Offshore Asia News - page 173


Mitra changes name to Jadestone Energy

Dec 07, 2016

Mitra Energy has changed its name to Jadestone Energy, effective immediately.  'We are moving in a new direction and we want to be defined by our actions in the years ahead rather than by the past,” said Paul Blakeley, executive chairman…

Mermaid axes subsea newbuild

Dec 07, 2016

Mermaid Maritime canceled a contract for the Mermaid Ausana, a DP2 dive support and construction vessel, with China Merchants Industry Holdings that the company ordered on 9 January 2014. Image of the Mermaid Endurer…

Höegh LNG orders more FSRUs

Dec 07, 2016

Höegh LNG inked a letter of intent (LOI) with Samsung Heavy Industries (SHI) in South Korea for one firm and three optional floating storage regasification units (FSRU). The 170,000 cu m FSRUs have regasification capacity of 750 MMcf/d and full trading capabilities…

Fugro, Shelf Subsea cancel agreement

Dec 05, 2016

Fugro has decided to no longer pursue the divestment of its subsea services business in Asia Pacific to Shelf Subsea. On 4 August 2016, Fugro announced that it had signed an agreement for the sale of its subsea services business in Asia Pacific to Shelf Subsea…

OWC consults on Taiwanese wind sector

Dec 05, 2016

Offshore Wind Consultants Ltd. (OWC) has been appointed by a Taiwanese renewables company to provide consultancy services related to wind turbine installation vessels and their suitability for different wind turbines and site locations offshore Taiwan…

Renco to spud Indonesian well

Dec 02, 2016

Renco Elang Energy is set to spud the Amanah Timur-1 exploration well in the South Block A PSC, in the North Sumatra basin of Indonesia. Assuming satisfactory rig inspection by government officials, the well is currently scheduled to spud on 5 December…

India in US$20 billion deepwater investment

Dec 01, 2016

India plans to invest US$20 billion in deepwater natural gas development in the next five to seven years, the country’s Oil Minister Dharmendra Pradhan said this week, according to news reports. Image from India's Ministry of Petroleum and Natural Gas…

Making strides: 2016

Dec 01, 2016

2016 has been a year of challenges for the oil and gas industry. Audrey Leon surveys some of the year’s notable starts. Shell’s Stones project came online in September 2016, using the Gulf of Mexico’s second ever FPSO…

Troubling trends

Dec 01, 2016

For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood’s Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk…

Wireless wells 

Dec 01, 2016

For the first time, wireless technology has been used downhole on a subsea well. John Sheehan speaks with FMC Technologies to learn more. Communicating beneath the waves.  Images from FMC Technologies…

Royal IHC bags Chinese reel lay work

Nov 30, 2016

Royal IHC has entered into a contract with Shanghai Salvage in China for the supply of an integrated 550t reel lay system, making it the first reel lay system in the Chinese market. Illustration from Royal IHC…

SPS repair on floating producer in field

Nov 30, 2016

Work to repair five separate areas on board floating production unit FPF-003, operated by Petrofac South East Asia Pte, using SPS has been completed on-station in the Mubdala, Jasmine oil field, off the coast of Thailand.     The repair work on this ABS classed vessel…

L&T unveils spool base facility in Chennai

Nov 28, 2016

L&T Hydrocarbon Engineering Ltd., a wholly owned subsidiary of Larsen & Toubro, has unveiled high-tech spool base facilities at L&T’s fabrication facility at Kattupalli, in Chennai. These facilities are being employed to execute a prestigious…

MedcoEnergi completes Conoco Natuna takeover

Nov 22, 2016

PT Medco Energi Internasional Tbk (MedcoEnergi) has completed the acquisition of ConocoPhillips Indonesia Inc. (CIIL) and ConocoPhillips Singapore Operations (CSOP), both subsidiaries of ConocoPhillips (COP). CIIL is the operator of the…

OGCI invests in low emissions technologies

Nov 22, 2016

In this video from Shell, the supermajor shows its efforts, along with six other major oil and gas companies, to invest US$1 billion to reduce methane emissions and accelerate deployment of carbon capture utilization and storage. The companies…

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