Australian oil and gas company Santos, the operator of the Bayu-Undan field in the Timor Sea, off Timor Leste, has reached a Final Investment Decision for the US$235 million Phase 3C infill drilling program at the offshore field.The program…
Malaysia's Petronas said on Monday force majeure had been declared at its Miri and Cendor crude oil terminals in the final quarter of 2020.Petronas declared force majeure at its Miri crude oil terminal on Oct. 29 as a result of the MV Dayang Topaz vessel collision on Oct…
Chinese state-owned China National Offshore Oil Corp (CNOOC) has led the first group purchasing order for liquefied natural gas (LNG) on the Shanghai Petroleum and Natural Gas Exchange, the bourse said in a statement on Wednesday.The 120,000…
A former Malaysian employee of Norway's largest oil services company Aker Solutions has sued the firm, saying it tried to stop her from speaking to authorities about its business practices, an accusation the company denies.Seetha Kumarasamy…
Offshore seismic survey contractor Polarcus has said it has been awarded a letter of award for a survey in Asia Pacific.The seismic survey vessel owner said Wednesday that the letter of award entailed the provision of 3D seismic data acquisition services in the Asia Pacific region…
Japan laid out a “green growth strategy” last Friday that includes a goal to replace new gasoline-powered vehicles with electric cars by the mid-2030s to reach net-zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050…
BP's closely watched Ironbark exploration well offshore W. Australia, which partners had hoped could unearth 15tcf of gas, has not encountered hydrocarbons, not in significant volume anyway.Beach Energy, BP's partner in the project, said Tuesday that the well had been drilled to a total depth of 5…
Danish offshore wind developer Ørsted has agreed to sell a 50 percent stake in its 605 MW Greater Changhua 1 offshore wind farm in Taiwan to a consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE…
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore's KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.Prime Minister Hun Sen…
China's ZPMC has launched the Ulstein-designed JSD 6000 deepwater heavy-lift pipelay vessel at its facilities at Qidong. According to information shared by Ulstein via social media, the JSD 6000 was launched Sunday, December 27. The dynamically-positioned ‘JSD 6000’ is will feature heavy lift…
Australian offshore vessel operator MMA Offshore has recently secured two new contracts for its Multi-Purpose Support Vessel the MMA Privilege.The first contract is for the provision of accommodation and walk-to-work services to support FPSO shutdown operations in Côte d'Ivoire…
Australian oil and gas company Santos has been granted an offshore exploration license in Northern Carnarvon Basin, offshore W. Australia.The Exploration Permit WA-546-P was granted by National Offshore Petroleum Titles Administrator (NOPTA) earlier this week…
China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said…
Malaysia's Dayang Enterprise has secured a contract extension from Shell for the provision of topside maintenance services in Malaysia.The company has signed contract extensions with Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Company Limited…
Wison Offshore and Marine's standardized 1.3MTPA and 3.0MTPA floating liquefied natural gas (FLNG) designs have received Approval in Principle from the American Bureau of Shipping (ABS).ABS Vice President, Global Gas Solutions, Patrick Janssens…
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