China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched…
Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…
U.S.-based oil major ExxonMobil said on Monday activist investor Jeffrey Ubben and Michael Angelakis have joined its board.Angelakis is chairman and CEO of independent strategic investment company Atairos. Prior to founding Atairos, he served…
Palfinger has won an order to deliver cranes, lifeboats, a rescue boat, and davits for Malaysia-based Yinson's Anna Nery FPSO, which will, once complete be deployed at Petrobras' Marlim 2 field offshore Brazil.Under the order, Palfinger will…
Avenir LNG on Thursday announced the launch of the Avenir Allegiance, dubbed the world’s largest dual-purpose, LNG supply and bunkering vessel, built by CIMC Sinopacific Offshore & Engineering Co. (CIMC SOE).The vessel was launched at 7 am on January 27th…
BP's closely watched Ironbark exploration well offshore W. Australia, which partners had hoped could unearth 15tcf of gas, has not encountered hydrocarbons, not in significant volume anyway.Beach Energy, BP's partner in the project, said Tuesday that the well had been drilled to a total depth of 5…
Australian oil and gas company Santos has been granted an offshore exploration license in Northern Carnarvon Basin, offshore W. Australia.The Exploration Permit WA-546-P was granted by National Offshore Petroleum Titles Administrator (NOPTA) earlier this week…
Wison Offshore and Marine's standardized 1.3MTPA and 3.0MTPA floating liquefied natural gas (FLNG) designs have received Approval in Principle from the American Bureau of Shipping (ABS).ABS Vice President, Global Gas Solutions, Patrick Janssens…
On November 25, 2020, MV Hawk discharged her final jacket foundation for the Moray East Offshore Wind Farm.OHT’s heavy transportation vessel carried its second load of 10jackets from Lamprell’s fabrication site in Hamriyah, UAE, arriving at the Port of Nigg in the Cromarty Firth on November 12…
BP has started drilling at the Ironbark-1 exploration well in the WA-359-P in the Carnarvon Basin, offshore Western Australia.According to Cue Energy, a partner in the project, the drilling started at 07:30hrs (AWST) on 31 October 2020. BP is…
Ship classification society Indian Register of Shipping (IRClass) has classed India’s first LNG-FSRU.Built at Hyundai Shipyard in Ulsan, South Korea, the 180,000 cu.m, the Indian-flagged, is designed for continuous operations without the need for drydocking over a period of 20 years…
Fast-growing offshore windfarms expect low carbon service operations by support vessels, but supplying and handling biofuels is a challenge and the development of ammonia and hydrogen-powered vessels still has a long way to go, ship fuel broker and trader LQM Petroleum Services said…
Oil major BP has provisionally chartered a supertanker to store crude oil off Malaysia at this year's lowest rate yet, according to industry sources and data on Refinitiv Eikon.The charter is the latest in a flurry of ship bookings made by oil majors and trading houses after tanker rates plunged…
Australia's BHP said Friday it had awarded a tender for world’s first LNG-fuelled Newcastlemax bulk carriers to Eastern Pacific Shipping, with the aim of reducing greenhouse gas (GHG) emissions by more than 30 percent per voyage.Eastern Pacific…
Finland-based marine engine and technology provider Wärtsilä has been tasked to equip the first Taiwan-built offshore wind installation vessel - the Green Jade - with 'a broad scope' of its solutions.The 216 meters long vessel will be built…
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