Ørsted trials turning offshore wind turbine foundations into safe havens for corals
Ørsted, the world’s most sustainable energy company, is planning a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations. Together with Taiwanese partners, the company…
Shell to acquire Sprng Energy group, one of India’s leading renewable power platforms
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for…
PETRONAS Withdraws from Yetagun Field Offshore Myanmar
PETRONAS’ subsidiaries, PETRONAS Carigali Myanmar Inc (PCMI) and PC Myanmar (Hong Kong) Limited (PCML) announced their withdrawal from Blocks M12, M13 and M14 located in the Yetagun field, offshore Myanmar.…
Fuel Production of Pertamina Plaju Refinery in Quarter I 2022 Exceeds Target
PT Kilang Pertamina Internasional Plaju Refinery Unit III (Pertamina Plaju Refinery) recorded production that exceeded the first quarter of 2022 target. Until March 2022, the realization of Oil Fuel (BBM)…
PTTEP becomes operator of G1/61 and G2/61, pushing forward production ramp-up to serve energy demand of the country
PTTEP becomes the official operator of the G1/61 project (Erawan, Platong, Satun and Funan fields) and the G2/61 project (the Bongkot field) under the Production Sharing Contract (PSC). The company…
CNOOC Announces 2 Projects Commenced Production
CNOOC Limited announced today that Luda 5-2 oilfield north phase I project and Kenli 6-1 oilfield 4-1 block development project have commenced production. Luda 5-2 oilfield north phase I project…
Exhibitor Directory is now live for WGC2022!
AustralAsia Resources News Magazine by A Horizon publications is exhibiting (stand no.4885, East Wing Hall) at the World Gas Conference (WGC) 2022 and look forward to meet with the industrial…
Agreement to divest the FPSO Polvo to BW Energy
BW Offshore has signed an agreement for the sale of the FPSO Polvo to BW Energy for a total consideration of USD 50 million. The sale will be completed no…
PETRONAS Welcomes SK earthon as New Upstream Investor and Operator in Malaysia
PETRONAS today signed a Production Sharing Contract (PSC) with SK earthon Co., Ltd. (SK earthon) and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast…
Tidewater Announces Completion of Swire Pacific Offshore Acquisition
Tidewater Inc. (TDW) announced the completion of its acquisition of Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited, effective April 22, 2022. The completion of the…
Havfram wins offshore wind contract
Havfram, an international subsea and offshore wind contractor, is pleased to announce the award of a contract on the Yunlin Offshore Windfarm which is being developed offshore Taiwan. The contract,…
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Well intervention services demand to foster coiled tubing market trends
The oil and gas industry enjoys a strong position in the world currently with nearly 95.55 million barrels of oil being produced daily in 2021. Predictions have been made that…
Taiwan’s biggest offshore wind farm generates first power
Ørsted today announced the successful delivery of the first power from the Greater Changhua 2a Offshore Wind Farm. This represents a big achievement for Ørsted and the industry as Greater…
Keppel O&M delivers the first dual-fuel dredger in Singapore
Keppel Offshore & Marine Ltd (Keppel O&M) has delivered the first dual-fuel Trailing Suction Hopper Dredger (TSHD) built in Singapore to Van Oord with no loss-time incidents. Named Vox Ariane, the…
New Roadmap Shows Potential for 40GW of Offshore Wind by 2050 in the Philippines
A new roadmap released today by the Department of Energy (DOE) and the World Bank Group (WBG) shows that the Philippines has potential to install 40GW of offshore wind power…