Malaysia on Wednesday charged an official at Norway's largest oil services provider Aker Solutions, accusing him of using false documents to secure a license renewal, according to the company and a court charge sheet.Mohd Yusof Ab Rahman, 54…
Malaysian oil and gas company Hibiscus Petroleum has completed the acquisition of Repsol’s interests in oil and gas assets in Malaysia and Vietnam.The proposed agreement was first announced in June 2021, when the parties said that the purchase price would be $212…
Korea Floating Wind (“KF Wind”), a joint venture between Ocean Winds and Aker Offshore Wind, has secured its first Electric Business License (EBL) from South Korea's Ministry of Trade, Industry, and Energy for a capacity of 870MW.According to Aker Offshore Wind…
Dutch FPSO leasing company SBM Offshore has agreed to sell down a 45% stake in the FPSO Almirante Tamandaré, one of the world's largest FPSOs, being built for Brazil's Petrobras.'SBM Offshore is pleased to announce that it has entered into a…
Kuwait Foreign Petroleum Exploration Company (“KUFPEC”) said Sunday that its subsidiary KUFPEC Indonesia had made a commercial discovery of gas and condensate in the Anambas Block, offshore Indonesia. KUFPEC Indonesia made the discovery through the drilling of the Anambas-2X well…
Brazilian oil company Enauta has agreed to buy FPSO OSX-2 for the Definitive System (DS) of the Atlanta oil field in the Santos Basin, offshore Brazil.The completion of the acquisition is contingent on compliance with the agreed contractual…
Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…
Strategic Marine, a Singapore-based shipbuilder, has received an order for the construction of a 40-meter Fast Crew Boat from Blue Petra Sdn Bhd, a subsidiary of Great Ocean Supply & Services, based in Malaysia.Great Ocean is a licensed Petronas…
Oslo-listed FPSO owner BW Offshore has agreed to sell the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in consortium with PT Buana Lintas Lautan Tbk, a company publicly listed in Indonesia…
Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…
Oil majors TotalEnergies and Chevron Corp, partners in a major gas project in Myanmar, said on Friday they were withdrawing from the country, citing the worsening humanitarian situation following last year's coup.Shell, in its first public acknowledgment of the move…
Malaysian FPSO specialist and offshore support vessel owner Bumi Armada has decided to sell its icebreaking vessels operating in the Caspian Sea for Lukoil, in line with its plan to exit the offshore marine service business.Bumi Armada said…
Japan's biggest oil and gas explorer Inpex Corp will conduct exploratory offshore drilling off western Japan from March to July in the hope of finding natural gas, the company and a ministry of industry official said.The project, off the Yamaguchi and Shimane prefectures…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has said it has secured an order worth 656.1 billion KRW ($553,4 million) from Chevron to build an offshore facility for the Jansz-Io gas field development offshore Australia…
Malaysian geo-solutions provider HGIS has used their first uncrewed surface vehicle (USV), the 5.5 m M40P developed by OceanAlpha, to complete an entirely remote nearshore inspection of a subsea pipeline in TALI Field for their project with Brunei Shell Petroleum (BSP)…