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Thailand Oil Giant Going on Green Spending Spree
Thailand's oil giant is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.
10:22 AM EST | August 13, 2021
Xodus Nets Petronas CCS Deal
Xodus has been awarded the conceptual engineering design contract for Petronas' Carbon Capture and Storage project offshore Malaysia.
8:10 AM EST | August 10, 2021
Sembcorp Marine Still Faces Skilled Worker Shortfall
Sembcorp Marine announced that, with Phase 2 restrictions introduced by the Singapore government on May 16, the group continues to face challenges in recruiting new skilled workers for its various projects.
5:53 AM EST | June 08, 2021
Hibiscus Reveals Repsol Deal Value
Hibiscus Petroleum Berhad (HIBI: MK) has revealed the value of its recent Repsol deal.
7:04 AM EST | June 07, 2021
Repsol Sells Assets in Malaysia and Vietnam
Repsol has announced that it has agreed to sell its exploration and production assets in Malaysia and in Block 46 CN in Vietnam to a fully owned subsidiary of Hibiscus Petroleum.
6:34 AM EST | June 03, 2021
Shell Sells SPEX Stake for up to $460MM
Shell Petroleum N.V. has signed a deal with Malampaya Energy XP Pte Ltd, a subsidiary of Udenna Corporation, for the sale of its 100 percent shareholding in Shell Philippines Exploration B.V. (SPEX).
7:13 AM EST | May 20, 2021
Sembcorp Marine Faces Skilled Worker Shortage
Sembcorp Marine has announced that the group continues to face Covid-19 supply chain constraints and a shortage of skilled workers.
5:23 AM EST | May 04, 2021
Total Buys Taiwan Windfarm Stake
Total (NYSE: TOT) has signed an agreement with WPD to acquire a 23 percent interest in Yunlin Holding GmbH.
5:19 AM EST | May 03, 2021
Eni Bolsters Vietnam Presence
Eni S.p.A. (NYSE: E) has completed the acquisition of a 100 percent participating interest in, and the operatorship of, Block 115/09 offshore Vietnam.
6:16 AM EST | April 12, 2021
Maersk Drilling Nets Shell Deal
Maersk Drilling has secured a contract with Shell Malaysia for the Maersk Viking drillship to drill four development wells at the Gumusut-Kakap project offshore Malaysia.
7:01 AM EST | April 07, 2021
PetroChina Claims World's Top Spot for Capex
China's fear of dependence on foreign suppliers means its biggest oil company plans to be the world's top-spending driller this year.
8:11 AM EST | March 26, 2021
Sapura Energy Founder Retires
Sapura Energy Berhad has revealed that its president and group chief executive officer, Tan Sri Shahril Shamsuddin, has retired after leading the business for more than 25 years.
7:23 AM EST | March 24, 2021
Exxon Cutting Hundreds of Workers in Singapore
ExxonMobil (NYSE: XOM) has announced that it will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness.
6:05 AM EST | March 03, 2021
McDermott Completes Offshore India Project
McDermott International Ltd has announced that it has completed the KG-D6 R Cluster subsea field development project off the east coast of India for Reliance Industries Ltd.
6:34 AM EST | January 12, 2021
Petronas Takes Operatorship of E11 Gas Hub
Petronas has taken over the operatorship of the E11 gas hub, located offshore Bintulu, Sarawak, through its subsidiary Petronas Carigali Sdn Bhd.
7:46 AM EST | January 08, 2021
McDermott Picks Up Award
McDermott International Ltd has been recognized by the Singapore Business Review with a Malaysia International Business Award in the engineering category.
3:42 AM EST | September 28, 2020
Sapura Energy Founder to Retire
Sapura Energy Berhad has announced that its president and group chief executive officer is planning to retire after leading the group for a quarter of a century.
6:30 AM EST | September 24, 2020
Total Enters Giant Korean Floating Wind Projects
Total SE will team up with Macquarie Group's green bank to develop more than 2 gigawatts of floating wind farms off South Korea.
8:13 AM EST | September 01, 2020
OSEA Goes Virtual for 2020
The OSEA event in Singapore will be going fully virtual this year in response to the Covid-19 pandemic.
4:10 AM EST | August 23, 2020
New Chairman for Sapura Energy
Sapura Energy Berhad has announced the appointment of Tan Sri Dato' Seri Shamsul Azhar Abbas.
4:22 AM EST | July 31, 2020
COSL CEO Resigns
China Oilfield Services Limited has revealed that its chief executive officer and president has resigned.
6:22 AM EST | July 03, 2020
Sapura Cutting 20 Percent of Full Time Workers
Sapura Energy will be cutting about 20 percent of its full-time employees worldwide.
3:13 AM EST | June 26, 2020
Repsol Awards Five-year Malaysia Subsea Contract
Repsol Oil and Gas has awarded Cortez Subsea a five-year contract to provide a subsea inspection management system offshore Malaysia.
7:40 AM EST | June 25, 2020
TGS Kicks Off Timor-Leste Offshore Seismic Project
Availability is expected from July 2020, with final deliverables estimated around September 2020.
7:47 AM EST | June 18, 2020
Decom North Sea in Brunei Agreement
The UK's Decom North Sea organization has announced the creation of a new agreement.
