Singapore’s fabrication and engineering service provide TRIYARDS Holdings made a 59% year-on-year jump in net attributable profit to US$8.4 million in the fourth quarter, driven mainly by liftboat construction, the company said. Work done on liftboats…
No hydrocarbon show at the ROC Oil-operated block 09/05 in the Bohai Bay basin in China, says joint venture partner AWE Ltd. The well, QK12-3-1D, which is now preparing for abandonment, is the second of the two planned exploration wells in the block…
In Repsol's 2016-2020 Strategic Plan, unveiled today, the company vowed to cut spending by 38% and divest US$7.1 billion (€6.2 billion) in non-strategic assets. The company said it expected to make half of those divestments in the next two years…
In this video FAR Ltd’s managing director Catherine Norman, explains the company’s upcoming appraisal/exploration drilling program, as part of the Cairn Energy operated offshore Senegal permits. Cairn, with FAR and other joint venture partners in Senegal…
Iran’s historic nuclear deal with six world powers was approved by the country’s parliament today (13 October) with 64% in favor of the bill, clearing a hurdle for sanctions against Iran being lifted. Iranian parliament approves JCPOA bill…
Fugro has been awarded a contract by Blue Stream Pipeline Co. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System…
Classification society ClassNK has commenced verification tests of its condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX for Mitsui’s MAN B&W engines. The system is being jointly developed by ClassNK, Mitsui Engineering & Shipbuilding Co…
MacGregor entered into an agreement with Guangzhou Shunhai Shipyard to deliver anchor handling winch packages for five 48m anchor handling tug supply (AHTS) vessels. Each will have a 75-tonne bollard pull and one 40m AHTS vessel with a 70-tonne bollard pull…
Aqualis Offshore opens an office in Kuala Lumpur, Malaysia. The Kuala Lumpur office will offer the group’s full range of services with support from other group offices. However, its initial focus will be on transportation and installation…
Shell started production from its new offshore platform in the Malampaya natural gas field, off the Philippines. Malampaya. From Shell. The offshore platform known as the depletion…
In this video, EXMAR shows a time-lapse video of the construction of the Caribbean FLNG at Wilson Shipyard, located in Nantong China. In EXMAR's 2Q 2015 report, the company revealed that pre-commissioning of the Caribbean FLNG ws proceeded as planned for 3Q…
With the spud of the Mengkuang-1 exploration well, in license PM307, Lundin Petroleum has resumed exploration offshore Malaysia. Lundin says the well will target hydrocarbons in Miocene-aged sands 75km to the northwest of the Lundin-operated Bertam field…
Electromagnetic Geoservcies (EMGS) signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL (owner of the vessel) at new and improved commercial terms. The new terms are valid as of 1 October 2015. The Galatea and Thalassa vessels…
Aker Solutions has been awarded a contract from Murphy Sabah Oil Co., Ltd. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia. The delivery includes hardware for four subsea wells…
AVEVA announced that Orgneftekhim Holding, the parent company for a number of Russian engineering institutes and construction and procurement companies, has standardized on AVEVA Everything3D (AVEVA E3D) for all engineering and design projects…