Proserv has been awarded a multi-million dollar contract with Premier Oil for work in Asia Pacific. Proserv will supply a subsea control system and associated equipment for the BIGP (Bison, Iguana & Gajah Puteri) development project, located in the Natuna Sea…
Dr. Toshiyuki Shigemi has been appointed as executive vice president as well as executive director of ClassNK. Image of Shigemi, from ClassNK. Yasushi Nakamura has stepped down as senior executive vice president…
SapuraKencana Petroleum Berhad’s (SKPB) has signed several awards through its wholly-owned subsidiaries with a combined value of approximately US$97.4 million (RM 433.6 million). SapuraKencana TL Offshore Sdn. Bhd. (SKTLO) has been awarded…
Infield Systems’ Neda Djahansouzi gives a flavor of the forecasted fixed platform market in 2017-2021, while we let some figures speak for themselves. Sources: Infield Systems Over…
Mexico’s energy reform has weathered both the storms of public scrutiny as well as the bad luck of launching during a global oil price downturn. Despite the challenges, Mexico has seen some modest success, but will it continue? Audrey Leon reports…
2016 was a year of huge challenges for the offshore drilling rig sector as the low oil price environment and reduced E&P spending continued to bite. Stephen Gordon, of Clarksons Research, charts the state of the market, which is arguably facing some of its toughest times since the 1980s…
Ophir Production has contracted a vessel for its Ophir floating production field development offshore Malaysia. The tanker Puteri Bangsa will be converted into the MTC Ledang floating production, storage and offloading (FPSO) unit by Malaysian firm MTC Engineering for use on the Ophir field…
Newfield Exploration Co. signed a sales agreement with some of its joint venture partners to divest its non-operated 12% stake in the Bohai Bay field in China for approximately US$39 million. The deal is subject to customary regulatory approval…
French geoscience firm CGG has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam. The contract will run for a period of six years, from 1 January 2017 to 31 December 2022…
Inpex held double naming ceremonies at two South Korean yards for the FPSO and CPF related to the Ichthys LNG project, following the end of construction of both facilities. At Daewoo Shipbuilding and Marine Engineering (DSME) shipyard…
India's government has awarded 31 contract areas as part of its Discovered Small Fields (DSF) bid round 2016, including eight offshore. A total of 134 bids were received for 34 contract areas. Of those, 22 companies (singly or in consortium) were shortlisted for 31 Contract Areas…
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…
An updated full field development plan (FFDP) for the Te Giac Trang (TGT) field, offshore southern Vietnam, has been approved by the country's government. The FFDP was formally submitted to the relevant authorities in Q4 2016, says partner in the Hoang Long joint operating company…
Sri Lanka’s government is offering a tender for Block M2 later this year, giving companies opportunities to undertake appraisal and development of gas discoveries and prospects, according to the country’s Ministry of Petroleum Resources Development…
Bell Geospace and Onyx Engineering are launching data from a multiclient FTG program offshore Malaysia, with support from state oil firm Petronas. The multiclient FTG program includes airborne 3D Full Tensor Gradiometry (FTG) and magnetic…
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