Offshore Asia News


MOL and Gaz-System Sing Long-Term FSRU Charter for New Polish LNG Terminal

2 hours ago

Mitsui O.S.K. Lines (MOL) has signed a long-term time charter party agreement for one floating storage and regasification unit (FSRU) with the Polish gas transmission system operator Gaz-System, which is the developer and operator behind the future LNG terminal…

Fugro’s Self-Elevating Platform On Call for Japan’s Offshore Wind

Apr 23, 2024

Fugro has transferred its self-elevating platform (SEP) Amberjack to Japan to meet the country’s growing demand for offshore wind geotechnical services.Under Japanese regulations, vessels registered in Japan follow a more streamlined procedure…

Vestas and Maersk to Build Offshore Wind Logistics Base in South Korea

Apr 22, 2024

Vestas has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City to build an offshore wind hub in Mokpo City in the Jeonnam Province, South Korea.Under the MoU, the parties will work together with…

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Apr 22, 2024

TotalEnergies has signed an agreement with Sapura Upstream Assets to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV for a consideration of $530 million, subject to closing adjustments.This agreement follows a first agreement signed with OMV on January 31…

Türkiye Aims to Drill for Oil Off Somali Coast Next Year

Apr 19, 2024

Türkiye hopes to conduct a deep-sea oil drilling operation off the Somali coast in 2025, Energy Minister Alparslan Bayraktar said on Friday in an interview on broadcaster NTV.Türkiye and Somalia signed an offshore oil and natural gas cooperation deal last month…

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Apr 19, 2024

Prime Energy has informed that the Malampaya offshore gas field in the Philippines was able to deliver more than its export capacity as the grid of the country’s Luzon island was placed on red and yellow alerts.Prime Energy, operator of the Malampaya project…

Subsea7 Wraps Up Pipeline Replacement Work Offshore Brunei

Apr 19, 2024

Subsea7 has completed the Pipeline Replacement Project 8 (PRP-8) offshore Brunei for Brunei Shell Petroleum (BSP).PRP-8 is a turn-key project that involves engineering, procurement, installation, and commissioning (EPIC) of various sizes of flexible flowlines and risers…

Petrobras and China’s CNCEC to Collaborate on Oil and Gas, Renewables

Apr 18, 2024

Brazil’s state-run energy company Petrobras signed a memorandum of understanding (MoU) with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies and energy transition.The partnership also provides…

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Apr 18, 2024

SundaGas Banda Unipessoal, a wholly-owned subsidiary of UK oil and gas company Baron Oil, has selected a new location for the Chuditch-2 appraisal well offshore Timor-Leste.SundaGas has been conducting site survey work in the Timor Sea over…

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Apr 18, 2024

MHWirth, a subsidiary of Norwegian oil services investment firm Akastor, has received an arbitration award issued by a tribunal in a dispute with Seatrium’s subsidiary Jurong Shipyard over the termination of four drilling rig unit contracts…

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

Apr 17, 2024

India’s Oil and Natural Gas Corporation (ONGC) has awarded pre-FEED/FEED contract for Cluster-1 Development, located in Krishna Godavari (KG) Basin in the Bay of Bengal to Nauvata Energy Transition (NET Enterprise) and PERC Engineering.The contract encompasses concept study…

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Apr 17, 2024

BP, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has started oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.The ACE platform is the…

Pertamina Picks Vissim Oil Spill Detection System

Apr 17, 2024

Norwegian technology firm Vissim has secured a contract from Indonesian national energy company Pertamina to install a new marine surveillance system at its PAPA ONWJ oil platform in Indonesia.Norwegian technology company Vissim’s scope of supply is to deliver radar technology…

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Apr 17, 2024

Following a global contract procurement process, the Sunrise joint venture partners including Timor Gap, Woodside Energy and Osaka Gas Australia, have appointed Wood Australia on a Greater Sunrise concept study.The study will be led by Wood…

Current News

MOL and Gaz-System Sing Long-Term FSRU Charter for New Polish LNG Terminal

Ørsted Inaugurates Largest Offshore Wind Farms in Asia-Pacific

BW Ideol Presents Standard Floating Wind Foundation for Mass Production

KOIL Energy Lands Multi-Million-Dollar Subsea Deal

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