With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,” perceived to offer a potential lifeline to Vietnam
Singapore-based shipping company Ocean Network Express (ONE) and Japan’s MTI Ltd. have established a joint venture (JV) company in Vietnam with the aim of promoting digital transformation of operations and business models in the shipping industry by using artificial intelligence (AI) technology. Est
With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap
Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled
With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside
As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their plac
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year.
UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin
French-based engineering company Technip Energies has secured a detailed engineering assignment for the first carbon capture and storage (CCS) project in the Gulf of Thailand.
Petronas Carigali Brunei, a subsidiary of Malaysia’s state-owned energy giant Petronas, has awarded McDermott with a subsea contract for a natural gas development project off the coast of Brunei. McDermott will provide engineering, procurement, construction, installation and commissioning (EPCIC) se
Taiwan-based Dong Fang Offshore (DFO) has signed a shipbuilding contract with Norwegian shipyard Westcon for the delivery of a subsea and cable laying vessel (CLV), a move said to come due to the need for installation capacity in Taiwan, as another DFO vessel will be working in Europe until the end
