Offshore Asia News - page 149


Java Sea Oil Spill Clean-up Continues

Aug 08, 2019

Clean-up efforts after an oil spill from a well in Indonesia's Java Sea will take until at least March next year, state energy firm Pertamina said on Thursday as it struggles to plug the underwater leak.The spill started on July 12 when Pertamina…

EFMS Install Uptick on Malaysian OSVs

Jul 31, 2019

Marine diesel power specialist Royston reports that it is working with a number of international oil companies (IOCs) operating in Malaysia to equip oilfield supply contract vessels (OSVs) with specialist electronic fuel management systems.In recent months…

Australia Ratifies Maritime Boundaries with East Timor

Jul 29, 2019

Australia passed a legislation that sets down maritime boundaries with East Timor on Monday, providing a framework for the two countries to split revenue from the offshore Greater Sunrise natural gas field.Both sides signed the historic treaty…

Ocean Monarch Mobilises to Otway

Jul 29, 2019

Australian upstream oil and gas exploration and production company Cooper Energy  announced the semi-submersible drilling rig Ocean Monarch, operated by Diamond Offshore, has commenced mobilisation from the Gippsland Basin to the Otway Basin where it is to drill 2 offshore gas exploration wells…

Indonesia Offers Four New Offshore Blocks

Jul 26, 2019

Indonesia's energy ministry offered four new oil and gas blocks including Cendrawasih VIII block off Papua shore which is estimated to have 3.8 trillion cubic feet of gas and 1 billion barrels of oil resources, deputy energy minister Arcandra Tahar told reporters on Friday…

Transocean Reports New Contracts

Jul 26, 2019

The world's second largest offshore drilling contractor Transocean has revealed three new contract awards and a pair of extensions for the last quarter in its latest fleet status report.The Switzerland-based offshore driller said in the status…

Husky Energy Beats Profit Estimates

Jul 25, 2019

Husky Energy Inc reported a better-than-expected quarterly profit on Thursday, as higher Canadian crude prices following Alberta government's mandatory output cuts more than offset the company's lower production and weak refining margins.The Calgary-based company said average realized prices rose 7…

Eni Announces Gas Find Offshore Vietnam

Jul 24, 2019

Eni's Ken Bau 1X exploration well in block 114 of the Song Hong Basin offshore Vietnam has proven the presence of gas and condensate in the Ken Bau prospect, the Italian supermajor announced on Wednesday.The exploration well was drilled at 95 meters water depth and reached a total depth of 3…

ADNOC, Pertamina Ink Development Pact

Jul 24, 2019

The Abu Dhabi National Oil Company (ADNOC) signed an agreement on Wednesday with Indonesia's state-owned energy company PT Pertamina for oil and gas collaboration in both countries and globally, ADNOC said in a statement.The comprehensive strategic…

DNV GL Opens 1st LiDAR Test Site in Asia

Jul 22, 2019

Global certification group DNV GL has launched its first LiDAR verification site in Asia to cater for the growing windpower market.The world’s largest resource of independent energy experts and certification body said in a press release that the site…

Heerema Wins Taiwan Offshore Wind Contract

Jul 22, 2019

The Netherlands based offshore contractor Heerema Marine Contractors said it has been awarded a contract to support the construction of an offshore wind farm project in Taiwan. Assigned by the Taiwan branch of Jan de Nul, Heerema will take on…

Vietnam, China in South China Sea Standoff

Jul 17, 2019

Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam's exclusive economic zone, two Washington-based think-tanks said on Wednesday…

Partners Eye Floating Wind in South Korea

Jul 11, 2019

A consortium of companies including Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) aim to develop a floating offshore wind project off the coast of Ulsan, South Korea.The 200 megawatt…

JDR Cables Inks MOU with Taya Group

Jul 10, 2019

Cables manufacturer JDR Cables said it has signed a memorandum of understanding (MOU) with Taya Group, an electric wire and land cable manufacturer in Taiwan, which will see two companies collaborate on localization opportunities on future renewable energy projects in the area…

CNOOC, Sinopec Form Exploration Partnership

Jul 10, 2019

China's offshore oil and gas specialist CNOOC Ltd said on Wednesday it entered a framework deal with China Petroleum and Chemical Corp, or Sinopec Corp, to jointly study and explore mostly offshore oil and gas blocks.Under the deal, the two…

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