Offshore Asia News - page 4

 

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…

Louis Dreyfus Picks Chinese Shipyard to Build Three New SOVs for Vattenfall

Feb 19, 2025

French ship owner Louis Dreyfus Armateurs (LDA) has selected SALT as the naval architect and Shanghai Zhenhua Heavy Industries Company (ZPMC) as the shipyard for the construction of three new service operation vessels (SOVs) ordered by Vattenfall…

Tokyo Gas Enters LNG Market in Philippines

Feb 19, 2025

Tokyo Gas said on Wednesday it had made its first foray into a commercially operational terminal for liquefied natural gas outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.Financial terms of the deal for the stake in FGEN LNG…

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

Feb 19, 2025

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a company executive and LSEG vessel tracking data seen on Tuesday…

James Fisher Launches Japanese Business Unit

Feb 18, 2025

James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move…

NYK Becomes Co-Owner of N-O-G as it Eyes Offshore Wind Growth

Feb 18, 2025

NYK Line has become a co-owner of the crew transfer vessel (CTV) operator Northern Offshore Group (N-O-G) with the most recent investment, in preparation for the anticipated future expansion of offshore wind in waters closer to Japan.N-O-G operates…

Ørsted Kicks Off Construction of 920MW Offshore Wind Farms in Taiwan

Feb 18, 2025

Ørsted has started the offshore construction for the Greater Changhua 2b and 4 offshore wind farms in Taiwan, which have the combined capacity of 920 MW.Ørsted was awarded the 920 MW Greater Changhua 2b and 4 offshore wind farms in June 2018…

MOL, Fukada to Collaborate on T&I Vessels for Floating Wind Turbines

Feb 14, 2025

Mitsui O.S.K. Lines (MOL) and Fukada Salvage & Marine Works have signed a memorandum of understanding to explore collaboration on transportation and installation (T&I) vessels for floating offshore wind turbines.Under the MoU, MOL and Fukada…

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