Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…
Brent oil prices fell on Tuesday as fears that a global economic slowdown would reduce fuel demand prompted investors to take profits on the previous day's gains. Traders are awaiting the minutes of the latest Federal Reserve meeting, due on Wednesday…
Japanese firms Mitsui O.S.K. Lines and MOL Marine & Engineering Co (MOLMEC) have been granted basic approval from ClassNK for two new training courses related to offshore wind power generation. The courses, for power cable laying and anchor handling training…
Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential…
An Australian court on Tuesday overturned a controversial decision by the previous prime minister to block a gas exploration project off the country's east coast, opening the door for the project to be reconsidered.The Federal Court quashed…
Siemens Gamesa and the Japanese shipping and logistics company NYK have signed a time charter contract for a crew transfer vessel (CTV) that will be used at an offshore wind farm in Japan.The CTV will be owned by NYK and managed by Hokkaido-based Hokuyo Kaiun Co…
Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters…
Floating wind technology firm Hexicon has partnered up with IX Wind to provide services for the development and construction of a 1,300+ MW floating offshore wind project in Taiwan. The partnership will offer project management, consultancy and engineering services to the project…
Japanese oil refiners may buy Russian crude from the Sakhalin-2 oil and gas project, if needed, to secure a stable supply of liquefied natural gas (LNG), the president of the Petroleum Association of Japan (PAJ) said on Wednesday. But Russian oil…
Longboat Energy, an oil and gas company so far mostly focused on offshore oil and gas operations offshore Norway, is expanding internationally with the recent award of an offshore exploration block in Malaysia.Longboat said Wednesday it had won a Production Sharing Contract (“PSC”) for Block 2A…
The Australian offshore oil and gas safety regulator NOPSEMA has accepted Santos' Offshore Project Proposal (OPP) relating to the Dorado project, one of the largest ever oil discoveries in Australia’s North Western Shelf.'Acceptance of the OPP…
Japan's biggest power generator JERA plans to sell its stake in a yet-to-be-built offshore wind project in Taiwan, Nikkei reported late on Friday, on concerns about high construction costs and low profitability.JERA plans to sell its 44% stake…
Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has secured a contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) to build and install five platforms and pipelines, and for host tie-in works in the Malaysia-Thailand Joint Development Area (MTJDA)…
Japan Drilling Co., Ltd. (JDC), a Japanese offshore drilling company, has won a contract to drill in Thailand.The contract, signed with Medco Energi, will see JDC provide the jack-up drilling rig 'HAKURYU-11' for work at the Bualuang field…
Vietnam is in talks with Singapore's Sembcorp to build a submarine power transmission line between the two countries, the Vietnamese government said on Friday. The announcement was made after a meeting between Prime Minister Pham Minh Chinh…
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