Offshore Asia News - page 56


Dijkstra Takes Over as Jadeston Energy CFO

Aug 22, 2022

Bert-Jaap Dijkstra was officially appointed Chief Financial Officer and director of the oil and gas company on Monday, 22 August 2022.Dijkstra joins Jadestone Energy from SBM Offshore, the Dutch FPSO leasing specialist. His planned appointment was first announced in June 2022…

Sapura Energy Sells Three Offshore Rigs for Scrap

Aug 22, 2022

Malaysian company Sapura Energy has agreed to sell three tender-assisted drilling rigs to NKD Maritime Limited for an aggregate cash consideration of $8,2 million.'The disposal of the rigs was carried out by way of tender exercise. Based on an informal market survey…

Japanese Firms Working on Ammonia Floating Storage & Regasification Barge

Aug 22, 2022

NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) have signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the…

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

Aug 19, 2022

Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in the country's East and West coasts.The two oil explorers…

FEED Contract Awarded for Ulsan Gray Whale 3 Floating Wind Farm in S. Korea

Aug 17, 2022

Technip Energies, in consortium with Subsea 7 and Samkang M&T, has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea…

Semco Maritime, PTSC M&C to Build Substations for Offshore Wind Project in Taiwan

Aug 17, 2022

Hai Long Offshore Wind Project has awarded the EPC contract to a consortium consisting of Semco Maritime and PTSC M&C for the two offshore substations for the Hai Long 2 and Hai Long 3 wind farms offshore Taiwan. The consortium was named a Preferred Supplier back in October 2021…

Mainstream and Aker Offshore Wind Merger Completed

Aug 16, 2022

The transaction to combine Mainstream Renewable Power and Aker Offshore Wind to form a renewable company with a 27 GW portfolio has closed. The deal was first announced on July 12.Aker Horizons entered into an agreement with Aker Mainstream Renewables…

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Aug 16, 2022

Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…

Dayang Pens Deal with Shell for Dayang Cempaka Vessel

Aug 16, 2022

Malaysia's Dayang Enterprise has won a contract with Shell for the supply of landing craft tank (LCT) Dayang Cempaka in Malaysia.Dayang won the contract through its subsidiary DESB Marine Services (“DESB Marine”).The value of the contract is…

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Aug 12, 2022

Asia Pacific-focused oil and gas company Jadestone has decided to shut production from its Montara field FPSO in the Timor Sea, off Australia, to allow for repairs on a tank that leaked oil back in June through a 30-millimeter crack.While the…

Sapura Energy Wraps Sale of Sapura 3000 Pipelayer

Aug 12, 2022

Malaysian offshore services company Sapura Energy has completed the sale of its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies…

Sembcorp Marine Cuts Losses as Easing COVID Curbs Aid Project Deliveries

Aug 11, 2022

Singapore's Sembcorp Marine Ltd (Sembmarine) said on Friday its half-year loss narrowed 78% from a year earlier, as the oil rig builder finished delayed projects after pandemic curbs were eased while also benefiting from cost management.The…

Germany's RWE Widens Global Search for LNG Supplies

Aug 11, 2022

RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier…

INPEX Files $970M Claim Against DSME for Ichthys Venturer FPSO Work

Aug 10, 2022

Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…

Vietnam Needs $8B -$14B Power Investment a Year Through 2030 - minister

Aug 10, 2022

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday.Of the amount, 75% would be spent on new power plants, with priority given to renewable sources…

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