API’s IM standards boost offshore safety

API is continuing to lead the way on safety

Intan Offshore terminates AHT charter with Emas.

Malaysian offshore support vessel owner Intan Offshore has canceled an anchor handling tug charter deal it had with ...

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ZPMC orders TMC compressors for new pipelayer

Shanghai Zhenhua Heavy Industries (ZPMC) has placed an order with TMC Compressors for a complete marine compressed ...

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Oceaneering secures order for subsea umbilicals in India

Oceaneering has been awarded contracts by Baker Hughes, a GE company (BHGE), to o supply subsea umbilical control ...

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Vietnam: Yinson-PTSC JV loses $1B FPSO charter

Yinson-PTSC JV has lost a $1 billion contract for the supply of an FPSO for Repsol’s Ca Rong Do field offshore ...

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McDermott to build modules for Arctic LNG 2

McDermott's joint venture Qingdao McDermott Wuchuan Offshore Engineering in China has been awarded a large contract ...

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Report: $16,4 billion worth of gas lost to flaring in 2018

Current levels of gas flaring cause more than 300 million tons of CO2 to be emitted into the atmosphere

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Repsol terminates Ca Rong Do equipment order with Dril-Quip

Spanish oil company Repsol has terminated a contract with U.S. firm Dril-Quip

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Popular news, September 9 – 15, 2019

The most popular news of the week.

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Hearing date set for Emas Offshore

A judicial management application for Singapore’s struggling offshore vessel operator Emas Offshore will be heard ...

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Non-OPEC liquid production to continue reaching record highs

Liquid production growth for non-OPEC countries reached the highest rate on record in 2018, with a growth of almost ...

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Hess hires anchor handler for Malaysian operations

Marine & General has been awarded a contract by Hess Exploration and Production Malaysia for the provision of one ...

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Rystad: Lower prices to push service market into recession

Lower oil prices will push the global service market into a recession in 2020 after three successive years of ...

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Kim Heng ventures into renewable services

Leveraging on oil and gas expertise, Singapore-based offshore services provider Kim Heng Offshore & Marine has ...

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Chinese yard orders LNG systems for eight COSL PSVs

Gloryholder LGM has signed contract with Wuchang Shipbuilding Industry Group to supply LNG fuel gas systems for ...

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BHGE sees Y-o-Y increase in worldwide offshore rig count

The worldwide offshore rig count in August 2019 decreased by ten units sequentially, but increased by 41 unit ...

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Popular news, September 2 - 8, 2019

The most popular news of the week.

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Bumi Armada sells FPSO for $40 million

Malaysian FPSO provider Bumi Armada has sold its FPSO Armada Perdana for a price of $40 million. 

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SapuraOMV to sell offshore gas from SK408 block to Petronas

Malaysia’s SapuraOMV, and Shell’s Malaysian subsidiary have reached agreements with Petronas for the ...

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Petronas hires Velesto jack-up

Malaysia-based Velesto Drilling has received a letter of award from Petronas Carigali for the provision of jack-up ...

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Aker Solutions cuts first steel for Chinese gas project

Aker Solutions has started fabrication work on the China National Offshore Oil Corporation (CNOOC) Lingshui 17-2 ...

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NOV in another FPSO STP system win

National Oilwell Varco has won an order to deliver a submerged turret production system for an FPSO to be deployed ...

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Pemex hires two CIMC jack-ups

Mexican oil company Pemex has chartered two CIMC Raffles-built jack-up drilling rigs on long term contracts.

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Sembcorp Marine wins FPSO conversion job

Singapore's offshore rig builder Sembcorp Marine has won a contract with Shapoorji Pallonji and Bumi Armada to ...

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Popular news, August 26 – September 1, 2019

Check out Offshore Energy Today's most popular news from the past week.

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Shallow water is the place to be in, Borr Drilling says

Borr Drilling expects 40 jack-up deals to be awarded in the next 12 months.

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Fugro wraps up second seep hunting campaign for Petronas

Fugro has completed the second of three Malaysian seep hunting and geochemical campaigns for Petronas, Malaysia’s ...

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CNOOC boosts profit in 1H 2019

CNOOC Limited has increased its oil and gas production by over 2 percent during the first half of the year and ...

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