The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, plans to debut on the local bourse in June, after raising at least 20 trillion rupiah ($1.36 billion), two sources with direct knowledge of the matter told Reuters…
DNV has started a new Joint Industry Project (JIP) to increase certainty in the design process for wind farms challenged by earthquakes. The so called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) JIP…
Chinese drilling rig builder CIMC Raffles has delivered the Wan Zuan 3 jack-up rig for operation by COSL in China.The Wan Zuan 3 jack-up drilling rig of F&G SUPER M2 design can operate in a water depth of 300 ft and drill to a depth of 30,000 ft…
Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…
A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…
Danish wind turbine maker Vestas said Tuesday it had won an order from Hibiki Wind Energy to supply offshore wind turbines for the Kitakyushu-Hibikinada offshore wind farm project in Japan.The offshore wind project is located offshore Kitakyushu city…
South America's fastest growing oil producer has turned down the Indian government's request for discounted crude oil purchases during trade discussions, Guyana Vice President Bharrat Jagdeo said on Thursday.Guyana's oil production in total has tripled from a year ago to about 380…
Floating wind is viewed as the final frontier for offshore wind as turbines can be installed in deeper waters than fixed-bottom foundations, harnessing stronger and more continuous wind to generate more power.There are two main types of tender for traditional and floating wind projects…
South Korea's Korea Hydro & Nuclear Power, Samsung Heavy Industries, and Denmark's Seaborg Technologies have created a consortium to develop floating nuclear power plants with Seaborg Technologies' innovative molten salt reactor technology.The…
Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit.In February, Sembcorp Marine completed a S$4…
Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut emissions from ships.The move is a step towards meeting the Singapore port authority's…
Britain wants to take part in developing Japan's offshore wind power via options ranging from the participation of its energy companies to providing financing and insurance, Energy Security Secretary Grant Shapps told Reuters. The Group of Seven…
Classification society ClassNK announced it has issued an approval in principle (AIP) for the conversion plan of the medium-sized self-elevating platform (SEP) vessel for the installation of large wind turbine generator (WTG) on a semi-sub floater in port jointly developed by TOA Corporation (TOA)…
Construction of two ships for the Northern Lights carbon storage project in Norway started Thursday with a keel laying ceremony at the Dalian Shipbuilding Industry Co. (DSIC) yard in Dalian, China.Keel laying is a ceremonial recognition of the…
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…
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