BSE-listed Swan Energy, via its 51% subsidiary Triumph Offshore Private Limited (TOPL), said Friday it had executed a term sheet with Turkey's BOTAS to lease an FSRU vessel to the Turkish firm.The term sheet, signed on December 31, is for chartering…
Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…
Malaysian FPSO provider Yinson has partnered up with industrial software firm AVEVA to enable Yinson to develop 'fully autonomous and sustainable' Floating Production Storage and Offloading (FPSO) solutions.'AVEVA’s software, in combination with [Yinson's] FPSO expertise and extensive data sets…
Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska's North Slope to compete with Russia's Yamal project for Asian customers towards the end of this decade, its chief executive said. Major LNG importers such as Japan…
Marine seismic survey contractor Shearwater GeoServices has secured a 3D streamer survey offshore South Korea.The contract, of an undisclosed value, was awarded by Korea National Oil Corporation (KNOC).The award of the 1,200 sq. km survey marks…
Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig. One of the drillships in question is the Valaris DS-8, which secured a three-year, $500 million contract with Petrobras in Brazil…
India's top explorer, Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted on Monday.India, the world's third biggest oil importer and consumer…
Australian offshore support vessel owner MMA Offshore said Friday it had secured three contracts supporting offshore wind farm developments in Taiwan during 2023.The three contracts, with firm periods totaling 370 days, will increase the company’s…
Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…
Oman is in the preparation process to offer a new batch of oil and gas concession areas by the end of the first quarter of 2023, the energy ministry said in a tweet on Thursday.While the first batch will target onshore blocks, the Gulf-state…
Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals. ($1 = 1.3484 Singapore dollars) (Reuters - Reporting by Jaskiran Singh in Bengaluru…
Maersk Supply Service's cable-laying vessel Maersk Connector has secured a contract to continue operations on behalf of Seaway 7 until December 31, 2025.The extension follows a successful first year of working on Seaway 7’s projects in both Taiwan and the United Kingdom…
Valery Limarenko, the governor of Russia's far eastern Sakhalin island, told President Vladimir Putin on Monday that oil and gas production at the Sakhalin-1 project was less than half of that planned in 2022. The project saw a sharp decline in output following the departure of U…
The Australian offshore oil and gas company Carnarvon Energy said Wednesday that it would sell a 10% interest in each of its Bedout Basin offshore blocks, including in the Dorado offshore oil field, off Western Australia, to a subsidiary of Taiwan’s national oil and gas company…
Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…
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