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Oil and Gas Regions news - page 30

 

Perdana to Supply Accommodation Work Barge to Petronas Carigali

Mar 28, 2023

Malaysian oil and gas company Petronas Carigali has awarded a work order to Perdana Nautika, a subsidiary of Perdana Petroleum, for the supply of an accommodation work barge.The contract started on March 20, 2023, and is for up to two 229 days from the start date…

Pertamina Confirms Deaths and Missing Crew Member in Oil Tanker Fire

Mar 27, 2023

Two crew members have died and one is missing after a fire broke out on an oil tanker carrying fuel to terminals on the Indonesian islands of Bali and Lombok, the state energy company Pertamina said in a statement late on Sunday.The chartered vessel…

China Plans to Use Renewable Energy to Help Boost Oil & Gas Production

Mar 23, 2023

China plans to use renewable energy sources such as wind and solar to provide onsite power for enhanced oil and gas recovery techniques, according to the National Energy Administration.Gas output could be increased by 3 billion cubic meters (bcm) through pressure-boosted mining techniques…

Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

Mar 22, 2023

Japan's top utility JERA has agreed to buy Belgium-based offshore wind energy producer Parkwind for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonization goals.JERA, a joint venture between Tokyo Electric…

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

Mar 21, 2023

Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy…

Chevron Suspends Production at Thai Oil Field after Fatal Accident

Mar 20, 2023

Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, U.S. oil giant Chevron Corp said in a statement on Monday.The announcement comes after an accident last…

Malaysia: Petra Energy Wins Work for Accommodation Workboat

Mar 17, 2023

Bursa Malaysia-listed Petra Energy has secured a contract with Petronas Carigali to provide accommodation workboat Petra Galaxy.The value of the contract is based on work orders issued by PCSB throughout the contract duration, Petra Energy said Friday…

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Mar 16, 2023

ASX-listed oil and gas company 3D Oil has completed the farmout of 80% interest and operatorship of VIC/P79 offshore block in Australia to ConocoPhillips, after the approval of the transfer of title documentation by the National Offshore Petroleum Titles Authority ('NOPTA')…

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship

Mar 16, 2023

Authorities in Thailand on Thursday were working to avert a leak from a storage vessel carrying 400,000 barrels of crude oil.One crew member was killed after seawater entered the hull of the Benchamas 2 when a seal malfunctioned during maintenance earlier this week…

DNV Supports KEPCO's Project to Bring Offshore Wind Power to South Korea

Mar 16, 2023

DNV said Thursday it was assisting Korea Electric Power Corporation (KEPCO) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshore wind power to South Korea. The project is scheduled for completion by mid-2025…

Shell Completes Sale of Baram Delta and SK307 Offshore Blocks to PSEP

Mar 15, 2023

Shell's Malaysian subsidiary Sarawak Shell Berhad has completed the previously announced sale of its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd. (“PSEP”)…

Philippine Firm Targets New Gas Wells, Solar Investment

Mar 15, 2023

Philippine holding firm Prime Infrastructure Capital Inc aims to put new wells at the country's only major natural gas project into commercial operation in 2026, and is seeking other fields to ensure long-term output, its CEO told Reuters on Wednesday…

Japan's Emerging Offshore Wind Market Attracting Norwegian Supply Chain and Developers

Mar 14, 2023

Offshore wind organizations Norwegian Offshore Wind in Norway and JWPA in Japan signed an MOU in Tokyo to get business going between the two countries' offshore wind companies. 'Both the Norwegian supply chain and developers are interested in the emerging Japanese market…

Malaysia's Petronas Posts Higher Q4 Profit, Sees Lower Oil Prices in 2023

Mar 13, 2023

Malaysia's state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy…

Wärtsilä Signs Five-year Vessel Maintenance Deal with Abu Dhabi's NPCC

Mar 13, 2023

Finland-based marine technology company Wärtsilä has signed a five-year vessel maintenance deal with Abu Dhabi-based firm National Petroleum Construction Company (NPCC).Wärtsilä said that the agreement covered seven vessels in the NPCC fleet and was designed to maximize operational uptime…

Current News

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Mubadala Energy Makes Second Major Gas Discovery in Indonesia

Mubadala Energy Makes Second Major Gas Discovery in Indonesia

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