Category Archives: Global

First Tangguh jacket sails offshore Indonesia

11-June-2018, Offshore Staff LONDON – A 1,900-metric ton (2,094-ton) steel jacket has departed the Karimun yard in Indonesia for BP’s Tangguh expansion complex offshore Papua Barat province, Indonesia. This was the first major piece of hardware for the development. On arrival at the offshore … Continue reading

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ConocoPhillips awards major FEED contracts for Barossa

18-June-2018, Offshore Staff PERTH, Australia – ConocoPhillips Australia has awarded three major engineering contracts for the front-end engineering design (FEED) phase of the Barossa offshore project. Barossa is a gas and light condensate project that proposes to provide a new source of … Continue reading

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Shell exits Malaysia LNG venture

20-June-2018 Offshore staff THE HAGUE, the Netherlands – Shell Gas Holdings (Malaysia) has completed the sale of its 15% stake in Malaysia LNG Tiga (MLNG Tiga) to the Sarawak State Financial Secretary (SFS) for $750 million. SFS is a shareholder of … Continue reading

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Shell completes Bongkot withdrawal

21-June-2018 Offshore staff THE HAGUE, the Netherlands – Two Shell affiliates have completed the sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand to PTTEP for $750 million. Shell Integrated Gas Thailand and Thai Energy Co. held stakes … Continue reading

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Sembcorp Marine secures contract to construct & integrate Shell Offshore’s Vito FPU

By: Samantha Chiew 21/05/18, 07:17 am SINGAPORE (May 21): Sembcorp Marine has secured a contract by Sell Offshore to construct and integrate the hull, topsides and living quarters of the Vito semi-submersible Floating Production Unit (FPU). This contract includes installation … Continue reading

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Petronas raises 2018 spending for upstream work

Wednesday, 21 Mar 2018 10:20 PM MYT KUALA LUMPUR: Petroliam Nasional Berhad (Petronas) is increasing capital expenditure for upstream activities slightly in 2018 from last year, upstream chief executive Mohd Anuar Taib said on Wednesday. Petronas, like other oil majors, … Continue reading

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Shell sees potential LNG supply shortage as global demand surges

February 26, 2018 By PennEnergy Editorial Staff Source: Shell The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook. … Continue reading

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