Harkand is pursuing its investment strategy in Asia Pacific with the addition of a multi-million dollar newbuild ROV support vessel and the appointment of a new general manager to lead future growth. The vessel, to be named Harkand Harmony…
SeaBird Exploration Plc. was awarded a 30-day contract for the Aquila Explorer from a company in the Asia Pacific region. The contract is valued at about US$3 million. The vessel is currently working for another company in the region on…
SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, Kencana HL Sdn Bhd was awarded a three-year US $180 million contract from Trans Thai-Malaysia Sdn Bhd (TTM) to provide engineering, procurement, construction, installation, and commissioning…
C-MAR Group announced that it won a contract, worth over $500,000, to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. The agreement covers 16 Maridive DP vessels to be serviced from C-MAR’s Singapore…
Exploration and production firm Northern Petroleum has promoted Keith Bush, 43, to managing director. Bush joined Northern in May 2012 as chief operating officer and was appointed to the board last November. Bush has a degree in physics…
Transocean Ltd. today announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has set a new world record for the deepest water depth by an offshore drilling rig. The rig recently spudded a well in 10,411ft (3174m) of water…
China National Offshore Oil Corporation (CNOOC) signed a production sharing contract (PSC) with PetroBroad Copower Ltd. (PetroBroad Copower) for Block 28/03 in Pearl River Mouth Basin. Block 28/03 is located in Pearl River Mouth Basin in the east part of the South China Sea…
A semisubmersible floating production system for Malaysia’s Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field…
Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering…
Sembcorp Marine’s PPL Shipyard has won two orders for turnkey contracts worth a total US$417million from Mexico's Integradora de Servicios Petroleros Oro Negro. The orders are for the construction of two jack-up rigs, scheduled for delivery at end July 2015 and end of third quarter 2015…
Salamander Energy plc began its multi-well exploration program in Block G4/50, Gulf of Thailand. The first well in the program, G4/50-4, spudded on June 27 and is being drilled on the Rayong prospect. Rayong is located in the north east of the block in the Central Kra sub-basin…
Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…
A subsidiary of Atwood Oceanics has ordered a fourth ultra-deepwater drillship from South Korea's Daewoo Shipbuilding and Marine Engineering (DSME). The vessel, to be named the Atwood Archer, will be identical to the previously ordered Atwood Advantage…
Dutch offshore lifting, drilling and subsea equipment firm Huisman has developed a new series of large, offshore cranes capable of use in ultra-deepwater and with capacities of up to 900 metric tonnes (mt). The series includes a 300mt/600mt…
Shell Philippines Exploration B.V. awarded Royal Boskalis Westminster N.V. a contract to install a Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in The Philippines. The contract value is about US$60 million; to run early-late 2014.