7:07 AM EST | June 18, 2020
Keppel Balks at Notice Alleging Contract Breaches, Cancellation
Keppel said the notice came just before the next payment installment of $31.9 million was due from Awilco on June 9.
7:50 AM EST | June 10, 2020
McDermott Completes Pan Malaysia Project Scope
Work included the transport and installation of jackets, topsides and pipelines for the Gorek, Larak and Bakong gas fields.
7:26 AM EST | June 09, 2020
Petronas Appoints New CEO
Petronas has appointed Tengku Muhammad Taufik Tengku Aziz as its new president and group chief executive officer.
7:13 AM EST | June 08, 2020
Mermaid Deputy CEO Resigns
Mermaid Maritime Public Company Limited has revealed that its deputy chief executive officer, Philippe Grasset, has resigned.
7:48 AM EST | June 01, 2020
Petro Matad Cuts Salaries
Mongolian oil explorer Petro Matad Limited has implemented salary cost saving measures.
7:21 AM EST | May 11, 2020
Petronas Rejects Claim That It Shut Down Projects, Rigs
As of April 24, the company said it had 18 rigs in operation within Malaysia waters.
7:51 AM EST | April 28, 2020
Sapura Energy in Austerity Drive
Sapura Energy Berhad is undertaking a series of austerity measures to mitigate the impact of the pandemic and low oil prices.
7:26 AM EST | April 27, 2020
Shell Wins $340MM in Floater Dispute Arbitration
Sabah Shell Petroleum won the sum following an arbitration with a subsidiary of MISC Berhad.
7:58 AM EST | April 14, 2020
Aker Solutions, PTAS Sdn Bhd Launch Offshore Joint Venture
The agreement covers services for more than 200 of Brunei Shell Petroleum's offshore assets.
8:13 AM EST | March 31, 2020
CNOOC Names New President, Executive Director
Xu Keqiang has resigned from the role of President.
9:09 AM EST | March 23, 2020
Keppel Donates Millions to Help Fight Virus
Keppel Corporation Limited has announced a 'comprehensive package' worth more than $4.2 million to help the Singapore community weather the COVID-19 pandemic.
7:54 AM EST | March 19, 2020
Petronas Encourages Staff to Work from Home
Petronas is strongly encouraging employees who can work from home to do so as a precautionary measure in the fight against the coronavirus pandemic.
7:31 AM EST | March 16, 2020
Allseas Drillship to Pursue Deep-Sea Metals
Allseas will equip the Vitoria 10000, above, with a riser to recover rocks laden with valuable metals from the ocean floor. PHOTO SOURCE: Allseas Group S.A.
8:42 AM EST | March 05, 2020
China Energy Leaders Set for Shake-Up
Top executives at China's leading energy companies are set for a power shake-up as the nation takes steps to reorganize and revamp its leadership and energy infrastructure.
4:53 AM EST | January 17, 2020
CNOOC Budgets Capex of Up To $13.7B in 2020
CNOOC Limited's total capital expenditure for 2020 is budgeted at $12.31 billion to $13.76 billion, the company has revealed.
5:57 AM EST | January 14, 2020
Repsol Weighs Potential Sale of Malaysian Assets
Repsol SA is exploring options for its Malaysian upstream operations including a potential sale as the Spanish oil company reviews its global portfolio.
1:47 PM EST | January 10, 2020
PTTEP Sets $24B Investment Budget
PTTEP has set an investment budget of $24.61 billion from 2020 to 2024.
7:08 AM EST | December 19, 2019
Petrofac Mulls Offshore Oil Asset Sale in Malaysia
Petrofac Ltd., the U.K.-listed oilfield service provider, is weighing a sale of its Malaysian assets for about $300 million.
2:01 PM EST | December 06, 2019
CNOOC Limited Appoints New CEO
Xu Keqiang has been appointed as CNOOC Limited's new chief executive officer, effective immediately.
6:43 AM EST | November 20, 2019
Temasek Plans to Pay $3B for Full Control of Keppel
Singapore's Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a review of the oil-rig builder's business that could involve a board shakeup.
11:09 AM EST | October 21, 2019
Offshore Myanmar Platform FEED Goes to Doris, Hyundai
Pictured is the Shwe Platform. PHOTO SOURCE: DORIS Engineering
10:57 AM EST | October 16, 2019
Exxon Considers Sale of Malaysian Offshore Assets
Exxon Mobil Corp. is considering a sale of its oil-producing offshore assets in Malaysia as part of the U.S. energy giant's global divestiture program.
11:16 AM EST | October 09, 2019
Halliburton Wins Thailand Well Automation Contract
PTTEP will use Halliburton Landmark application to automate drilling, completions and engineering processes across the well lifecycle.
12:53 PM EST | October 01, 2019
PTT Seeks Partnerships with Middle East Producers
Thailand's state-controlled oil and gas company PTT is looking to resource-rich countries in the Middle East to help meet the country's growing energy demand.
7:22 AM EST | August 29, 2019
Kreuz Subsea CEO Resigns
Kreuz Subsea's board members have accepted the resignation of group CEO Ashit Jain.
7:12 AM EST | August 15, 2019