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Oil and Gas Regions news - page 47

 

Vietnam to More Than Double Power Generation by 2030, Lower Offshore Wind Target

May 05, 2023

Vietnam aims to more than double its power generation capacity by 2030, but has slightly lowered its target for offshore wind and will heavily rely on coal until the end of the decade, according to a government document seen by Reuters.Total…

Greater Sunrise Offshore Gas Project Decision Expected by November, Timor Gap CEO Says

May 04, 2023

The head of East Timor's national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.Production at the new field could start around 2030…

How Will China's Clampdown on Mislabelled Cargoes Affect Sanctioned Oil?

May 04, 2023

Chinese customs authorities are stepping up inspection checks on cargoes of heavy crude oil after uncovering several Iranian shipments that were mislabelled as diluted bitumen in an effort to bypass import quotas.The checks, begun a month ago…

Second Oil Tanker in a Week Seized by Iran in Gulf - U.S. Navy

May 03, 2023

A second oil tanker in a week was seized by Iran on Wednesday in Gulf waters, the U.S. Navy said, the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019.The Bahrain-based Fifth Fleet of the U…

MISC Unveils 'Green' FPSO Design

May 03, 2023

MISC, a Malaysian provider of offshore energy solutions and facilities, on Tuesday unveiled what it called a 'future-ready Newbuild Floating Production Storage & Offloading (NBFPSO) Unit' at OTC Houston 2023. 'It is the world’s first NBFPSO…

Singapore Ammonia Bunkering Gets Reality Check from Port Authority, Industry

May 02, 2023

Top global ship fuelling hub Singapore is unlikely to be ready for ammonia bunkering by the end of this year, Singapore's Maritime and Port Authority (MPA) said, while industry players have also raised concerns about feasibility. The port authority's…

Woodside Directors Re-elected Despite Climate Strategy Concerns

Apr 28, 2023

Woodside Energy Group Ltd's WDS.AX shareholders on Friday supported its management pay report and re-election of directors despite a strong push by activist groups and some smaller investors upset over its climate report to reject the plans…

Pertamina Hulu Energi Plans $1.4B Indonesian IPO with June Debut - Sources

Apr 28, 2023

The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, plans to debut on the local bourse in June, after raising at least 20 trillion rupiah ($1.36 billion), two sources with direct knowledge of the matter told Reuters…

Singapore's First Ammonia Ship-to-ship Transfer Targeted By 2023-end

Apr 27, 2023

Singapore's first ship-to-ship transfer for ammonia could take place by end-2023, the Global Centre for Maritime Decarbonisation (GCMD) said on Thursday, as the city-state prepared to introduce new fuels for ships.Ammonia is one of several fuels…

CIMC Delivers Jack-up Rig to COSL

Apr 27, 2023

Chinese drilling rig builder CIMC Raffles has delivered the Wan Zuan 3 jack-up rig for operation by COSL in China.The Wan Zuan 3 jack-up drilling rig of F&G SUPER M2 design can operate in a water depth of 300 ft and drill to a depth of 30,000 ft…

Ranhill Worley Scores $50M Engineering Design Contract with Saipem

Apr 26, 2023

Ranhill Worley has secured a $50 million contract with Saipem's subsidiary Servizi Energia Italia to perform detailed engineering design for two compression complexes associated with the North Field Production Sustainability (“NFPS”) Offshore Compression Complexes Project in Qatar…

Bumi Armada Sells Armada Claire FPSO

Apr 26, 2023

Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…

LR Grants AIP for Ammonia FSRU

Apr 25, 2023

A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…

Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Tankers Face Delays at China's Shandong as Customs Hold Up Mislabelled Cargoes

Apr 21, 2023

Tankers delivering to ports in China's Shandong province are facing delays discharging their oil due to orders for tighter customs inspection checks after several Iranian cargoes were declared as diluted bitumen, traders said.Crude oil, unlike bitumen…

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

China Rolls Out 17MW Floating Wind Turbine Prototype

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