Industry News


Natural Gas Exports from Indonesia to Vietnam Targeted for 2026

Dec 23, 2022

Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…

Solstad Offshore Secures $50,8M in Contracts for CSV Normand Maximus

Dec 23, 2022

Norwegian offshore vessel operator Solstad Offshore  said Friday it had  secured letters of awards from multiple unnamed subsea contractorsfor the hire of the construction support vessel Normand Maximus for the execution of projects during 2023…

Largest Shareholder of Hurricane Energy Seeks to Remove Top Management

Dec 23, 2022

Hurricane Energy's largest shareholder Crystal Amber Fund is calling for the removal of top management at the British company and the appointment of two directors from another firm that the fund says could invest in Hurricane.Hurricane put itself…

Italy's LNG Import Capacity and New Terminals

Dec 23, 2022

Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…

Samsung Heavy Industries Wins Offshore Facility Order Worth $1,5B

Dec 23, 2022

South Korean shipbuilder Samsung Heavy Industries said Thursday it had received an order for an offshore production facility from 'an Asian shipowner.' According to reports, the client is Petronas, and the order is for an FLNG unit.The contract amount is KRW 1…

Japan's First Utility-scale Offshore Wind Farm Starts Commercial Operations

Dec 22, 2022

Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…

Eni to Deploy FLNG Unit Offshore the Republic of Congo

Dec 22, 2022

Italian oil giant Eni has signed a contract with China's Wison Heavy Industry for the construction and installation of a floating liquefied natural gas (FLNG) unit with a capacity of 2.4 MTPA (million tons per annum). The FLNG will be deployed offshore the Republic of Congo…

ONGC Awards 3-year Contracts for Shelf Drilling Rig Duo

Dec 22, 2022

Jack-up rig leasing firm Shelf Drilling has secured three-year contracts for two of its offshore drilling rigs in India.The company said Thursday that the Indian national oil firm ONGC had awarded three-year deals for its Compact Driller and Key Singapore rigs…

Has Green Hydrogen Sprung a Leak?

Dec 22, 2022

The green hydrogen express is gathering pace, but it may have a worrying problem with leaks.As governments and energy companies line up big bets on the much-touted fuel of the future, some scientists say the lack of data on leaks and the potential…

CGG, TGS Win OBN Seismic Survey Work Offshore Norway

Dec 22, 2022

Seismic data acquisition and processing companies CGG and TGS have together secured a contract for the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Sleipner Area of the Norwegian Continental Shelf (NCS)…

Report: Output from Shell's Prelude FLNG Shut Again

Dec 22, 2022

Shell has stopped production at its Prelude floating LNG plant off Western Australia after a fire.A Shell spokesperson told Reuters on Thursday that the fire at the giant FLNG unit 'was rapidly extinguished.'The 488-meter-long, Shell-operated…

Lawsuit Launched to Stop Alaska Offshore Oil and Gas Auction

Dec 22, 2022

Environmental groups sued the Biden administration on Wednesday to block a sale of oil and gas drilling rights off the coast of Alaska that is scheduled for next week. The legal action, filed in federal court in Alaska, comes as the Interior…

Nigeria to Hold Bidding Round for 7 Offshore Oil Blocks in 2023

Dec 22, 2022

Nigeria plans to hold a mini-bid round for seven offshore blocks next year to spur new exploration, the petroleum regulator said on Wednesday, the first round after Africa's top oil exporter passed new fiscal regimes for its oil and gas sector…

Vattenfall: Norfolk Offshore Wind Zone's Capacity Expanded to More Than 4.2 GW

Dec 21, 2022

Swedish energy firm Vattenfall said Wednesday that the capacity for the Norfolk Offshore Wind Zone in the UK would be increased to more than 4.2 GW.Vattenfall said that the expansion would not have any extra impact on local residents, with the construction taking place within existing plans…

Petrobras Starts Production from Itapu Offshore Oil Field via P-71 FPSO

Dec 21, 2022

The Brazilian oil and gas company Petrobras has started oil production from the P-71 FPSO in the Itapu field, in the Santos Basin pre- salt area, 200 km offshore Rio de Janeiro. The P-71 FPSO can process up to 150,000 barrels of oil and 6 million m3 of gas per day…

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