Search results for: Ophir field

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  • 2 June 2017
    Exploration & Production, Project & Tenders

    Australian oil and gas company Octanex started drilling the Ophir A1 well on Friday using the UMW Naga 2 jack-up drilling rig.  To recall, the rig started demobilizing from its previous drilling location and headed to the Ophir field for a three-well drilling campaign at the end of May. The Ophir A1 well is the […]

  • 8 January 2018
    Infrastructure

    Production from the Ophir field offshore Malaysia has been shut down, following a power issue on the FPSO unit. 

  • 24 April 2018

    Octanex is discussing with Petronas the termination of the risk service contract related to the Ophir field development located offshore Malaysia.

  • 28 February 2017
    Infrastructure, Project & Tenders

    Oil and gas company Octanex Limited has informed that a donor vessel has been secured for conversion into an FPSO for use on the Ophir field, offshore Malaysia.  The conversion works on the oil tanker, Puteri Bangsa, will start shortly, the company said on Tuesday. MTC Engineering (MTCE), a Malaysian oil and gas marine contractor, will be […]

  • 28 November 2018
    Infrastructure

    “2017/18 evolved into a most difficult and disappointing year,” Ernest Geoffrey Albers, Chairman of Octanex, an Australian oil and gas company, said on Thursday.

  • 25 May 2017
    Exploration & Production, Project & Tenders

    Octanex, an Australian-based oil and gas company, is getting ready for a drilling campaign at the Ophir field offshore Malaysia as it is waiting for a drilling rig to arrive at the field.  Octanex informed on Thursday that the UMW Drilling’s 2009-built Naga 2 jack-up drilling rig will shortly begin mobilization to the Ophir oil […]

  • 7 June 2018

    Partners in the Ophir field located offshore Malaysia have decided to exit the field due to economic cut-off, which will result in Petronas taking over full responsibility for the field.

  • 7 November 2016
    Exploration & Production

    Malaysian drilling contractor UMW Offshore Drilling has secured a drilling contract for one of its jack-up rigs. Namely, the company’s Naga 2 jack-up drilling unit will work for Australian oil company Octanex, drilling development wells at the Ophir field, off Malaysia. The announcement on the contract was revealed by Octanex on Monday, which said that […]

  • 15 November 2017
    Infrastructure, Project & Tenders

    Octanex has achieved first oil from its Ophir field, offshore Malaysia.

  • 23 October 2017
    Infrastructure

    Australian oil and gas company Octanex has informed that the MTC Ledang FPSO has arrived on location at the Ophir field offshore Malaysia and the commissioning activities have started. “The FPSO is in final position, all mooring lines attached. The flowline between the FPSO and the previously installed Wellhead Platform has been installed and tested,” Octanex […]

  • 20 November 2018

    Partners in the Ophir field located offshore Malaysia have handed over the field’s wellhead platform, wells, and pipeline to Petronas, following their exit from the project due to economic cut-off.

  • 11 June 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    PETRONAS has awarded a Small Field Risk Service Contract (SFRSC) to Ophir Production Sdn Bhd (Ophir Production) for the development and production of petroleum from the Ophir field, located offshore Peninsular Malaysia. Ophir Production is a joint venture company between Octanex Pte Ltd, Scomi D&P Sdn Bhd and VESTIGO Petroleum Sdn Bhd. Australia-based Octanex has […]

  • 11 June 2014
    Business & Finance, Project & Tenders

    PETRONAS has awarded a Small Field Risk Service Contract (SFRSC) to Ophir Production Sdn Bhd (Ophir Production) for the development and production of petroleum from the Ophir field, located offshore Peninsular Malaysia. Ophir Production is a joint venture company between Octanex Pte Ltd, Scomi D&P Sdn Bhd and VESTIGO Petroleum Sdn Bhd. Australia-based Octanex has […]

  • 27 November 2015
    Business & Finance, Project & Tenders

    Malaysia’s Muhibbah Engineering has been awarded a contract for the engineering, procurement, construction, installation and commissioning (EPCIC) of a wellhead platform for the Ophir oil field offshore Peninsular Malaysia.  The contract has been awarded by Ophir Production, a joint venture company that is formed by an oil and gas company listed on the Australian Securities Exchange, Octanex N.L., […]

  • 24 July 2014
    Business & Finance, Project & Tenders

    Octanex N.L. has announced that limited recourse project finance has been secured for the development of the Ophir field, offshore Malaysia. Octanex is a 50% shareholder in Ophir Production Sdn Bhd (“OPSB”) which was awarded the Ophir Risk Service Contract in June 2014. Octanex’s joint venturers in OPSB are Scomi Energy Services Bhd, a Malaysian downstream oil and […]

  • 12 April 2017
    Project & Tenders

    Dutch contractor SPT Offshore has completed the installation of the wellhead platform on the Ophir oil field offshore Malaysia. SPT said on Wednesday that the installation of the jacket began on April 9 while the boat-landing was lifted on the next day. The topside was lifted and placed on the jacket on April 11, completing […]

  • 13 March 2017
    Business & Finance, Exploration & Production

    Malaysian drilling contractor UMW Offshore Drilling has been awarded a contract for the provision of a jack-up drilling rig from compatriot Vestigo Petroleum. UMW Offshore Drilling, a subsidiary of UMW Malaysian Ventures which is in turn a subsidiary of UMW Oil & Gas Corporation (UMW-OG), will supply its UMW Naga 2 jack-up drilling rig for […]

  • 1 September 2015
    Project & Tenders

    Malaysian oil and gas company Petronas has given its consent for a revised development plan of the Ophir oil field, located offshore Malaysia. According to Octanex, an Australian company with a share in the development, the revised plan will decrease the development costs by 30 percent. As the low oil prices environment forced oilfield services […]

  • 7 December 2015
    Business & Finance, Exploration & Production

    The Netherlands-based contractor SPT Offshore has received a Letter of Intent (LoI) from Muhibbah Engineering for the detailed design of the suction pile foundation, design supervision of the jacket and full transportation and installation (T&I) of the Ophir wellhead platform. Muhibbah is the Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) contractor for the wellhead platform for the Ophir […]

  • 28 June 2017

    Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard, won four contracts worth a total of SGD 85 million (around USD 61.4 million) for the conversion, repair and modification of vessels. “Despite the current challenging market conditions, we continue to receive a regular stream of conversion, repair and modification […]

  • 28 June 2017
    Business & Finance

    Singapore’s Keppel Offshore & Marine has secured four contracts worth a total of S$85 million (USD 61.3 million) for the conversion, repair and modification of vessels. The first contract is from Dixstone Holdings Ltd, for the conversion of the M/T Tempera into an FPSO. Keppel Shipyard’s job scope includes the installation of topside process skids as well […]

  • 14 May 2018
    Business & Finance

    Africa-focused oil and gas company Ophir has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration license in Equatorial Guinea.