Asia Pacific-focused oil and gas company Jadestone Energy has yet to restart production from its Montara Venture FPSO, off Australia, following a shutdown in August. The company said Monday it was 'not in a position to provide guidance on a possible Montara production restart date…
International oil major Shell has, together with Malaysia's Petronas, reached a final investment decision (FID) to develop the Rosmari-Marjoram deepwater sour gas fields, discovered in 2014, offshore Bintulu, Sarawak, Malaysia.Shell,which is the operator of the project with an 80 percent stake…
Japanese oil and gas company Inpex has transferred its entire stakes in two U.S. Gulf of Mexico offshore oilfields to project partners.The company has transferred its 10.1% stake in the Lucius Field located in the US Gulf of Mexico’s Keathley Canyon blocks 874…
Formosa 2 offshore wind project in Taiwan saw the final jacket foundation installed on August 26, with the subsea cable works reaching installation completion on September 1.The project, which will comprise 47 offshore wind turbines, has so far installed 27 wind turbines…
Knutsen NYK Offshore Tankers (KNOT), an affiliate of NYK, has taken delivery of a dual-fuel LNG shuttle tanker built at Daewoo Shipbuilding & Marine Engineering yard in South Korea. The vessel has been named “Sindre Knutsen.”Like its sister ship “Frida Knutsen…
Malaysia's Handal Energy said that its Handal Cranes subsidiary had received two letters of award from Petronas Carigali (“PCSB”).The LOAs are in relation to the companies' master service agreement for lifting equipment operation and maintenance services…
Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…
Chinese offshore oil and gas major CNOOC expects its annual domestic crude oil production to reach 1.2 million barrels per day by 2025, 28% above its current level.The targeted output compares to first-half production offshore China in 2022 of 169…
Japan's JERA has signed a deal with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term deliveries of liquefied natural gas (LNG), a spokesperson for the country's biggest power generator said on Friday.Russian…
Malaysian oil and gas company Petronas has awarded a contract to the offshore services firm Velesto for the plugging and abandonment services at Tembungo A & B platforms offshore Sabah, Malaysia.Velesto said Thursday that the contract had an…
Helix Robotics Solutions has won a 180-day contract by a local Thailand contractor to perform decommissioning services using the subsea construction vessel Grand Canyon II.The company, a robotics branch of the Helix Energy Solutions Group, said…
Australia will have to invest in renewable energy and carbon capture and storage at unprecedented speed and scale in order for the economy to achieve net zero carbon emissions by 2050, modeling released on Thursday showed.The Net Zero Australia…
Military-ruled Myanmar earned $800 million from natural gas exports mainly to China and Thailand, between April and July, the junta said in the state newspaper on Thursday.The country has been embroiled in chaos since the military overthrew…
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…
Oil and gas company Beach Energy has agreed for Doppler Light Detection and Ranging system (LiDAR) on its Kupe platform, offshore South Taranaki, New Zealand, which will provide data needed for the development of offshore wind farms in the region…
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