Danish offshore wind installation firm Cadeler has secured a vessel reservation agreement for one of its newbuild wind turbine installation vessels for a pipeline of offshore wind projects in the Asia-Pacific region.The vessel reservation agreement…
Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas (LNG) project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian state-owned energy giant Petronas…
India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.'We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…
Global energy major BP said on Wednesday it is holding a board meeting in India this week, as it scouts for more opportunities in the country.India, the world's third-biggest oil importer and consumer, wants to quickly raise its oil and gas output…
Finnish welding and automation solutions specialist Pemamek has secured an order from South Korea’s equipment manufacturer GS Entec, which will enhance its capacity to produce large-scale XXXL monopiles for offshore wind.The order involves a…
Centus Marine, a Malaysian operator of fast crew boats, has selected Singaporean shipbuilder Strategic Marine to build the next generation of high-speed personnel transfer vessels, developed by AIRCAT.The new vessel, developed in partnership…
TotalEnergies has signed a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of liquefied natural gas (LNG) per year for seven years starting from 2027.Thanks to this agreement, with prices indexed both to Brent and Henry Hub…
Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…
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…
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…
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…
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 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 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…