Mammoet is opening a new office in Taichung, Taiwan, to be closer to project sites and to offer onshore services for offshore wind farms locally. In particular, Mammoet will provide engineering, heavy lifting and transportation solutions, including marshaling, ballasting, weighing, load-in and load-
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
JDR has won a contract with UMD Energy to manufacture and supply a 2.7 kilometres long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia. The umbilical will provide connection from the unmanned remote platform to the subsea production control system. JDR w
Daewoo Shipbuilding & Marine Engineering (DSME) and Korea Electric Power Corporation Engineering & Construction (KEPCO E&C) have signed a Memorandum of Understanding (MoU) to develop an offshore wind substation. The South Korean companies plan to jointly research and develop the offshore substation
The UK offers operators best profit conditions to develop big offshore fields and Kuwait and Canada follow, according to Rystad Energy.
Partners in the exploration block SS-11, located offshore Bangladesh, have decided to relinquish their interests in the block, according to KrisEnergy.
Norway-based shipping firm Avance Gas Holding has ordered two 91,000 CBM, liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) in South Korea.
Boskalis has awarded a charter contract to Bourbon and Oceanteam jointly-owned construction support vessel (CSV) Southern Ocean. According to Oceanteam, works on this contract should commence in February 2021 for a period of approximately two months. Boskalis’ primary activity under this contract wi
Malaysian offshore services provider Dayang Enterprise has been awarded contracts from Shell and Mubadala Petroleum in Malaysia.
New research has shown that aggregate fossil fuel demand would peak in 2027 with oil peaking in 2029 and gas in 2037, partially due to the impacts of COVID-19.
According to a worldwide survey, almost one-third of workers in the oil and gas industry faced pay cuts in 2020 due to the coronavirus crisis and drop in fuel demand and prices.
The orderbook of South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) continues to grow with two additional very large crude carriers (VLCCs).
