Japanese oil company Cosmo has been awarded exploration concession for Offshore Block 4 in Abu Dhabi, ADNOC, the Abu Dhabi national oil firm said.Under the agreement, Cosmo will own a 100 percent stake in the exploration phase, investing up to $145 million towards exploration and appraisal drilling…
Malaysian oil firm Petronas and Thailand's PTTEP on Wednesday announced they'd made a large gas discovery at the Lang Lebah-2 well, offshore Sarawak, Malaysia.The well is located in Block SK410B, in the Central Luconia Province, about 80 kilometers off the coast of Sarawak…
Dutch heavy lift and transportation firm Jumbo has recently completed the transportation part of what is the company's largest-ever job - the Transportation and Installation contract for the Yunlin offshore wind farm in Taiwan.Jumbo said Tuesday it had mobilized its heavy lift vessels…
Malaysian offshore energy services firm Sapura Energy said that its Brazilian joint venture with Seadrill is not affected by Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia. Sapura Energy said it was responding to media…
China's offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project in the South China Sea, a state-owned media has reported…
Following reports that workers aboard Petronas' Yetagun oil platform off Myanmar were stranded due to a military coup in the country, the Malaysian oil firm said it was working to ensure the safety of those aboard.'Petronas is extending the…
Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first…
South Korean national oil company KNOC has booked the Maersk Viking drillship to drill one exploration well in Block 6-1 offshore South Korea.Maersk Drilling, the owner of the offshore drilling rig, said Monday the would begin in June 2021, in direct continuation of the rig’s previous work scope…
Guyana on Thursday abruptly terminated an agreement with Taiwan to open an office in the South American country, hours after China urged Georgetown to 'correct their mistake.'Taiwan's foreign ministry earlier on Thursday said it had signed an agreement with Guyana on Jan…
Oilfield services firm Petrofac has awarded Icon Offshore a contract for the supply of a jack-up drilling rig for drilling at the PM304 block offshore Malaysia.Under the contract, Icon Offshore, through its subsidiary Persiai Offshore, will supply the Perisai Pacific 101 jack-up drilling rig…
A consortium led by Singapore-based Keppel Shipyard Limited offered Brazil's Petrobras the lowest price to build a floating platform for Buzios, Latin America's second-largest oil field, three people close to the competition said.Keppel offered to build P-78…
Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…
UK-based project logistics management firm Trans Global Projects Group (TGP), has been awarded a contract for the transport of around 320,000 freight tons of offshore wind turbine components. The components will be used for two wind farm projects in Vietnam…
TMC has won a contract to supply the marine compressed air system to the Bacalhau FPSO that Japan's MODEC is building for Equinor. The deal is one of TMC's biggest ever orders.TMC will supply the FPSO’s complete compressed air system consisting of several large offshore screw compressors…