Offshore Asia News - page 35

 

PGS, TGS, and SLB in Offshore Seismic Data Reprocessing Deal in Sarawak Province, Malaysia

Jun 26, 2023

Norwegian offshore seismic firm PGS and JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia. This will be achieved by reprocessing…

Indonesia Sets a July Deadline for IDD Offshore Gas Project Divestment

Jun 26, 2023

The Indonesian government hopes to have the matter of the operatorship of the Indonesia Deepwater Development (IDD) gas project settled by next month after years of delay, the energy minister said on Friday.Operator Chevron, which owns a 62% stake…

Pertamina, Petronas Aim to Replace Shell in Masela Project, Indonesia Minister says

Jun 26, 2023

State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said on Monday.Shell has been seeking to divest its 35% share in Masela and…

Qatar Strikes Second Big LNG Supply Deal with China

Jun 20, 2023

Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…

China Steps Up Purchases of Nigerian Crude

Jun 16, 2023

Differentials for some grades of Nigerian crude rose on Friday, while Chinese refiners stepped up purchases of crude from other West African exporters.At least around 35 cargoes of Nigerian crude for loading in June and July have yet to find a buyer…

Kim Heng Offshore & Marine Partners with KOM for Offshore Projects in South Korea

Jun 15, 2023

Singapore's offshore services firm Kim Heng has via its subsidiary, Kim Heng Offshore & Marine Pte entered into a non-binding memorandum of understanding with South Korea's KOMS CO. LTD. (“KOM”).Under the MoU the two companies plan to cooperate…

Will India's New Wind-energy Push Make Green Jobs Fly?

Jun 15, 2023

As a child, Nandha Kishore S.R. was fascinated by the wind turbine installed at a wind energy institute near his home in southern India and dreamt of one day operating such equipment.Years later, the engineering graduate trained at the same institute in Chennai and started working in the sector…

Indian Oil Firm Moves 36 Offshore Drilling Rigs Ahead of Monsoon Season

Jun 13, 2023

India’s Oil and Natural Gas Corporation (ONGC) has recently moved 36 offshore drilling rigs to new locations in advance of the monsoon season, with assistance from ABL.'ABL have assisted as tow master and marine warranty service (MWS) provider on the rig moves…

DNV, Institute of Energy Vietnam, and PTSC M&C Join Forces to Propel Vietnam's Offshore Wind

Jun 13, 2023

DNV, Institute of Energy Vietnam, and PTSC M&C have signed a memorandum of understanding to deliver one of Vietnam’s first offshore wind power assets.With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power…

Valeura Energy Wraps Nong Yao Field Infill Drilling Campaign, Moves Rig to Manora Field

Jun 13, 2023

Valeura Energy said Tuesday it had completed the Nong Yao field infill drilling campaign in Thailand and recent increases in oil production.Valeura has drilled two horizontal infill wells on its Nong Yao oil field at Licence G11/48 in Thailand…

MOL's Investment to Expedite Final Investment Decisions on Delfin's FLNG Vessels

Jun 09, 2023

Japan's Mitsui O.S.K. Lines (“MOL”) has entered into a strategic investment agreement with Delfin Midstream Inc, a company developing floating LNG solutions for LNG exports from North America to global clients.As part of the agreement, MOL will…

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

Jun 08, 2023

Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…

Pertamina Set to Take Over Shell's Shares in Masela Gas Project

Jun 06, 2023

Indonesian state energy firm Pertamina is finalizing an acquisition of Shell's shares in the country's Masela gas project, its chief executive officer said on Tuesday.Indonesia's energy minister on Monday said Pertamina was leading a consortium…

CGG's Sercel Sells 6000 Seabed Nodes to Sinopec

Jun 06, 2023

French seismic data firm CGG said Tuesday that its subsidiary Sercel had made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining, and distribution company. Over 6,000 nodes will be deployed…

Vietnam: FSO PTSC Bien Dong 01 Contract Renewed for 5 Years

Jun 06, 2023

PTSC South East Asia (PTSC SEA) has received a 5-year extension for the bareboat charter contract for FSO PTSC Bien Dong 01.PTSC South East Asia is a joint venture between Malaysia's Yinson Production (“YP”) and PetroVietnam Technical Services Corporation (PTSC)…

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