Offshore Asia News - page 99

 

Total Won't Stop Gas Production in Myanmar. Says Abandoning Offshore Field Would Hurt Workers, Cities

Apr 05, 2021

French oil and gas group Total said it would not stop producing gas on its Yadana fields in Myanmar as long as operations remained safe, in part to protect employees there who might otherwise risk repercussions from the military junta.Total…

Indian Oil Corporation Buys Its First Johan Sverdrup Crude Cargo

Apr 05, 2021

State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday…

Petrobras Suspends MODEC from Bidding for FPSO Projects

Apr 05, 2021

Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. A day after the announcement the Japanese firm named a new CEO but…

Petronas Declares Force Majeure on Offshore Field in Myanmar

Apr 05, 2021

Malaysia's state energy firm Petronas said on Friday that its Myanmar unit had declared force majeure on its Yetagun field on Thursday due to depletion of gas production.The decision came after challenges that resulted in the production rate…

Malaysia, Brunei Formalize Unitization Deal for Two Offshore Fields

Apr 05, 2021

Malaysia, through its national oil company Petronas, on Monday today formalized a Unitisation Agreement (UA) with the Government of  Brunei Darussalam for the Gumusut-Kakap and Geronggong-Jagus East fields which straddle along the Malaysian-Brunei maritime boundary…

Japan: JERA Opens Office for Akita Offshore Wind Projects

Apr 01, 2021

Japan's JERA has opened an office in the city of Akita as a base for offshore wind projects off the coast of Akita Prefecture, Japan.Favorable wind conditions along the Japan Sea from Hokkaido to Tohoku make it a promising area with many locations suitable for offshore wind power generation…

Low Output from Cambodia's First Offshore Oil Field Hits KrisEnergy's Restructuring Plans

Mar 31, 2021

Production from the Apsara field, Cambodia's first producing offshore oil field, has been below expectations, and will almost certainly not meet the pre-development forecast of peak production of 7,500 bopd, according to KrisEnergy, the operator of the project…

KrisEnergy Finally Completes Vietnam Offshore Block Farm-out

Mar 31, 2021

After several delays, Southeast Asia-focused oil and gas company KrisEnergy has completed the farm-out of its entire 100% working interest in Block 115/09 offshore Vietnam.KrisEnergy had in February 2020 said it had struck a deal with an unnamed…

Ampelmann Clinches Eight New Projects in APAC

Mar 31, 2021

Dutch-based offshore gangway specialist Ampelmann has said it has recently secured five contracts covering eight projects in the Asia Pacific. Five of the eight are in the renewables space.'All contracts were signed in Q1 of 2021 and consist…

Sapura Energy Refinances $2.5B in Debt

Mar 30, 2021

Malaysia's largest oil and gas services provider Sapura Energy on Tuesday said it has refinanced 10.3 billion ringgit ($2.48 billion) of its debt for a period of seven years.The company said the refinancing includes an $820 million term loan facility to be offered by banks in U…

PTTEP Discovers Oil and Gas at Sirung-1 Well, Offshore Malaysia

Mar 30, 2021

Thai oil and gas company PTTEP has made an oil and gas discovery from the first exploration well, Sirung-1, in Block SK405B, off the coast of Sarawak, offshore Malaysia.Phongsthorn Thavisin, PTTEP Chief Executive Officer, disclosed that PTTEP…

OHT Sees Uptick in Demand to Transport Offshore Wind Equipment to China

Mar 29, 2021

Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China.'OHT’s fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China…

Sembcorp Marine, GE Firm Up $826M Sofia Offshore Wind Farm Contract

Mar 29, 2021

Singapore's Sembcorp Marine and GE Renewable Energy’s Grid Solutions have secured a firm contract from RWE Renewables for the supply to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia offshore wind farm…

CNOOC to Start Production from Lingshui 17-2 Offshore Field in H1 2021

Mar 26, 2021

China’s offshore oil and gas major CNOOC Ltd is expected to start production at Lingshui 17-2, a large deepwater natural gas deposit in South China Sea, in the first half of 2021, the company executive said on Thursday.Lingshui 17-2 is CNOOC’s first fully-owned deepwater gas project…

EMGS Nets 3D CSEM Survey Work in Southeast Asia

Mar 25, 2021

Norwegian offshore survey company EMGS said Thursday it had won a 3D CSEM contract in Southeast Asia. 'This is EMGS's first CSEM data acquisition contract with this customer,' EMGS said without sharing who the customer was.'The company expects…

Current News

MI-based Vestas Wind Techs Unionize

MI-based Vestas Wind Techs Uni

SeAH Wind Appoints Subcontractors for Hornsea 3 Offshore Wind Farm

SeAH Wind Appoints Subcontract

Constellation Starts Trading on Euronext Growth Oslo Exchange

Constellation Starts Trading o

VAALCO Energy Secures Up to $300M Loan to Grow its Assets

VAALCO Energy Secures Up to $3

Subscribe for OE Digital E‑News

Offshore Engineer Magazine