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Oil and Gas Regions news - page 20

 

Ocean Winds Pushes to Develop Offshore Wind Farms in Australia

Jul 04, 2023

Ocean Winds, a joint venture between Portugal's main utility EDP  and French company Engie, said on Tuesday it had lodged applications with the Australian government to develop offshore wind farms off the coast of Victoria.The JV, which participated…

Offshore Wind: Taiwan's First DP3 Heavy Lift and Installation Vessel Completed

Jun 30, 2023

The construction of the 'Green Jade' DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was completed Friday.The vessel was commissioned by the CDWE consortium consisting of Belgium's DEME Offshore and Taiwan's CSBC…

India: BP and RIL Bring MJ Offshore Field Online

Jun 30, 2023

UK-based oil major BP, and India's Reliance Industries Limited (RIL)  on Friday confirmed the start of production from the MJ field offshore India, following testing and commissioning activities. The MJ field represents the last of three major…

FPSO PTSC Lam Son in Vietnam Gets Contract Extension Worth $27.3 Million

Jun 30, 2023

Malaysian FPSO leasing firm Yinson Production has, through its PTSC AP joint venture company with Vietnam's PTSC, received a 12-month extension for the bareboat charter contract for FPSO PTSC Lam Son, with a further automatic extension of 6 months…

Malaysia's Sarawak Energy Plans 400MW Floating Solar Capacity by 2030

Jun 29, 2023

Sarawak Energy aims to install at least 400 megawatts (MW) of floating solar power capacity at its dams by 2030 as the Malaysian utility expands to meet rising demand for renewables from neighboring countries, its group chief executive said…

World's First 16MW Offshore Wind Turbine Installed Offshore China

Jun 29, 2023

China Three Gorges Corporation said Wednesday it had installed the world's first 16MW offshore wind turbine, off the coast of Fujian, China.The news was also confirmed by the wind turbine maker Goldwind, which said: “On June 28, Goldwind successfully…

Itochu, Tokyo Gas Eye Bids for Japan's Offshore Wind Farm Auction

Jun 29, 2023

Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public…

ClassNK Grants AiP for Ship that Can Transport Ammonia and Liquefied CO2

Jun 29, 2023

Japanese classification society ClassNK has granted Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) Approval in Principle (AiP) for a ship that can transport ammonia and liquefied CO2 (LCO2).LCO2 carriers play…

Transocean Secures 16-Well Contract for Transocean Equinox Rig in Australia

Jun 29, 2023

Offshore drilling contractor Transocean has secured a 16-well contract for the Transocean Equinox semi-submersible drilling rig in Australia for a consortium of four operators. The 380-day campaign contributes approximately $184 million in backlog…

China's Shandong Starts Releasing Oil Stranded at Ports after Inspections, Sources Say

Jun 28, 2023

China's Shandong refining hub has begun releasing millions of barrels of oil that were stuck at ports after inspections curbed imports into the province, trading sources said following a meeting this week between officials and refiners.The easing…

Exporting Too Much Gas Could Jeopardize Israel's Energy Security, Warns Official

Jun 28, 2023

Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said in a letter seen by Reuters. The country is expected to roughly double…

Petronas' Domestic Oil and Gas Production Expected to Peak at 2 Million Barrels per Day by 2024

Jun 27, 2023

Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said on Tuesday.About 60-70% of its production is natural gas and will remain so going forward…

PGS, TGS, and SLB in Offshore Seismic Data Reprocessing Deal in Sarawak Province, Malaysia

Jun 26, 2023

Norwegian offshore seismic firm PGS and JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia. This will be achieved by reprocessing…

Indonesia Sets a July Deadline for IDD Offshore Gas Project Divestment

Jun 26, 2023

The Indonesian government hopes to have the matter of the operatorship of the Indonesia Deepwater Development (IDD) gas project settled by next month after years of delay, the energy minister said on Friday.Operator Chevron, which owns a 62% stake…

Pertamina, Petronas Aim to Replace Shell in Masela Project, Indonesia Minister says

Jun 26, 2023

State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said on Monday.Shell has been seeking to divest its 35% share in Masela and…

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