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Kawasaki Heavy Industries orders Blue Marlin lithium-ion capacitor from...
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has placed an order for the first commercial unit of a new Corvus Energy high-density lithium-ion capacitor energy storage system (ESS). Branded...
View ArticleSolstad Offshore promotes finance director to CFO role
Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO). Solstad said on Tuesday that Kjetil Ramstad would take up the CFO position as of 2 June 2020. He...
View ArticleProsafe gets relief from lenders while working on long-term plan
Prosafe has gained support to an extension to the forbearance arrangement with a majority of its lenders until the end of June while working to agree on a long-term financial solution amid a dramatic...
View ArticleProserv subsea controls for IOG North Sea development
Proserv has secured a contract from Independent Oil and Gas to provide subsea controls system for IOG’s Core Project Phase 1 development in the UK Southern North Sea. Specifically, Proserv will be...
View ArticleDrones flying off into brighter offshore future
With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the...
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Siemens to power Petronas gas field development off Malaysia
Siemens Gas and Power said it has won a contract to supply equipment for the Petronas-operated Kasawari gas field development in the South China Sea, offshore Sarawak in Malaysia. SGT-300 gas turbine...
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CNOOC grants extension to Empyrean for Chinese block exploration
Due to the coronavirus pandemic, Empyrean Energy has been granted a twelve-month extension for the first phase of the exploration period on Block 29/11, offshore China. Location of Block 29/11;...
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More oil and gas assets up for grabs due to Covid-19, Rystad says
Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy...
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Malaysia’s MISC appoints ex-minister as chairman
Malaysian liquefied natural gas shipping firm MISC has appointed former minister Tan Sri Noh Omar as its new chairman. LNG carrier Seri Cempaka (Image: MISC) Noh takes over as chairman from Datuk Ab...
View ArticleNBO wins first onshore power supply project for offshore platforms in China
Ningbo Orient Cable (NBO) has secured a contract from China National Offshore Oil Corporation (CNOOC) for two offshore platforms QingHuangDao32-6 and CaoFeiDian11-1. The work-scope is to provide 70...
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Allseas starts operations on first-ever gig in China
Offshore oil and gas installation, construction, and decommissioning specialist Allseas has started work on CNOOC’s Lingshui 17-2 gas field development offshore China. Allseas said on Tuesday that the...
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Gunvor trading volumes pushed by LNG
Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019. Courtesy of Gunvor Total trading volumes increased to 198 million MT from 184 million MT the...
View ArticleAker BP looking to decrease carbon footprint with new tech deal
Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts. Aker...
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COSL, Equinor ink new master framework agreement
COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil...
View ArticleCompanies team up to build world’s first shallow draft ice-breaking W2W vessel
Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel....
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KrisEnergy suspends Wassana oil field, cuts quarter of Thai workforce
Singapore’s independent oil and gas company KrisEnergy has decided to suspend operations on the Wassana oil field and reduce its workforce in Thailand. Location of G10/48 licence which holds the...
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Offshore regulator clears Santos’ plan for drilling location survey
National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Santos’ plan for a geophysical survey in preparation for the proposed Yoorn-1 well drilling offshore...
View ArticleSapura Energy bags nearly $180 million in new deals
Sapura Energy has been awarded several new contracts for its Engineering and Construction (E&C) division, with a combined value of approximately RM766 million ($179.7 million). According to its...
View ArticleAGS gets additional work in North Sea
Axxis Geo Solutions (AGS) has signed a contract for an additional scope of work under the agreement with Equinor in the North Sea. Earlier this year the company secured the contract for the seismic...
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NZOG looking to acquire assets in Australia and New Zealand
New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of producing assets, developing projects, and exploration prospects. NZOG said in its strategic review on...
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