Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…
Shearwater GeoServices said it has been awarded a contract for combined 3D and 2D seismic survey in Southeast Asia for the SW Vespucci Multi-Purpose Vessel (MPV).The contract covers an area of 1,600 square kilometers for 3D seismic with associated 2D work to be executed over a 1…
McDermott International said it has been awarded a front-end engineering design (FEED) contract by POSCO INTERNATIONAL Corporation for the Shwe Phase 3 gas field development, located approximately 70 kilometers offshore Myanmar.Building on McDermott's…
New technology brought to market by Cortez Subsea and AFGlobal aims to reduce cost and risk to pipelay.The Stinger Deployed Diverless Connector (SDDC) has been developed to conduct pipeline tie-ins using a remotely operated underwater vehicle (ROV) and…
China's national offshore producer CNOOC Ltd expects its major deepwater gas field Lingshui 17-2 in the South China Sea to start its first gas production at the end of 2021, a company executive said on Tuesday.Chinese state-run energy producers…
Rig inspection services company ModuSpec said it has reemerged as an independent operating company following a strategic restructure of engineering and technical professional services organization Lloyd’s Register (LR).In March, LR announced…
Malaysia's state-owned energy firm Petroliam Nasional Bhd reported an 8% increase in second-quarter profit on Friday because of a weaker Malaysian ringgit, though that was partially offset by higher product costs.Petronas, as the company is known…
Van Oord said it has been awarded the contract by Ørsted for the cable installation works at the Greater Changhua 1 & 2a offshore wind farms located between 35 and 60 kilometers off the west coast of Changhua County, Taiwan.Van Oord is responsible for the transportation…
Ukraine's new government on Thursday stripped U.S.-based Trident Acquisitions of the right to explore and develop oil and gas reserves in the Black Sea shelf, prompting the company to say Ukraine had lost out on $1 billion in new investment…
Marine seismic surveyor SeaBird Exploration said it has been awarded a contact to acquire 2D seismic data in the Australasia region. The survey is due to commence during the fourth quarter of 2019 and is estimated to run for approximately three to four months plus mobilization…
Steel tubular manufacturer Sif said it has opened a Tokyo sales office in a move to capitalize on developing offshore wind projects in the region.The company said in a statement that it has closely followed market developments in Japan since 2015 and…
Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies.“South Korea is a peninsula surrounded by three seas…
Heavy lift and transport company ALE said it performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the Dongfang gas fields in the South China Sea to support natural gas development in the region…
National Oilwell Varco (NOV) said that it was awarded a contract to design and build equipment for one of the world's largest offshore wind turbine installation vessels. Financial details were not disclosed.According to a press release, NOV…
Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades.THe company's Sembcorp…