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AWE Raises Cash to Fund Further Development

12 December 2013

AWE Limited, an upstream oil and gas company with production, development and exploration assets in Australia, New Zealand, USA and Indonesia, today announced that it has successfully executed a A$300 million unsecured multicurrency syndicated bank loan facility which will replace its existing bilateral loan facilities. The new facility comprises a syndicate of leading Australian banks and has a tenor […]

Malaysia: Murphy Orders Splitter Wellhead Systems from Aker Solutions

25 June 2013

Business & Finance, Equipment

Aker Solutions has signed an agreement with Murphy Sarawak Oil Co. to deliver as many as 24 sets of splitter wellhead systems. The contract, which includes deliveries of ancillary equipment and services, is worth USD 15 million over three years and may be extended by a year. Surface wellheads are used on land-based and shallow-water […]

Hybrid propulsion CTVs for Hornsea Two offshore wind farm

15 June 2020

Vessels

Danish company MHO-Co has signed a contract with Afai Southern Shipyard in China for the construction of two crew transfer vessels with hybrid propulsion for the Hornsea Project Two offshore wind farm. The two vessels are scheduled for delivery in the summer of 2021, after which they will start working under a contract with Ørsted, […]

China: Six Marine Exhibitions Strengthen Yuexin’s Brand Image

7 August 2012

In the first half year of 2012, Yuexin’s Business Development Team has attended the marine exhibition in India, Malaysia, Singapore, Indonesia, Spain, Greece leading by President Mr. Raymond Tan and Corporation & Business Development Director Mr. Eric Lim as the leader, strengthening the brand image and developing customer network. Mr. Eric Lim,Corporation & Business Development […]

Castrol Marine employee assists Pakistan emergency relief

27 October 2010

Castrol Marine employee Ufuk Seçgin has helped to tackle the aftermath of Pakistan’s deadliest floods in decades. As part of the SIHHN (Stichting Internationale Humanitaire Hulporganisatie Nederland) Pakistan Emergency Response Team, Ufuk took part in the successful distribution of more than 1,000 family aid packages in the Nowshera district in the Northern province of the […]

BP Russia Gets New Head

31 January 2013

BP announced the appointment of Michael Townshend as Senior Vice President – Russia BP Group, reporting directly to Bob Dudley, BP Group Chief Executive. Townshend, who is currently BP Regional President, Iraq will take up his new position from 1 March 2013. He has 32 years’ experience in BP working across a wide range of […]

Top news of the week May 7-12

13 May 2018

South Korea’s DSME loses huge Excelerate FSRU deal Daewoo Shipbuilding and Marine Engineering (DSME) has lost a potential deal to build up to seven floating storage and regasification units (FSRUs) for US-based Excelerate Energy. KBR wins Abadi LNG pre-FEED job from Inpex LNG engineer KBR has been awarded a pre-FEED contract by Inpex Corporation for […]

New Senior VP of BP Russia Named

31 January 2013

BP today announced the appointment of Michael Townshend as Senior Vice President – Russia BP Group, reporting directly to Bob Dudley, BP Group Chief Executive. Townshend, who is currently BP Regional President, Iraq will take up his new position from 1 March 2013. He has 32 years’ experience in BP working across a wide range […]

Noble’s new jack-up rig leaves Singapore to begin first drilling deal

25 February 2019

Exploration & Production

Noble Corporation’s recently bought Noble Johnny Whitstine jack-up rig has left Singapore to begin its new contract.

Most read articles of 2014, Vol. 1

1 January 2015

Dear readers, we hope a great night full of joy is behind you. As promised yesterday, we are bringing a list of the most read articles of the year 2014. Since we published around six thousand news articles in 2014, we have decided to run the list in two batches of 15 articles each. The first […]

Vikoma Receives Prestigious Business Award (UK)

3 December 2012

Business & Finance, Equipment

The growth, innovation and manufacturing excellence of Vikoma International Ltd have been recognised with a prestigious business award. Part of Aberdeen-based Energy Environmental Group, Vikoma designs and manufactures specialist oil spill response and pollution control equipment. The company scooped first prize in the Manufacturing and Technology Award 2012 category at this year’s Isle of Wight […]

Eni, Petrovietnam Sign MoU (Italy)

21 January 2013

The President and CEO of the Vietnamese national oil company PetroVietnam, Do Van Hau, and Eni CEO Paolo Scaroni signed a Memorandum of Understanding for the development of business opportunities in Vietnam and abroad, in Rome today. The agreement was signed after a meeting between Italian Prime Minister, Mario Monti, and the General Secretary of […]

Repsol quarterly result boosted by higher oil prices

3 November 2017

Equipment

Spanish oil company Repsol reported a rise in net income for the third quarter of the year, boosted by higher oil prices and higher refining margins.

