There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas
South Korea-based LS Marine Solution has signed a contract, worth approximately $15.8 million (about €13.8 million), to lay submarine cables for the Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) in Taiwan. According to the company, the contract marks LS Marine Solution’s first win
Offshore Energy has gone back in time to make a collection of some of the most important LNG developments and deals that hit the market in 2024.
South Korean shipbuilder HD Hyundai Mipo—one of three affiliates under the umbrella company HD Korea Shipbuilding & Offshore Engineering—has won another multimillion-dollar order; this time for two containerships.
Singapore-based shipbuilder Strategic Marine has delivered two fast crew boats (FCBs) to Truth Maritime Services (TMS), a subsidiary of Thailand’s Prima Marine Group.
PT HDF Energy Indonesia has signed a memorandum of understanding (MoU) with the Indonesian Ministry of Transportation, PT PLN (Persero) and PT ASDP Indonesia Ferry (Persero) to explore decarbonizing Indonesia’s maritime sector using locally produced green hydrogen.
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has purchased four work-class remotely operated vehicles (WROVs) from Norway’s Argus Remote Systems. The company’s wholly owned subsidiary Mermaid Subsea Services (Thailand) (MSST) on Decembe
Petrovietnam and JERA Asia have discussed opportunities to collaborate on clean energy development, especially in offshore wind, liquefied natural gas (LNG), ammonia, hydrogen and carbon reduction technologies.
Petronas and the Vietnam National Industry – Energy Group (Petrovietnam) have joined forces to evaluate potential oil and gas blocks on Vietnam’s continental shelf.
Sunda Energy has submitted drafts for public consultation of the environmental impact statement (EIS) and environmental management plan (EMP) for the drilling of its planned appraisal well at a gas field off the coast of Timor-Leste, Southeast Asia.
John Cockerill and Viettel Group have signed a memorandum of understanding (MoU) for exploring long-term cooperation to develop a Vietnam-based manufacturing and supply chain for pressurized alkaline water electrolyzers for green hydrogen production.
A jack-up rig, owned by Borr Drilling, has departed from a yard in Singapore to embark on a voyage toward its recently booked drilling assignment off the coast of Southeast Asia.
