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Aquadrill's Polaris Drillship Catches Fire in Sri Lanka

Feb 17, 2022

Aquadrill's Polaris drillship caught fire earlier this week at Hambantota Port in Sri Lanka. According to the port authorities, the incident happened Tuesday, and the fire was quickly extinguished.'The Hambantota International Port Emergency Response Unit (ERU) together with the port’s Quality, Health, Safety & Environment Dept. (QHSE), and Port Control, responded to a fire that occurred on board the drillship “West Polaris…

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Jan 13, 2022

Australian oil and gas company Beach Energy has informed that gas production has started from the first two wells of its offshore Otway Basin campaign - Geographe 4 and 5.The wells have been connected to the Otway Gas Plant and are now delivering…

GAIL Charters NYK's Grace Emilia LNG Carrier

Dec 24, 2021

India's largest natural company GAIL has agreed to take NYK's liquefied natural gas (LNG) carrier Grace Emilia on a multi-year charter.According to NYK, the vessel is equipped with a WinGD-made dual-fuel slow-speed diesel engine (i.e., X-DF…

Australian Parliament Clears Way for Offshore Wind Farms

Nov 26, 2021

Australia's parliament on Thursday passed legislation setting a framework for developing offshore wind farms and transmission lines, in a big boost to several multibillion-dollar proposed projects as the country looks to replace coal-fired power…

Pacific LNG Freight Spot Rates Hit Fresh Record High

Nov 19, 2021

Tanker rates to ship liquefied natural gas (LNG) across the Pacific hit a fresh record high on Friday as high demand for the U.S. super chilled fuel from Asia drives up the demand for vessels, industry sources told Reuters.The cost of chartering…

Blast Hits Oil Pipeline in Southern Iran

Nov 17, 2021

An oil pipeline in southern Iran exploded on Wednesday, Iran's state TV reported on Wednesday, citing aging infrastructure as the reason for the blast.'This accident did not lead to any casualties,' a local official from the oil-rich province of Khuzestan told state media…

Several Workers Injured in Refinery Fire in Kuwait

Oct 18, 2021

A fire at Kuwait's Mina al-Ahmadi oil refinery on Monday injured several workers but operations were unaffected, Kuwait National Petroleum Company (KNPC) said.The atmospheric residue desulphurization (ARDS) unit where the fire broke out has been isolated and firefighting efforts are continuing…

Svitzer Nets 10-Year Deal for Towing Services at Offshore LNG Terminal in the Philippines

Jul 21, 2021

Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal…

Chevron Sanctions $4B Jansz-Io Compression Project Offshore Australia

Jul 02, 2021

Oil and gas major Chevron as the operator of the Gorgon gas project has, with its partners, agreed to proceed with the Jansz-Io Compression (J-IC) project, offshore W. Australia. The investment is estimated at around $4 billion (AU$6 billion)…

IRENA: Dropping Renewables Costs Undercut New and Some Existing Coal Plants

Jun 22, 2021

The cost of renewable energy sources is undercutting that of new and some existing coal-fired power plants, a report by the International Renewable Energy Agency (IRENA) showed on Tuesday.Due to cheaper renewable energy, up to 800 gigawatts…

Asia, Australia Snub IEA's Call to Halt new Fossil Fuel Investments

May 19, 2021

Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow…

CNOOC's 1Q Revenue Up 21% on Recovering Oil Prices

Apr 22, 2021

China's national offshore oil and gas producer CNOOC Ltd reported on Thursday its first-quarter revenue surged 21% on year on recovering oil and gas prices and higher sales.Revenue was 48.34 billion yuan ($7.45 billion) over the January-March period…

China: CNOOC Searching for Three Missing After Fire on Offshore Platform Doused

Apr 09, 2021

China’s offshore oil and gas major CNOOC Ltd has put out a fire at a production platform in Bohai Bay and is focusing its efforts on searching for three people who went missing, the firm said on Friday.In a filing to the Hong Kong stock exchange…

Indonesia's Pertamina Working to Restore Ops at Fire-hit Refinery

Mar 29, 2021

Indonesian state oil company Pertamina said on Monday it hoped to restore operations at its Balongan oil refinery in West Java in four or five days, as firefighters worked to extinguish a massive blaze that broke out overnight, injuring five people…

Brent Tops $70 after Houthi Attack on Saudi Oil Export Hub

Mar 08, 2021

Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security…

Current News

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

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