The global offshore rig count for May 2016 has fallen 20%, when compared to May 2015, with Latin America seeing the biggest drop by 57%. Image from Saudi Aramco. According to Houston-based Baker Hughes…
Singapore-based Swiber secured three new contracts worth a total of US$215 million for separate projects in the Middle East and Southeast Asia regions. Swiber was awarded an engineering, procurement, construction and installation (EPCI)…
Colin Welsh Good news at last! In recent months, I have endeavored to counter some of the gloom that has pervaded the oil business for the last eight quarters by highlighting fundamentals such…
Dr. Lena Wilson, chief executive of Scottish Enterprise and chair of Scotland’s Energy Jobs Taskforce, is leading the first ever delegation of Scottish companies to Myanmar in a bid to identify trade, investment and collaboration opportunities in the market…
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Anna Keen as regional manager for the Asia Pacific region. Keen, who previously…
Offshore handling systems firm Caley Ocean Systems is supplying Singapore based, diving and subsea equipment company Flash Tekk Engineering with saturation dive bell handling systems for its client Ultra Deep Solutions’ vessels Deep Installer and Van Gogh dive support construction vessels (DSCV)…
We have the saying “digital oilfield” within the industry, but does it exist in reality? Audrey Raj reports. Technip CEO Thierry Pilenko. Images from OTC Asia. With offshore…
There’s no disputing the somber mood of this year’s Offshore Technology Conference in Houston, but industry leaders attempted to stay upbeat. Melissa Sustaita reports. Wael Sawan executive vice president…
The downturn is forcing operators to go back to the drawing board in order to advance projects. EIC Analyst Angeline Elias provides an overview of activity in Asia Pacific. Dockwise loading out the SHWE platform…
Laurentino Rangel, a consultant with Poten & Partners, provides an overview of current floating LNG projects around the globe. PFLNG SATU. Photo from Petronas. A floating LNG…
Australia's Santos is planning drill stem tests on the G Sand and K Sand reservoirs as part of its Ande Ande Lumut (AAL) project offshore Indonesia. AAL is in the Northwest Natuna production sharing contract, in the Natuna Sea, which operator Santos shares with AWE…
SapuraKencana Energy discovered gas in two of the three wells drilled in 2015 within the SK408 block contract area, offshore Malaysia in Sarawak. The first well Jerun-1 is approximately 5km north of the 2014 Bakong gas discovery. Based on analysis of electric log…
Parker Drilling was awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia. The prior contract term was set to expire in Q3 2017 and covered operating and maintaining three customer-owned rigs in support of the Sakhalin-1 Project…
Mermaid Maritime’s Western Hemisphere business unit (MSSW) has been awarded seven different subsea projects in the Middle East with an estimated value of US$11 million. In addition, Mermaid has also secured extensions for three newbuild deliveries…
Vallourec subsidiary that specializes in the production and repair of accessories for oil and gas wells, Vallourec Tube-Alloy, opened a new plant in Singapore, to be known as Vallourec Tube-Alloy Asia-Pacific. This new site will support…
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