Singapore-based rig builder Sembcorp Marine (Sembmarine) has reported a loss of S$30 million (US$21.75 million) in the third quarter of the year amid lower revenues and reduced activity. For the nine months to September 30, 2018 the loss is $80…
Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China…
Norwegian oil services firm Aker Solutions Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion (USD 210m) from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field…
French energy group Total and China's CNOOC have strengthened their existing partnership in the liquefied natural gas (LNG) sector to increase their output, the companies said on Monday.Total and CNOOC said they had agreed to increase the contract volume from 1 million tons per annum (Mtpa) to 1…
Indonesia awarded two oil and gas blocks of six auctioned by the government, deputy energy minister Arcandra Tahar told reporters on Monday.Indonesia awarded South Jambi B gas block to Hong Kong Jindi Group Ltd and Banyumas exploration block to Indonesia's PT Minarak Brantas Gas…
Marine geophysical company Polarcus Limited said it has been awarded a 3D marine seismic acquisition project in South East Asia.The project duration is approximately four months and is scheduled to commence in Q4 2018.Following this award, the Polarcus fleet is 100 percent booked for Q4 2018.
Australian oil and gas company Woodside Energy, as Operator for and on behalf of the Browse JV, has awarded KBR the Concept Definition engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development…
Japan's MODEC is to provide and operate a floating production storage and offloading (FPSO) vessel for Eni Mexico, a subsidiary of Eni.According to a press release from the Japanese supplier and operator of offshore floating platforms, it has received a Letter of Intent (LOI) for supply…
Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog.The marine geophysical services company said that the surveys will be starting in the first half of Q4 2018…
UK-based offshore wind crew transfer vessel operator Njord Offshore Ltd will be managing a new purpose built 35-m Service Accommodation and Transfer Vessel (SATV) on long term charter to Siemens Gamesa Renewable Energy A/S for Formosa 1 offshore wind power plant in Taiwan…
Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for…
Singapore based independent oil firm Jadestone Energy announced that it has completed its acquisition of the Montara oil project, offshore Australia.Further to the Company’s previous announcements on July 16, 2018 and September 21, 2018, all…
Inpex Corporation announced the departure of its first shipment of condensate from the Inpex-operated Ichthys LNG Project.The cargo departed from the Project’s massive offshore floating production, storage and offloading facility - the Ichthys Venturer –moored in the Browse Basin…
Malaysian oil and gas exploration and production company Hibiscus Petroleum is aiming to double its oil output in the United Kingdom and Malaysia to 20,000 barrels per day (bpd) by 2021, a senior company executive said on Thursday.It needs an…
Azerbaijan’s SOCAR and US engineering firm KBR’s joint venture will provide front-end engineering design services (FEED) for a new production, drilling and quarters platform, Azeri Central East (ACE), for the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea…