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Malaysia to Lead Global Gas Output from New Offshore Projects in 2025

Jul 27, 2021

Malaysia is expected to contribute about 12% or 3.1 billion cubic feet (bcf) of global natural gas production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 and 2025, according to data and analytics firm GlobalData…

ONGC, Coast Guard Prevent Disaster as LPG Tanker Goes Adrift Near Offshore Installations

Jul 27, 2021

Indian oil and gas explorer ONGC said Monday it had, together with Coast Guard, helped avert a possible disaster relating to an empty LPG Tanker ‘Gas Yodla’ which went adrift after engine failure in the Arabian Sea on  July 24, 2021. 'At 6:35 PM on that day…

T7's Tanjung Offshore Bags ROV Deal with Pioneer Pegasus

Jul 26, 2021

Malaysia-based energy industry services firm T7 Global has won a contract for the provision of mini-ROV subsea services for Pioneer Pegasus.T7's subsidiary Tanjung Offshore Services seacured the contract for remotely operated vehicle services earlier this month…

GTT Tanks for Korean-built LNG Carrier Duo

Jul 23, 2021

French engineering company GTT has won orders from South Korean shipyards Hyundai Samho Heavy Industries (HSHI) and Daewoo Shipbuilding & Marine Engineering (DSME) to design tanks for two new LNG carriers.GTT will design the tanks of the vessels which will each offer a cargo capacity of 174…

Sapura Energy Nets $284M in Offshore Contracts

Jul 23, 2021

Malaysia's offshore services firm Sapura Energy has won new contracts worth RM1.2 billion (around $284 million) in its Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling divisions.In Engineering & Construction…

Jan De Nul Installs Export Cables for Formosa 2 Offshore Wind Farm in Taiwan

Jul 23, 2021

Offshore installation firm Jan De Nul has installed four export cables for the 376MW Formosa 2 offshore wind farm in Taiwan. Jan De Nul used its cable-laying vessel Willem de Vlamingh to install with cables of total length of 34 kilometers.'Thanks to her shallow draft design…

Shell Eyes Sale of Stakes in Malaysian Offshore Oil and Gas Fields

Jul 22, 2021

Royal Dutch Shell launched the sale of its stakes in oil and gas fields it does not operate off the coast of Malaysia, according to a document seen by Reuters.The Anglo-Dutch company announced in March that it was considering selling its stakes…

World's Largest: Sunseap to Build $2B Floating Solar Farm in Batam, Indonesia

Jul 22, 2021

Singapore's Sunseap Group says it plans to spend $2 billion to build the world's largest floating solar farm and energy storage system in neighboring Indonesian city Batam, which will double its renewable power generation capacity.The floating photovoltaic system is expected to have a capacity of 2…

Svitzer Nets 10-Year Deal for Towing Services at Offshore LNG Terminal in the Philippines

Jul 21, 2021

Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal…

Japan's JFE to Invest $363,3M in New Offshore Wind Monopile Plants

Jul 21, 2021

Japan's JFE Engineering Corporation is set to build a factory for the construction of monopile foundations and transition pieces for the offshore wind industry. The company also has plans to build jacket-type foundations in the future.'The monopile…

Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo

Jul 21, 2021

Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…

La Gan Wind Taps Fugro, Partners for Geotechnical Survey Off Vietnam

Jul 20, 2021

Offshore wind developer La Gan Wind, owned by Copenhagen Infrastructure Partners (CIP), Asiapetro, and Novasia, has awarded an offshore geotechnical contract to a consortium led by Vietsovpetro, PTSC G&S, and Fugro.The award is part of CIP’s…

Adani to Offer 50% Discount on Charges to LNG-fueled Ships at Mundra Port

Jul 20, 2021

The Adani Group will offer a 50% discount on charges to liquefied natural gas (LNG)-fuelled ships at Mundra, India's largest commercial port, according to a notice seen by Reuters, as the country seeks to cut emissions under its green ports plan…

South Korean Shipbuilder Eyes Floating Wind Opportunities

Jul 20, 2021

South Korean shipbuilder Samsung Heavy Industries is joining the offshore wind industry through the development of an independent offshore wind floater model able to operate in extreme marine environments.The company said Monday it had received Approval in Principle (AiP) for its 9…

Oil Search Rejects $6.5B Takeover Offer from Santos

Jul 20, 2021

Oil Search rejected an unsolicited takeover proposal from Santos Ltd that valued the Papua New Guinea-focused oil and gas producer at A$8.8 billion ($6.5 billion), the two companies said on Tuesday.Oil Search said the offer was not in the best interests of shareholders…

Current News

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Drilling Contract Terminated for Sunken Jack-up Rig in Malaysia

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Chevron to Triple Low-carbon Investments

Chevron to Triple Low-carbon Investments

Iranian Tanker Seen in Syria Discharging Gasoil for Lebanon

Iranian Tanker Seen in Syria Discharging Gasoil for Lebanon

Japan to Open Bidding for Akita Area Offshore Wind Farm

Japan to Open Bidding for Akita Area Offshore Wind Farm

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