Offshore Asia News - page 2

 

Golar LNG Brings In Chinese Investors for FLNG Gimi Refinancing

Mar 21, 2025

Golar LNG has entered into finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for its floating liquefied natural gas (FLNG) unit Gimi.The sale leaseback facility will be approximately $1…

Apollo to Pay $1B for 25% Stake in BP Pipelines

Mar 21, 2025

U.S.-based asset management firm Apollo will purchase the 25% non-controlling shareholding in BP Pipelines (TANAP), which holds BP’s 12% interest in the Trans-Anatolian natural gas pipeline (TANAP) that carries natural gas from Azerbaijan across Türkiye…

Indian Firms Turn to Dutch Royal IHC for Deep-Sea Minerals Exploration

Mar 20, 2025

Some Indian mining and cement companies have approached Dutch shipbuilder Royal IHC for technical assistance as they prepare to bid for deep-sea mineral blocks up for auction, two sources with direct knowledge of the matter told Reuters.In November…

EnerMech Names APAC Regional Chief

Mar 20, 2025

Energy industry services firm EnerMech has appointed Jason Jeow to head up its Asia Pacific regional management.With decades of extensive experience in the energy and infrastructure sectors, Jeow joined EnerMech in February as VP Asia Pacific…

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

Mar 19, 2025

Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao I offshore wind project off the coast of Taichung in Taiwan.Fengmiao I project has secured an approximately $3…

Jadestone Submits Field Development Plan for Assets Off Vietnam

Mar 18, 2025

Asia-Pacific focused oil and gas company Jadestone Energy has submitted a field development plan (FDP) for the Nam Du/U Minh (NDUM) discoveries offshore southwest Vietnam to Petrovietnam, kick-starting the regulatory approval process.The FDP sets out a phased development concept for NDUM…

Woodside Inks Long-Term LNG Supply Deal with China Resources

Mar 17, 2025

Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…

CNOOC Starts Production at Two New Oil and Gas Projects

Mar 17, 2025

China National Offshore Oil Corporation (CNOOC) has brought on stream two oil and gas projects offshore China, which feature 'intelligent technologies' for improved efficiencies and reduced carbon footprint.The first project, Caofeidian 6-4 Oilfield Comprehensive Adjustment Project…

BP Eyes New Oil Prospects in Azeri Caspian Sea

Mar 14, 2025

BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.BP is already working on stemming declining output at producing fields in the Caspian Sea, namely the Azeri–Chirag–Gunashli (ACG) complex of oilfields and the Shah Deniz gas field…

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

Mar 12, 2025

India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies as part of a $5 billion plan to grow output five-fold in the coming years, its chairman said on Tuesday.'I want to spend $5 billion on developing my project to get to 500…

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

Mar 12, 2025

The Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive to Conrad Asia Energy, the operator of the Mako Gas field offshore Indonesia, stating that all gas produced from the field would be sold to state-owned PT…

TMC to Deliver Equipment for Genting’s FLNG Unit

Mar 12, 2025

TMC Compressors (TMC) has secured a contract to deliver a large capacity marine compressed air system to the large floating liquefied natural gas (FLNG) unit that Wison New Energies is building for Malaysia-based Genting.TMC will deliver its scope as a subcontractor to Jereh Offshore…

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Mar 11, 2025

The Offshore Renewable Energy (ORE) Catapult and the Japanese Floating Wind Technology Research Association (FLOWRA) have signed a memorandum of understanding (MoU) to work together to reduce development risks and costs of floating offshore wind…

Shell Hires Noble’s Drillship for Work in Southeast Asia

Mar 11, 2025

Brunei Shell Petroleum, a subsidiary of Shell, has awarded a contract to Noble Corporation for its Noble Viking drillship.Noble Viking drillship has been hired on a one firm well plus one option well contract for work offshore Brunei.According to Noble…

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Mar 11, 2025

Consortium partners Semco Maritime and PTSC M&C have completed the load-out and sail-away of the second and last offshore substation for the Hai Long Offshore wind project in Taiwan.The load-out and sail-away of the second substation for Hai Long 3 offshore wind farm…

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