Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Oil & gas prices to fall below forecasts over coronavirus

As China’s coronavirus epidemic continues to expand and more countries are affected, the slowdown in global oil and ...

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Rystad cuts global oil demand forecast over coronavirus

The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both ...

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OPEC calls for extending oil cuts amid coronavirus impact

OPEC has recommended extending oil production cuts until the end of 2020 due to the negative impact of the ...

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VIDEO: SBM’s first Fast4Ward FPSO hull arrives

Dutch FPSO provider SBM Offshore has published a video of its first completed Fast4Ward FPSO hull arriving in Singapore.

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SBM's first Fast4Ward FPSO hull reaches Singapore

SBM Offshore has informed that its first completed Fast4Ward FPSO hull has arrived from China to Singapore.

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CNOOC sets 2020 capex at $13.7 billion

China's CNOOC Limited has said that its capital expenditure for 2020 is budgeted at up to $13.7 billion as the ...

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One dead, five injured in incident on Brazil-bound vessel

One worker has died and five others have been injured in an incident on board the Boskalis-owned vessel, which was ...

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Subsea 7 to work on gas project offshore China

Subsea 7 has been awarded a sizeable contract by COOEC for CNOOC's Lingshui 17-2 gas field development project ...

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CNOOC kicks off production from project in Bohai Sea

CNOOC Limited has started production from the Caofeidian 11-1/11-6 oilfield comprehensive adjustment project, which ...

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CNOOC elects new chief executive officer

Oil and natural gas producer CNOOC has promoted its executive director and president to the position of the chief ...

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OOS Walcheren semi-sub vessel starts its engines

Dutch company OOS International has revved up the engines on its newbuild semi-submersible heavy lift crane ...

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Yinson sees 2Q numbers drop. Optimistic about new FPSO deals

Malaysian FPSO supplier Yinson saw its revenue and profit decline in the second quarter of 2019, but it is ...

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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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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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TechnipFMC cuts first steel for Chinese project

Oilfield services provider TechnipFMC has cut first steel on the manifolds and subsea structures for CNOOC's Liuhua ...

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All hurdles cleared as China OKs MacGregor's TTS buy

The Chinese competition regulator has finally given its approval for Cargotec's MacGregor to buy marine and ...

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CNOOC, Sinopec sign pact for studies offshore China

Chinese oil giant CNOOC and Sinopec have signed a cooperation agreement under which they'll jointly conduct studies ...

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Offshore rig market should love China’s energy independence

With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. And the country’s ...

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KS Drilling scraps ZPMC offshore rig order

KS Java Star – Image source: KS Drilling

Singapore’s KS Energy, via subsidiary KS Drilling, has reached an agreement with ZPMC to cancel a jack-up rig ...

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China: SWS yard launches Northern Offshore's jack-up rig

China’s Shanghai Waigaoqiao Shipbuilding (SWS) has launched a jack-up rig being built for Northern Offshore, under ...

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U.S. bill targets Chinese oil, drilling, dredging companies

Chinese oil, shipping, telecom, dredging, and offshore drilling companies are facing a threat of U.S. sanctions if ...

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