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Oil and Gas Regions news - page 147

 

Tekmar Group Nets Middle East Orders

Aug 21, 2020

Tekmar Group has informed that its subsidiaries have won 'multiple contracts' to supply subsea asset protection and stabilization technologies in the Middle East.Tekmar did not say who the clients were, describing them just as 'energy companies and tier one contractors in the Middle East…

Santos Cautious on Pandemic Recovery, Hangs On to Cash

Aug 20, 2020

Australia's No. 2 independent gas producer Santos Ltd paid out a weaker than expected half-year dividend amid uncertainty over a recovery from the coronavirus pandemic, as the oil market slump halved its first-half underlying profit.Disappointed investors sent its shares down more than 5%…

Keppel: Converted FLNGs Have Smaller Carbon Footprint Compared to Newly Built Units

Aug 20, 2020

Singapore's Keppel Offshore & Marine has said that converted FLNG vessels save approximately 33% of greenhouse gas (GHG) emissions compared to an FLNG new build, citing a study by environmental consultants, Environmental Resources Management (ERM)…

Shearwater in Its First Ever Seismic Survey Offshore Vietnam

Aug 20, 2020

Norway-based seismic surveyor Shearwater GeoServices has won its first-ever contract in Vietnam.Under the contract signed with operator SK Innovation, Shearwater will be responsible for a towed streamer 3D acquisition over the offshore Block 16-2…

CNOOC 1H Profit Slumps on Virus-hit Demand, Low Oil Prices

Aug 19, 2020

China's national offshore oil and gas producer CNOOC Ltd said first-half profit slumped by nearly two-thirds to the lowest since December 2017, as the coronavirus pandemic battered energy demand and sent oil prices to historical lows.The listed…

PTTEP Taps Halliburton for Offshore Production Optimization Services

Aug 19, 2020

Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…

Rosneft Restarts Kara Sea Drilling After Sanctions Pause

Aug 18, 2020

Russia's largest oil producer Rosneft has started drilling on two wells in the Kara Sea in the Russian Arctic, its Chief Executive Igor Sechin said on Tuesday.It is the company's first project in the Kara Sea since it was forced to suspend a joint venture project in the area with U…

Lundin Energy Appoints New CEO

Aug 18, 2020

Lundin Energy, a Swedish energy company with offshore oil and gas operations in Norway, on Tuesday said it had appointed Nick Walker as President and Chief Executive Officer (CEO).The appointment of Walker, which will become effective on January 1…

BHP to Sell Stake in Exxon-led Bass Strait Joint Venture

Aug 18, 2020

BHP Group said on Tuesday it plans to sell its 50% stake in the Australian Bass Strait oil and gas venture as it seeks to focus on its higher-value petroleum assets.The Bass Strait joint venture is co-owned and operated by Exxon Mobil Corp, which has also put its 50% stake up for sale…

Dayang to Maintain Shell's Platform Topsides in Malaysia

Aug 18, 2020

Bursa Malaysia-listed offshore services company Dayang has won a contract with Shell in Malaysia for the provision of 'topside major maintenance services.'Dayang will provide the services for Shell's Malaysian subsidiaries Sarawak Shell and Sabah Shell Petroleum…

Australia's North West Shelf LNG: Key Terms Agreed for Third-party Gas Processing

Aug 17, 2020

Australia's North West Shelf LNG venture has agreed key terms for processing third-party gas from the Pluto and Waitsia gas projects, operator Woodside Petroleum said on Monday.Gas from Woodside's Pluto project could start going into the North…

Beach Energy, Diamond Offshore Settle Dispute over Ocean Onyx Rig Deal. Sign New Contract

Aug 17, 2020

Australian oil company Beach Energy has signed a new contract with drilling company Diamond Offshore for the use of the Ocean Onyx semi-submersible drilling rig.The news comes after Beach in April terminated the previously signed contract for the rig…

Malaysia's MISC Signs LoI for Mero 3 FPSO Delivery

Aug 17, 2020

Brazilian oil company Petrobras has signed a letter of intent with Malaysia's MISC Berhad for the chartering and services of an FPSO to be deployed at the Mero 3 development offshore Brazil.The FPSO to be named Marechal Duque de Caxias will be installed in the Mero field…

KrisEnergy Charters Jack-Up Rig for Apsara Drilling. Platform to Sail Away Soon

Aug 14, 2020

Singapore-based KrisEnergy has signed a letter of award with Vietnam's PV Drilling for PVD III jack-up drilling rig. The 2009-built rig will be used to drill five development wells at KrisEnergy's Apsara Mini-Phase 1A development offshore Cambodia…

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Aug 14, 2020

Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million…

Current News

ADNOC’s XRG Partnres Up with Petronas for Offshore Gas Block in Caspian Sea

ADNOC’s XRG Partnres Up with Petronas for Offshore Gas Block in Caspian Sea

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

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