Offshore Asia News - page 70


EnQuest Taps Uzma for Offshore Well Work in Malaysia

Jan 28, 2022

Oil company EnQuest has awarded a contract to the Malaysian oilfield services company Uzma Engineering for the provision of a hydraulic workover unit for EnQuest's 2022 workover program in Malaysia.Uzma's work scope includes integrated hydraulic…

Ulstein Designs SOVs for Shanghai Electric

Jan 27, 2022

Ulstein Design & Solutions, part of the Norwegian-based Ulstein Group, said it has secured ship design contracts from ZPMC for two types of service operation vessels (SOVs) that the Chinese shipyard will construct for Shanghai Electric Windpower Group…

Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Woodside Exits Myanmar, Flags $138M Profit Hit

Jan 27, 2022

Woodside Petroleum Ltd joined on Thursday multinational oil majors Chevron Corp and TotalEnergies in their plans to exit Myanmar, nearly a year after a military coup plunged the Southeast Asian nation into turmoil.Myanmar has faced unrest since…

PTTEP Awards Long-term Charter Extension for FPSO Kikeh

Jan 26, 2022

PTTEP Sabah Oil Limited, a Malaysian subsidiary of the Thai oil company PTTEP, has awarded a six-year contract extension for the FPSO Kikeh, operating in deep waters offshore Sabah, Malaysia.The charter extension news was shared this week by Malaysia's MISC…

VIDEO: Cleanup Underway after Oil Spills Offshore Thailand

Jan 26, 2022

Thailand mobilized its navy and other agencies on Wednesday to contain an oil spill after an estimated 160,000 liters (35,195 gallons) leaked from an undersea pipeline about 20 km (12.4 miles) off its industrialized eastern seaboard.The leak…

Thai PTTEP Set to Take Over Myanmar's Biggest Offshore Gas Field as Oil Majors Exit

Jan 26, 2022

Thailand's state oil and gas explorer looks set to take over Myanmar's biggest gas field, as TotalEnergies and Chevron Corp exit in the wake of last year's coup in the Southeast Asian state, analysts say.A move by PTT Exploration and Production Pcl (PTTEP) to become operator of Yadana field…

Malaysia Charges Second Aker Solutions Official with Using False Documents

Jan 26, 2022

Malaysia on Wednesday charged an official at Norway's largest oil services provider Aker Solutions, accusing him of using false documents to secure a license renewal, according to the company and a court charge sheet.Mohd Yusof Ab Rahman, 54…

Hibiscus Petroleum Completes Acquisitions of Repsol's Assets in Malaysia, Vietnam

Jan 25, 2022

Malaysian oil and gas company Hibiscus Petroleum has completed the acquisition of Repsol’s interests in oil and gas assets in Malaysia and Vietnam.The proposed agreement was first announced in June 2021, when the parties said that the purchase price would be $212…

KF Wind Gets 'Key' License for Giant Floating Wind Farm in South Korea

Jan 25, 2022

Korea Floating Wind (“KF Wind”), a joint venture between Ocean Winds and Aker Offshore Wind, has secured its first Electric Business License (EBL) from South Korea's Ministry of Trade, Industry, and Energy for a capacity of 870MW.According to Aker Offshore Wind…

Mitsubishi, NYK Buy Into SBM Offshore's Brazil-bound Almirante Tamandaré FPSO

Jan 25, 2022

Dutch FPSO leasing company SBM Offshore has agreed to sell down a 45% stake in the FPSO Almirante Tamandaré, one of the world's largest FPSOs, being built for Brazil's Petrobras.'SBM Offshore is pleased to announce that it has entered into a…

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

Jan 24, 2022

Kuwait Foreign Petroleum Exploration Company (“KUFPEC”) said Sunday that its subsidiary KUFPEC Indonesia had made a commercial discovery of gas and condensate in the Anambas Block, offshore Indonesia.  KUFPEC Indonesia made the discovery through the drilling of the Anambas-2X well…

Enauta Buys FPSO OSX-2 for Deployment at Atlanta Field

Jan 24, 2022

Brazilian oil company Enauta has agreed to buy FPSO OSX-2 for the Definitive System (DS) of the Atlanta oil field in the Santos Basin, offshore Brazil.The completion of the acquisition is contingent on compliance with the agreed contractual…

INPEX Books HAKURYU-5 Semi-submersible Drilling Rig for Japan Offshore Drilling Project

Jan 24, 2022

Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…

Blue Petra Orders Fast Crew Boat from Strategic Marine

Jan 24, 2022

Strategic Marine, a Singapore-based shipbuilder, has received an order for the construction of a 40-meter Fast Crew Boat from Blue Petra Sdn Bhd, a subsidiary of Great Ocean Supply & Services, based in Malaysia.Great Ocean is a licensed Petronas…

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