Offshore Asia News - page 2

Oil Spill Spotted Near Kazakh Oil Field in Caspian Sea

Apr 02, 2024

An ecological organization in Kazakhstan said on Tuesday that a large oil spill had been captured by satellite imagery in the northern Caspian Sea near Kazakhstan's giant Kashagan oil field.Galina Chernova of the Globus environmental organization posted on Facebook that a slick of around 7 sq km (2…

Japan’s Mitsubishi Invests in EIG’s LNG Unit MidOcean Energy

Apr 02, 2024

MidOcean Energy, a global liquefied natural gas (LNG) company formed and managed by EIG, has secured a strategic investment from Mitsubishi Corporation, set to accelerate its strategy to create a global ‘pure play’ integrated LNG company.The…

Petronas and JERA Team Up on Japan-Malaysia CCS Scheme

Apr 02, 2024

Malaysia’s state-owned energy company Petronas and Japan’s largest power generation company JERA have signed a joint study agreement to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain between Japan and Malaysia…

Chevron Charters Its First Hybrid Electric Bunker Tanker

Apr 01, 2024

Chevron has chartered its first hybrid electric bunker tanker from V-Bunkers that will be used to provide fuel to maritime customers in Singapore region.The bunker tanker is expected to consume approximately 20% less fuel compared to a conventional tanker as it goes about its operations…

Petronas Starts Construction of Malaysia's First Nearshore FLNG Facility

Apr 01, 2024

Malaysia’s state-owned energy company Petronas has started the construction of its nearshore floating liquefied natural gas (FLNG) unit, set to become Malaysia’s first such facility once in operation.A steel cutting ceremony for the nearshore…

Chuditch-2 Appraisal Well Surveys in Full Swing Offshore Timor-Leste

Mar 29, 2024

SundaGas Banda Unipessoal, a subsidiary of UK-based oil and gas company Baron Oil, has completed geophysical site surveys at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste, and is planning to start a new one next month…

Mitsui to Develop Vietnam Gas Field for $740 Million

Mar 29, 2024

Japanese trading house Mitsui & Co said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million.The project, 330 km (205 miles) off southwest Vietnam…

PTTEP Hires McDermott for Gas Job Offshore Malaysia

Mar 27, 2024

McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…

First Production Starts at ADNOC’s Belbazem Offshore Block

Mar 27, 2024

Abu Dhabi's national oil firm ADNOC has announced the start of crude oil production from its Belbazem offshore block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petroleum Corporation (CNPC).Located 120 kilometers northwest of Abu Dhabi city…

Strategic Marine to Build CTV for Polish Offshore Wind Industry

Mar 27, 2024

LOTOS Petrobaltic, an ORLEN Group company, signed a contract for the construction of a Crew Transfer Vessel (CTV) with Singapore-based Strategic Marine, set for service in the Polish offshore wind market.The StratCat 27 CTV is scheduled to be completed this summer…

Nebula Energy’s AG&P LNG Secures 20-Year LNG Terminal Deal in Indonesia

Mar 26, 2024

AG&P LNG, majority-owned by Nebula Energy, has through its subsidiary PT AGP Indonesia Utama and partners secured a 20-year contract from PLN Energi Primer Indonesia (PLN EPI) for co-development, ownership and operations of LNG import terminals in Sulawesi-Maluku Power Cluster…

Petronas Books Three Velesto’s Jack-Up Rigs

Mar 26, 2024

Petronas Carigali (PCSB), a subsidiary of Malaysian state-owned energy company Petronas, has booked three jack-up rigs from Velesto for drilling operations off the coast of Malaysia.The contract with Petrobras is for three Velesto’s jack-ups – Naga 2…

Blue Water Gets Yinson’s Contract for Agogo FPSO Modules Transportation

Mar 26, 2024

Blue Water has secured a substantial logistics contract with Yinson Production to oversee the transportation of the topside modules for the Agogo FPSO, which will be deployed on Azule Energy’s development offshore Angola.The Agogo floating storage…

Japan Chooses Consortium for Offshore Wind Farm in Akita

Mar 22, 2024

The Japanese government said on Friday it had selected a consortium comprising Japan Renewable Energy, Iberdrola Renewables and Tohoku Electric Power as the wind power operator for an offshore block tendered in a second round of public auctions…

MAN Energy Solutions Lands Major Order for MODEC’s New FPSO

Mar 20, 2024

MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil.The order’s substantial…

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