Offshore Asia News - page 128


Indonesia OKs Coro's Duyung PSC Farm-In

May 22, 2020

Southeast Asian focused upstream oil and gas company Coro Energy has received all the necessary approvals by the Indonesian Government and has completed the acquisition of an interest in the Duyung offshore block, containing the Mako gas field…

2H Offshore Installs Wellhead Platform Offshore Malaysia

May 21, 2020

2H Offshore, an Acteon company, has completed the installation of a lightweight, conductor supported, minimum facility wellhead platform offshore Sarawak, Malaysia.The company was responsible for the concept, detailed design, transportation…

LOC to Provide MWS Services for Ørsted Taiwan Offshore Wind Farms

May 20, 2020

Danish offshore wind developer Ørsted has contracted LOC for the provision of Marine Warranty Survey services (MWS) for the Greater Changhua 1 & 2a offshore wind farms in Taiwan.Under the agreement, LOC will provide MWS services for the transportation & installation of the export and array cables…

Japan's JXTG to Spend $14B on Low-Carbon Transformation

May 20, 2020

JXTG Holdings Inc, Japan's biggest oil refiner, said on Wednesday it will spend 1.5 trillion yen ($14 billion) for the next three years to drive its transformation into a supplier of low-carbon energy and materials.The planned spending, mapped…

Tanjung Offshore Nets 4-Year Contract with Hess

May 20, 2020

Malaysian offshore services provider Tanjung Offshore has secured a contract with Carigali Hess Operating Company, a Malaysian subsidiary of the U.S. oil company Hess Corp.The contract is for the provision of onshore fabrication, offshore hook-up and commissioning for infill flowlines…

KrisEnergy's Ang Becomes Permanent CFO

May 19, 2020

Southeast Asia-focused oil company KrisEnergy has appointed Joanne Ang, currently the Group’s interim Chief Financial Officer (“CFO”), as a permanent CFO.“The Board has reviewed and considered the qualifications, relevant experience and past performance of Ms…

U.S. Tops List of Most Attractive Countries for Renewables Investments. Overtakes China

May 19, 2020

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.In…

Chinese Survey Ship Leaves Malaysian Waters After Standoff

May 15, 2020

A Chinese survey ship that had been involved in a month-long standoff with a Malaysian oil exploration vessel in the South China Sea has left Malaysia’s exclusive economic zone (EEZ), shipping data showed on Friday.Since mid-April, the Haiyang Dizhi 8 had been surveying in the EEZ…

Copenhagen Offshore Partners Opens Vietnam Office

May 15, 2020

Copenhagen Offshore Partners, a Danish company providing project development, construction, and operational management services to offshore wind projects, has opened its new office in Hanoi, Vietnam. The office is located within the French Quarters…

VIDEO: SBM Offshore's Liza Unity FPSO Moves to Dry Dock

May 15, 2020

SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…

Eni Suspends SSV Catarina Offshore Drilling Rig

May 15, 2020

Italian oil and gas company Eni has suspended works carried out by the SSV Catarina semi-submersible drilling rig offshore Indonesia.This was revealed by Singapore-based KS Energy, which last year won the contract with Eni, as part of a joint venture with Universal Energy Resources…

Siemens Gamesa to Build Offshore Wind Nacelle Hub in Taiwan

May 15, 2020

Offshore wind turbine maker Siemens Gamesa Renewable Energy plans to expand its offshore wind turbine nacelle assembly facility in Taichung, Taiwan to form a regional offshore wind nacelle industrial hub together with Taiwan-based suppliers…

Seadrill: West Polaris Drillship Contract Cut Short

May 14, 2020

Offshore drilling firm Seadrill Partners has said it has received a notice of termination for the 2008-built West Polaris drillship contract.'As a result, the contract is expected to conclude in early November 2020, and the backlog is expected to decrease by approximately $23 million…

Mubadala, Tap Oil Sanction Three-Well Drilling Program at Manora Field

May 14, 2020

Mubadala Petroleum and its partner Tap Oil have approved the 2020 Manora field development drilling program, with the first well set for spud this week.Tap Oil said Thursday that the three-well drilling campaign at the Gulf of Thailand would…

Awilco Drilling Posts 'Nil' in 1Q Revenue. In Talks for Newbuilds Funding, Deployment

May 13, 2020

Oslo-listed offshore drilling contractor Awilco Drilling did not generate revenue during the first quarter of 2020, and it on Wednesday reported a net loss of $9,4 million. However, the company is optimistic about the future, that is, when its high-end rigs…

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