Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…
Japan's Mitsui OSK Lines (MOL) said on Wednesday it had signed a long-term charter contract with the new Russian operator of the Sakhalin-2 liquefied natural gas (LNG) project for LNG carrier Grand Mereya to continue its shipping service.Russian…
Exxon Mobil XOM.N is working with its partners on the U.S. company's exit from the Sakhalin-1 oilfield in eastern Russia, its head of upstream operations said on Tuesday. Production from the giant field, which Exxon operates and in which it owns a 30% stake…
Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters.The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area…
Aberdeen-basead ADC Energy has, through its local partner in Malaysia, Onyx, secured a three-year contract to deliver its rig integrity and inspection services to Petronas Carigali, a subsidiary of Petronas.The scope of work ADC Energy will…
Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…
;Japan's industry ministry said on Friday it has designated three 'promotion areas' off the coast of Nagasaki, Niigata and Akita prefectures for developing offshore wind farms, while selecting five 'promising areas' and 11 'potentially suitable areas'…
Samsung Heavy Industries (SHI) has signed a 'Strategic Collaboration Agreement' with Equinor, Norway's largest energy company, to strengthen its competitiveness in the offshore EPC business.According to SHI, the two companies have recognized…
Singapore's Keppel Offshore & Marine has won a $2.8 billion contract with Brazil's Petrobras for the construction of a large FPSO for deployment at the Buzios field offshore Brazil.Scheduled for delivery in 1H 2027, the P-83 is a repeat order of the P-80 FPSO that Keppel O&M secured in August 2022…
Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…
Taiya Renewable Energy on Tuesday announced a joint development of a floating offshore wind pipeline including a 50 MW floating wind pilot-project and commercial-scale projects offshore Taiwan with floating wind specialist BW Ideol.'This cooperation…
Uniwise Offshore, a Thailand-based offshore support vessel (OSV) company, has boosted cyber-security standards across its OSV fleet by adopting technology from Inmarsat, a mobile satellite communications specialist.'With reliable connectivity delivered by Inmarsat’s Fleet Xpress…
South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd signed a tentative agreement on Monday for Hanwha Group to invest 2 trillion won ($1.4 billion) in return for a 49.3% stake and management rights in the shipbuilder, the companies and Daewoo's major stakeholder said…
India's state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil's national oil company Petrobras PETR4.SA to help it diversify its crude oil sourcing.Indian state refiners rarely buy Brazilian oil. The Memorandum…