The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has left the shipyard in China and is currently on its way to Brazil, to be deployed at Petrobras’ Jubarte field, located in the Campos Basin…
India's cabinet has approved funding program for offshore wind energy projects at a total cost of 74.52 billion rupees ($893.60 million), the government said in a statement on Wednesday.India, one of the world's biggest emitters of greenhouse gases…
Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector…
CSBC-DEME Wind Engineering (CDWE), a joint venture set up by Belgian DEME and Taiwanese shipbuilder CSBC, has secured a contract from Copenhagen Infrastructure Partners (CIP) for transport and installation of foundations for 500 MW Fengmiao 1 offshore wind farm in Taiwan…
Norway-based company Deep Wind Offshore has joined forces with the Korean Jeollanam-do province and leading maritime universities in Norway and South Korea, to develop and strengthen the offshore wind workforce.Deep Wind Offshore has initiated…
Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is…
Japan, a major coal and liquefied natural gas (LNG) buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with storage batteries, said Jarand Rystad, chief executive of the Rystad Energy consultancy…
TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for $259 million.The transaction is expected to close in the fourth quarter 2024…
Singaporean shipbuilder Strategic Marine has signed a memorandum of understanding (MoU) with Mainprize Offshore for the delivery of six new Supa Swath crew transfer vessels (CTVs) with options for six additional ones.Following the recent successful…
German oil and gas company Wintershall Dea has sold its 10% interest in Abu Dhabi's Ghasha Concession to Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) as part of its exit strategy from the United Arab Emirates, ahead of announced business combination with Harbour Energy…
Singapore's Temasek Holdings is finalizing the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming days, two sources with knowledge of the matter said.The deal will provide Shell…
Canada-based oil and gas company Valeura Energy has completed the acquisition of the floating storage and offloading (FSO) vessel Aurora, which is already on location at its Nong Yao field, in the Gulf of Thailand.The acquisition was the result…
Singaporean shipbuilder Strategic Marine has signed a contract with Venus Marine for the construction of four Crew Transfer Vessels (CTVs) for operations in Europe and Taiwan.This project is the result of a collaborative effort with renowned design firm BMT Limited…
Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has completed the removal of two monopiles on the Yunlin offshore wind farm in Taiwan.The Jumbo Offshore crew carried out the work by deploying its DP2…
China’s state-run China National Offshore Oil Corporation (CNOOC) has made a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea.Lingshui 36-1 gas field is located in western South China Sea, with an average water depth of approximately 1…