Search results for: Malay Basin

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A list of search results

  • 15 June 2015
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad’s (MHB) subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has secured contracts worth RM 324 million ($86.15 million).  According to the company, these contracts involve offshore structural component fabrication works, hook up and commissioning and related topside construction work for facilities improvement project as well as  for […]

  • 5 February 2018
    Business & Finance

    Malaysian energy services and production company Sapura Energy has scored several offshore contracts worth around $232 million.

  • 31 October 2018
    Business & Finance

    Hess Corporation has returned to profit in the third quarter of 2018 compared to the prior-year quarter helped by higher crude oil selling prices.

  • 27 December 2012
    Business & Finance

    Singapore’s Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD 343 million)  – to bring the group’s total order wins for 2012 to S$9.9 billion (USD 8.1 billion). Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With the strong confidence […]

  • 27 December 2012
    Business & Finance, Project & Tenders

    Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD 343 mln) – to bring the group’s total order wins for 2012 to S$9.9 billion (USD 8.1 bln). Mr Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With the strong confidence […]

  • 19 February 2013
    Business & Finance

    One of the largest offshore accommodation units in the world will be installed with a Cathelco impressed current cathodic protection system to protect its underwater surfaces against corrosion. The Prosafe GVA3000E, currently under construction at the Jurong Shipyard in Singapore, will eventually be positioned on the North Sea Norwegian continental shelf where it will provide […]

  • 27 December 2012
    Business & Finance

    Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million – to bring the group’s total order wins for 2012 to S$9.9 billion. Mr Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With the strong confidence and support of new and repeat […]

  • 29 January 2020

    Hess Corporation has decided to raise its yearly budget to $3 billion with plans to use more than 80% of it on high return investments in Guyana and the Bakken.

  • 5 December 2014
    Business & Finance, Exploration & Production

    Malaysian oilfield services provider SapuraKencana has today announced several new contracts and contracts extensions. The contracts, worth $459 million in total, have been awarded to the company’s Fabrication, Hook-up and Commissioning division, Offshore Construction and Subsea Services division and Drilling division.   SapuraKencana’s Fabrication, Hook-up and Commissioning division scored the most lucrative batch of three contracts with various […]

  • 5 February 2018
    Business & Finance

    Hess Corporation narrowed its net loss in the fourth quarter 2017 as its revenues fell when compared to the same period last year. Hess in January eliminated about 400 positions. 

  • 31 January 2018
    Business & Finance

    Hess Corporation will spend about two thirds of its 2018 budget on Guyana asset and Bakken shale play. 

  • 18 January 2012
    Business & Finance

    Nam Cheong Limited, global Offshore Support Vessel (OSV) shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, announced that it has, through its wholly-owned subsidiary Nam Cheong International Ltd, sold a RM84 million (approximately S$34.3 million) 300 men Accommodation Work Barge (AWB) to CNN Capital Bhd, a new Malaysian customer. […]

  • 10 December 2018
    Business & Finance

    Hess Corporation will allocate 75% of its 2019 E&P capital and exploratory budget of $2.9 billion to high return assets in the Bakken and Guyana.

  • 11 December 2013
    Business & Finance, Operations & Maintenance

    Salamander announces that it has signed a Production Sharing Contract (“PSC”) for Block PM322, located in the Melaka Straits on the Malay side of the Central Sumatra Basin, offshore West Coast Peninsular Malaysia. Block PM322 is the Group’s first licence in Malaysia. Salamander will operate the PSC with an 85% working interest. The PM322 PSC […]

  • 11 December 2013
    Business & Finance

    Salamander has signed a Production Sharing Contract (“PSC”) for Block PM322, located in the Melaka Straits on the Malay side of the Central Sumatra Basin, offshore West Coast Peninsular Malaysia. Block PM322 is the Group’s first licence in Malaysia. Salamander will operate the PSC with an 85% working interest. The PM322 PSC contains the Port […]

  • 20 November 2014
    Business & Finance

    SapuraKencana Petroleum Berhad will buy Petronas’ interest in three blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of $400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date, the company said […]

  • 28 November 2018
    Project & Tenders

    Jadestone Energy is targeting a final investment decision for a shallow water gas development located offshore Vietnam for the second half of 2019. 

  • 16 August 2016
    Business & Finance

    Mitra Energy has entered into an agreement with Inpex to buy 30% interest in Blocks 05-1b and 05-1c, located offshore Vietnam.  Mitra’s subsidiary Mitra Energy (Vietnam 05-1) Pte Ltd, as buyer, and Mitra, as guarantor, have signed a definitive sale & purchase agreement (SPA) with Teikoku Oil (Con Son) Co., Ltd, a wholly-owned subsidiary of […]

  • 25 February 2020
    Project & Tenders

    Jadestone Energy expects approval for its development plan for the Nam Du and U Minh gas fields, offshore southwest Vietnam, to happen shortly. 

  • 21 October 2019
    Project & Tenders

    Jadestone Energy has submitted the field development plan for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Petrovietnam.

  • 19 March 2020
    Project & Tenders

    Jadestone Energy has decided to delay its gas development project offshore Vietnam due to the current market situation and as a result of a decision to reduce its 2020 capital expenditure guidance. 

  • 18 June 2015
    Business & Finance

    Vietnam Oil and Gas Group (Petrovietnam) has acquired 100% of the shares of the Chevron companies with assets in Vietnam and the operatorship that are part of the Block B, Block 48 & 95 and Block 52/97 projects, off Vietnam’s continental shelf. These companies include Chevron Vietnam (Block B) Ltd, holding a 42.38 % operating […]