Engineering and construction firm McDermott said Thursday it had secured a contract by ADNOC to provide front-end engineering design (FEED) services for the new Fujairah Liquefied Natural Gas (LNG) facility. Located approximately 155 miles (250 km) from Abu Dhabi…
Australia's vast liquefied natural gas (LNG) sector is betting its future on carbon capture and storage (CCS), a technology it says is vital to decarbonization and is proven.Convincing everybody else is going to be the tricky part, especially…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…
Offshore wind developer Ørsted and Taiwanese vessel company Ta San Shang Marine Co. Ltd. held a ceremony in Taichung on Tuesday to christen and name the first-ever purpose-built Service Operation Vessel (SOV) 'TSS Pioneer' in the Asia-Pacific region…
Chevron Corp has completed maintenance work at its Wheatstone liquefied natural gas (LNG) plant, and the facility's two processing units, or trains, are now running, the operations head of its Australian business said on Tuesday.'We are still starting up our domgas (domestic gas) plant…
Bahrain's state oil firm nogaholding is in final talks to appoint a strategy consultant and financial adviser, its chief executive said on Monday, as the indebted country seeks to capitalize on high energy prices and sell or lease out assets…
Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Monday.Woodside shareholders are set…
Saudi Arabia is on track to lift oil production capacity by more than 1 million barrels per day to over 13 million barrels bpd by the end of 2026 or start of 2027, the energy minister said on Monday.Prince Abdulaziz bin Salman told an energy…
Philippine conglomerate Udenna Corp is open to exploring potential deals, its president said on Friday, after a report that its tycoon owner was considering selling businesses collectively worth several billion dollars.Dennis Uy, whose business…
Valaris' MS-1 semi-submersible drilling rig, currently anchored in the Dampier outer harbor in Australia, is on schedule to start tow to the Western Gas' Sasanof-1 location on Monday, May 16, 2022, the oil and gas company said Thursday. 'Western…
Floating wind foundation maker BW Ideol has partnered up with Japanese electric utility Tohoku Electric Power to conduct feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off the coast of Kuji city…
Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2022 by 20% to a record 300 billion yen ($2.3 billion) thanks to higher-than-expected oil prices and a lower yen against the U.S. dollar.Its annual net profit…
SapuraOMV has started drilling at the Kanga-1 well in the WA-412-P offshore license in Western Australia, Finder Energy, a partner in the project said Tuesday.The well is located in the Dampier Sub-basin, around 20 km east of the Mutineer/Exeter and Fletcher/Finucane oil fields…
Australian oil and gas company Western Gas, gearing up to start drilling at its promising Sasanof-1 prospect off W. Australia, has said that the mobilization of equipment to the Valaris MS-1 semisubmersible drilling rig has now started in preparation…
Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…
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