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Asia Oil & Gas News - page 65

 

Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines

Jan 12, 2022

Spanish renewable energy industry firm Iberdrola said Wednesday it had signed an agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, and  Stream Invest Holding AG, a Swiss renewable energy group, sealing…

Indonesia Oil and Gas Lifting Falls for 5th Year Amid Failure to Tap New Sources

Jan 12, 2022

Indonesia's oil lifting, or ready-to-sell production, narrowly missed its target and fell for a fifth straight year in 2021, after a failure to tap new sources and as older fields matured, energy minister Arifin Tasrif said on Wednesday.The Southeast Asian country's oil lifting came in at 660…

Masirah Oil: Yumna Offshore Oil Field Produced 8,440 stb/d in December

Jan 11, 2022

Masirah Oil, a 91.81 percent subsidiary of Rex International, said Monday that gross oil output from the Yumna Field in offshore Block 50 Oman,  in December 2021 amounted to 8,440 stock tank barrels per day (stb/d).'Production was choked back…

Offshore Oilfield Cluster Bohai Becomes China's Largest Oil Producer

Jan 11, 2022

China's offshore oilfield cluster Bohai, run by state-run CNOOC Ltd, has become the country's largest crude oil producer with output hitting 30.132 million tonnes (602,640 barrels per day) in 2021, state news agency Xinhua reported.Bohai field…

China's CNOOC Sets 2022 Output Target 10% above 2021 Goal

Jan 11, 2022

China's biggest offshore oil and gas producer, CNOOC Ltd, on Tuesday set its 2022 production target at 600 million-610 million barrels of oil equivalent (boe), 10% above last year's goal.The company targeted output of 545 million-555 million boe in 2021…

Petronas, Shell Exploring Offshore Carbon Capture And Storage in Malaysia

Jan 11, 2022

Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…

TGS in Extensive Seismic Data Reprocessing Project in Indonesia

Jan 10, 2022

Norwegian marine seismic data company TGS on Monday announced a project designed to help drive exploration across the South Makassar and North East Java regions of Indonesia.The company said that processing has begun on the East Java Sea 2D-cubed project…

Ex-Vestas Taiwan Director Zahirovic Joins James Fisher Renewables

Jan 10, 2022

James Fisher Renewables, an offshore renewables industry service provider part of James Fisher and Sons, has appointed Maida Zahirovic as APAC regional vice president.With more than 11 years in the wind industry, Zahirovic joins JF Renewables…

DNV to Certify Offshore Wind Turbines for South Korea

Jan 10, 2022

Korean Energy Agency (KEA) has selected assurance provider DNV to deliver Type Certification services for the South Korean wind energy market. 'This new DNV service for the Korean market will result in a convenient and cost-effective process…

Petronas Makes Gas Discovery Offshore Malaysia

Jan 07, 2022

Petronas announced a new gas discovery off the coast of Malaysia.The Malaysian company said Friday that its Petronas Carigali Sdn Bhd (PCSB) subsidiary found gas at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow…

Fred. Olsen Windcarrier Reels In $90,5M in New Contracts

Jan 05, 2022

Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…

Indonesia's Tangguh, Bontang Plants to Sell 58 LNG Cargoes for Local Ppower Plants

Jan 05, 2022

Indonesia's Tangguh and Bontang plants are committed to selling 58 cargoes of liquefied natural gas to state utility firm Perusahaan Listrik Negara in 2022, upstream oil and gas regulator SKK Migas said in a statement on Wednesday.The statement…

BW Ideol, Jera, ADEME Pen Investment Deal for Floating Wind Projects

Jan 05, 2022

BW Ideol, a company specializing in floating offshore wind solutions has signed an investment agreement with Japan's JERA, and France's ADEME Investissement to create an investment company for financing the co-development of offshore wind projects…

ADNOC Offshore Taps NPCC for Umm Shaif Field Work Worth $946M

Jan 05, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…

Yinson Gets Charter Extension for FPSO in Vietnam

Jan 04, 2022

Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam SonThe 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

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