Search results for: malaysia

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  • 8 June 2012
    Business & Finance

    Major investments plans worth MYR1.9bn ($600m) have been revealed by Malaysia Marine & Heavy Engineering (MMHE), one of Malaysia’s top providers of marine engineering services, Seatrade reported Friday. The said investment would encompass the upcoming period of four years, targeting extensive yard optimization program which will enable MMHE to meet the growing demand for its […]

  • 25 September 2012
    Business & Finance

    GE Oil & Gas (GE) today announced it will supply its gas turbine-driven compressor train technology to Malaysia’s national oil and gas company Petronas for a floating liquefied natural gas (FLNG) facility that is being developed off the coast of Malaysia. The start-up of the FLNG facility is scheduled for the fourth quarter of 2015. […]

  • 19 February 2015

    Lansdowne Oil & Gas plc has received Irish Government consent to the farm-in agreement entered into last year with PSE Kinsale Energy Limited, a subsidiary of Malaysian oil giant Petronas. Through the 80% interest and as the operator of SEL 4/07 offshore Ireland, Kinsale Energy will fund 100% of the costs of drilling a well […]

  • 28 February 2018
    Business & Finance

    MISC Berhad took delivery of the fourth Moss-type LNG carriers, the Seri Camar, on February 28.

  • 27 April 2016
    Business & Finance

    The World Association for Waterborne Transport Infrastructure (PIANC) in conjunction with DHI Water and Environment (M) Sdn Bhd and KASI Malaysia Sdn Bhd recently organized a PIANC Seminar in Kuala Lumpur, Malaysia. The aim of the event was to bring together the Malaysian navigation infrastructure community to discuss the state of navigation and navigation infrastructure projects in […]

  • 6 June 2012
    Business & Finance

    The Offshore Technology Conference (OTC) Board of Directors has approved the establishment of the Offshore Technology Conference Asia. The initial event will be held in Kuala Lumpur, Malaysia, 10-12 March 2014 and as a biennial event going forward, will be located in prominent cities throughout the region. OTC Asia will be created under the same […]

  • 6 June 2012

    The Offshore Technology Conference (OTC) Board of Directors has approved the establishment of the Offshore Technology Conference Asia. The initial event will be held in Kuala Lumpur, Malaysia, 10-12 March 2014 and as a biennial event going forward, will be located in prominent cities throughout the region. OTC Asia will be created under the same […]

  • 7 January 2016
    Equipment, Operations & Maintenance

    NEC Corporation and Telekom Malaysia have completed the landing of the South East Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable system at Melaka, Malaysia. Upon completion in 2016, the 20,000 km cable system will provide 24 Terabits per second (Tbit/s) of capacity utilizing the 100 Gbit/s coherent transmission technology. The system will link South East Asia, […]

  • 30 September 2014
    Business & Finance

    To meet the growing demand in the region, DNV GL has now opened a new office in Malaysia. The official opening of the office coincided with the company’s celebration of a double milestone: 150 years of proud history as a world leader in classification and technical assurance services and its first year as a newly […]

  • 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 […]

  • 13 April 2012
    Business & Finance

    Shell Malaysia upstream operating company Sarawak Shell Berhad and partner PETRONAS Carigali Sdn Bhd yesterday announced the signing of two new exploration and production sharing contracts (PSCs) with PETRONAS. The contracts represent new Malaysian acreage for the multinational. Andrew Brown, Royal Dutch Shell’s Upstream International Director commented, ”Shell has been doing business in Malaysia for […]

  • 28 June 2018

    Malaysia’s Icon Offshore has said it has received several contracts worth RM 277 million ($68.5 million) in total for the supply of offshore vessels to oil companies.

  • 6 March 2005

    PUTRAJAYA, Malaysia: Malaysia says it will hold talks with Indonesia to resolve a disputed maritime area in the Sulawesi Sea. “Now that both parties are claiming for possession, we will hold diplomatic talks to avoid untoward incidences,” Malaysian Prime Minister Abdullah Ahmad Badawi said told his staff at a regular morning assembly on Monday.

  • 29 July 2015
    Business & Finance

    Sparrows Group, a company that provides engineered products and services, primarily to the offshore sector, has expanded into the Malaysian market after forming a strategic partnership with a local service provider, Efficient Technology Sdn Bhd (Eftech). As part of the country-wide agreement, Sparrows Group said it will offer services such as offshore crane maintenance, crane […]

  • 27 November 2018

    Malaysia’s LNG shipping company MISC said Tuesday it chartered two liquefied natural gas carriers to LNG Shipping, a unit of Italy’s state-controlled energy giant Eni. MISC chartered the 1997-built LNG Portovenere and the 1998-built LNG Lerici. Both of the vessels have a capacity of 65,000 cubic metres. The contracts follow a memorandum of agreement between LNG Shipping […]

  • 8 October 2014

    Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deep-water projects.     The Gumusut-Kakap field is located in waters up to 1,200 metres (3,900 feet) deep. The platform is expected to reach an annual peak oil production of around 135,000 barrels […]

  • 26 October 2018

    Malaysian energy giant Petronas has urged all stakeholders in the liquefied natural gas (LNG) industry to take concrete actions to advocate natural gas, LNG and its role in the global energy mix, as a “collective effort towards a sustainable market ecosystem.” Petronas CEO Tan Sri Wan Zulkiflee Wan Ariffin said that gas will play a […]

  • 4 September 2006

    THE shipping industry, especially the offshore supply shipping services sector, was in for disappointment again when its requests for changes in the fiscal structure were once again left out in the Budget proposals for 2007 announced last Friday. The industry had through the Malaysian Shipowners’ Association made representations to the Government at various dialogues and […]

  • 20 November 2012
    Business & Finance

    Shell Malaysia today announced early first oil production from the deepwater Gumusut-Kakap (GK) field, located about 120km offshore Sabah, Malaysia. This early production, achieved on November 18th, 2012, is ahead of the completion of the GK’s Floating Production System (FPS). This is made possible by an innovative linking or tie-back of two of GK’s production […]

  • 5 June 2014

    Swedish oil and gas exploration company Lundin Petroleum chartered two anchor handlers for its operations in Malaysia.

  • 7 August 2012

    Lundin Petroleum has commenced the second well in its 2012 Malaysian drilling campaign with the spud of Berangan 1 exploration well in SB303 Block, offshore Sabah, Malaysia. The well will target hydrocarbons in mid-Miocene aged sands in a faulted anticline in an undrilled sub-basin 10 km to the southeast of the Tarap gas discovery made […]

  • 1 September 2015

    The Indonesian Navy has apprehended the suspected “mastermind” of the Orkim Harmony hijacking. As informed by the local media, the naval forces arrested a man in Indonesia’s capital Jakarta, identified as Albert Yohanes, as he is believed to had planned the hijacking of Orkim’s oil tanker in June this year. The arrest comes following months of investigation by […]