On a mission to bankroll the upgrade of its FPSOs, Yinson Production has placed a $100 million tap issue, bringing the total amount of the corporate bond to $600 million. The post ‘Largest ever Nordic bond’ enables Yinson Production to raise nearly $3 billion in 2024 appeared first on Offshore Energy.
Velesto has joined forces with Petronas and NOV to enhance drilling operations by bringing robotics into play and boosting its jack-up fleet with a rig automation system. The post Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game with robotics appeared first on Offshore Energy.
Hibiscus Petroleum, a Malaysian independent oil and gas exploration and production company, has achieved the first oil from the first well in its multi-well program at a field off the coast of Malaysia. The post First of five planned production wells comes online offshore Malaysia appeared first on Offshore Energy.
Australia’s energy giant Santos has completed its two-well project forming part of an integrated development to commercialize the gas resources of Papua New Guinea. The post PNG LNG getting more gas thanks to new project coming online appeared first on Offshore Energy.
LS Cable & System has signed a letter of intent (LOI) with Denmark’s Copenhagen […] The post LS Cable & System to supply offshore cables for CIP’s South Korean floating wind project appeared first on Offshore Energy.
UK-based startup Carnot has selected waste-to-hydrogen producer Compact Syngas Solutions to provide 200 kilograms of […] The post 200 kilograms of hydrogen from waste to fuel cargo vessel in 40-day sea trial appeared first on Offshore Energy.
At the National Renewable Energy Laboratory (NREL) Flatirons Campus, researchers have embarked on testing […] The post Origami-inspired flexible wave energy device undergoes testing at NREL appeared first on Offshore Energy.
Conrad Asia Energy has disclosed information about its recent commercialization activities for shallow-water gas discoveries in two production-sharing contracts (PSCs) located off the coast of Indonesia’s Aceh Province, including a potential small-scale liquefied natural gas (LNG) plant. The post Conrad and Pertamina eyeing small-scale LNG options for prospects offshore Indonesia appeared first on Offshore Energy.
Aberdeen-based energy services company THREE60 Energy has secured a six-year, multi-million-pound contract to lead what it […] The post THREE60 booked for six years to lead ‘UK’s first multi-asset decom scope’ appeared first on Offshore Energy.
Stillstrom, Maersk’s offshore power and charging solutions developer, has deployed its Offshore eCharger system […] The post Maersk’s Stillstrom deploys offshore charging system in Port of Aberdeen appeared first on Offshore Energy.