Westwood Global Energy Group’s Marina Ivanova sheds light on the global offshore wind market. Source: Westwood Global Energy Group. Westwood Global Energy Group (Douglas Westwood)…
Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project. Image from Statoil. This year, floating offshore…
Keppel Offshore & Marine Ltd subsidiary, Keppel Shipyard has won four contracts worth a total of $61.5 million (S$85 million) for the conversion, repair and modification of vessels. The first contract is from Dixstone Holdings Ltd, for…
Eni has lined up a series of agreements with the Astana government that will see the Italian giant have the rights to explore the Isatay block in the Caspian Sea. Descalzi. Image from Eni. Eni…
Classification and technical services provider ABS has granted an Approval in Principal for Chiyoda Corp.’s floating liquefied natural gas (LNG) power plant and floating storage and regasification unit design concept. ABS said the concept…
Dyna-Mac has secured two fabrication projects for a provisional sum of US$30 million from two new customers. The group has been awarded a contract by Cameron Solutions Inc., a Schlumberger company acting through its Process Systems Group…
Thailand’s PTT Exploration & Production Public Co. (PTTEP) has renewed its contract with Paris-based geophysical firm CGG for CGG to continue operating PTTEP’s dedicated processing center (DPC) in Bangkok. CGG has operated the center on PTTEP’s behalf since November 2013…
Sapura Energy’s SK310 B15 gas field development project offshore Malaysia remains on track for first production in Q4 2017, the company announced in its 19 June earnings update. Despite a challenging market due to oil price uncertainty…
JX Nippon Oil & Gas Exploration (Malaysia) started gas production from the Layang Field, offshore Malaysia, with an estimated 12,000 boe/d. Map from JX Nippon. Layang is about 7km east of the producing Helang Gas Field in Block SK10…
BP and Reliance Industries Ltd. (RIL) reported Thursday they would spend US$6 billion on three projects to develop deepwater gas resources offshore India that would bring 1 Bcf/d of dry gas production onstream between 2020 to 2022. Image…
Maersk Supply Service (MSS) has reached agreements with two shipyards to delay nine of its newbuild vessels due to the current market situation. Maersk Master. Image from MSS. A…
Just like other oil and gas provinces, the global deepwater industry is adjusting to the new normal of low oil prices. However, that adjustment has not been as quick or granular as the response of US tight oil to OPEC’s 2014 decision not to cut production…
Image of the Skandi Singapore, from DOF. DOF Subsea has been awarded contracts for three vessels that will operate in the Asia Pacific and Atlantic regions. In the Asia Pacific…
Empyrean Energy has started a 3D seismic survey on its 100% owned Block 29/11, offshore China. Block 29/11 is about 1800sq km and is situated some 200km south-southeast of Hong Kong in 340-600m water depth. Empyrean has contracted China Oilfield Services Ltd…
Sapura Energy Berhad (SEB) has been awarded contracts with a combined value of about US$206 million (RM879 million) offshore Myanmar, Brunei, India, and Australia from several companies including PTG, Shell, ONGC, and PTTEP. Off Myanmar…