South East Asia News

 

Portugal to Double Floating Offshore Wind Auction Capacity

Jun 08, 2022

Portugal wants to speed up its energy transition and will double the capacity of its first auction for floating offshore wind farms to 6-8 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday.As part of a global shift from carbon-emitting fossil fuels, countries are betting on new technologies to boost power generation from renewable energy, such as wind and solar.In March, the previous environment minister said the auction…

Magseis Fairfield Firms Up SE Asia OBN Survey Deal

Aug 18, 2022

Norwegian ocean bottom node seismic services firm Magseis Fairfield has confirmed a firm contract for a 4D Ocean Bottom Node project in South East Asia.The confirmation comes after the company, on July 25, said it had received a conditional award with a repeat client for this project…

Wasco to Buy MMA Offshore's Batam Shipyard

May 02, 2022

Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…

PTTEP Becomes Official Operator of Erawan, Bongkot Offshore Fields

Apr 25, 2022

Thai oil and gas company PTTEP has become the official operator of the G1/61 offshore block, containing the Erawan, Platong, Satun, and Funan fields, as well as the G2/61 project, containing the Bongkot field, offshore Thailand.Back in December 2018…

Portugal to Hold First Floating Offshore Wind Auction

Mar 16, 2022

Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters…

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

Jan 13, 2022

Australian offshore support vessel operator MMA Offshore has completed a subsea conversion program on the MMA Crystal vessel to support the Taiwanese offshore wind market.The new additions to the vessel feature subsea equipment including a work-class ROV…

Siem Offshore Nets More Offshore Wind Work for OSCV Duo

Dec 13, 2021

Norwegian offshore vessel owner Siem Offshore said Monday it had signed a contract with an undisclosed client for operations in South East Asia for the Siem Barracuda offshore subsea construction vessel (OSCV), and an extension for OSCV Siem Stingray…

Stanford Marine Orders Two Crew Boats from Grandweld

Nov 01, 2021

Grandweld shipyard has won a contract with offshore support vessel firm Stanford Marine to build two 42-meter GrandSuperior crew boats with the keel-laying ceremony recently completed. These are Grandweld’s 11th and 12th vessels built for Stanford Marine…

Mermaid Subsea Services Buys 50% Stake in Offshore Construction Vessel Millennium 3

Oct 18, 2021

Thai-based offshore services company Mermaid Subsea Services has agreed to buy a 50% ownership share in the Millennium 3 offshore construction vessel from PT David Marine for $16 million.The Millennium 3 is a DP2 construction support vessel…

Shearwater GeoServices Secures South East Asia Survey Deal

Sep 21, 2021

Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…

Energy Transition: Eni, Mubadala in Decarbonization Collaboration

Sep 08, 2021

Italy's Eni has teamed up with Mubadala Petroleum to look at joint investments in the energy transition field as part of plans to cut carbon footprints.In statements on Tuesday, the two groups said they had signed a memorandum of understanding…

Borr Drilling Secures More Work for Jack-up Rig in Malaysia

Aug 11, 2021

Oslo-listed drilling firm Borr Drilling has secured a Letter of Award for its jack-up drilling rig 'Gunnlod' from an undisclosed operator in Malaysia. The drilling campaign is expected to start in the fourth quarter of 2021 in direct continuation…

Floating Solar: DNV Advises on Indonesian Floating Solar Photovoltaic Project

Aug 06, 2021

Floating solar photovoltaic (PV), initially considered a niche technology, is now the fastest-growing solar PV category, alongside ground-mounted utility-scale solar and rooftop PV. As of August 2020, more than 60 countries have actively pursued the deployment of floating PV…

DeepOcean Books Solstad CSV

Jul 22, 2021

Norway-based offshore support vessel firm Solstad Offshore has won a charter deal for its construction support vessel Normand Jarstein.The contract is with the subsea services firm DeepOcean AS.The Normand Jarstein vessel (ex-Rem Pioneer) will support DeepOcean`s IMR…

Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo

Jul 21, 2021

Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…

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