A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday.Japan, heavily reliant on energy imports…
EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has…
Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…
Equinor and partners have struck oil and gas in the Fram area, nine kilometers north of the Troll field in the North Sea.The discoveries were made in exploration well 35/11-31 S in production license 090, operated by Equinor with 45% working interest…
China National Offshore Oil Corp (CNOOC) has completed building an integrated refining and petrochemical complex in eastern China, state news agency Xinhua reported on Friday.The 21 billion yuan ($2.9 billion) project, built on the Daxie Island of eastern coastal city Ningbo…
Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…
Saipem has been awarded a FEED contract for the FPSO module of the Abadi LNG project, located in the Masela Block, Indonesia.The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED phase…
Japan’s Inpex Corporation has started Front End Engineering and Design (FEED) work for the onshore liquefied natural gas (LNG) plant component of the Abadi LNG project in Indonesia’s Masela Block.The start of the FEED phase for the onshore LNG…
Inpex Masela, a subsidiary of Japan’s Inpex and the operator of the Abadi liquefied natural gas (LNG) project in the Masela Block in Indonesia, has started Front End Engineering and Design (FEED) work for the scheme, with Saipem, Worley, Technip…
Nippon Steel signed a cooperation memorandum with Denmark's wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas' wind towers for European, Asian and Japanese markets, Japan's industry ministry said.The agreement was part of a broader push by Japan's Ministry of Economy…
Japan's industry and land ministers on Wednesday designated Matsumae and Hiyama, areas off the northern island of Hokkaido, as promotion zones for upcoming offshore wind power auctions, aiming to bolster the country's renewable energy goals…
Kongsberg Maritime has signed a development program framework agreement with Noble Corporation, marking a key step forward in the co-development of advanced marine technologies for the offshore drilling sector.The long-term strategic partnership will focus on the joint development…
Chubu Electric Power said on Tuesday its C-Tech unit is still reviewing the feasibility of domestic offshore wind projects with its partner and aims to complete the assessment around this summer.In 2021, Mitsubishi Corp, together with C-Tech…
Norwegian oil and gas company Pandion Energy has entered into an agreement to sell its participating interests in three assets comprising seven production licenses on the Norwegian Continental Shelf (NCS) to Inpex Idemitsu Norge, owned by Japan’s Inpex…
Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…