China's biggest offshore oil and gas producer, CNOOC Ltd, on Tuesday set its 2022 production target at 600 million-610 million barrels of oil equivalent (boe), 10% above last year's goal.The company targeted output of 545 million-555 million boe in 2021…
Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…
Norwegian marine seismic data company TGS on Monday announced a project designed to help drive exploration across the South Makassar and North East Java regions of Indonesia.The company said that processing has begun on the East Java Sea 2D-cubed project…
James Fisher Renewables, an offshore renewables industry service provider part of James Fisher and Sons, has appointed Maida Zahirovic as APAC regional vice president.With more than 11 years in the wind industry, Zahirovic joins JF Renewables…
Korean Energy Agency (KEA) has selected assurance provider DNV to deliver Type Certification services for the South Korean wind energy market. 'This new DNV service for the Korean market will result in a convenient and cost-effective process…
Singapore's Sembcorp Marine has completed the construction of three wellhead and riser topsides for TotalEnergies' Tyra West project in the Danish sector of the North Sea.The piece of news was shared by TotalEnergies' Tyra partner Noreco, which…
Petronas announced a new gas discovery off the coast of Malaysia.The Malaysian company said Friday that its Petronas Carigali Sdn Bhd (PCSB) subsidiary found gas at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow…
Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…
BW Ideol, a company specializing in floating offshore wind solutions has signed an investment agreement with Japan's JERA, and France's ADEME Investissement to create an investment company for financing the co-development of offshore wind projects…
Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…
Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam SonThe 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…
Cairn Oil & Gas, India’s largest private exploration and production company, said it has appointed former BP executive Martyn Smith as chief operating officer.Smith is joining Cairn with 35 years' experience in reservoir and petroleum engineering and subsurface geoscience disciplines…
Shelf Drilling announced it has secured contract extensions for a pair of jack-up drilling rigs with Chevron Thailand Exploration and Production, Ltd. for operations in the Gulf of Thailand.The extensions for the Shelf Drilling Chaophraya and…
China's oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a peak of about 780 million tonnes per year by 2030, a research institute affiliated with China National Petroleum Corp (CNPC) said on Sunday…
Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…