The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and Hong Kong Electric Co. Ltd.The FSRU arrived on April 13 and will set sail after checks and port clearance procedures to the offshore Hong Kong LNG terminal next week for final commissioning of the project…
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited.'This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28…
CNOOC Ltd, China's top offshore oil and gas producer, has halted a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion, Bloomberg News reported.Although initial offers failed to meet CNOOC's expectations for the business…
Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…
PetroChina International has taken delivery of a large liquefied natural gas (LNG) carrier from China's Hudong-Zhonghua Shipbuilding Group Ltd, the first of three tankers ordered under a joint venture with state shipping firms.The vessel Shaolin…
China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China, state media reported on Thursday.Exploration well Weiye-1…
India introduced export duties for gasoil, gasoline and jet fuel on Friday to help boost domestic supplies, while also imposing a windfall tax on oil producers that have benefitted from higher global crude oil prices.The new taxes, announced in government orders…
Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.Ahead of drilling, the Sasanof prospect…
Japanese shipping and logistics firm NYK has signed a long-term time-charter contract with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. for six liquefied natural gas (LNG) carriers, in addition to a shipbuilding contract for the vessels with Hudong-Zhonghua Shipbuilding (Group) Co…
China's CNOOC Ltd saw its stock surge as much as 44% in its Shanghai debut on Thursday in defiance of overall market weakness, as investors sought safety in the oil giant amid lofty energy prices and quickening inflation.The stock started trade 20% higher than its offering price…
Swedish floating wind technology developer Hexicon has informed that its joint venture CoensHexicon Co., Ltd. has changed its name. The new name is Hexicon Korea Co., Ltd. with the change taking effect from Friday, April 15, 2022. 'The change…
Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…
Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…
MEO Group and its local joint venture partner, Uniwise Offshore Ltd, won a three-year contract for five Anchor Handling Tug Supply vessels (AHTS) by an E&P company in Thailand. The five vessels -- MEO Monarch 1, MEO Monarch 2, Uniwise Advantage…
Seven oil and gas companies have submitted bids for nine blocks offered during the Timor-Leste Second Licensing Round period 2019/2022'The Minister of Petroleum and Mineral, Mr. Victor da Conceição Soares officially opened the Bid Submission…
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