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Asia Oil & Gas News - page 10

 

Russian Oil Tanker Hit by Sanctions Heading to Malaysia

Feb 28, 2022

A Russian-flagged crude oil tanker targeted by U.S. sanctions is heading to Malaysia, shipping data showed on Monday, amid growing international scrutiny on businesses linked to Moscow following its invasion of Ukraine.The Linda, named in a U…

Kajima, Van Oord Picked as Balance of Plant Contractors for Three Japanese Offshore Wind Farms

Feb 28, 2022

Japanese construction firm Kajima Corporation and Dutch offshore installation contractor Van Oord have been selected as the preferred Balance of Plant contractors for three offshore wind projects in Japan. In December 2021 the Government of Japan selected three consortiums…

Sumitomo Electric, Seaway 7 in APAC Offshore Wind Collab

Feb 25, 2022

Sumitomo Electric, a Japanese manufacturer of electric wire and optical fiber cables, has signed a memorandum of understanding with offshore wind installation firm Seaway 7 with the intention to collaborate on offshore wind projects in Japan and the wider Asia-Pacific region…

Distressed Venezuelan Supertanker Discharging Oil Cargo in Asia - Sources

Feb 24, 2022

A U.S.-sanctioned Venezuela-owned supertanker that had mechanical problems since January is transferring its 2-million-barrel cargo of heavy crude to other vessels in Asia, according to three people familiar with the matter.The very large crude…

ADNOC, AG&P Agree FSU Lease for Philippines First LNG Terminal Launch in July

Feb 23, 2022

The logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) will supply a floating storage unit to LNG logistics company AG&P to launch the Philippines' first LNG import terminal in July, the companies said on Wednesday.Singapore-based Atlantic…

ExxonMobil Hires Velesto for Well Work Offshore Malaysia

Feb 22, 2022

Malaysian oilfield services company Velesto Energy has, through its subsidiary Velesto Workover, received a letter of award from ExxonMobil for the provision of a hydraulic workover unit and services in Malaysia.The duration of the contract…

RWE, Tata Power Looking to Jointly Develop Offshore Wind Farms in India

Feb 21, 2022

Germany-based renewables giant RWE and India-based power giant Tata Power have agreed on a partnership to explore the potential for a joint development of offshore wind projects in India. 'India is an unexplored and highly attractive market…

Malaysia Brings Fresh Charge Against Aker Solutions' Employee

Feb 18, 2022

Malaysia on Friday filed a fresh charge against a local manager of Norwegian oil services provider Aker Solutions, accusing him of giving false information to the country's corporate regulator, according to the company and a court document.Ahmad…

Petronas, Mitsubishi to Sell stakes in Yetagun Gas Field Offshore Myanmar

Feb 18, 2022

Malaysia's Petronas and Japan's Mitsubishi Corp are divesting their stakes in Myanmar's Yetagun gas field, the companies said, in the latest exits by major energy companies from the country since last year's military coup.A spokesperson from…

Aquadrill's Polaris Drillship Catches Fire in Sri Lanka

Feb 17, 2022

Aquadrill's Polaris drillship caught fire earlier this week at Hambantota Port in Sri Lanka. According to the port authorities, the incident happened Tuesday, and the fire was quickly extinguished.'The Hambantota International Port Emergency Response Unit (ERU) together with the port’s Quality…

Asian Refiners Eager to Resume Iranian Oil Imports as High Prices Bite

Feb 17, 2022

Asian refiners, traditionally big buyers of Iranian oil, are keen to resume imports from Iran if there is an agreement to revive a 2015 nuclear deal, which could pave the way for more supply on global markets and soften prices.Most Asian buyers halted Iranian oil imports in 2019 after former U…

Gazprom Neft to Restore Oil Drilling to Pre-pandemic Level in 2022

Feb 15, 2022

Gazprom Neft, the oil arm of Russian energy firm Gazprom, expects to restore oil drilling to pre-pandemic volumes this year with the help of new technologies, a company senior manager told Reuters on Tuesday.Analysts and company sources have…

MacGregor to Deliver Offloading Systems for China's First Cylindrical FPSO

Feb 15, 2022

MacGregor, part of Cargotec, has won a contract to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project located in the east part of the South China Sea. The contract has been awarded following the successful cooperation…

Floating “Power Island” - Twenty20 Energy Systems' IPO Planned for 2Q

Feb 14, 2022

Asia Pacific Energy Ventures said Monday it would carve out subsidiary Twenty20 Energy Systems with plans to take it public on the Nasdaq in the second quarter of 2022.Based in Singapore, Twenty20 Energy was formed in 2014 as a subsidiary of APEV…

ConocoPhillips Hires Icon Caren Jack-up Rig for Sarawak Drilling

Feb 14, 2022

U.S. oil and gas company ConocoPhillips has awarded a jack-up drilling rig contract to Malaysia's Icon Offshore for its Sarawak 2022 drilling campaign.The contract is for the Icon Caren jack-up drilling rig, previously known as Perisai Pacific 101…

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Ørsted Opens Offshore Wind Operations and Maintenance Hub in Taiwan

Ørsted Opens Offshore Wind Operations and Maintenance Hub in Taiwan
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