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Oil and Gas Regions news - page 104

 

Petrofac's Bribery Case Sentencing Hearing Delayed

Sep 27, 2021

Oilfield services firm Petrofac's bribery case sentencing hearing has been postponed for Friday.As previously reported, Petrofac said Friday it would plead guilty to seven counts of failing to prevent former Petrofac group employees from offering…

Mott MacDonald Nets Offshore Wind Deal in Taiwan

Sep 27, 2021

Mott MacDonald has been appointed by Hai Long offshore wind farm project as one of its owner’s engineers.The Hai Long project, currently in the development phase, is a 1GW wind farm located 50-70 km from the shore. Hai Long has three separate grid allocations…

BP Exec: Asia Needs Carbon Pricing to Accelerate Energy Transition

Sep 27, 2021

Asia needs to adopt a carbon pricing mechanism to help accelerate its transition towards lower emissions, a senior company official at oil major BP said on Monday.'A well-designed carbon pricing framework that is able to prevent carbon leakage…

CNOOC Seeks to Raise $5.4B to Fund Key Oil and Gas Projects

Sep 27, 2021

China's state-run offshore oil and gas major CNOOC Ltd said it plans to raise up to 35 billion yuan ($5.41 billion) in a new share issue on the Shanghai stock exchange to fund several key oil and gas projects.The domestic fund-raising plan came as U…

CNOOC Starts Production from Bozhong 19-4 Project

Sep 24, 2021

Chinese offshore oil producer CNOOC said Friday it had begun producing oil from its Bozhong 19-4 project in the south of the Bohai Sea. Located in an average water depth of about 21 meters, the project uses the existing processing facilities of Bozhong 25-1 oilfield…

BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

Renewable Energy Firms Pin Hopes on Taro Kono Becoming Japan PM

Sep 24, 2021

Renewable energy companies are betting that the leading contender in the race to become Japan's next prime minister, Taro Kono, will unleash changes allowing more market access and a fairer playing field after years of neglect.The 58-year-old…

CNOOC Powers Bohai Bay Oil Fields from Shore

Sep 23, 2021

Chinese offshore oil and gas company CNOOC said Thursday that a project to power Bohai Bay offshore fields from shore has kicked off operation successfully.'This onshore power project is located in the mid-western Bohai Bay,  containing two parts…

ADNOC Increases Size of Drilling Unit IPO to $1.1B

Sep 22, 2021

State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, the firm said on Wednesday.ADNOC had previously targeted a minimum stake of 7…

Shell Orders Fully Electric Ferries from Penguin in Singapore

Sep 22, 2021

Shell has awarded a contract to a Singapore-based firm Penguin International Limited, to design, build and operate at least three fully electric ferries which, when operational, will be the first fully electric ferry service in Singapore and a first for Shell globally…

Shearwater GeoServices in Bass Strait 3D Seismic Survey

Sep 22, 2021

Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…

Sapura Energy CFO to Step Down

Sep 21, 2021

Malaysian oil and gas producer and energy services provider Sapura Energy said Tuesday that Reza Abdul Rahim would step down from his position as Chief Financial Officer.He will step down on October 1, 2021, after more than five years in the role…

Saipem, Saudi Aramco Look to Establish EPC Giant in Saudi Arabia

Sep 21, 2021

Italian energy industry engineering and construction firm Saipem has signed a Memorandum of Understanding (MoU) with the Saudi oil giant  Saudi Aramco to explore the possibility of forming a new entity for engineering and construction activities…

Shearwater GeoServices Secures South East Asia Survey Deal

Sep 21, 2021

Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…

Safety Milestone for Japan Drilling Company's Jack-up Rig

Sep 20, 2021

Offshore drilling firm Japan Drilling Company said last week that its jack-up drilling rig Hakuryu-11 had reached a safety milestone.Namely, the rig has managed to achieve a three-year milestone of No Recordable Incident Record - for the September 14…

Current News

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

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