Offshore Asia News - page 86


Keppel O&M Wins $54.5 Million in Floating Production Contracts

Aug 01, 2022

Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU)…

CNOOC Finds Shale Oil in South China Sea Exploration Well

Jul 29, 2022

China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China, state media reported on Thursday.Exploration well Weiye-1…

Taiwan: Formosa 2 Offshore Wind Farm Delivers First Power to the Grid as 12 Turbines Installed

Jul 22, 2022

The Formosa 2 offshore wind project in Taiwan has reached two important construction milestones: the installation of 12 turbines and the successful transmission of power to the national grid.Once fully completed, the project will have 47 8 MW…

Petronas to Contribute $13.25B to Malaysian Gov't Coffers in 2022

Jul 22, 2022

Malaysia's state energy firm Petronas is forecast to contribute to government coffers as much as 59 billion ringgit ($13.25 billion) this year, a cabinet minister said in a statement to parliament published Friday.Petronas contributions are a significant source of revenue for the federal government…

CMIC to Deliver Liftboat Jacking Systems to CTW

Jul 21, 2022

Chinese companies CMIC and CTW (Tianjin) Offshore Engineering (CTW) on July 18 signed an agreement for strategic cooperation and supply of four liftboat jacking systems to CTW.'The strategic cooperation framework provides the basis of cooperation for the construction of liftboats…

TotalEnergies 'Definitely' Withdraws from Myanmar

Jul 20, 2022

French oil major TotalEnergies on Wednesday confirmed its definite withdrawal from Myanmar and repeated its condemnation of the abuses and human rights violations in the country.To remind, Total said earlier this year it would officially exit Myanmar oil and gas business in July…

Indonesia Offers Six Oil and Gas Blocks for Bidding

Jul 20, 2022

Indonesia is offering five exploration oil and gas working areas and one exploitation working area across the country in its first bidding round of this year, a senior energy official said on Wednesday.The oil and gas blocks have a total potential resources of 3…

Sembcorp Marine Bags Gas Topsides EPCI Deal

Jul 19, 2022

Singapore-based Sembcorp Marine said Monday it had secured an engineering, procurement, construction, and installation contract for a gas topsides project from a major energy company in Australia.Sembcorp Marine, which did not say who the client was…

Petronas says Taking Steps to Protect Global Assets after Seizure of Luxembourg Units

Jul 18, 2022

Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries were served with a seizure notice last week over a dispute with the heirs of a late sultan…

Indonesia Set to Miss 2022 Oil and Gas Lifting Targets

Jul 15, 2022

Indonesia's oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday…

Mubadala Petroleum Books Borr Drilling Jack-up Rig

Jul 15, 2022

Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…

CIP, Tokyu Land Corporation Partner Up to Build Offshore Wind Farm in Japan

Jul 14, 2022

Copenhagen Infrastructure Partners (CIP) and Tokyu Land Corporation (TLC) said Thursday they were teaming up to develop the Aomori South offshore wind project, located in northern Japan.The two companies have formed a new joint venture firm Aomori South Offshore Wind GK…

CRP Subsea to Deliver Cable Protection Systems for CFXD Offshore Wind Farm

Jul 13, 2022

Offshore wind installation services firm Seaway 7 has awarded CRP Subsea a contract to provide 140 NjordGuard cable protection systems and bellmouths for Changfang and Xidao (CFXD) offshore wind farms located off the west coast of Taiwan. The…

Anna Nery FPSO Leaves China Shipyard Ahead of Journey to Brazil

Jul 12, 2022

The Anna Nery FPSO, bound for Petrobras' Marlim offshore field in Brazil, last Friday left the Cosco Qidong shipyard in China, marking the start of its journey to Brazil.The FPSO, to be provided to Petrobras by Malaysian FPSO provider Yinson…

Harbour Energy's Offshore Well in Indonesia Hits 'Material Gas Accumulation'

Jul 11, 2022

Oil and gas company Harbour Energy has completed the drilling of the Timpan-1 exploration well located 150 kilometers offshore Indonesia, encountering 'a material gas accumulation.'The well, in a water depth of 4,245 feet (1293.8 meters). was drilled to a total vertical depth of 13…

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