Large, highly enriched accumulations of natural gas hydrates have been discovered in the Bay of Bengal, India, according to the US Geological Survey (USGS). It is the first discovery of its kind in the Indian Ocean that has the potential to be producible…
International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC). Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India…
Keppel Corp. reported a 45% decline in its profits in 1H 2016, as the Singaporean shipbuilder announced a reduction in its workforce by more than 5000. Image from Keppel. In the first six months of the year…
Malaysian state oil firm Petronas has awarded its first production sharing contract (PSC) for 2016, and given Thailand's PTTEP its first operatorship in Malaysia. The PSC was awarded to PTTEP HK Offshore, Kufpec Malaysia, and Petronas Carigali for the exploration Block SK410B…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
Keppel Offshore & Marine (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine has secured contracts from Jan De Nul Group to build three trailing suction hopper dredgers (TSHDs) with an estimated value US$74 million (S$100 million). The…
Offshore drilling services provider Ensco has revealed several global contracts in its latest fleet status report, along with its decision to sell several of its rigs for scrap value. Image from Ensco…
Integrated subsea and offshore solution provider Unique Group, through its subsidiary Unique Maritime Group (SEA), completed the acquisition of Oceanvision PTE Ltd. and Oceanvision Equipment Services PTE Ltd. Oceanvision will now be part…
Ezion Investments (EIPL), a subsidiary of Singapore's Ezion Holdings, has formed a joint venture agreement with Pacific International Offshore (PIO) to work together to provide additional assets to an existing client, a national oil company…
Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India. The purpose of the work is to gather site specific geotechnical and geohazard data to aid in the design and later installation of wellheads…
Tenaris has inaugurated its first service center in Thailand in order to serve Chevron. From Songkhla, an important harbor on the Gulf of Thailand, Tenaris will supply the major OCTG and Rig Direct services. Tenaris will provide 80,000-ton of chrome and carbon casing and tubing…
Mermaid Subsea Services (Thailand) (MSST) has been awarded a contract to provide technical support service personnel to a national offshore oil and gas engineering, procurement, installation and commissioning company with large-scale projects internationally…
Houston-based Dril-Quip’s wholly owned subsidiary Dril-Quip Asia Pacific was awarded a US$40 million contract in late June to supply subsea drilling and production equipment and related services to Kangean Energy Indonesia Ltd., a contractor for SKK Migas…
Aker Solutions has secured a contract from Idemitsu Oil and Gas to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam. It is the first time Aker Solutions teams up with…
Forum Energy Technologies (FET) had entered into a contract with New Orient Marine to supply three remotely operated vehicles (ROVs) for New Orient Marine's multi-purpose ice-class vessel currently under construction in Singapore. Perry XYX 200 ROV…