Kotug International News

 

Aquadrill's Polaris Drillship Catches Fire in Sri Lanka

Feb 17, 2022

Aquadrill's Polaris drillship caught fire earlier this week at Hambantota Port in Sri Lanka. According to the port authorities, the incident happened Tuesday, and the fire was quickly extinguished.'The Hambantota International Port Emergency Response Unit (ERU) together with the port’s Quality, Health, Safety & Environment Dept. (QHSE), and Port Control, responded to a fire that occurred on board the drillship “West Polaris…

Russian Oil Tanker Hit by Sanctions Heading to Malaysia

Feb 28, 2022

A Russian-flagged crude oil tanker targeted by U.S. sanctions is heading to Malaysia, shipping data showed on Monday, amid growing international scrutiny on businesses linked to Moscow following its invasion of Ukraine.The Linda, named in a U…

TAQA Group to Buy Tendeka

Feb 23, 2022

Saudi Arabia-based oilfield services company TAQA has agreed to acquire the UK-based well completion specialist Tendeka.Tendeka specializes in offering reservoir monitoring and control, advanced lower completions, and production optimization…

PHI International to Provide Crew Transfer Services for Woodside's Scarborough Project

Feb 23, 2022

Offshore helicopter operator PHI International (PHI) has said it has won 'a significant' aviation services contract with Woodside, as an operator for and on behalf of the Scarborough Joint Venture, in Western Australia. The contract will see PHI transporting personnel from Learmonth Airport…

MOL Nets Charter in Russia for New Ice-breaking Condensate Carrier

Feb 11, 2022

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking tanker that will transport condensate from the Arctic LNG 2 Project on Russia’s Gydan Peninsula.The contract was signed by a MOL subsidiary with the project company…

PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers

Jan 17, 2022

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world's biggest ship refueling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday…

South Korea's POSCO Launches Takeover Bid for Australia's Senex Energy

Oct 18, 2021

Australian coal seam gas producer Senex Energy Ltd said it had received a $605 million takeover proposal from POSCO International Corp and was opening up its books to the South Korean trader with the aim of gaining a sweeter offer.The A$815 million or A$4…

ADNOC Kicks Off Investor Meetings Ahead of Drilling Unit IPO

May 17, 2021

Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters.Banks working on ADNOC Drilling are scheduling calls with local…

Petronas Dismisses Reports on 'Exploratory Talks' with Ocean Wind as False

May 10, 2021

Malaysian oil and gas giant Petronas has dismissed reports of the company's involvement in talks with Hong Kong-based offshore wind company Ocean Wind International Industrial Limited as false.'Petronas refers to news reports that have emerged…

ADNOC's Drilling Unit to Go Public

May 10, 2021

Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday.The oil giant invited a handful of international and local…

Schlumberger Sees International Drilling Activity Improving

Apr 23, 2021

International oil activity should ramp-up through the end of this year and beyond, Schlumberger NV top boss Olivier Le Peuch said on Friday, a shift that will help the company grow revenue outside North America by double-digits in the second half of the year…

Chevron Lobbies U.S. Officials to Protect its Energy Interests in Myanmar, as Sanctions Pressure Rises

Apr 22, 2021

U.S. oil giant Chevron Corp lobbied lawmakers and government officials to protect its energy interests in Myanmar during the first quarter, as the administration of President Joe Biden comes under pressure to impose sanctions against the south Asian country’s military junta…

UAE's Zakher Marine Wins Offshore Wind Installation Deal in China

Mar 15, 2021

UAE-based offshore vessel and jack-up services provider Zakher Marine International (ZMI) has secured its first windfarm installation contract in the South China Sea valued at $110 million. 'With this award, ZMI becomes the first UAE and [Gulf…

China: INE, PetroChina to Deliver Marine Fuel Overseas

Nov 26, 2020

China's Shanghai International Energy Exchange (INE) said on Thursday it had signed an agreement with PetroChina International Co Ltd to cooperate on the overseas delivery for its low-sulfur fuel oil futures contract.Both parties have reached…

KR Authorized to Provide Statutory Services to Brunei

Oct 27, 2020

The Korean Register (KR) has been appointed to deliver statutory services on behalf of the Government of Brunei.  KR will act as a Recognized Organization (RO), with KR surveyors conducting vessel surveys and audits, issuing certificates for…

Logistics News

America's Ports to Reduce Air Pollution with $150 Million Grant

America's Ports to Reduce Air Pollution with $150 Million Grant

Energy Transition: LNG Prices Plummet, Dual-fuel LNG Newbuilds Rise

Energy Transition: LNG Prices Plummet, Dual-fuel LNG Newbuilds Rise

Simulators Track our Changing Relationship with Technology

Simulators Track our Changing Relationship with Technology

Wallenius Wilhelmsen Inks Long-Term Lease for Georgia’s Brunswick Port

Wallenius Wilhelmsen Inks Long-Term Lease for Georgia’s Brunswick Port

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