Kuwait Oil Co News

 

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Jun 19, 2025

Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427, awarded under Malaysia Bid Round (MBR) 2021, and the Ketapu Cluster, awarded under MBR Plus Round I.Idemitsu acquired 40% stake, and as a result…

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

Jun 24, 2025

Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer as 15 technicians complete the pilot program developed by the Engineering Construction Industry Training Board (ECITB)…

OEG Strengthens Oil and Gas Services Offering in Qatar

Jun 24, 2025

Energy solutions company OEG has finalized an evergreen agreement with Al Nasr Holding Co., to enhance support for the oil and gas, petrochemical, and industrial sectors in Qatar.The agreement further reinforces the company's strategic partnership with Venture Gulf Engineering (VGE)…

BW Opal FPSO Arrives to Santos' Barossa Gas Field off Australia

Jun 19, 2025

BW Opal floating production, storage and offloading (FPSO) unit, operated by BW Offshore, has arrived at Santos’ Barossa gas field, marking a critical milestone on the path to first gas in the third quarter of 2025.Since its arrival, on June 15…

Japan Energy Summit & Exhibition Opens in Tokyo

Jun 18, 2025

Opening Ceremony sets the tone for a pivotal three-day event focused on global cooperation,  diversified supply, and pragmatic climate solutions  Global CEO Panel featuring JERA, TotalEnergies, and Woodside underscores LNG’s role in energy  security…

TotalEnergies Eyes Mozambique LNG Restart in Summer 2025

Jun 18, 2025

TotalEnergies expects its $20-billion Mozambique liquefied natural gas (LNG) project to resume development 'this summer', Chief Executive Patrick Pouyanne said on Wednesday.He was asked about the timing during a session at the Japan Energy Summit in Tokyo…

Japan Energy Expo '25 Opens this Week

Jun 16, 2025

JERA’s major U.S. LNG supply deal sets the stage for Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June in Tokyo, with live commentary expected from JERA’s Global CEO and METI during the Opening Ceremony.The Strategic Summit will feature top executives from Shell…

Eco Atlantic Takes Operatorship of Orange Basin Offshore Block

Jun 04, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has completed the farm-in agreement in the Orange Basin block, securing the full operatorship and exploration rights offshore South Africa.Eco has now secured…

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

Jun 03, 2025

CDWE, a joint venture between CSBC Corporation and DEME Offshore, has completed the installation of pin piles for the Hai Long offshore wind farm, being built in Taiwan.A total of 219 pin piles have been installed using the Green Jade heavy lift vessel…

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

May 29, 2025

China’s state oil and gas major Sinopec has established a venture capital fund focused on hydrogen energy, with an initial size of 5 billion yuan ($690 million), the company said in a statement on Thursday.The fund, the largest in China dedicated to investment across the hydrogen value chain…

Kuwait, Saudi Arabia Make Oil Discovery in Neutral Zone

May 27, 2025

Kuwait and Saudi Arabia have made a new oil discovery in the Neutral Zone, which contains jointly operated oil fields between the two countries, Saudi state news agency (SPA) reported, citing a joint announcement.It is the first discovery since…

New Zealand to Financially Support New Offshore Gas Projects

May 22, 2025

New Zealand will co-invest in new gas fields in the country, the government announced in its budget on Thursday, as it looks to attract investments into the sector after lifting a ban on offshore oil and gas exploration.The government has set aside a contingency of NZ$200 million ($118…

Denmark Plans Offshore Wind Tender With Up to $8.3 Billion Subsidy

May 19, 2025

Denmark will launch offshore wind tenders with a capacity of three gigawatt (GW), enough to power three million homes, its energy ministry said on Monday, offering subsidies to developers of up to 55.2 billion Danish crowns ($8.32 billion).The…

NSTA, Crown Estate Scotland Team Up for North Sea Opportunities

May 16, 2025

The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together to realize the energy and carbon storage potential of the North Sea.The SoI,…

Mitsui’s STATS Rolls Out Titanium Connector for Oil and Gas Sector

May 15, 2025

STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed mechanical pipe connectors, aimed at addressing increased demand in the Norwegian oil and gas sector.Titanium is better suited to high-stress corrosive environments found in…

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