Offshore Asia News - page 74

 

Hi-Float: Hyundai Heavy Gets BV AiP for Floating Wind Turbine Foundation

Dec 01, 2021

Bureau Veritas (BV) has granted an Approval in Principle (AiP) to Hyundai Heavy Industries for its design and development of “Hi-Float”, a floating offshore wind turbine foundation. The offshore floating wind substructure “Hi-Float” is designed…

Keppel, Ørsted in Offshore Substation Pact

Nov 30, 2021

Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…

PTTEP Finds More Gas in Block SK417 Offshore Malaysia

Nov 30, 2021

Thai oil company PTTEP said Tuesday it had made a gas discovery at Nangka-1, its second exploration well in Block SK417, offshore Malaysia. The block is located in the shallow waters of Baram Province, around 180 kilometers off the coast of Sarawak…

First Turbine Operational at Yunlin Offshore Wind Farm in Taiwan

Nov 30, 2021

French energy industry giant TotalEnergies on Tuesday announced the start-up of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May…

Expro Reels in $50M Worth of Subsea Contracts in Malaysia, Australia

Nov 29, 2021

Oilfield services firm Expro said Monday it had secured four 'significant' subsea well access contracts in Malaysia and Australia worth more than $50 million. Two contracts are in Australia and two in Malaysia. One contract is with Shell in Malaysia…

Shell, CoensHexicon JV Gets EBL for Floating Wind Project in South Korea

Nov 29, 2021

MunmuBaram, a joint venture between Shell and CoensHexicon, has secured an Electricity Business License (EBL) for its floating offshore wind project off the coast of Ulsan, South Korea. The EBL from the Ministry of Trade, Industry, and Energy…

Indonesia Offers 8 Oil and Gas Blocks for Bids

Nov 29, 2021

Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday.The oil and gas blocks had a total capacity of…

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Nov 26, 2021

Thailand's state-owned oil firm PTT is set to expand further into pharmaceuticals as part of a consortium acquiring a unit of drugmaker Alvogen, the parent of Taiwan's Lotus Pharmaceutical, PTT said on Friday.A consortium of PTT and Icelandic…

First Steel Cut, Name Revealed for Seaway 7's WTIV

Nov 26, 2021

Seaway 7, a company specializing in offshore wind installation services, has informed that construction has started for its next-generation Wind Turbine Installation Vessel (WTIV) at the China Merchants Heavy Industry (CMHI) facility in Jiangsu…

U.S., Global Partners Challenge OPEC+ with Coordinated Release of Oil From Reserves

Nov 23, 2021

The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude…

India: ONGC Awards Shelf Drilling Rig a Three-year Deal

Nov 23, 2021

Shallow water drilling contractor Shelf Drilling has secured a three-year contract for one of its jack-up rigs in India.The contract, with India's national oil company ONGC, is for the Ron Tappmeyer jack-up drilling unit, for offshore operations in Indian waters…

LS Cable & System and Jan De Nul Complete Batch of Subsea Cables for TenneT

Nov 22, 2021

LS Cable & System and Jan De Nul Group on Monday announced the completion of the construction of the first batch of subsea power cables in South Korea for TenneT’s offshore projects Hollandse Kust (noord) and (west Alpha) in the Netherlands…

Offshore Wind: Keppel O&M to Build Topsides for Two Offshore Substations

Nov 22, 2021

Singapore's Keppel Offshore & Marine has secured a contract from an undisclosed renewable energy company to build two offshore substation topsides (OSS) worth around S$110 million (around 73,4 million U.S. dollars).Keppel O&M, through its subsidiary Keppel Fels…

FPSO Compressor Fault Affects Pharos' Vietnam Output. Infill Drilling Campaign Complete

Nov 18, 2021

Pharos Energy plc, an oil and gas exploration and production company, with an interest in the TGT field offshore Vietnam, has completed the first phase of the infill development drilling program at the field, however, it has also experienced a setback with an FPSO compressor…

Asian Countries Looking to Release Oil Reserves after U.S. Request

Nov 18, 2021

The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices.The U.S. move reflects frustration…

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