Misc Berhad News

 

PBJV inks Chinguetti, Banda work off Mauritania

Jun 20, 2017

Barakah Offshore Petroleum Berhad’s wholly-owned subsidiary PBJV Group won a US$14.28 million contract from Samling Resources for the provision of well intervention vessel, support vessel and services for abandonment and decommissioning of Chinguetti and Banda field…

Shell loses MISC Gumusut-Kakap arbitration

Feb 16, 2017

Malaysia's MISC Berhad has won its battle in court against supermajor Shell over contractual disputes concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS), offshore Malaysia that was filed last year…

MISC starts Benchamas 2 conversion

Jan 18, 2017

MISC Berhad has started the conversion of floating storage, and offloading unit (FSO) Benchamas 2 in a ceremony at the MMHE West Yard, Pasir Gudang, Malaysia. FSO Benchamas 2 will be a conversion of the Bunga Kelana 5, previously operated by AET…

Hibiscus to acquire 4 Shell Malaysia fields, operatorship

Oct 13, 2016

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…

MISC starts Shell Gumusut-Kakap arbitration

Oct 03, 2016

Malaysia's MISC Berhad has launched arbitration proceedings against Shell to seek resolution on contractual disputes worth some US$245 million concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS)…

MaMPU 1 sets sail for Sarawak

Sep 30, 2016

MISC Berhad saw the sailaway of its Marginal Marine Production Unit (MaMPU 1), a fit-for-purpose FPSO for the development of marginal fields, in a ceremony this week at the MMHE East Yard, Pasir Gudang.  Doves…

SapuraKencana lands US$65 million in series of contracts

Sep 01, 2016

SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…

SapuraKencana, Sparrows form partnership

Aug 25, 2016

Sparrows Group formed a partnership with SapuraKencana Technology, a wholly-owned subsidiary of SapuraKencana Petroleum Berhad to collaborate in the provision of offshore and onshore crane services including manufacturing, supply, operations…

MISC inks Chevron Benchamas 2 work

Aug 23, 2016

MISC Berhad has entered the Thailand offshore oil and gas market after winning a US$230 million, 10-year deal with Chevron for the lease and operations of a floating storage and offloading vessel (FSO). MISC’s wholly-owned subsidiary…

Marginal in Malaysia

Aug 01, 2016

Malaysia’s MISC has built a minimal facilities FPSO for use on marginal fields. John Sheehan takes a look. Malaysia Marine and Heavy Engineering handle the conversion (fabrication, installation and integration) of the FSO MaMPU 1…

Lukoil takes on Bumi ice-class vessels

Jul 20, 2016

Russia's LUKOIL-Nizhnevolzhskneft has taken into service, from contractor Bumi Armada Berhad, three ice-class vessels for use on its Vladimir Filanovsky field in the Caspian Sea. Bumi Naryan-Mar is a standby/rescue vessel equipped with oil spill response equipment and fire fighting system…

Petrobras starts fourth PLSV off Brazil

Feb 19, 2016

Sapura Navegacao Maritima’s (SNM) fourth pipelaying support vessel (PLSV), the Sapura Jade started work with Petrobras on 14 February. The Sapura Diamante. Image from SapuraKencana. The Sapura…

Lundin sells Bertam FPSO

Jan 22, 2016

Swedish exploration and production firm Lundin Petroleum is to sell the floating production vessel Bertam to Malaysian state-backed M3nergy for US$265 million. The deal, expected to complete in Q1, is subject to certain completion conditions…

Lime acquires North Sea stake

Aug 21, 2015

Image: North Sea license PL410/Hibiscus Petroleum Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway has executed an agreement…

ABB wins Bumi Angola automation deal

Jun 15, 2015

Malaysia-based Bumi Armada Berhad awarded ABB a contract to supply electrical and automation systems for a floating production, storage and offloading (FPSO) vessel for a recently discovered oilfield off the coast of Angola. Bumi is reconfiguring the former Armada Ali supertanker…

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