Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025…
BlueFloat Energy and Dajin Heavy Industry have entered into strategic partnership with the signing of a memorandum of understanding (MoU) aimed at driving innovation and sustainability in the floating offshore wind industry.The collaboration…
TotalEnergies has secured a five-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034.Thanks to this agreement, TotalEnergies strengthens its long-term positions in the growing Chinese market…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has informed the production from its offshore oil and gas platforms remained unaffected by the typhoon Bebinca, the strongest typhoon to make landfall in Shanghai in the last 70 years…
Australia’s Woodside has signed a sale and purchase agreement (SPA) with Japan’s JERA for the long-term supply of liquefied natural gas (LNG) to Japan.Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis…
Japanese renewable energy company ENEOS Renewable Energy (ERE) has become a partner in the GoliatVIND project by acquiring a 20% stake in the floating wind farm from Odfjell Oceanwind.The new partnership on GoliatVIND is Source Galileo Norge (40%)…
Strohm, a thermoplastic composite pipe (TCP) company, has overseen the installation of its TCP Jumper technology at the deepwater Sabah project offshore Malaysia.Installed by contractor McDermott on behalf of an international operator, it is…
Turkish state energy company Botas has signed a 10-year agreement to import liquefied natural gas (LNG) from French oil major TotalEnergies beginning in 2027, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.The deal, which was…
Japan-based Toray Industries has secured type approval from the American Bureau of Shipping (ABS) for the vacuum-assisted resin transfer molding (VaRTM) process for in-situ ship repairs, developed jointly with MODEC.The technique entails applying…
Global onshore wind turbine orders hit 91.2 gigawatts (GWs) in the first half of the year, a 23% year-on-year rise, due to higher demand in the second quarter from China's northern region, Wood Mackenzie said in a report on Monday.China's wind…
Strategic Marine, in collaboration with Centus Marine, has unveiled Malaysia’s first hybrid Fast Crew Boat (FCB).The vessel is equipped with the latest hybrid technology and gyro-stabilization, marking a significant advancement in the region’s maritime industry…
BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…
South Korean conglomerate Hanhwa Group has offered to acquire all of the shares it does not own in Singapore's Dyna-Mac Holdings, valuing the offshore oil and gas contractor at S$669.2 million ($513.90 million).Hanhwa's units Hanhwa Aerospace and Hanwha Ocean already own a 25…
The Abu Dhabi National Oil Company (ADNOC) has signed long-term liquefied natural gas (LNG) supply agreement with Indian Oil for the delivery of delivery of 1 million metric tonnes per annum (mmtpa) of LNG, to be primarily sourced from the Ruwais project…
Prime Energy Resources Development, a subsidiary of Prime Infrastructure Capital, has awarded a $180 million contract to Allseas for the installation of essential pipeline and umbilical infrastructure as part of Malampaya Life Extension Project…