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KrisEnergy Charters Jack-Up Rig for Apsara Drilling. Platform to Sail Away Soon

Aug 14, 2020

Singapore-based KrisEnergy has signed a letter of award with Vietnam's PV Drilling for PVD III jack-up drilling rig. The 2009-built rig will be used to drill five development wells at KrisEnergy's Apsara Mini-Phase 1A development offshore Cambodia.The Apsara is an offshore development oil and gas asset located in the Khmer Basin of the Gulf of Thailand with approximately 3,083 sq. km of gross acreage in which KrisEnergy has a 95% stake…

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Aug 14, 2020

Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million…

Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Aug 12, 2020

Danish wind farm developer Orsted is exploring opportunities to sell parts of its Borssele 1 and Borssele 2 offshore wind farms in the Netherlands, CEO Henrik Poulsen said in a call with investors on Wednesday.'We are exploring the potential…

Solstad Nets Offshore Wind Deal for Normand Baltic Vessel

Aug 12, 2020

Solstad Offshore's construction support vessel Normand Baltic has won an offshore wind gig in Taiwan.The Norwegian offshore vessel owner said Wednesday the contract for the use of the 2010-built  Normand Baltic was with undisclosed EPIC contractor…

SMD to Supply ROV for Petrovietnam Subsidiary

Aug 10, 2020

U.K.-based Soil Machine Dynamics Limited (SMD) said it has won a multimillion-dollar contract to supply a medium-sized work class remotely operated underwater vehicle (ROV) to PTSC GEOS & SUBSEA SERVICES CO., LTD., (PTSC G&S), a subsidiary of Petrovietnam Technical Services Corporation (PTSC)…

DOF Subsea Wins 'Key Award' with Chevron in Australia

Aug 07, 2020

Oslo-listed subsea services and vessels company DOF Subsea has been awarded an IMR Services contract with Chevron in Australia. It has also won a moorings replacement deal in Southeast Asia.DOF Subsea will support Chevron's North-West Shelf and near-shore subsea assets in Australia with DP Vessels…

Indonesia's Price Cap Obstructing Gas Projects

Aug 06, 2020

Indonesia's natural gas price cap is affecting the development of gas projects as contractors are being disincentivized, an official at oil and gas regulator SKK Migas said on Thursday.The energy ministry in April lowered the price of natural…

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Aug 06, 2020

Malaysian offshore services provider Alam Maritim has this week secured work with the Spanish oil firm Repsol, and Malaysia's marginal fields development company Vestigo.First, Alam Maritim on Tuesday said it had won a five-year deal with Repsol in Malaysia for the provision of subsea inspection…

Shell to Charter Six Newbuild LNG Carriers

Aug 04, 2020

Oil and gas giant Shell has signed long-term charters for six newbuild liquefied natural gas (LNG) carriers.Shell has signed separate agreements for two LNG ships each with affiliates of Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by J…

Jan De Nul Installs Cables, Upgrades Substation for Changhua Offshore Wind Farm

Aug 04, 2020

Belgium-based offshore installation contractor Jan De Nul has completed the installation of four medium-voltage export cables connecting the TPC Changhua offshore wind farm to the shore in Taiwan. The company has also upgraded the onshore substation in Changhua County…

Pharos Energy Secures Two-Year License Extension at TGT Field

Aug 04, 2020

Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam.The company said Tuesday the license had been formally granted to the Joint…

Indonesia to Offer More Flexibility to Oil and Gas Explorers

Aug 03, 2020

Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration.The revisions, which came into effect on July 16, allow…

ABS Class for First Taiwan-built Offshore Installation Vessel

Aug 03, 2020

Marine classification society American Bureau of Shipping (ABS) will provide classification services to the first floating heavy lift and installation vessel to be built in Taiwan.The vessel named the Green Jade has been commissioned by CDWE…

Mitsubishi Heavy, CIP JV to Develop Offshore Wind Farms in Hokkaido, Japan

Jul 31, 2020

Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a 50-50 joint venture regarding the development of offshore wind projects in Hokkaido, Japan.'The partners have high ambitions to be significant…

Japan Aims at 10 GW Offshore Wind Capacity by 2030, up to 45 GW in 2040

Jul 31, 2020

The Japan Wind Power Association said on Thursday it aims to expand the country's offshore wind power installed capacity to 10 gigawatts(GW) in 2030 and 30-45 GW in 2040.Offshore wind power currently provides only a tiny fraction of Japan's electricity supply but is set to grow after a law…

Current News

KrisEnergy Charters Jack-Up Rig for Apsara Drilling. Platform to Sail Away Soon

KrisEnergy Charters Jack-Up Rig for Apsara Drilling. Platform to Sail Away Soon

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Fugro Charters CSV Southern Ocean for Work in Australia

Fugro Charters CSV Southern Ocean for Work in Australia

Shell to Shut Down Philippine Refinery and Turn It into Import Terminal

Shell to Shut Down Philippine Refinery and Turn It into Import Terminal

AqualisBraemar to Oversee Construction of Offshore Wind Vessels in China

AqualisBraemar to Oversee Construction of Offshore Wind Vessels in China

OPEC Downgrades Oil Demand Forecast

OPEC Downgrades Oil Demand Forecast

Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

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