Offshore Asia News - page 125

 

India's ONGC Extends Drilling Contract for Vantage Explorer Drillship

Feb 03, 2021

Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…

UK, Japan Concerned Over East, South China Seas Situation

Feb 03, 2021

Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…

TGP to Transport Offshore Wind Turbines for Project in Vietnam

Feb 03, 2021

UK-based project logistics management firm Trans Global Projects Group (TGP), has been awarded a contract for the transport of around 320,000 freight tons of offshore wind turbine components. The components will be used for two wind farm projects in Vietnam…

TMC to Deliver Air Compressors for Equinor's Bacalhau FPSO

Feb 03, 2021

TMC has won a contract to supply the marine compressed air system to the Bacalhau FPSO that Japan's MODEC is building for Equinor. The deal is one of TMC's biggest ever orders.TMC will supply the FPSO’s complete compressed air system consisting of several large offshore screw compressors…

Former Petronas CEO Joins ExxonMobil Board

Feb 02, 2021

ExxonMobil added a new director to its board after months of investor pressure and the top U.S. oil producer on Tuesday also posted its first annual loss as a public company due to the COVID-19 pandemic hammering energy prices.Tan Sri Wan Zulkiflee Wan Ariffin…

Three60 Energy to Provide Duty Holder Services for FPSO Intrepid

Feb 02, 2021

Three60 Energy, a UK-based energy services company, will be providing Duty Holder O&M services to the FPSO Intrepid, currently producing from the Galoc Field, located offshore Palawan Island in the Philippines, in what is the company's first such contract outside of the UK…

Woodside Halts Some Activity in Myanmar After Coup

Feb 02, 2021

Australia's Woodside Petroleum has put some activity on hold in Myanmar after generals seized power and detained elected leader Aung San Suu Kyi, and said on Tuesday it was monitoring the changing situation in the country.Woodside has been working…

Awilco Drilling CEO Resigns as Rig Cancellations 'Change Prerequisites'

Feb 01, 2021

Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which…

Mitsubishi Heavy, Vestas Form Japan JV

Feb 01, 2021

MHI Vestas Japan, a joint venture between Japan's Mitsubishi Heavy Industries, and Danish wind turbine maker Vestas Wind Systems started operations on Monday.The newly established joint venture is aimed at strengthening the two partners' collaboration in the field of renewable energies…

Mammoet Opens New Taiwan Office to Target Offshore Wind Opportunities

Feb 01, 2021

Dutch heavy lift and transportation company Mammoet is opening a new office in Taichung, Taiwan, to allow its team to be located closer to project sites and to offer onshore services for offshore wind farms locally.'Due to the rapid expansion…

India Could Give Cairn Offshore Oil Field in Lieu of $1.2B Arbitration award

Feb 01, 2021

The Indian government may give Cairn Energy a surrendered oil field such as the Ratna R-Series [offshore the west coast] in lieu of an arbitration award against the South Asian country, according to a Press Trust of India report in financial daily Mint…

Shearwater Nets SE Asia Seismic Survey Gig

Feb 01, 2021

Norway-based seismic survey services provider Shearwater GeoServices has won a contract for a marine seismic 3D survey in South East Asia.The company, owned by Rasmussengruppen, GC Rieber Shipping ASA, and Schlumberger, said that the contract was for two months…

Gallery: BP's Giant Argos Platform Loaded on BOKA Vanguard in South Korea

Jan 29, 2021

BP's giant Argos offshore platform, to be used for the Mad Dog 2 development in the Gulf of Mexico, was this week loaded on Boskalis' BOKA Vanguard vessel in South Korea and is preparing set sail for the U.S.According to Boskalis, the Dutch marine services contractor…

Japan's Largest Oil & Gas Producer Inpex Sets Net Zero Emission Goal

Jan 27, 2021

Inpex Corp, Japan's biggest oil and gas producer, said on Wednesday it is targeting net-zero carbon emissions by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.The move comes after…

Oil Search Expects Tough Year Ahead

Jan 27, 2021

Papua New Guinea-focused Oil Search Ltd said on Wednesday it expects 2021 to be another challenging year and forecast lower annual output due to planned maintenance activity at the PNG liquefied natural gas (LNG) plant.The Australia-listed company said it expects annual production of between 25…

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