Offshore Asia News

 

China’s CNOOC Brings Bohai Sea Oil Field On Stream

17 hours ago

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Suizhong 36-2 oilfield 36-2 block development project in Bohai Sea.The main production facility is a new unmanned wellhead platform. A total of 21 development wells are planned to be commissioned, including 16 production wells and five water-injection wells, CNOOC said.The project, located in Liaodong Bay in Bohai Sea…

Equinor Gets Power Contract Offer for South Korea’s Floating Wind Farm

Dec 19, 2024

Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company said on Thursday.'We have received an offer for an offtake contract for our Bandibuli project…

Fifth FPSO for Petrobras’ Mero Field En Route to Brazil (Photos)

Dec 19, 2024

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…

Toyo Buys SMD’s ROV Trencher for Japan’s Offshore Wind Sector

Dec 19, 2024

Toyo Construction has acquired a trenching ROV from underwater technology and services company SMD, as part of its investment strategy aimed at Japan’s emerging offshore wind sector.The ROV will form part of Toyo’s expanding fleet of assets…

ABS Approves Hanwha Ocean’s FPSO Design

Dec 19, 2024

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2…

Bureau Veritas, SHI Partner Up for Floating Storage and CCS Solutions

Dec 18, 2024

Bureau Veritas Marine & Offshore (BV) and Samsung Heavy Industries (SHI) have partnered up to develop Floating CO2 Storage Units (FCSU) and Carbon Capture and Storage (CCS) projects in the Republic of Korea in an effort to cut greenhouse gas emissions…

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Dec 18, 2024

Golar LNG has decided to call off the floating liquefied natural gas (FLNG) vessel conversion job with Seatrium, following the sale of a Moss type liquefied natural gas (LNG) carrier Golar Gandria for demolition.The first two floating liquefaction…

Transocean’s Drillship to Stay in India Under New $111M Deal

Dec 18, 2024

India-based oil company Reliance Industries Limited has exercised an option under the previously agreed firm contract with Transocean for its Dhirubhai Deepwater KG1 drillship.Offshore drilling contractor Transocean informed that a four-well…

Penta-Ocean Orders Its First CLV to Expand Offshore Wind Service Offering

Dec 17, 2024

Japan-based Penta-Ocean Construction has signed a shipbuilding contract with PaxOcean Group for the construction of a self-propelled large-scale cable laying vessel (CLV), expanding its capabilities from offshore wind turbine construction to power cable laying for the industry…

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Dec 16, 2024

China's CNOOC has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.The Chinese oil and gas major said CNOOC Energy Holdings U…

Nexif Ratch Energy’s 500MW Offshore Wind Farm in Philippines Gets Gov Backing

Dec 13, 2024

Nexif Ratch Energy’s San Miguel Bay offshore wind project in the Philippines has been granted the Certificate of Energy Project of National Significance (CEPNS) by the country’s energy department.The 500 MW offshore wind project, located in San Miguel Bay…

Sunda Energy, Timor-Leste Gov Plan Accelerated Chuditch Gas Development

Dec 12, 2024

Sunda Energy has signed a memorandum of understanding (MoU) with Timor-Leste government and state-owned companies, setting out the framework for joint evaluation of a development concept for gas resources on the Chuditch PSC, including pipeline…

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

Dec 11, 2024

Italian classification and marine engineering consultancy RINA has secured a contract from Petronas CCS Solutions to carry out a pre-FEED study for a carbon capture and storage (CCS) project in Malaysia.The contract covers the Northern hub, located in Kerteh…

Ørsted Sells 50% Share in Taiwanese Offshore Wind Farm for $1.6B

Dec 11, 2024

Ørsted has signed an agreement with Taiwan-based Cathay Life Insurance and its affiliate Cathay Wind Power Holdings for the sale of 50% stake in 583 MW Greater Changhua 4 offshore wind farm in Taiwan for $1.63 billion.Ørsted will continue to own the remaining 50 % ownership stake in the wind farm…

TotalEnergies Wraps Up Acquisition of SapuraOMV’s Gas Assets

Dec 10, 2024

French energy major TotalEnergies has completed the acquisition of OMV’s and Sapura Upstream Assets’ in SapuraOMV Upstream (SapuraOMV), an independent gas producer in Malaysia.SapuraOMV’s main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310…

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