Most popular news of the week Feb 10 – 16, 2014

Petrobras Awards Contracts for Eight Support Vessels

Petrobras’ Executive Board has approved the contracting of eight support vessels for its offshore activities.

Petronas makes FID for second FLNG project

PETRONAS has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia.

Fecon orders three jack-up rigs from Keppel. Price: $650M

Keppel FELS  has secured contracts to build three high-specification KFELS B Class jackup rigs worth about US$650 million from new customer Fecon International Corp. (Fecon).

Statoil: Concept selected for giant Johan Sverdrup field

Statoil and the partners in the Johan Sverdrup field have decided on a concept for the first development phase.

UMW orders two jack-up rigs. Expects high demand

Malaysia’s UMW Oil & Gas has placed an order for two new jack-up drilling rigs, hoping to benefit from the high demand for such units in the region.

Coastal Contracts to supply $372M jack-up unit for Pemex

Coastal Contracts Bhd’s subsidiary, Thaumas Marine Ltd (“TM”) has secured a charter contract to provide a self-elevated jack-up unit with gas compression capabilities for Mexico’s Pemex.

Subsea 7 orders eight Perry ROVs for Brazilian operations

The ROVs will be delivered through late 2014 and 2015.