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India: McDermott Wraps Work on Reliance's Project Offshore India

Jan 11, 2021

Offshore oil and gas services company McDermott recently completed work on an offshore field development project in India, operated by Reliance Industries, and made it ready for start-up.The project, in the Krishna Godavari Basin, located off the east coast of India…

Sherrard Enhances Squire Patton Boggs Commodities and Shipping Capabilities

Jan 04, 2021

Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia…

Malaysia: Petronas Launches Investigation into Fatal Offshore Incident

Oct 29, 2020

Malaysian oil and gas giant said Thursday it was investigating the cause behind the incident that happened earlier this week when the Dayang Topaz offshore vessel crashed into its platform at the Baram field, off Sarawak.'A thorough assessment of the platform structures is being carried out…

Aker Solutions Delivers Subsea Structures for CNOOC's Lingshui 17-2 Field

Sep 30, 2020

Norwegian offshore engineering and construction firm Aker Solutions has completed the construction of subsea structures for China-based CNOOC's Lingshui 17-2 project in the South China Sea.The structures were built and tested at the China Offshore…

Oz Offshore Regulator Launches Probe after Eni's Subsea Buoy Comes to Surface, Posing Threat to Vessels

Sep 10, 2020

The Australian offshore safety agency NOPSEMA has ordered Eni to 'make safe' a floating mid-depth buoy at the Woollybutt field off W. Australia, after the buoy, normally chained 50 meters underwater, was spotted floating on the surface, posing a navigational threat to vessels passing by…

Headache for OPEC as Oil Market Structure Signals Return of Glut

Jul 30, 2020

Rising OPEC and U.S. oil supply, coupled with stalled economic and crude demand recovery, have pushed the futures market structure back to indicating a surplus, last observed during oil's collapse in April and May amid the coronavirus pandemic…

First Taiwan-built Offshore Installation Vessel to Sport Wärtsilä Gear

Jul 14, 2020

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…

CNOOC Makes 'Significant' Discovery Offshore China

Jun 29, 2020

Chinese oil and gas company CNOOC has said it has made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.CNOOC on Monday said the discovery was expected to become the first mid-to-large sized condensate oil and gas field in the shallow water area of Pearl River Mouth Basin…

OWC Sets Up Office in S. Korea

Jun 26, 2020

OWC, formerly known as Offshore Wind Consultants, has set up an office in South Korea, a country with ambitious offshore wind plans. 'We continue our expansion into key emerging markets such as South Korea. We believe a local presence is central…

CSBC-DEME JV Makes FID for First Taiwan-built Offshore Installation Vessel

Jun 25, 2020

CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME has taken the Final Investment Decision (FID) for the construction of ‘Green Jade’, which is the first DP3 heavy lift and installation vessel to be built in Taiwan…

Seamec Awards Fugro a 3-Year IRM Deal Offshore India

Jun 18, 2020

Dutch offshore services company Fugro has won a 3-year inspection, repair and maintenance (IRM) contract with Seamec in India.Under the contract, Fugro will support Seamec's asset management project for oil company  ONGC off the west coast of India…

Chevron Files Plans for Subsea Infrastructure Expansion at Gorgon

Jun 15, 2020

Chevron has filed an environment plant to Australian regulators related to the expansion of the subsea gathering network within the existing Gorgon and Jansz–Io offshore gas fields in Australia.Chevron Australia is the operator of the giant Gorgon project…

LOC Completes MWS Work for Qatargas' North Field Bravo Project

Jun 10, 2020

Marine and engineering consulting firm LOC Group has recently completed Marine Warranty Surveyor work for the Qatargas North Field Bravo Expansion Project, offshore Qatar.The scope of work included the review of the engineering and procedures for the design…

Bristow, Era Elect Executive Leadership Ahead of Merger Wrap

May 13, 2020

Offshore helicopter service providers Bristow and Era have elected new executive leadership to lead the company once their proposed merger is complete, which is expected to happen next month.The companies said the executive leadership team will…

Prevention is better than cure

Mar 26, 2020

It is well known that offshore steel structures are subjected to some of the harshest weather conditions and punishing marine environments, so it makes sense to use a good protective coating from the outset to safeguard those structures from corrosion…

Current News

ConocoPhillips Misses Quarterly Profit Estimates

ConocoPhillips Misses Quarterly Profit Estimates

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Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

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Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

BP Suspends Production at Azerbaijani Platform for Maintenance Works

BP Suspends Production at Azerbaijani Platform for Maintenance Works

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