Asia’s largest jacket successfully installed in South China Sea
Asia's largest offshore jacket Haiji-1 was last week installed in the South China Sea by Chinese offshore engineering and construction company COEEC.
offshore
North Sea chief speaks out over PPE fears for women offshore
Calls are being made to address women working offshore in the North Sea facing risk due to poorly-fitting PPE safety gear.
Technip Energies wins FEED work for South Korea floating wind
Technip Energies will carry out a front-end engineering and design (FEED) work for Equinor’s floating offshore wind Firefly project in South Korea.,
Mitsubishi confident Japan offshore wind is profitable
Japan's Mitsubishi is confident that the three offshore wind projects it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, the head of its energy solutions unit told Reuters.
Japanese trio buy stake in Taiwan’s first commercial offshore wind project
Japanese shipping company Mitsui OSK Lines (MOL), Toho Gas and Hokuriku Electric Power, will buy a 25% share in the 128 MW Formosa I offshore wind project in Taiwan from Macquaries’ Green Investment Group, which is exiting the country’s first utility-scale offshore wind farm.
Scotland deepens offshore wind collaboration with Taiwan
Scottish Development International (SDI) will lead Scotland’s largest ever offshore wind trade mission to Taiwan this month. A delegation of 16 Scottish companies specialising in offshore wind project development, construction, installation, operations, and maintenance will take part in Wind Energy Asia, Taiwan’s leading wind industry supply chain trade show. It will be held at the Kaohsiung Exhibition Centre from 9 to 11 March, where Scotland will have a pavilion for the first time.
European expertise still needed after Mitsubishi dominates Japan offshore wind round
A Mitsubishi-led consortium has dominated Japan’s first-ever fixed-bottom offshore wind auction with record-low prices. The results surprised the industry, but European know-how will still be needed to make the nascent sector a success in Japan.
Japan nears maiden offshore gas project in more than 30 years
Inpex is set to start an exploration drilling campaign offshore Japan as it seeks to prove up new oil and gas fields, which if commercialised will mark the nation’s first new offshore gas development in over three decades.
Iberdrola eyes five offshore wind opportunities in Philippines
Spain’s Iberdrola is eying five early-stage offshore wind projects in the Philippines as part of its ambitious push to expand its footprint in the Asia Pacific region.
China to spend $3bn on technology company to improve offshore engineering
China will invest $3 billion in a bid to improve its offshore engineering research and development capabilities through the creation of China Ocean Engineering. The new company will focus on the overall design and final assembly of offshore equipment.
Enterprize eyes green hydrogen’s potential to ‘supercharge’ Vietnam
Offshore wind developer Enterprize Energy and the Vietnamese Institute of Energy have teamed for a study assessing “green hydrogen’s potential to supercharge Vietnam’s energy capabilities.”
Japan’s Inpex acquires shares in European offshore wind
Japanese exploration and production company Inpex (TYO:1605) is expanding its footprint in offshore wind after acquiring shares of an offshore wind power generation company in the Netherlands. It has also established a UK-based renewable energy division to focus on Europe.
Vietnam leads the pack in Southeast Asia as wind power projects surge
Vietnam is leading the pack in Southeast Asia for wind power installations with 3.98GW installed as of October, up from 103MW in 2020. The country now ranks among the global top ten markets for installed wind power capacity, even though its offshore sector has yet to lift off.
Keppel eyes more offshore wind opportunities with Orsted
Singapore’s Keppel Offshore & Marine (Keppel O&M) has signed a global framework agreement with giant offshore wind developer Orsted to potentially undertake future offshore substation (OSS) projects.
Shell weighing up ‘jab or job’ policy for employees: Reports
Energy giant Shell is considering making vaccines mandatory for certain workers, including those working offshore, according to news reports.
Eni eyes more drilling offshore Vietnam
Italy’s Eni is believed to be carrying out studies in Blocks 115 and 116 offshore Vietnam with an eye to planning a single-well drilling campaign during the first-half 2022, Westwood Global Energy said in its latest report. The blocks are a short distance from Eni’s large Ken Bau discovery offshore Vietnam.
McDermott finishes milestone job offshore Vietnam
McDermott has completed the largest and heaviest central platform topside float-over installation offshore Vietnam at the Sao Vang and Dai Nguyet (SVDN) development that is operated by Japan’s Idemitsu Kosan.
CNOOC launches China’s first offshore carbon capture project
China's top offshore oil and gas producer, CNOOC, has launched the country's first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide, reported Reuters.
Struggling Sembcorp Marine to raise $1.1 billion
Singapore offshore and marine giant Sembcorp Marine will raise S$1.5 billion (US$1.1 billion) in funds from a rights issue to support the company’s operations. The rig builder has been struggling with rising costs and delays to projects being built at its yards.
Worley wins Jansz-Io Compression deal with Chevron
Chevron has chosen Australian engineering company Worley to provide engineering and construction management services at the US giant’s recently sanctioned $4 billion Jansz-Io Compression (J-IC) project offshore Western Australia.
Shell triggers action plan amid growing Covid cluster offshore Brunei
Brunei Shell Petroleum has implemented a business continuity plan (BCP) to help limit the spread of Covid-19 in Brunei and maintain upstream production in the Southeast Asian nation.
Shell hit by Covid-19 clusters in Brunei
Brunei’s oil and gas sector has been reporting an increasing number of Covid-19 cases following 22 new infections that were linked to the Shell-operated Champion 7 offshore oilfield cluster.
Malaysia to lead global new-build offshore gas projects
Malaysia is expected to contribute about 12% or 3.1 billion cubic feet (bcf) of global natural gas production in 2025 from key offshore planned and announced projects that are projected to start operations between 2021 and 2025, according to research from GlobalData.
Pertamina to rejuvenate ageing Indonesia offshore facilities
Indonesian national oil company (NOC) Pertamina is finalising studies to replace ageing facilities at its Offshore North West Java (ONWJ) and Offshore South East Sumatra (OSES) blocks to help improve production, according to upstream regulator SKKMigas.
Singapore yards in trading halt, possibly merging offshore marine businesses
Singaporean rig builders Keppel Corporation and Sembcorp Marine this morning requested a halt in the trading of their shares pending announcements.