Noble Corp. is adding to its cold stacked and warm stacked list, in addition to receiving an early termination notice, and signing a short term contract with Apache. Noble Tom Prosser, from Noble…
GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shut-down of four subsea wells in the Anoa field, offshore Indonesia. The deal will see GE…
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) subsidiary Malaysia Marine and Heavy Engineering (MMHE), and Eastern Pacific Industrial Corp. Berhad (EPIC) have formed the joint venture MMHE EPIC Marine & Services to provide repair services of marine vessels…
Kuala Lumpur's Mitra Energy acquired 30% interest in two blocks, Block 05-1B and Block 05-1C offshore Vietnam, from Inpex subsidiary Teikoku Oil in a US$14.3 million deal. Image from Inpex. Block 05-1…
Petrovietnam Marine Shipyard (PV Shipyard) is due to deliver the Tam Dao 05 jackup drilling rig to its client today (12 August). Earlier this week, the firm completed full height jacking trials on the rig. Tam Dao 05 is a Friede and Goldman JU-2000E design…
Cost reduction measures continue at Fugro, as the company plans to further reduce its workforce and fleet in the remainder of 2016. Image from Fugro. During 1H 2016, Fugro cut its headcount by 585…
Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
Wired drill pipe has been a long time coming. As operators look at cost savings across the full life cycle, the benefits are now being recognized, says NOV’s Leon Hennessy. Drill floor operations…
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…
The board of directors of Singapore-based Swiber Holdings has applied to wind up the company. A hearing will be held on 19 August. The firm also applied to put the company into provisional liquidation. Staff from KordaMentha have been appointed provisional liquidators…
BP, operator of the Tangguh LNG (liquified natural gas) project, awarded Saipem a contract for offshore work related to the Tangguh LNG Expansion Project. The award is for the engineering, procurement, construction and installation of offshore facilities…
TIdal turbine maker OpenHydro, a DCNS company, is part of a consortium which has been selected by the Japanese Ministry of the Environment to supply a tidal turbine system for installation at Naru Strait, Goto City, Nagasaki Prefecture. The consortium includes Kyuden Mirai Energy Co…
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…
Subscribe
