News
December 19, 2024
Kongsberg Maritime has secured a substantial contract to provide an integrated package of electrical, control, safety and propulsion systems for the Golar Mk2 Floating Liquified Natural Gas (FLNG) project.
News
December 12, 2024
Sinopec, China’s Petroleum & Chemical Corporation, has successfully obtained ISO's approval for the Technical Specifications for Multi-element Thermal Composite Flooding of Heavy Oil proposed by academician Sun Huanquan's team.
News
December 10, 2024
TotalEnergies has finalized the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream, an independent gas producer in Malaysia.
News
December 09, 2024
The 2024 China-Africa Think Tank Energy Forum recently convened in Chad's capital, N'Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities.
News
December 03, 2024
INNIO Group has acquired Souer Co., Ltd., a specialist in engine-based technology and customer-centric services within the midstream and power generation industries.
News
December 02, 2024
CNOOC Limited and 80883 announced that Huizhou 26-6 Oilfield Development Project has commenced production. A total of 19 development wells are planned to be commissioned, including 2 oil production wells and 17 gas production wells.
News
November 26, 2024
The contract, worth approximately $1.2 billion, covers the development of offshore facilities for natural gas production, CO2 capture, utilization, and storage (CCUS) as part of the Tangguh UCC project.
News
November 26, 2024
bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia.
News
November 25, 2024
ADNOC Logistics and Services announced it has taken delivery of ‘Al Shelila,’ the first of six newbuild liquified natural gas (LNG) carriers from Jiangnan Shipyard in China. The vessel has been delivered two months ahead of schedule.
News
November 22, 2024
Seatrium Ltd. announced that its subsidiary has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving Heavy Lift Vessel project for the Japan wind market.
News
November 04, 2024
(Bloomberg) – Thailand will press ahead with a plan to restart talks with Cambodia to jointly explore petroleum reserves worth an estimated $300 billion in a disputed offshore area, disregarding opposition from some political groups and activists.
News
October 28, 2024
(Bloomberg) — Cnooc Ltd. posted a rise in Q3 profit after the company offset lower crude oil prices with increased output. The state-owned firm has a prominent role in raising output to meet targets for energy security, a task that has greater importance as the geopolitical landscape becomes more uncertain.
News
October 23, 2024
(WO) — Sunda Energy, an exploration and appraisal company focused on assets in Southeast Asia, gives an update on its operational and funding planning with respect to the Chuditch PSC development in Timor-Leste and an update on new business ventures.
News
October 23, 2024
(WO) — Kongsberg Maritime will supply an extensive range of equipment for a new fleet of 10 platform supply vessels (PSV) being built by Fujian Mawei Shipbuilding in China for Greek shipowner, Capital Offshore.
News
October 22, 2024
(WO) — CNOOC has commenced production on its Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project ahead of schedule. The project is expected to achieve a peak production of approximately 26,000 boed in 2027.
News
October 11, 2024
The U.S. Export-Import Bank authorized a $690 million loan to help build a petrochemical plant in Malaysia, despite objections from climate activists.
News
October 10, 2024
Thailand’s new government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least $300 billion worth of reserves that the two countries have been squabbling over since the 1970s.
News
October 03, 2024
Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report.
News
October 01, 2024
Kazakhstan is in talks with China about increasing gas exports and is even considering building an additional pipeline to boost flows, underscoring the growing significance of its role in the region’s fuel market.
News
September 27, 2024
The main production facilities include a new fixed production platform and three centralized subsea wellheads, with 12 development wells planned to be commissioned. It is expected to reach peak production of 162 MMcfgd and 3,931 bpd in 2025.
News
September 24, 2024
Installed by contractor McDermott on behalf of an international operator, it is the second time the firm’s TCP product has been deployed in Malaysia, after a TCP Flowline and static riser were installed at the shallow water West Lutong field for operator Petronas in 2017.
