Offshore Asia News - page 2

Sembcorp Marine Bags Gas Topsides EPCI Deal

Jul 19, 2022

Singapore-based Sembcorp Marine said Monday it had secured an engineering, procurement, construction, and installation contract for a gas topsides project from a major energy company in Australia.Sembcorp Marine, which did not say who the client was…

Petronas says Taking Steps to Protect Global Assets after Seizure of Luxembourg Units

Jul 18, 2022

Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries were served with a seizure notice last week over a dispute with the heirs of a late sultan…

Indonesia Set to Miss 2022 Oil and Gas Lifting Targets

Jul 15, 2022

Indonesia's oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday…

Mubadala Petroleum Books Borr Drilling Jack-up Rig

Jul 15, 2022

Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…

CIP, Tokyu Land Corporation Partner Up to Build Offshore Wind Farm in Japan

Jul 14, 2022

Copenhagen Infrastructure Partners (CIP) and Tokyu Land Corporation (TLC) said Thursday they were teaming up to develop the Aomori South offshore wind project, located in northern Japan.The two companies have formed a new joint venture firm Aomori South Offshore Wind GK…

CRP Subsea to Deliver Cable Protection Systems for CFXD Offshore Wind Farm

Jul 13, 2022

Offshore wind installation services firm Seaway 7 has awarded CRP Subsea a contract to provide 140 NjordGuard cable protection systems and bellmouths for Changfang and Xidao (CFXD) offshore wind farms located off the west coast of Taiwan. The…

Anna Nery FPSO Leaves China Shipyard Ahead of Journey to Brazil

Jul 12, 2022

The Anna Nery FPSO, bound for Petrobras' Marlim offshore field in Brazil, last Friday left the Cosco Qidong shipyard in China, marking the start of its journey to Brazil.The FPSO, to be provided to Petrobras by Malaysian FPSO provider Yinson…

Harbour Energy's Offshore Well in Indonesia Hits 'Material Gas Accumulation'

Jul 11, 2022

Oil and gas company Harbour Energy has completed the drilling of the Timpan-1 exploration well located 150 kilometers offshore Indonesia, encountering 'a material gas accumulation.'The well, in a water depth of 4,245 feet (1293.8 meters). was drilled to a total vertical depth of 13…

Saipem Expands Offshore Drilling Fleet with New Jack-up Rig

Jul 11, 2022

Italian energy industry services provider Saipem has expanded its offshore drilling fleet with a new jack-up drilling rig - the Perro Negro 11.Ocean Challenger, the asset management company of the Chinese rig builder CIMC, in June entered into a bareboat charter contract with Saipem…

Asia Spot LNG Prices Rise on Uncertainty over Nord Stream, Japan Supplies

Jul 08, 2022

Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…

EXPLAINER: How Can Japan Secure Enough Gas if Sakhalin Supply Is Cut

Jul 08, 2022

Resource-poor Japan is facing a historic energy security risk as tensions with Moscow intensify, heightening the threat of gas supply disruptions at a time when global supply is tight and spot prices are sky-high.Last week, Russia seized full…

Fred. Olsen Windcarrier Jack-up Sets Off to Install Turbines at CFXD Wind Farms Offshore Taiwan

Jul 07, 2022

Fred. Olsen Windcarrier's Bold Tern offshore wind installation vessel has left Taichung in Taiwan with the first wind turbine loadout for Changfang and Xidao offshore wind farms, the company said via social media.Back in March 2020, Fred. Olsen…

Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

Jul 07, 2022

Hellenic Cables has signed an exclusivity and capacity agreement (ECA) to supply 66 kV XLPE-insulated inter-array cables and associated accessories for the Hai Long 2 and 3 offshore wind project in Taiwan.Hai Long offshore wind farm project in Taiwan will comprise two offshore wind farms (OWFs)…

'Energy Major' Buys 1,2 GW Floating Wind Farm Project from Hexicon Korea

Jul 06, 2022

Floating wind farm developer Hexicon Korea has agreed to sell its entire Yeonggwang Project, a floating offshore wind project off the south-west coast of South Korea, to an undisclosed major energy company.'Hexicon Korea thereby sells off its 40 percent stake in the project…

Valaris Bags $466M in Rig Deals. CEO Sees 'Constructive Outlook' for Offshore Drilling Industry

Jul 06, 2022

Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…

Current News

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

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