McDermott cuts first steel for Total’s Tyra project

16 October 2018

McDermott has cut first steel marking the start of fabrication for Total’s Tyra Redevelopment project in the Danish Sector of the North Sea.

Taiwan ups 2016 LNG imports

21 February 2017

Taiwan, the world’s fifth largest liquefied natural gas (LNG) buyer, boosted its imports of the chilled fuel by 2.7 percent last year. Taiwan imported 14.97 million mt of LNG in 2016, as compared to 14.58 million mt the year before, according to the data released by the Directorate General of Customs. The country paid about $4.92 […]

IRENA: More than 7.7 mln people work in renewables sector

26 May 2015

Research & Development

IRENA’s new report estimates that 7.7 million people have been employed in renewable energy sector in 2014. The report ‘Renewable Energy and Jobs – Annual Review 2015’ indicates an increase of 18 percent in renewable energy sector employment from the last year’s figure of 6.5 million. According to International Renewable Energy Agency (IRENA), the 10 countries […]

Wello raises almost €2 million in crowdfunding campaign

15 February 2018

Business & Finance, Technology

The crowdfunding round launched by the wave energy technology developer Wello through Invesdor is now closed, with the company raising €1,962,558 – just a little below its maximum target of €2 million.

Infographic: Ever Heard of the Junk Boat?

18 September 2015

Business & Finance

In today’s infographic we are exploring the term junk boat. As many may be unfamiliar with them today, Chinese junk boats have played a tremendously important role in shaping our modern world. The junk is a flat-bottomed boat made from lightweight soft woods, which features unique sails reinforced with bamboo slats and a partitioned hull […]

Wello Wins 30MW India Deal

12 April 2019

Business & Finance, Equipment, Project & Tenders, Research & Development

Finnish technology company focused on ocean-wave energy conversion, Wello, has signed a letter of intent with Inix Group for two projects of 30MW total offshore India. In partnership with the Indian government, Ixin, part of Ixar Group, is looking to acquire Wello’s Penguin Core package for the construction of 20MW and 10MW wave energy parks. […]

Atlantis hails Wuhan-built tidal power project in China

27 April 2020

Business Developments & Projects, Equipment, Research & Development, Technology, Transition

Simec Atlantis through its partnership with ITPEnergised has worked with The China Shipbuilding Industry Corporation (CSIC) and China Three Gorges (CTG) to develop CTG’s first SG500kW tidal stream turbine. The structure stands between the islands of Putuoshan and Huludao in the Zhoushan archipelago in China in the last week. The turbine has a rotor diameter […]

UTEC Awards Survey Positioning Contract to Veripos

24 March 2014

Business & Finance, Project & Tenders

UTEC Survey, one of the world’s largest independent survey organisations, has awarded Veripos an exclusive three-year contract for provision of high-precision GNSS positioning services in support of global offshore operations via UTEC’s offices located around the world including: Australia, Brazil, Canada, Indonesia, Italy, Singapore, UAE, UK and the US. Under the terms of the agreement, […]

JGC Nabs FEED Contract for FLNG Project in Malaysia

12 September 2012

Project & Tenders

JGC Corporation said today that, as leader of a consortium with Samsung Heavy Industries (SHI), it has received a contract from PETRONAS, Malaysia’s state-owned oil company, for the FEED (Front-End Engineering and Design) work for a floating LNG project off the Malaysian coast. The contract calls for FEED work for a floating LNG plant with […]

Somali Pirates Release Naham 3 Crew after Four Years

25 October 2016

Business & Finance

The remaining crew members of the fishing vessel Naham 3, which were hijacked by Somali pirates in 2012, were released from captivity on October 22, according to Oceans Beyond Piracy (OBP). “They are currently in the safe hands of the Galmudug authorities and will be repatriated using a UN Humanitarian flight shortly and then on to […]

Singapore: EOC*S Lewek Arunothai FPSO Back in Action

24 September 2010

EOC Limited (EOC or the Group), one of Asia’s leading operators of offshore construction & floating production vessels, has recommenced the operations of its Floating, Production, Storage and Offloading unit (FPSO), Lewek Arunothai, after completing ten days of maintenance activities. The scheduled preventive maintenance program was completed within the scheduled timeframe. The entire maintenance program […]

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