Norway-based company Deep Wind Offshore has secured the Electricity Business License (EBL) for the Admiral Lee offshore wind project in South Korea.The approval marks a major step forward for the 345 MW offshore wind project and highlights the strength of collaboration between domestic and international companies in the country’s growing offshore wind sector.With this milestone, planned to be the first of several EBL’s…
Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…
Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…
Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…
Yinson Production has placed $1.168 billion project bond to refinance floating production, storage and offloading (FPSO) Maria Quitéria, which is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil…
Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan.These newly patented technologies mark an advancement in enabling low-cost…
U.K. based energy firm Centrica and Thai state-owned oil and gas giant PTT Group have signed heads of agreement for a long-term liquefied natural gas (LNG) supply deal.Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia…
Electric Power Development Co. (J-POWER) has joined the WHEEL project, a floating offshore wind power demonstration project in Gran Canaria, led by Spanish firm Esteyco.In the demonstration project, a floating offshore wind turbine, rated at 6…
Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…
China has begun construction of a new structure in waters between China and Japan in the disputed East China Sea, the Japanese foreign ministry said on Tuesday, adding it has lodged a protest with China.The ministry said in a statement 'it is…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has signed production and exploration contract with Ministry of Energy of the Republic of Kazakhstan and state-owned operator KazMunayGas (KMG) for Zhylyoi Subsoil Area…
Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…
Malaysia’s state-owned energy giant Petronas, through its subsidiary Petronas LNG, and Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation (MoC) to expand the collaboration framework in the liquefied natural gas (LNG) sector…
Japan's industry ministry will sign an agreement with Siemens Gamesa Renewable Energy on Tuesday to establish a framework for public-private cooperation aimed at building local supply chains for offshore wind power, a ministry official said…
Woodside Energy Trading Singapore and JERA have entered into a nonbinding heads of agreement (HOA) for the sale and purchase of LNG cargoes during Japan’s peak winter period.The agreement strengthens Woodside’s long-standing relationship with JERA and further supports Japan’s energy security…
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