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Oil and Gas Regions news - page 109

 

Tekmar Energy to Protect Cables at Two Offshore Wind Farms in China

Feb 17, 2021

Tekmar Energy has said it has won contracts to provide cable protection systems for two offshore wind farm projects located in the coastal province of Guangdong in southeast China.Under the contracts with unnamed clients, Tekmar Energy will…

Lukoil Offers to Buy FAR to Get Hold of Sangomar Field Stake Offshore Senegal

Feb 17, 2021

Russian oil company Lukoil is still working to obtain a share in the offshore block in Senegal containing the Sangomar development, after its first attempt last year to buy Cairn's share in the project was blocked out by Woodside, which exercised its pre-emption rights as a partner in the block…

Vertical Axis Floating Wind Turbine Developer Granted Japanese patent

Feb 16, 2021

SeaTwirl, a Swedish company developing vertical-axis floating wind turbines, has said that it has been granted a patent by the Japanese Patent Office for its divisible wind turbine. According to the company, the patent protects a solution where…

Vestas Appoints Asia Pacific Regional President

Feb 16, 2021

Wind turbine maker Vestas - which last week announced it would build the world's largest offshore wind turbine - said Monday it had appointed Purvin Patel as Regional President of Asia Pacific, to strengthen its presence and market position in strategic and fast-growing markets in the region…

Australia's South Needs LNG Import Terminal to Avoid Gas Shortfall in 2024

Feb 16, 2021

Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday…

Carnarvon Gearing Up for Buffalo Drilling Start

Feb 15, 2021

Australian oil company Carnarvon Petroleum is gearing up to start drilling at its Buffalo oil field project, in the Timor Sea, offshore East Timor.The company has awarded the drilling management services to Petrofac, which will include completion of detailed well design…

Strategic Marine Delivers Fast Crew Boat to Centus Marine

Feb 15, 2021

Shipbuilder Strategic Marine has delivered a Fast Crew Boat (FCB) to offshore support vessel owner Centus Marine.The 40-meter vessel, named Centus Eight, was built in Singapore. According to Strategic Marine, during the sea trials the vessel achieved a top speed in excess of 30 knots…

Palfinger to Deliver Lifeboats, Cranes for Anna Nery FPSO

Feb 12, 2021

Palfinger has won an order to deliver cranes, lifeboats, a rescue boat, and davits for Malaysia-based Yinson's Anna Nery FPSO, which will, once complete be deployed at Petrobras' Marlim 2 field offshore Brazil.Under the order, Palfinger will…

Inpex Slumps to First Annual Loss in 12 years

Feb 10, 2021

Japan's biggest oil and gas explorer Inpex Corp posted a net loss of 111.7 billion yen ($1.1 billion) in 2020 as the COVID-19 pandemic hammered oil prices, cutting its sales and forcing it to book hefty impairment losses.The result marks Inpex's…

Sapura Energy Nets E&C and Drilling Deals Worth $457M

Feb 10, 2021

Sapura Energy, a Malaysian integrated oil and gas services and solutions provider, said Wednesday its Engineering and Construction (E&C) and Drilling divisions have recently secured contracts with a combined value of about RM1.85 billion (around USD 457 million)…

Japan's Cosmo Awarded Offshore Exploration Concession in Abu Dhabi

Feb 10, 2021

Japanese oil company Cosmo has been awarded exploration concession for Offshore Block 4 in Abu Dhabi, ADNOC, the Abu Dhabi national oil firm said.Under the agreement, Cosmo will own a 100 percent stake in the exploration phase, investing up to $145 million towards exploration and appraisal drilling…

PTTEP, Petronas Make Significant Gas Find Offshore Sarawak, Malaysia

Feb 10, 2021

Malaysian oil firm Petronas and Thailand's PTTEP on Wednesday announced they'd made a large gas discovery at the Lang Lebah-2 well, offshore Sarawak, Malaysia.The well is located in Block SK410B, in the Central Luconia Province, about 80 kilometers off the coast of Sarawak…

France's Total to Change Name in Pivot Away from Oil

Feb 09, 2021

France's Total posted better than expected earnings in the fourth quarter as oil prices stabilized, and said it would change its name as part of a push to diversify and grow renewable power and electricity production.The French oil and gas major…

Sapura Energy Says Brazilian JV Unaffected by Seadrill's Chapter 11 Filings

Feb 09, 2021

Malaysian offshore energy services firm Sapura Energy said that its Brazilian joint venture with Seadrill is not affected by Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia. Sapura Energy said it was responding to media…

PTTEP Taps Petrofac for P&A Project Off Australia

Feb 09, 2021

Oilfield services company Petrofac said Tuesday it has secured a Well Project Management contract in Australia with the Thai oil firm PTTEP.Petrofac will provide all project manpower to enable the execution of plug and abandonment operations…

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China's Imports of Russian Oil Near Record High

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TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Energy Storage on O&G Platforms - A Safety Boost, too?

Energy Storage on O&G Platforms - A Safety Boost, too?

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

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