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Oil and Gas Regions news - page 117

 

BW Offshore Orders Barossa FPSO Topside Modules from Dyna-Mac

May 24, 2021

Dyna-Mac, a Singapore-based firm building modules for offshore oil and gas facilities, has won a module fabrication deal with FPSO supplier BW Offshore.The contract, valued at S$197 million (around $148 million), is for the supply, fabrication…

Australian Oil Firm Expands North Sea Acreage

May 21, 2021

Australian oil and gas company Finder Energy said Friday it had acquired two 'highly prospective' UK North Sea-operated licenses, P2502, and P2524, from Azinor Catalyst Limited.Perth-based firm said that the license P2502 was located on the western edge of the East Shetland Basin…

As Iran Eyes End of Oil Export Sanctions, will Former Asia Clients Buy?

May 21, 2021

As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again…

India Still Searching for Missing Offshore Workers Three Days after Barge Sinking

May 21, 2021

India's army and navy deployed ships and aircraft as they searched for 26 people still missing more than three days after a powerful cyclone sank a barge off the country's west coast, killing 49 people on board.Cyclone Tauktae, the most powerful storm to barrel into the west coast in two decades…

Indian Refiner Says will 'Definitely' Buy Iranian Crude if Sanctions Lifted

May 20, 2021

Indian Oil Corp, the country's top refiner, said on Thursday it would resume purchases of Iranian oil if Washington lifts sanctions against Tehran over its disputed nuclear program.The European Union official leading talks to revive Iran's nuclear…

The Philippines: Shell to Sell Malampaya Field Stake to Udenna for up to $460M

May 20, 2021

Oil and gas giant Shell has struck a deal to sell its subsidiary Shell Philippines Exploration B.V. (SPEX) to Udenna Corp's subsidiary Malampaya Energy XP.SPEX holds a 45% operating interest in Service Contract 38 (SC38), which includes the producing Malampaya gas field…

Rescuers Searching for 49 Missing after Cyclone Sinks Oilfield Barge Offshore India

May 20, 2021

Naval vessels and aircraft scoured the waters off India's west coast late on Wednesday after the most powerful cyclone in more than two decades battered the region, sinking an oilfield accommodation barge and killing 26 aboard, authorities said…

Australia's Offshore Decommissioning Levy Arbitrary and Disappointing, ExxonMobil, Chevron Say

May 20, 2021

U.S. oil majors Exxon Mobil Corp and Chevron Corp on Thursday branded Australia's proposed industry-wide levy to cover the cost of decommissioning an offshore oil field, which neither has had any stake in, as 'arbitrary' and 'disappointing'…

Bumi Armada, Shapoorji Pallonji JV to Set Up FSRU in Mumbai Harbour

May 19, 2021

Through a joint venture firm with Shapoorji Pallonji, Malaysian floating production vessel company Bumi Armada has struck a deal to set up and operate a floating storage regasification unit (FSRU) in Mumbai Harbour.SP Armada Clean Energy Ventures Private Limited (SPACEVPL)…

Asia, Australia Snub IEA's Call to Halt new Fossil Fuel Investments

May 19, 2021

Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow…

Fourteen Die Offshore India After Barge Sinks as Cyclone Batters West Coast

May 19, 2021

Fourteen people have died as a barge sank off India's west coast after a powerful cyclone barrelled into the country, authorities said on Wednesday, while Indian navy ships and aircraft scoured waters to locate scores of other missing personnel…

Ørsted, JWD, Eurus Join Forces to Develop Offshore Wind Farms in Japan

May 19, 2021

Ørsted, Japan Wind Development Co. (JWD), and Eurus Energy have joined forces to build offshore wind farms in Japan's Akita Prefecture.'The partnership combines market-leading strengths in global offshore wind with a strong local renewable development footprint…

PTTEP Makes Another Gas Discovery Offshore Malaysia

May 19, 2021

Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.The company has been…

SEAJET Offers Its Excavation Tech to Offshore Industry through 'Own and operate' Model

May 18, 2021

Dubai-based SEAJET Systems has offered its controlled flow excavation (CFE) technology to the offshore energy industry through an 'own and operate' model.'Usually offered as a rental product, SEAJET identified an opportunity to provide a more cost-effective…

Cyclone Tauktae Hits ONGC Offshore Installations. Three Barges, Drillship Go Adrift

May 18, 2021

ONGC, an Indian oil and gas company, said on Tuesday that cyclone Tauktae, which struck the Arabian Sea off the coast of Mumbai in the early hours of May 17, had impacted three of its barges and one of its drillships, causing them to lose their anchors and drift away…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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