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  • MacGregor selected to supply FPSO offloading systems for CNOOC’s Liuhua 11-1/4-1 redevelopment project

MacGregor selected to supply FPSO offloading systems for CNOOC’s Liuhua 11-1/4-1 redevelopment project

MacGregor, part of Cargotec, has been selected to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project located in the east part of South China Sea. The contract…

World’s Largest Ethane Carrier Named ‘Pacific Ineos Belstaff’ At Ceremony In Texas

The world’s largest ethane carrier was named as the ‘Pacific INEOS Belstaff’ after the iconic Belstaff clothing brand, which is also owned by INEOS.  The new ship joins INEOS’s growing…

PETRONAS Collaborates With Mitsui O.S.K. Lines On Liquefied CO2 Transportation For Carbon Capture, Utilisation And Storage Value Chain

PETRONAS has signed a Memorandum of Understanding (MoU) with leading global shipping company Mitsui O.S.K. Lines, Ltd. (MOL) to jointly explore opportunities in liquefied carbon dioxide (CO2) transportation for the…

Shell Catalysts & Technologies supports seamless startup at Hyundai Chemicals HPC

Using Shell Catalysts & Technologies (SC&T) C2 FE selective hydrogenation catalyst, the Heavy-Feed Petrochemical Complex (HPC) operated by Hyundai Chemicals achieved a fast and successful startup in December 2021. Located…

Pertamina Successfully Tests the First Oil Distribution of the Rokan Pipe Project

Pertamina Group’s synergy through the Pertamina Gas Subholding Affiliate and Pertamina Upstream Subholding has produced positive results. PT Pertamina Gas (Pertagas), through a Joint Operation (KSO) with PT Rukun Raharja…

Maersk Drilling secures contract extensions for Maersk Viking in Malaysia

Sarawak Shell Berhad/Sabah Shell Petroleum Corporation (SSB/SSPC) has executed two options on the previously announced contract that will employ the 7th generation drillship Maersk Viking offshore Malaysia. The first option…

Sinopec Completes China’s First Megaton Scale Carbon Capture Project

The Qilu-Shengli Oilfield CCUS will reduce carbon emissions by 1 million tons per year China Petroleum & Chemical Corporation has completed the construction of China’s first megaton carbon capture, utilization and…

PTTEP achieves 2021 growth from success of strategic plan–Approves dividend payment at THB 5 per share

PTTEP announced improved operating results for the year 2021 with successful executions of its corporate strategies, thanks to the overseas business expansion. To foster business growth in the future, PTTEP…

PETRONAS Offers 14 Exploration Blocks, Discovered Resource Opportunities & Late Life Assets In Malaysia Bid Round 2022

PETRONAS is offering 14 exploration blocks, six clusters of Discovered Resource Opportunities (DRO) and one cluster of Late Life Assets (LLA) in its Malaysia Bid Round 2022 (MBR 2022) launched…

WOODSIDE TO WITHDRAW FROM MYANMAR

Woodside has decided to withdraw from its interests in Myanmar. Woodside has operated in Myanmar since 2013, conducting multiple exploration and drilling campaigns. It holds a 40% participating interest in the…

Hibiscus Petroleum Completes Transformative Acquisition of High Quality Oil and Gas Assets from Repsol

Hibiscus Petroleum is pleased to announce that its indirect wholly-owned subsidiary, Peninsula Hibiscus, has successfully completed the acquisition of the entire equity interest in Fortuna International Petroleum Corporation (FIPC) on…