The 300 MW Zhong Neng offshore wind farm in Taiwan, developed by Copenhagen Infrastructure Partners and China Steel Corporation (CSC), has been inaugurated after completing construction ahead of ahead of schedule.Zhong Neng is the first offshore…
Santos has concluded negotiations for the divestment of partial stake in an offshore gas project to TIMOR GAP, which will join the Bayu-Undan project as partner.Santos said the Bayu-Undan Joint Venture (BUJV) and TIMOR GAP have agreed terms…
Offshore drilling contractor Transocean has secured a $123 million contract with Reliance Industries for Dhirubhai Deepwater KG1 ultra-deepwater drillship.Transocean and Reliance Industries signed a binding letter of award for the Dhirubhai Deepwater KG1 for six wells offshore India…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.The main production facilities include a new wellhead platform and an oil and gas processing terminal…
Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.'A total of 40 LNG cargoes of approximately 4 billion cubic meters will be delivered…
Mammoet and Samyang Marine Group have entered into a new partnership to provide heavy lifting and transport solutions for South Korea's offshore wind sector.The collaboration is set to establish Offshore Service Port (OSP) facilities to serve projects across sectors in South Korea…
DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed…
Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are…
Chinese offshore oil and gas major CNOC posted record first-half profit on Thursday, boosted by output growth and higher oil prices.Net profit attributable to shareholders rose 25% to 79.73 billion yuan ($11.19 billion), CNOOC said in a filing with the Hong Kong Stock Exchange…
Shearwater Geoservices announced it has secured a three-month extension to the deepwater ocean bottom node (OBN) survey off the coast of India.The extension builds on an initial six-month scope using the SW Tasman, Sheawater's purpose-built seismic source and dual ROV operations vessel…
Indonesia has approved a development plan for the first phase of the Geng North gas field operated by Italy's Eni in the Makassar Strait, the upstream oil and gas regulator SKK Migas said in a statement on Friday.The approval also covered the development of the nearby Gehem field…
Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.Vietnam has attracted international…
Canada-based Northland Power has confirmed a carbon dioxide leak on the Hai Long Changhua onshore substation, part of its offshore wind project in Taiwan.The leak, which stemmed from the substation's fire suppression system, occurred at approximately 10 a…
Strategic initiatives are attracting investors and petroleum contractors to Asia Pacific’s offshore energy market, propelling the region towards enhanced security and economic growth. As countries tap into their local resources to meet rising demand…
Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and…
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