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Divestment timeline for Asian firm’s gas field stake gets bumped to year-end

Coro Duyung, a subsidiary of Coro Energy in Southeast Asia, has revised the end date for the disposal of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to pivot to its renewable energy portfolio once this sale closes its fossil fuels era. The post Divestment timeline for Asian firm’s gas field stake gets bumped to year-end appeared first on Offshore Energy.

Anemoi completes rotor sail installation on 325,000 dwt U-Ming VLOC

Taiwanese shipping company U-Ming Marine Transport Corporation (U-Ming) and the UK-based wind propulsion technology provider Anemoi Marine Technologies have completed the rotor sail installation on U-Ming’s Grand Pioneer, a 325,000 dwt very large ore carrier (VLOC). The post Anemoi completes rotor sail installation on 325,000 dwt U-Ming VLOC appeared first on Offshore Energy.

North Sea operator raises its stake in UK gas field

Ithaca Energy, a North Sea oil and gas operator and producer, has completed its acquisition of an additional stake in a gas field on the UK Continental Shelf (UKCS). The post North Sea operator raises its stake in UK gas field appeared first on Offshore Energy.

Transocean rig two weeks away from drilling ops offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has embarked on pre-lay operations before it begins its natural gas exploration activities in the Otway Basin off the coast of Australia, with a rig owned by Transocean, an offshore drilling giant. The post Transocean rig two weeks away from drilling ops offshore Australia appeared first on Offshore Energy.