SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC…
Wind turbine maker Siemens Gamesa has ordered four electrical overhead cranes from Konecranes for its offshore nacelle plant in Taichung, Taiwan. The cranes will support the entire material handling of the site’s broadened production scope, with lifting capacities of up to 400 tons…
Zephyrus Marine has signed a memorandum of understanding (MOU) with Japanese shipyard Mirai Ships to build the Zephyrus Zero Carbon Offshore wind service vessel. Ad Hoc Marine Designs Ltd. (Ad Hoc) will be providing the design for the zero-emission Crew Transfer Vessel (“CTV”)…
Malaysian offshore vessel services firm Coastal Contracts said Tuesday its subsidiaries had secured contracts for the sales of two offshore support vessels for an aggregate value of approximately RM287.3 million (currently around $65,2 million)…
Malaysian Prime Minister Anwar Ibrahim on Tuesday said Beijing had expressed concerns about energy activities by Malaysian state firm Petronas in the South China Sea, even though Kuala Lumpur believes the projects are in its territory.Anwar's…
Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development…
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited.'This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28…
Danish wind turbine maker Vestas said Friday it had signed a preferred supplier agreement to supply its giant 15MW offshore wind turbines for a floating wind project in South Korea.Vestas did not say who the client was. It did say that the floating…
The Philippines' Department of Energy said on Thursday it had signed three contracts with a Danish fund manager for offshore wind energy development projects with a total capacity of 2,000 megawatts.There will be a 25-year operating period for…
China's CNOOC more than doubled its net profit in 2022, benefiting from a year of elevated international oil and gas prices following Russia's invasion of Ukraine. The company, one of China's three largest state-controlled oil and gas companies…
French engineering firm GTT said Tuesday it had received an order from its South Korea-based shipbuilder Samsung Heavy Industries for the tank design of a new Floating Liquefied Natural Gas (FLNG) unit. According to GTT, Samsung is building the FLNG for 'an Asian company…
Malaysian oil and gas company Petronas Carigali has awarded a work order to Perdana Nautika, a subsidiary of Perdana Petroleum, for the supply of an accommodation work barge.The contract started on March 20, 2023, and is for up to two 229 days from the start date…
Two crew members have died and one is missing after a fire broke out on an oil tanker carrying fuel to terminals on the Indonesian islands of Bali and Lombok, the state energy company Pertamina said in a statement late on Sunday.The chartered vessel…
China plans to use renewable energy sources such as wind and solar to provide onsite power for enhanced oil and gas recovery techniques, according to the National Energy Administration.Gas output could be increased by 3 billion cubic meters (bcm) through pressure-boosted mining techniques…
Japan's top utility JERA has agreed to buy Belgium-based offshore wind energy producer Parkwind for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonization goals.JERA, a joint venture between Tokyo Electric…
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