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PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers

Jan 17, 2022

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world's biggest ship refueling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday…

Offshore Oilfield Cluster Bohai Becomes China's Largest Oil Producer

Jan 11, 2022

China's offshore oilfield cluster Bohai, run by state-run CNOOC Ltd, has become the country's largest crude oil producer with output hitting 30.132 million tonnes (602,640 barrels per day) in 2021, state news agency Xinhua reported.Bohai field…

Eco Wave Power: First Floaters Arrive in Jaffa Port

Jan 05, 2022

The first set of floaters and supporting structures for Eco Wave Power’s grid-connected EWP-EDF One project have been delivered to the Jaffa Port project site in Israel, marking what EWP said was a key milestone in the development of the wave energy array…

Shipping Firm MOL Teams Up with Flotation Energy to Build Floating Wind Farms in Japan

Dec 03, 2021

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio…

Cheniere to Sell US LNG to China's Foran Group

Nov 29, 2021

U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said Wednesday its marketing arm agreed to sell LNG to a unit of Chinese natural gas distribution company Foran Energy Group Co Ltd for 20 years starting in January 2023.Analysts said…

Transocean Posts 3Q Loss. Says Market Conditions, Dayrates Improving

Nov 02, 2021

Offshore drilling company Transocean on Tuesday posted a third-quarter loss, but the CEO Jeremy Tighpen praised fleet performance, improving market conditions, and rising dayrates.Swiss-based drilling contractor posted a third-quarter net loss of $130 million…

BP Signs 10-year Gas Sales Deal with China's Shenzhen Gas

Oct 21, 2021

BP has signed a sales and purchase agreement with a unit of China's Shenzhen Gas Group Co Ltd to supply piped natural gas for 10 years starting 2023, BP said in a statement on Wednesday.Under the agreement, BP will provide Shenzhen Sino-Benny LPG Co Ltd…

Offshore Seismic Vessel Utilization Hits Pre-pandemic Levels, Rystad Says

Sep 23, 2021

Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found.Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic…

'World Largest' Offshore Converter Station Debuts in China

Aug 09, 2021

The installation on what is reported to be the world’s largest offshore converter station is being hailed by China Classification Society (CCS) as ‘a significant milestone’ in the development of deep-water wind power. CCS provided authentication…

Petronas Exports LNG in ISO Tanks to China

Apr 26, 2021

Malaysia's Petroliam Nasional Bhd said on Monday that it has started exports of liquefied natural gas (LNG) in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.The country's export of LNG through ISO tanks…

Chevron, Hokkaido Gas Ink LNG Supply Deal

Apr 07, 2021

U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido…

Aberdeenshire-based ROV Firm Eyes Middle East Growth

Mar 31, 2021

Aberdeenshire-based ROV company HPR ROV has said it has signed an exclusive two-year agreement with Saudi-based Intelligent Energy Services (i-Energy).i-Energy will act as an exclusive agent for HPR ROV in the region, enabling the firm to offer its ROV systems to the Middle East marketplace…

Singapore: Pavilion Energy, Chevron Pen LNG Supply Deal

Feb 22, 2021

Singapore's Pavilion Energy Trading & Supply Pte Ltd said on Monday it signed a six-year sale and purchase agreement with Chevron Corp for about 0.5 million tonnes per year of LNG supplies from 2023.Pavilion Energy, owned by Singapore state-owned investment company Temasek Holdings…

Sapura Energy Says Brazilian JV Unaffected by Seadrill's Chapter 11 Filings

Feb 09, 2021

Malaysian offshore energy services firm Sapura Energy said that its Brazilian joint venture with Seadrill is not affected by Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia. Sapura Energy said it was responding to media…

Australia: North West Shelf Partners Execute 3rd Party Gas Processing Deals

Dec 23, 2020

Partners in Australia's North West Shelf (NWS) project have executed gas processing agreements for processing third-party gas through the NWS Project facilities.The agreements were signed with Woodside Burrup Pty Ltd (Woodside Burrup), in respect of gas from the Pluto fields…

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Berkshire supports Japanese trading houses and could hold them "forever"
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Bloomberg News reports that Adani representatives meet Trump officials to try and end US bribery.
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