Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA)…
RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%…
Global energy technology company SLB has launched Sequestri carbon storage solutions, a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects.The Sequestri portfolio addresses the unique challenges of long-term carbon storage…
Energy industry services firm EnerMech has secured a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America.EnerMech’s scope includes decommissioning the subsea flowlines…
King Charles III's Crown Estate, which owns Britain's seabed, said on Tuesday it will invest up to 400 million pounds ($543 million) in the country's offshore wind supply chain.The investment is intended to support the construction of new infrastructure…
Malaysian state energy company Petronas said on Tuesday it expects to take one to two years to set up a planned joint venture with Italian energy group Eni on upstream assets in Indonesia and Malaysia.The companies announced a joint venture framework…
Offshore drilling contractor Odfjell Drilling has completed the Deepsea Aberdeen’s special periodic survey (SPS), with the semi-submersible rig returning to operations after three weeks of scheduled off-hire.As a result, all of the company’s own fleet rigs SPS projects are now completed…
TendrillWood, a joint venture company between Wood Group and Tendrill, has secured a five-year contract with Brunei Shell Petroleum (BSP) for brownfield engineering, procurement, and construction (EPC) services.Under the contract, the TendrillWood JV will deliver integrated…
The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as the administration wraps up a 45-day request…
Orsted, the world's biggest offshore wind developer, will increase investment in Taiwan and South Korea where it has already been awarded projects, instead of expanding to new markets in Asia, a senior company official told Reuters on Monday…
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…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has pushed back the drilling of appraisal well Chuditch-2, offshore Timor-Leste, for the first half of 2026.Chuditch-2 appraisal well on…
Aramco President & CEO Amin H. Nasser used his address at Energy Asia 2025 to deliver a pointed message: the global energy transition must be rebalanced with pragmatism, especially for fast-growing regions like Asia that are still heavily reliant on conventional energy…
TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed.The licenses, which are all in different maturation stages…
Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1)…
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