Category: Asia

China builds record-breaking floating wind turbine — it could change the face of renewable energy

Aug. 15 (livescience.com) Chinese engineers have created a prototype floating wind turbine that they say has broken power generation records — potentially ushering in a new generation of renewable power generation. The turbine is the result of research by Chinese energy giant China Huaneng Group and power generator Dongfang Electric Corporation, both of which are state-owned enterprises. Each turbine... Continue Reading →

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Bumi Armada-MISC merger falls through

(offshore-energy.biz) Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought. A few months ago, Bumi Armada revealed that the due diligence exercise with MISC was... Continue Reading →

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Seatrium enlists Axess for compliance work on Brazil-bound FPSOs

(offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has won contracts with Singapore’s Seatrium to secure compliance with Brazilian standards for six floating production storage and offloading (FPSO) units set to work with Brazil’s state-owned energy giant Petrobras. The Norwegian player disclosed that it will assist Seatrium with Brazilian Regulatory Compliance (BRC) services for six... Continue Reading →

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Sapura Energy Rebrands to Vantris Energy

(OE) Malaysia-based offshore services firm Sapura Energy has officially changed its name to Vantris Energy, to reflect the cumulative effort the company has made in its corporate transformation. This name change follows shareholder approval at an Extraordinary General Meeting held on 30 July 2025.   The new name takes effect on 1 August 2025, following... Continue Reading →

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Seatrium secures $400 million sustainability-linked credit facility

(offshore-energy.biz) Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). Seatrium stated that the credit facility, secured through its wholly owned subsidiary Seatrium Financial Services (SFS), aligns with the sustainable finance framework and includes revolving credit features that will enhance the company’s... Continue Reading →

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SBM Offshore’s fifth Guyana-bound FPSO enters drydock

(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at... Continue Reading →

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