Cerulean Winds and Ping Petroleum UK have agreed to create one of the UK’s first offshore oil and gas facilities powered mainly by offshore wind. Under the agreement signed in a meeting hosted by Secretary of State, Kwasi Kwarteng, the production facility at Ping Petroleum’s Avalon site, in the UK's Central North Sea, will be mainly powered by floating offshore wind. Cerulean says the deal will deliver the UK’s first floating offshore wind unit manufacturing and assembly in the UK…
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…
Ocean Installer won 'a sizeable' project from Anasuria Hibiscus UK Limited as part of a new frame agreement for offshore construction. The Teal West Development comprises a subsea tie-back to the Anasuria FPSO. The scope of work on Teal West includes installation of manifold…
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…
Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors include Shelf Drilling, ADES, Borr Drilling…
Orcadian Energy has completed the previously announced farm-out of an 81.25% interest in license P2244 in Central North Sea, which contains the Pilot field, to Ping Petroleum UK, which became the operator of the license.Ping is focused on shallow…
Malaysian oil and gas company Hibiscus Petroleum has received UK regulator approval to acquire a stake in a UK North Sea license from Rapid Oil, as proposed in late August 2023.Hibiscus Petroleum's subsidiary Anasuria Hibiscus, and Ping Petroleum on August 30…
Sapura Energy said Monday that Brunei Shell Petroleum had issued notices of arbitration to its subsidiaries Sapura Fabrication and Sapura Offshore.Brunei Shell Petroleum is seeking arbitration against Sapura Fabrication in relation to the Salman development…
Malaysian offshore services firm Barakah Offshore Petroleum has, via its subsidiary PBJV Group, received the Letter of Award from Brunei Shell Petroleum for the “SPM2 Replacement Project.'PBJV will be responsible for engineering work, supply of materials…
Oil companies in Norway must increase their exploration activity in remote regions like the Arctic Barents Sea for the country to find the remaining reserves of oil and gas beneath its oceans, the Norwegian Petroleum Directorate said on Thursday…
Malaysia's Dagang NeXchange Berhad (DNeX), via its subsidiary Ping Petroleum, has renamed its recently acquired floating production storage and offloading (FPSO) vessel to Excalibur.Previously known as the Sevan Hummingbird, the renaming ceremony was recently held in Port of Nigg…
Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…
Oil and gas company Ping Petroleum's proposed development concept for the Avalon discovery in the UK Central North Sea, has received a letter of “no objection” from the North Sea Transition Authority (“NSTA”).The concept comprises a tie-back…
UAE-based oil and gas company Mubadala Petroleum has announced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.Mubadala Petroleum is the Operator of Block SK 320 containing the Pegaga field, with a 55 percent interest…
Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project.'These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program…
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