Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow…
Fourteen people have died as a barge sank off India's west coast after a powerful cyclone barrelled into the country, authorities said on Wednesday, while Indian navy ships and aircraft scoured waters to locate scores of other missing personnel…
Ørsted, Japan Wind Development Co. (JWD), and Eurus Energy have joined forces to build offshore wind farms in Japan's Akita Prefecture.'The partnership combines market-leading strengths in global offshore wind with a strong local renewable development footprint…
Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.The company has been…
ONGC, an Indian oil and gas company, said on Tuesday that cyclone Tauktae, which struck the Arabian Sea off the coast of Mumbai in the early hours of May 17, had impacted three of its barges and one of its drillships, causing them to lose their anchors and drift away…
Offshore wind turbine maker GE Renewable Energy has signed a deal with Japan's Toshiba Energy Systems to localize crucial manufacturing phases of GE's giant 12-14 MW Haliade-X offshore wind turbine and to support the turbine's commercialization in Japan…
Offshore services provider Global Maritime has won a contract with offshore wind developer Ørsted in Taiwan.Global Maritime Singapore will provide of Marine Warranty Services from Orsted Taiwan Limited, in support of the Greater Changhua 1 & 2a Offshore Wind Farms WTG installation scope of work…
Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2021 by 40% on Thursday thanks to higher than expected oil prices but left its capital expenditure plans unchanged so it can repay more debt.Inpex is now forecasting a net profit of 140 billion yen ($1…
Indian offshore drilling rig owner Aban Offshore has resumed operations at its Aban IV jack-up drilling rig following a suspension due to a Covid-19 outbreak.Aban Offshore had suspended operations on the 1983-built, 2011-refurbished offshore drilling rig in the first week of May…
Malaysia's Dayang Enterprise has won a contract with Shell's Malaysian subsidiaries for the provision of topside maintenance services offshore Malaysia.Dayang said Monday that the contract value would depend on orders issued by Shell throughout the contract duration…
Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull.In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion…
Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…
Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand.Valaris said Monday that the oil and gas company Mubadala Petroleum had extended the jack-up rig charter by around 240 days…
Indian oil and gas company ONGC has chartered a jack-up drilling rig from the Indian offshore drilling contractor Jindal Drilling & Industries.Jindal said this week that the ONGC had sent a letter of award for the charter hire of the jack-up drilling unit Jindal Explorer…
South Korean shipbuilder Hyundai Heavy Industries Co Ltd applied for preliminary approval for an initial public offering, Korea Exchange said on Thursday.The company, currently wholly owned by Korea Shipbuilding & Offshore Engineering, was separated from Korea Shipbuilding in 2019…