Component News

 

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

Sep 09, 2025

McDermott has secured a large offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah in East Malaysia, covering the Alum, Bemban and Permai deepwater fields.Under the scope of the contract, McDermott will deliver engineering, procurement, construction and installation (EPCI) services for a carbon steel pipeline, along with transportation and installation of key subsea umbilicals…

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

Sep 26, 2025

Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11, entailing the Kuda Tasi & Jahal (KTJ) fields development project…

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Sep 08, 2025

Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…

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