Offshore Asia News - page 2

 

Yunlin Offshore Wind Farm in Taiwan Becomes Fully Operational

Mar 04, 2025

Yunneng Wind Power joint venture partners have inaugurated the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW.Yunneng Wind Power joint venture consists of TotalEnergies with 29…

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Mar 03, 2025

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Manora field, offshore Gulf of Thailand.Manora field is located in license G1/48, where Valeura Energy holds a 70% operated working interest.Valeura drilled a five well program…

ST Engineering Hires Kongsberg to Equip New W2W Vessel

Feb 28, 2025

Kongsberg Maritime has secured a contract for the design and integrated equipment package for a new walk-to-work offshore service vessel (OSV), to be built by ST Engineering Marine in Singapore for an oil and gas company.The 97-metre vessel…

Marine Masters Secures Wellhead Platforms Installation Job Off India

Feb 27, 2025

Dutch offshore contractor Marine Masters has secured work on an offshore installation project for the greenfield Bhasker A & B platforms, designed and constructed by Indian energy company SunPetro.The project, managed by main installation contractor…

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Feb 27, 2025

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project…

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

Feb 27, 2025

Abu Dhabi National Oil Company (ADNOC) has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its lower-carbon Ruwais LNG project…

Eni, Petronas to Set Up Joint Venture for Assets in Indonesia and Malaysia

Feb 27, 2025

Eni and Petronas have signed an exclusive memorandum of understanding (MoU) to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia.Both companies believe…

First Steel Cut for North Star’s Hybrid-Electric SOV for EnBW

Feb 26, 2025

North Star and its shipbuilding partner Cochin Shipyard have cut first steel on EnBW’s new hybrid-electric service operations vessel (SOV), which is on decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany from the end of 2026…

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Feb 26, 2025

Malaysia-based offshore services firm Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts for drilling-related services with oil and gas companies, worth over $720 million.Sapura Drilling won two contracts…

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Feb 25, 2025

Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday…

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

Feb 21, 2025

Petronas, through Malaysia Petroleum Management (MPM), has concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two Production Sharing Contracts (PSCs), located off the coast of Sabah. The state-owned energy giant has also launched MBR 2025…

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Feb 21, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Luda 5-2 North Oilfield Phase II Development Project in the central part of Bohai Sea.The main production facilities at the project…

Japan's Japex Shifts Back to Oil and Gas Investments

Feb 20, 2025

Japan Petroleum Exploration (Japex) is prioritizing investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables businesses, its president said.'For now, the investment…

Agogo FPSO Set to Sail to Azule Energy’s Field Offshore Angola

Feb 20, 2025

The Agogo floating, production, storage and offloading (FPSO) unit is ready to set sail from Chinese shipyard to Azule Energy’s development offshore Angola.Yinson Production has officially named the Agogo FPSO at a grand naming and sail away…

Yinson Widens CCS Portfolio with Stella Maris Acquisition

Feb 19, 2025

Yinson Production has completed the acquisition of Norway-based carbon capture and storage (CCS) company Stella Maris CCS from Altera Infrastructure.Stella Maris is developing a full CCS value chain, including carbon capture, intermediate storage…

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