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Asia Oil & Gas News - page 9

 

BW Offshore Sells FPSO Umuroa for Scrap

Mar 14, 2022

After it last month said it would recycle its FPSO BW Cidade de São Vicente, FPSO owner BW Offshore has now agreed to sell another FPSO for scrap, this time the FPSO Umuroa.The company said Monday it had signed an agreement to recycle the FPSO…

Aker Offshore Wind and Mainstream Buy Into 800MW Floating Wind Project in Japan

Mar 14, 2022

Aker Offshore Wind and Mainstream Renewable Power have closed the transaction which will see them take an initial 50 percent ownership stake in Progression Energy's 800 MW floating offshore wind project in Japan.The news comes after the two…

Petronas Carigali Awards Offshore Drilling Contract to Velesto

Mar 11, 2022

Malaysian oil and gas company Petronas Carigali, a subsidiary of Petronas, has awarded a two-year contract to Velesto Energy's subsidiary Velesto Drilling for the provision of jack-up drilling rigs.The contract, which covers a suite of Velesto's NAGA jack-up rigs…

VARD Delivers Asia's First Newbuild Service Operation Vessel

Mar 11, 2022

Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…

Malaysia: Kimanis Oil Exports to Fall in May on Field Maintenance

Mar 11, 2022

Exports of Malaysia's flagship Kimanis crude oil are set to fall to six cargoes in May, down two from April, due to maintenance at oilfields offshore Sabah, a preliminary loading schedule showed on Friday.Shell, the operator of the oilfields that produce Kimanis…

MEO Group Wins Contract to Supply Five Anchor Handling Tug Supply Vessels

Mar 10, 2022

MEO Group and its local joint venture partner, Uniwise Offshore Ltd, won a three-year contract for five Anchor Handling Tug Supply vessels (AHTS) by an E&P company in Thailand. The five vessels -- MEO Monarch 1, MEO Monarch 2, Uniwise Advantage…

'World's Largest OSV Fleet': Tidewater to Buy Swire Pacific Offshore

Mar 09, 2022

U.S.-based offshore support vessel owner Tidewater said Wednesday it had agreed to acquire Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited for around $190 million. Tidewater said the transaction would create…

Perdana Petroleum Nets Three AHTS Charters with Petronas Carigali

Mar 08, 2022

Malaysian offshore services company Perdana Petroleum has secured contracts for three Anchor Handling Tug and Supply vessels with Petronas Carigali.Perdana Nautika will provide the three AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs…

Sakhalin Projects to Effectively 'freeze', Japan Holding Off Decision - Minister

Mar 08, 2022

Japanese industry minister Koichi Hagiuda said on Tuesday that the Sakhalin energy projects 'will effectively freeze' given the exit of Western stakeholders and that Japan would therefore wait to see how the situation plays out to make any decision…

Empyrean Energy: Jade Prospect Site Survey Complete. Drilling Rig Talks Underway

Mar 07, 2022

Empyrean Energy, a company gearing up to start drilling at its Jade prospect, offshore China, said Monday that China Oilfield Services Limited ('COSL') had successfully completed the well site survey required over the Jade Prospect drilling location…

Coastal Contracts Sells Three Vessels for $26.2M

Mar 04, 2022

Bursa Malaysia-listed marine oilfield services provider Coastal Contracts has agreed to sell three of its vessels for RM109.7 million (around $26.2 million).The company, based in Sabah, Malaysia, said earlier this week that its subsidiaries…

Floating Wind: Ocean Winds, Aker Offshore Wind JV Secures Another EBL in South Korea

Mar 03, 2022

Korea Floating Wind ('KF Wind'), a joint venture between Ocean Winds and Aker Offshore Wind, has received its second Electric Business License (EBL) from South Korea's government for a capacity of 450 MW, 'Obtaining the second EBL represents…

BW Offshore Gets One-year Contract Extension for FPSO BW Joko Tole

Mar 02, 2022

Oslo-listed FPSO leasing firm BW Offshore said Wednesday it had received a one-year contract extension for the lease andoperation of the FPSO BW Joko Tole. BW Joko Tole is a gas-producing FPSO operating on the TSB field offshore Indonesia for Kangean Energy Indonesia…

Exxon to Exit Russia, Leaving $4B in Assets, Sakhalin LNG Project in Doubt

Mar 02, 2022

ExxonMobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.The decision will see Exxon pull out of managing large oil…

Eni Set to Spud Dan Tranh-1X Well Off Vietnam

Mar 02, 2022

Eni Vietnam B.V., a unit of Italian energy group Eni, is expected to start drilling at the Dan Tranh-1X well in Vietnam's offshore oil block 115/09 from late this month, state oil firm PetroVietnam said on Tuesday.PetroVietnam will invite Essar…

Current News

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Indonesia: Pertamina's H1 Oil, Gas Output Rises to 965,000 BOEPD

Conoco Sweetens Shareholder Returns by $5 Billion as Profit Jumps

Conoco Sweetens Shareholder Returns by $5 Billion as Profit Jumps

Korean Companies Ink CCS MoU With Petronas

Korean Companies Ink CCS MoU With Petronas

Ørsted Opens Offshore Wind Operations and Maintenance Hub in Taiwan

Ørsted Opens Offshore Wind Operations and Maintenance Hub in Taiwan
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