Mozambique’s emerging LNG business may be picking up after a quiet period. John Sheehan reports on progress made, including Eni’s Coral FLNG project. An Anadarko employee. Images from Anadarko…
Mubadala Petroleum has reached agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (FPSO), which continued extension of the Jasmine development’s field life…
EMAS Offshore announced net loss of US$265.3 million for the full year ended 31 August 2016 due to revenue decline in its offshore support vessel (OSV) unit. Net loss for the three months ended 31 August 2016 stood at $98.5 million.The group recorded revenue of $167…
Inpex made a gas find at an exploration well offshore the Shimane and Yamaguchi prefectures in Japan. The Transocean M.G. Hulme Jr., from Inpex. The Transocean M.G. Hulme Jr. semisubmersible…
Mekers Offshore launched its first in a series of liftboats at Dajin Heavy Industries yard in Jiangsu, China. The self-elevating liftboat is a four-legged, DP2, self-propelled vessel with a working depth of 70m. It can house up to 250…
Sembcorp Marine posted a 26% loss in its group revenue that resulted in the rig builder to cut about 8000 jobs amid the tough operating environment, the company revealed in its Q3 2016 and nine month results. Image of the Safe Zephyrus…
Huisman, a specialist in lifting, drilling and subsea solutions, secured a contract from Japan Marine United Corp. for the delivery of one 800-tonne pedestal mounted crane (PMC) and a contract from Jurong Shipyard for the delivery of one 100-tonne pedestal mounted offshore crane (PMOC)…
Keppel Offshore & Marine's (Keppel O&M) subsidiary Keppel Shipyard is on track to deliver a floating production storage and offloading (FPSO) vessel to Armada Madura EPC. Armada Madura is a joint venture between Shapoorji Pallonji and Bumi Armada…
Nido Petroluem is launching a US$24 million (A$31.9 million) offer to fund drilling of an appraisal well to the Galoc discovery, offshore the Philippines. Nido is looking to raise the funds through an 11.2 for 1 pro‐rata renounceable entitlement offer of new shares at an offer price of $…
Singapore’s Keppel is cutting more than 3000 jobs in its offshore and marine division (Keppel O&M) due to slow global growth and weak demand in the first nine months of the year, the company said today (20 October). Image from Keppel…
Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for the Petronas NC3 gas field, located in Block SK316, 200km north of Bintulu, Sarawak in Malaysia. Trelleborg provided PAPE Engineering…
Maersk Drilling has named its fourth XL Enhanced ultra harsh environment jackup the Maersk Invincible, on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea. Maersk Invincible…
Petronas Carigali awarded Technip a subsea contract for the Samarang Redevelopment Project Phase 2 EOR, offshore Malaysia. Under the terms, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines…
Tenaris opened a new premium threading facility in Aktau, Kazakhstan. The new plant will support Tenaris’s long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO) and will enhance service offerings…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…