Offshore Asia News - page 74


T7 Global Wins Offshore Decom and Headhunting Jobs from Hibiscus, PTTEP

Jan 25, 2023

Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…

PTTEP Taps Honeywell for CCS Project Offshore Thailand

Jan 20, 2023

Thai oil and gas company PTTEP has hired Honeywell as the carbon capture technology provider for the Arthit Carbon Capture and Storage Project in the Arthit Gas Field in the Gulf of Thailand. Honeywell said its Separex Membrane Technology will…

Taiwan: Taiya Renewable Energy to Join Floating Wind Demonstration and 3-2 Zonal Development in 2023

Jan 19, 2023

Taiya Renewable Energy (TRE), an offshore wind power developer in Taiwan, said Thursday it would bid for the second phase of wind power zonal development and floating demonstration project in 2023.Taiya has invited local and foreign investors…

SLB Wins Russia Business as Oilfield Rivals Exit after Ukraine Invasion

Jan 19, 2023

Following Moscow's invasion of Ukraine, world's largest oilfield firm SLB has boosted its business in Russia by cherry-picking service and equipment contracts from rivals who left, according to company documents and people familiar with its operations…

IEA's Birol Expects Tighter Energy Markets in 2023

Jan 19, 2023

International Energy Agency (IEA) head Fatih Birol said on Thursday that energy markets could be tighter in 2023, adding he hoped prices would not rise further in order to ease the pressure on energy-importing developing countries.'I wouldn't be too relaxed about the markets…

Fugro Wins Survey Deal for Gas Field Project Offshore Brunei

Jan 18, 2023

Dutch offshore survey firm Fugro said Wednesday it had received a 'sizeable' contract from Petronas Carigali Brunei, for the Kelidang Cluster gas field development project.Under the contract, Fugro will carry out various site characterization…

Indonesia's 2022 Oil, Gas Lifting Below Target, but Investment Rising

Jan 18, 2023

Indonesia's oil and gas lifting last year came in below target due to unplanned shutdowns and maturing blocks, but exploration and production investment is poised to take off, the country's upstream regulator SKK Migas said on Wednesday.Indonesia's crude oil lifting stood at 612…

China Faces Wind Turbine and Foundation Installation Vessel Shortage

Jan 17, 2023

Over the last few weeks, we have seen three announcements by Chinese OEMs of 18-megawatt (MW) turbines. CSSC Haizhuang announced the H260-18MW turbine with a 260-meter rotor diameter. Mingyang Smart Energy has announced its new MySE 18X-28X turbine…

Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake

Jan 17, 2023

Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi liquefied natural gas (LNG) project with the country's upstream oil and gas regulator, officials said on Tuesday. Indonesia has been seeking an…

Indonesia Dispatches Warship to Monitor Chinese Coast Guard Vessel Near Offshore Fields

Jan 16, 2023

Indonesia has deployed a warship to its North Natuna Sea to monitor a Chinese coast guard vessel that has been active in a resource-rich maritime area, the country's naval chief said on Saturday of an area that both countries claim as their own…

Tidal Energy Firm Minesto Tapped for Site Development Services in Asia

Jan 13, 2023

Tidal energy technology company Minesto said Friday it had received its first historic sales order for site development services,.The order includes Minesto's Dragon Class tidal energy powerplants and comes from an unnamed 'major corporation in the  Asian offshore energy sector…

Marco Polo Marine Partners Up with S. Korean Firms for Offshore Wind Work

Jan 13, 2023

Marco Polo Marine, a Singapore-listed offshore vessel company, has entered the South Korean market with a 'landmark' Memorandum of Understanding signed with South Korean companies Namsung Shipping Co., Ltd. and HA Energy Co., Ltd. (“HA-E”).Under the MoU…

Mingyang Unveils Powerful Offshore Wind Turbine with 'Beyond 18MW' Capacity

Jan 13, 2023

China's Mingyang Smart Energy on Friday announced the launch of next flagship offshore wind turbine – the MySE 18.X-28X - 'going beyond the 18MW threshold.' This means that, at the time of writing, this is the most powerful offshore wind turbine announced so far…

Kawasaki's AUV Used to Inspect Coating Defects on Subsea Pipeline

Jan 13, 2023

Japan's Kawasaki Heavy Industries said Thursday it had, with French energy supermajor TotalEnergies,  completed its joint offshore verification test measuring the electrical potential of subsea pipelines during close-range inspections using an AUV (Autonomous Underwater Vehicle)…

Sri Lanka to Open 900 Offshore Blocks for Oil and Gas Exploration

Jan 12, 2023

Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring in vital investments to the crisis-hit country, a top official told Reuters on Thursday…

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