Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has encountered technical difficulties during its drilling activities at a field off the coast of Benin. The post Drilling ops run into technical glitches, postponing production start-up appeared first on Offshore Energy.
Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, […] The post First steel cut for Yinson Production’s Asia-bound floating storage and offloading unit appeared first on Offshore Energy.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from […] The post Japanese designs of cable jointing and burial vessels get green light appeared first on Offshore Energy.
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has unveiled a new oilfield find, which describes as a major discovery in central Bohai Sea off the coast of China. The post Another 100-million-ton oilfield discovery sees light of day in Asian waters appeared first on Offshore Energy.
Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has decided to expand its fleet by buying four Handysize newbuilding vessels for an aggregate consideration of approximately $119.2 million. The post Multimillion-dollar fleet enlargement on Pacific Basin’s agenda with four vessels being built appeared first on Offshore Energy.
Finnish technology group Wärtsilä has decided to divest Wärtsilä Gas Solutions to Mutares SE & Co. KGaA, a German private equity investor. The post As Wärtsilä parts with gas solutions business, German player snaps it up appeared first on Offshore Energy.
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast. The post US LNG import terminal’s transformation into large export facilities put on ice appeared first on Offshore Energy.
Washington-headquartered EIG, through its managed investment vehicles, has acquired a stake from Canada Pension Plan Investment Board in Transportadora de Gas del Perú S.A. (TGP). The post EIG enriches its portfolio with gas infrastructure in Peru appeared first on Offshore Energy.
NjordIC has been awarded the UXO consultancy services contract for the Doordewind 1 & […] The post TenneT selects NjordIC for Doordewind UXO consultancy work appeared first on Offshore Energy.
Subsea7 has secured a contract with LLOG Exploration Offshore for the Buckskin field located […] The post Subsea7 wins ‘sizeable’ contract offshore US appeared first on Offshore Energy.