Petronas, through Malaysia Petroleum Management (MPM), has signed production sharing contracts (PSCs) for two discovered resource opportunities (DRO) clusters, located offshore Malaysia.The BIGST Cluster was awarded to Petronas Carigali, and JX Nippon Oil & Gas Exploration (BIGST)…
The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set sail from China to its deployment site at Mero field, in Santos Basin, offshore Brazil.The Marechal Duque De Caxias FPSO set sail from China on February 24…
BP has started production from the East North flank of the Shah Deniz field in Azerbaijan, which is one of the largest gas-condensate fields in the world and the largest gas discovery ever made by BP.The East North flank, part of Shah Deniz 2 development…
Malaysia-based offshore services firm Sapura Energy has teamed up with AF Offshore Decom to launch Kitar Solutions, in a strategic move to address the growing market need for integrated decommissioning services in Southeast Asia.Kitar Solutions…
Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…
Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City in South Korea to cooperate on developing a world-class offshore wind power industry in the region.The aim of the agreement is to establish a successful local wind power industry driven by Ørsted’s 1…
NYK Line has ordered a crew transfer vessel (CTV) for offshore wind industry from Kosaba Shipbuilding Corporation, the first such order the company placed to a local Japanese shipyard.Following delivery in late 2025 or 2026, the vessel will…
SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO…
French marine seismic firm CGG has released a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market.The study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia…
Norway’s energy major Equinor and the Indian fertilizer and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026.Equinor’s growing global LNG portfolio…
Pavilion Energy, the charterer of Singapore’s recently delivered first membrane LNG bunker vessel Brassavola, has concluded its first Ship-to-Ship (STS) LNG bunkering operation.Pavilion Energy said on February 19, 2024, the bunkering operation to Rio Tinto chartered dual-fueled bulk carrier…
Yokogawa Electric Corporation has completed the design, supply, and commissioning of a remote operation and monitoring system for the offshore wind turbines and onshore facilities at the Ishikari Bay New Port Offshore Wind Farm.Supplied through its subsidiary Yokogawa Solution Service Corporation…
Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea.Haewoori floating offshore wind 2 and 3 projects…
Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector…
Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for the Taiwanese company Cyan Renewables.The news comes after Siemens Gamesa awarded…
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