Thai-based offshore services company Mermaid Subsea Services has signed a letter of intent with the offshore construction vessel Resiliant from Resiliant Offshore, a subsidiary of Swiber.The vessel - previously known as Swiber Conquest - is a pipelay and accommodation work barge…
A unit of state-run oil Chinese and gas major Sinopec Corp has found an initial 458 million tonnes (3.34 billion barrels) of geological shale oil reserves at its Shengli field, the official Xinhua news agency reported on Tuesday.Shengli, in Shandong province…
OneOcean, a provider of digital solutions for the maritime industry, has announced a new location for its Singapore office. 'Located in the Bugis area of the city, the move brings the company closer to its customer base in the region and will provide the benefits of flexible working for its staff…
Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.A memorandum of understanding…
Belgium-based offshore installation company Deme Offshore has in partnership with Japan's Penta-Ocean Construction formed a new joint venture company specializing in offshore wind installation called Japan Offshore Marine.'Through [Japan Offshore Marine]…
Offshore construction and installation firm McDermott has said it has recently completed its first delivery of two bridges and a flare for TotalEnergies' Tyra redevelopment project offshore Denmark.The work package for the Tyra Redevelopment is executed from McDermott's fabrication yard in Batam…
South Korea's Posco and Malaysia's Petronas Carigali have been awarded a Production Sharing Contract (PSC) for Block PM524, offshore Malaysia.Posco is the operator with an 80 percent stake and Petronas Carigali, a subsidiary of Petronas holds the remaining 20 percent…
CNOOC Ltd's unaudited third-quarter revenue grew 64% to 59.7 billion yuan ($9.33 billion) on higher prices and output, the Chinese offshore oil and gas major said on Thursday.The state oil firm said it is mapping out an emissions-cutting roadmap…
Chinese offshore wind turbine maker MingYang has secured an order to supply its 11MW offshore wind turbine for a floating wind project in Europe.The company said Friday the order was related to an offshore floating wind power pilot project in…
Danish wind turbine maker Vestas has said it has completed the construction of all the blades, nacelles, and most of the tower sections for Akita Offshore Wind Corporation's Akita Noshiro offshore wind farm project in Japan.The project will be Japan's first utility-scale offshore wind farm…
India received its first import of liquefied natural gas (LNG) from Russia's Yamal LNG project over the weekend, Refinitive Eikon LNG flows data showed.The cargo was supplied by Russian gas company Gazprom under its long-term LNG sales deal with GAIL (India) Ltd…
Global oil major ExxonMobil Corp is looking at buying a stake in some of the local deepwater fields of Indian explorer Oil and Natural Gas Corp, oil secretary Tarun Kapoor said on Friday.India, the world's third-biggest oil importer, and consumer…
Australian offshore vessel operator MMA Offshore has secured a contract with Oil Search Limited in Papua New Guinea.The contract is for the provision of diving inspection services. 'The works will leverage the successful working relationship between MMA and Oil Search…
Oil producer Guyana could resume talks with India for a deal to sell the government's share of crude as output rises next year, the South American nation's vice president told Reuters.Earlier this year, Indian refiners bought at least two test cargoes of Guyana's Liza light sweet crude…
BP has signed a sales and purchase agreement with a unit of China's Shenzhen Gas Group Co Ltd to supply piped natural gas for 10 years starting 2023, BP said in a statement on Wednesday.Under the agreement, BP will provide Shenzhen Sino-Benny LPG Co Ltd…
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