Offshore Asia News - page 159

 

Yinson Buys Ezion

Apr 02, 2019

Singapore's ailing offshore and marine firm Ezion Holdings (EHL) has found a saviour in Malaysian-listed Yinson Holdings, the world's sixth largest floating, production, storage and offloading (FPSO) operator.Yinson Eden Pte Ltd (YEPL) made…

Ocean Geo-Frontier Tallies Survey Contract

Apr 01, 2019

New joint venture company Ocean Geo-Frontier (OGF) on Monday signed a consignment service agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) for geophysical surveys to be conducted by a three-dimensional geophysical survey vessel…

MacGregor Bags Order from CNOOC

Mar 26, 2019

MacGregor announced Tuesday it has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a semi-submersible floating production unit (FPU) being built for a deepwater natural gas field in the western part of the South China Sea…

InterMoor Wins Jadestone Contract

Mar 25, 2019

Mooring solutions provider InterMoor said it has been contracted by Jadestone Energy to carry out a feasibility study for a permanent spread mooring system for a floating production storage and offloading unit (FPSO) at Nam Du field located in block 46/07…

TechnipFMC Scores Merakes Contract

Mar 25, 2019

TechnipFMC announced Monday it has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by operator Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1…

Sapura Energy Posts Quarterly Profit

Mar 25, 2019

Malaysia's largest oil and gas services company Sapura Energy on Monday reported a profit for the fourth quarter on gains from disposal of a subsidiary stake, after five consecutive quarters of losses.Sapura's declared net profits of 500.4 million ringgit ($123…

Murphy Oil Sells Malaysian Assets

Mar 21, 2019

Murphy Oil Corp said on Thursday it is exiting Malaysia with the $2.13 billion sale of its oil and gas assets to a Thai company and will use the deal proceeds to pay down debt, buy back shares and fund potential deals in the United States.The buyer…

Ophir Agrees to be Bought by Medco

Mar 21, 2019

London-listed Ophir Energy Plc said on Wednesday it agreed to be bought by Indonesian oil and gas group Medco for a sweetened cash bid of 408.4 million pounds ($539 million) after previously agreeing to a lower offer.Under the terms, Ophir shareholders will receive 57…

Shelf Drilling Stands Tall in Shallow Water

Mar 18, 2019

In a sign that national oil companies aren’t giving up their nation-building efforts anytime soon, the near-shore, jack-up rig market is experiencing a swell of business that’s lifting fortunes and impressing seasoned rig hands.The global number…

Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

Platform Installed at D28 Off Malaysia

Mar 12, 2019

A lightweight, conductor-supported, minimum facility wellhead platform has been installed in 35 m water depth for the D28 oilfield Phase 1 project offshore Sarawak, Malaysia, for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd, 2H Offshore announced on Tuesday…

i-Tech 7 Taps Hird as APAC Director

Mar 12, 2019

Subsea 7’s life of field business unit i-Tech 7 has appointed Simon Hird as its new regional director to help strengthen and grow its life of field business in the Asia-Pacific region. He will be based in the company’s Perth office.Hird brings…

Atals Sets Sights on Asian Offshore

Mar 12, 2019

Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region.'With the offshore renewables industry surging ahead as countries aim to achieve their climate targets…

Petronas Q4 Profit Skids 21%

Mar 08, 2019

Malaysian state oil firm Petronas said on Friday its fourth-quarter profit slid 21 percent as costs piled up, and warned it will have to chart a way through a volatile, challenging 2019 citing market uncertainties and geopolitical risks.Petronas…

DOF Subsea Tallies Multiple Contracts

Mar 05, 2019

DOF Subsea announced Tuesday it has been awarded various contracts, securing utilization for vessels in the subsea inspection, maintenance and repair (IMR) projects segment.The company said its Atlantic region has been awarded a contract by…

Current News

Hindustan Oil Exploration Company Pauses Output At West India Oilfield

Hindustan Oil Exploration Comp

DOF Group ASA Awarded Two Long-Term Contracts With Petrobras

DOF Group ASA Awarded Two Long

Petrobas Awards Fugro Four Multi-Year Contracts

Petrobas Awards Fugro Four Mul

Shell Boosts Production from Norway’s Ormen Lange Offshore Field

Shell Boosts Production from N

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine