The world’s largest developer of offshore wind farms Ørsted announced Tuesday it will proceed with building two wind farms offshore Taiwan as the country continues its push to attract investment in renewables.Changhua 1 and 2a will be constructed in 2021 and 2022…
Canada's Husky Energy Inc beat analysts' estimates for quarterly profit on Friday, as it benefited from improved Canadian crude prices following Alberta's output cuts and investment in a number of refineries and pipelines boosted its margins per barrel…
Keppel FloaTEC secured an engineering services contract from China’s Offshore Oil Engineering Company (COOEC), the main engineering, procurement, construction and installation (EPCI) contractor for the Lingshui 17-2 production semisubmersible to be built at COOEC's Qingdao facility in China…
Singapore conglomerate Keppel Corp is planning to add 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.The slump in oil prices in 2014…
Singapore based Keppel Offshore & Marine announced Wednesday it has won two contracts: one from Diamond Offshore for the upgrade of the drilling semisubmersible rig Ocean Onyx, and the other from an unnamed operator for fabrication and integration…
Turan Drilling & Engineering announced Tuesday it has been awarded a $500 million contract from BP for work offshore Azerbaijan.The contract is for the operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea…
Lukoil has signed a contract with the Ministry of Energy of the Republic of Kazakhstan and KazMunayGas for hydrocarbon exploration and development of the Zhenis block in Kazakhstan's sector of Caspian Sea, Russia's second-largest oil producer announced on Wednesday…
Asia Pacific focused independent oil and gas company Jadestone Energy said drilling operations have resumed at the Stag oilfield offshore Australia in the wake of tropical cyclone Veronica.Following the weakening of the tropical cyclone, personnel…
State-owned Petroliam Nasional Bhd, or Petronas, expects to have its second floating liquefied natural gas (LNG) facility in Malaysia ready by the first quarter of next year, its chief executive, Wan Zulkiflee, told the LNG2019 conference in Shanghai on Tuesday…
Singapore's ailing offshore and marine firm Ezion Holdings (EHL) has found a saviour in Malaysian-listed Yinson Holdings, the world's sixth largest floating, production, storage and offloading (FPSO) operator.Yinson Eden Pte Ltd (YEPL) made…
New joint venture company Ocean Geo-Frontier (OGF) on Monday signed a consignment service agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) for geophysical surveys to be conducted by a three-dimensional geophysical survey vessel…
MacGregor announced Tuesday it has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a semi-submersible floating production unit (FPU) being built for a deepwater natural gas field in the western part of the South China Sea…
Mooring solutions provider InterMoor said it has been contracted by Jadestone Energy to carry out a feasibility study for a permanent spread mooring system for a floating production storage and offloading unit (FPSO) at Nam Du field located in block 46/07…
TechnipFMC announced Monday it has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by operator Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1…
Malaysia's largest oil and gas services company Sapura Energy on Monday reported a profit for the fourth quarter on gains from disposal of a subsidiary stake, after five consecutive quarters of losses.Sapura's declared net profits of 500.4 million ringgit ($123…
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