China's top offshore oil and gas producer, CNOOC, has launched the country's first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide.As one of the…
ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…
The installation on what is reported to be the world’s largest offshore converter station is being hailed by China Classification Society (CCS) as ‘a significant milestone’ in the development of deep-water wind power. CCS provided authentication…
China Classification Society (CCS) is reporting the successful surveying of the world’s first 100,000 DWT deep-water semi-submersible floating production storage and offloading installation (FPSO).Dubbed Shen Hai Yi Hao, the platform is formally…
Finland's marine engine and equipment maker Wärtsilä said Friday it would deliver the steerable and tunnel thrusters for two new wind farm turbine installation vessels being built for the China Three Gorges Corporation (CTGC), a China state-owned power company…
Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull.In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion…
Brazilian oil company Petrobras has ordered an FPSO from Singapore's Keppel Shipyard, in what will be the seventh FPSO unit installed in the Búzios field, in the Santos Basin.The FPSO, to be named P-78, will have a processing capacity of 180 thousand barrels of oil per day and 7…
Independent energy services company AGR said it has won a contract to assist with well planning and engineering on the Jade prospect in Block 29/11, offshore China.The contract, signed with oil and gas development company Empyrean Energy, will…
Malaysian oil company Petronas and China-based oil firm CNOOC, have signed a memorandum of understanding to 'pursue mutual growth through closer collaboration.''The MoU elevates the long-standing relationship between the two parties from primarily…
OOS International, a Dutch-based offshore services company, has said there has been 'a strong increase in requests' from potential clients to charter its newbuild semi-submersible heavy lift crane & accommodation vessels the company ordered in China back in 2016…
Chinese shipbuilder China Merchants Heavy Industry (CMHI) has awarded NOV a contract to design and supply equipment for GustoMSC NG-14000XL-G wind turbine installation jack-up vessel to be built for OHT, a Norwegian heavy transport and installation contractor…
U.S. based ocean energy technology developer Ocean Power Technologies has acquired 3Dent Technology, an offshore energy engineering and design services company based in Houston, Texas. 'OPT’s first acquisition brings additional revenue from 3Dent’s established project and customer base…
The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden prepares to take office.The Department…
Woodside Energy shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese companies a few months ago because of a growing diplomatic row between Australia and China, the company's chief said on Thursday.Chief…
Oil and gas project sanctions, especially in the offshore segment, are expected to rebound next year compared to the COVID-19 ravaged 2020, and even exceed the pre-pandemic levels from 2022 onwards, energy market analysts from Rystad Energy have said…
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