipbuilding (Group) Co…
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