Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has landed a lease and operate contract for a newbuild floating storage and offloading (FSO) unit destined to serve the Block B gas field off the coast of Vietnam, Southeast Asia.
Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil and gas arsenal, with four regions pinpointed as the ones where this merger
Malaysian oil & gas services provider Sapura Energy has secured new contracts with Chevron’s Thailand subsidiaries, as well as with Thai national oil & gas company PTT Exploration and Production (PTTEP), that together have a value of over RM 500 million (roughly $118 million). The contracts with the
PTTEP, Thailand’s national oil and gas player, has made a play for a stake, which Hess Corporation, now part of Chevron, holds in the Malaysia-Thailand Joint Development Area (MTJDA).
Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to order three additional 8,000 TEU methanol dual-fuel containerships in Japan.
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South Korean subsea cable manufacturer LS Cable & System has completed the construction of what it says is the largest high-voltage direct current (HVDC) cable production facility in Asia. LS Cable & System announced on July 16 that it had completed the construction of its fifth submarine cable plan
South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened t
EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.
YPP and Kazakh Invest have signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan.
Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).
Taihan Cable & Solution has completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind project in South Korea. The export cable installation, covering two 28-kilometer lines and carried out by Taihan’s cable-laying vessel (CLV) PALOS, was performed in two phases. Th
