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…
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,…
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…
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…
Asia’s Largest Jacket “Haiji-1” Successfully Installed Offshore
EPCI contractor Offshore Oil Engineering CO.LTD (hereinafter referred to as COOEC) successfully launched “Haiji-1″，the largest deep water jacket in Asia, into position with high accuracy in the eastern waters of South…
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Design Re-uses LNG Carrier Tanks to Simplify FLNG Construction
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and JGC CORPORATION (JGC) jointly developed a new concept of FLNG (floating LNG) Hull (Note 1) and have received Approval in Principle (AIP) (Note 2) from…
PETRONAS Achieves First Hydrocarbon From Bukit Tua Phase-2B Project in Indonesia
PC Ketapang II Ltd. (PCK2L), a subsidiary of PETRONAS, has achieved its first hydrocarbon in the successful drilling of the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block,…
PVTrans receives and puts 2 new chemical tankers into operation, anticipating economic recovery after Covid-19
Continuing to implement the long-term strategy of fleet development and rejuvenation, in March 2022, two member units of Petrovietnam Transportation Corporation (PVTrans) received 2 more new oil/ chemical tankers. On…
Deepocean Acquires Installit To Accelerate Offshore Renewables Growth
DeepOcean Group has entered into an agreement to acquire Norwegian engineering and technology company Installit AS and its subsidiaries to strengthen the group’s offering within offshore renewables. “The acquisition of…
Shearwater GeoServices awarded 3D survey, imaging, and reservoir characterization contract in Korea
Shearwater GeoServices has been awarded the contract for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (KNOC). This is…
Vestas extends track record in Taiwan with a 295 MW offshore order
Vestas has secured a 295 MW order for thirty-one Vestas V174-9.5 MW wind turbines from Foxwell Energy Corporation Ltd. (Foxwell) for the TPC Offshore Wind Generation Project Phase 2 in Taiwan. The project is developed and owned by Taiwan Power…
Two significant milestones for the HKZ offshore grid connection project
Alpha ready to land offshore wind power and Beta topside installed Hollandse Kust (zuid) Alpha, our client TenneT’s high voltage connection for the Netherlands’ offshore wind farms HKZ I and…