Offshore Asia News - page 11


Joint Venture Partners Ink Commercial Deals to Develop Gas Reserves at Azerbaijan’s ACG Field

Sep 23, 2024

The international joint venture (JV) partners, led by BP as the operator, have signed commercial agreements for the development of gas reserves at the giant Azeri-Chirag-Gunashli (ACG) gas field offshore Azerbaijan.After the State Oil Company of the Republic of Azerbaijan (SOCAR) and BP…

Coastal Contracts Orders Subsea Support Vessel Pair in China

Sep 20, 2024

Malaysian shipowner Coastal Contracts Bhd on Thursday placed an order with Chinese shipbuilder Fujian Funing Shipbuilding Heavy Industry, a subsidiary of Fujian Shipbuilding Industry Group, for a pair of 85-meter subsea support/maintenance vessels…

First Oil Starts Flowing at CNOOC’s South China Sea Field

Sep 20, 2024

China National Offshore Oil Corporation (CNOOC) has started production at Liuhua 11-1/4-1 oilfield secondary development project, which features China’s first cylindrical floating production, storage, and offloading (FPSO) unit and a new platform…

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

Sep 19, 2024

Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025…

BlueFloat Finds Chinese Partner to Advance Floating Wind Supply Chain

Sep 19, 2024

BlueFloat Energy and Dajin Heavy Industry have entered into strategic partnership with the signing of a memorandum of understanding (MoU) aimed at driving innovation and sustainability in the floating offshore wind industry.The collaboration…

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Sep 19, 2024

TotalEnergies has secured a five-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034.Thanks to this agreement, TotalEnergies strengthens its long-term positions in the growing Chinese market…

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

Sep 18, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has informed the production from its offshore oil and gas platforms remained unaffected by the typhoon Bebinca, the strongest typhoon to make landfall in Shanghai in the last 70 years…

Woodside and JERA Ink Long-Term LNG Supply Agreement

Sep 18, 2024

Australia’s Woodside has signed a sale and purchase agreement (SPA) with Japan’s JERA for the long-term supply of liquefied natural gas (LNG) to Japan.Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis…

Japan's ENEOS Takes Share of Floating Wind Project off Norway

Sep 18, 2024

Japanese renewable energy company ENEOS Renewable Energy (ERE) has become a partner in the GoliatVIND project by acquiring a 20% stake in the floating wind farm from Odfjell Oceanwind.The new partnership on GoliatVIND is Source Galileo Norge (40%)…

Strohm Supplies TCP Jumpers for Sabah Project Off Malaysia

Sep 18, 2024

Strohm, a thermoplastic composite pipe (TCP) company, has overseen the installation of its TCP Jumper technology at the deepwater Sabah project offshore Malaysia.Installed by contractor McDermott on behalf of an international operator, it is…

TotalEnergies Signs 10-Year LNG Supply Deal with Turkey’s Botas

Sep 18, 2024

Turkish state energy company Botas has signed a 10-year agreement to import liquefied natural gas (LNG) from French oil major TotalEnergies beginning in 2027, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.The deal, which was…

ABS Greenlights Toray’s Innovative Technique for In-Situ FSO, FPSO Repairs

Sep 17, 2024

Japan-based Toray Industries has secured type approval from the American Bureau of Shipping (ABS) for the vacuum-assisted resin transfer molding (VaRTM) process for in-situ ship repairs, developed jointly with MODEC.The technique entails applying…

Chinese Demand Spurs Global Wind Turbine Ordering

Sep 16, 2024

Global onshore wind turbine orders hit 91.2 gigawatts (GWs) in the first half of the year, a 23% year-on-year rise, due to higher demand in the second quarter from China's northern region, Wood Mackenzie said in a report on Monday.China's wind…

Malaysia’s First Hybrid Fast Crew Boat Launched

Sep 16, 2024

Strategic Marine, in collaboration with Centus Marine, has unveiled Malaysia’s first hybrid Fast Crew Boat (FCB).The vessel is equipped with the latest hybrid technology and gyro-stabilization, marking a significant advancement in the region’s maritime industry…

Apollo Takes Share of BP’s Trans Adriatic Pipeline in $1B Deal

Sep 16, 2024

BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…

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