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Oil and Gas Regions news - page 108

 

Solstad's PSV, AHTS Secure Australia Contracts

Feb 26, 2021

Solstad Offshore, a Norway-based offshore vessel operator, on Friday said it had won contracts for the vessels Normand Ranger and Far Seeker in Australia.The Normand Seeker, a large AHTS, has been awarded a contract in Australia with the start slated for the second quarter of 2021…

ADNOC Drilling Takes Delivery of Shelf Drilling Journey Jack-Up Rig

Feb 25, 2021

UAE-based ADNOC Drilling has taken delivery of the Shelf Drilling Journey jack-up drilling rig from Shelf Drilling, following the sale and purchase deal signed in December 2020.Offshore drilling contractor Shelf Drilling said Thursday that it had on February 24…

Ex-SBM Offshore Sales Manager Convicted in Bribery Case

Feb 25, 2021

A former sales manager of Dutch energy services company SBM Offshore was on Wednesday convicted by a London jury of conspiracy to bribe public officials to secure lucrative oil contracts in Iraq after the fall of Saddam Hussein in 2003.Paul Bond…

Alexey Miller to Stay at Gazprom Helm for Five More Years

Feb 25, 2021

Alexey Miller will remain at the helm of the Russian oil and gas giant Gazprom for another five years, the company said in a statement on Wednesday. 'The Board of Directors reviewed the issue of electing the Chairman of the Gazprom Management…

ExxonMobil's Total Oil and Gas Reserves Drop by a Third

Feb 25, 2021

ExxonMobil's global oil and gas reserves tumbled by a third last year as the COVID-19 pandemic slammed global oil prices and demand, the company said on Wednesday.The largest U.S. oil producer is reeling from the sharp decline in oil demand…

PTTEP Finds More Gas Offshore Malaysia

Feb 24, 2021

Thai oil and gas company PTTEP has made a gas discovery at the Dokong-1 wildcat exploration well in Block SK417, located in the shallow waters of Baram Province, offshore Sarawak, Malaysia.PTTEP is the operator of the block with an 80 percent stake…

Petronas Strikes Oil Offshore Indonesia

Feb 24, 2021

Malaysian oil company Petronas said Wednesday it had made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java,  Indonesia. Petronas' subsidiary PC North Madura II Ltd…

Floating Offshore Wind: The Next Big Thing for Asia Pacific?

Feb 23, 2021

Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…

Saipem Bags $1.7B Deal to Build Offshore Facilities for Qatar's North Field

Feb 22, 2021

Italian offshore energy services contractor Saipem has received from Qatargas a letter of award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approximately $1…

Singapore: Pavilion Energy, Chevron Pen LNG Supply Deal

Feb 22, 2021

Singapore's Pavilion Energy Trading & Supply Pte Ltd said on Monday it signed a six-year sale and purchase agreement with Chevron Corp for about 0.5 million tonnes per year of LNG supplies from 2023.Pavilion Energy, owned by Singapore state-owned investment company Temasek Holdings…

CNOOC Makes Large Oil and Gas Find in Bohai Bay

Feb 22, 2021

Chinese national oil company CNOOC said Sunday it had made a large oil and gas discovery Bozhong 13-2 in Bohai Bay.CNOOC said that the Bozhong 13-2 structure was located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23…

Not an Aspiration, But a Target: Eni Says Will Become Carbon Neutral by 2050

Feb 19, 2021

Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry under pressure from investors to go green.Like its peers, Eni is…

ConocoPhillips, Petronas Carigali Awarded Block Off Sabah, Malaysia

Feb 19, 2021

ConocoPhillips and Petronas Carigali have been awarded Block SB405, offshore Sabah, Malaysia, Petronas has informed.The offshore block is located in the North East Sabah basin, off the coast of Sandakan, with an area size of 5,857 square kilometers and in a water depth of up to 100 meters…

Siem Offshore's Siem Barracuda Nets 100-Day Offshore Wind Deal in Asia

Feb 19, 2021

Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel 'Siem Barracuda'…

Myanmar Coup Won't Affect Offshore Exploration Plans, Woodside CEO Says

Feb 19, 2021

Australia's Woodside Petroleum sees the military coup in Myanmar as 'a transitionary issue' that would not affect its drilling in waters off the Southeast Asian nation, its chief executive said.His comments came as Australia, India, Japan, and…

Current News

Unique Group Acquires Subsea Innovation

Unique Group Acquires Subsea Innovation

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ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

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