Malaysia’s Velesto Energy, owner of premium jack-up rigs, has landed a multi-year drilling assignment for one of its rigs with Petronas Carigali, a subsidiary of the Asian country’s energy giant Petronas. The post Five-year Asian drilling gig comes Velesto rig’s way appeared first on Offshore Energy.
Greece’s Asso.subsea has signed the shipbuilding contract with China Merchants Heavy Industry (CMHI) for […] The post Asso.subsea orders second next-gen trenching support vessel from China Merchants appeared first on Offshore Energy.
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flows are not restored, echoing the price spikes seen during the onset of the Russia-Ukraine conflict. The post Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms appeared first on Offshore Energy.
MET International, the trading and wholesale arm of Switzerland-headquartered energy company MET Group, and […] The post More LNG for Europe as MET Group and Shell expand their long-term cooperation appeared first on Offshore Energy.
OceanSTAR Engineering Holding, part of Singapore-headquartered OceanSTAR Elite group of companies, has secured a new deal with Petronas Carigali (PCSB), a subsidiary of Malaysia’s energy giant Petronas, for the provision of lease, operation and maintenance of a floating production, storage, and offloading (FPSO) unit. The post Petronas hand-picks FPSO for Asian hydrocarbon redevelopment project appeared first on Offshore Energy.
European shipping company RFOcean has signed a binding long-term off-take agreement with ETFuels to […] The post Shipping company secures fixed-rate e-methanol supply ahead of EU climate regulations appeared first on Offshore Energy.
Norwegian energy data and intelligence company TGS has hired two platform supply vessels (PSVs), managed by Norway’s shipping company, Remøy Shipping. The post Two 2018-built vessels pick up North Sea gig with TGS appeared first on Offshore Energy.
Intermoor, Acteon’s Moorings and Anchors business line, has secured a three-year contract with Brazil’s […] The post Three Acteon firms unite to deliver multi-million-dollar contract with Petrobras appeared first on Offshore Energy.
Norway-headquartered Kongsberg Maritime has signed a memorandum of understanding (MoU) with Indonesia’s state-owned and […] The post With new MoU, Kongsberg Maritime commits to decarbonization efforts in Indonesia appeared first on Offshore Energy.
French shipping and logistics giant CMA CGM Group has held a naming ceremony for the latest vessel addition to its dual-fuel fleet. The post CMA CGM christens its newest methanol-powered ship (Gallery) appeared first on Offshore Energy.