Fossil Energy
Jasa Merin bags SSV contract from Carigali Hess
SILK Holdings Bhd has announced that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd, has been awarded a contract by Carigali Hess Operating Company Sdn Bhd, for the provision of Straight Supply Vessel (SSV). The contract which started on 12 May 2014 is for a primary term of two years with three exten
PDZ enters offshore oil and gas services business
Malaysia’s PDZ Holdings Bhd, an investment holding company, engaged in container liner business, is stepping into the offshore oil and gas business. In a Bursa Malaysia filing issued Wednesday, May 14, the company said it planned to acquire a 20% share in Efogen Sdn Bhd. Efogen is principally involv
Video: Cobham Life Support launches Survivor+
A new class of maritime safety system, the innovative Survivor+, was successfully launched by Cobham Life Support at this year’s Offshore Technology Conference (OTC) in Houston, Texas.
Statoil: Rising costs on NCS in focus at energy seminar in Bergen
Statoil’s executive vice president for Development and Production Norway, Arne Sigve Nylund, together with Margareth Øvrum, executive vice president for Technology, Projects and Drilling, presented Statoil’s views on what it takes to achieve profitable production from the Norwegian Continental Shelf
Centrica to extend Chestnut field life with new FPSO deal
New FPSO contract between Centrica and Teekay is expected to prolong the life of the Chestnut field in the UK sector of the North Sea. Atlantic Petroleum UK Limited, a partner in the field, today revealed that Centrica Energy on behalf of the Chestnut joint venture (Licence P.354) has entered into a
Vietnam: PM calls for peace over China’s drilling rig dispute
Vietnam’s Prime Minister Nguyen Tan Dung has urged the Ministry of Public Security to ensure security of people and assets in the country, especially those of foreign investors, following this week’s riots in which several factories were set on fire. The protests are being held in response to China’
SapuraKencana nets several contracts worth $312M
Malaysian oilfield services provider SapuraKencana has secured several new contracts through its subsidiaries. The total value of the contracts is $312 million.
Xodus and TNO to coordinate pioneering industry project
International energy consultancy Xodus Group and Dutch innovation company TNO will co-ordinate a Joint Industry Programme (JIP) of multiphase flow induced vibration in the integrity of offshore piping systems. Xodus Group and TNO will co-ordinate key industry players BP, Shell, Statoil, Total, Lundi
Apache extends Dampier Spirit FSO contract
Teekay Offshore has secured a long-term contract extension for its Dampier Spirit floating storage and offtake vessel.
Nido spuds Baragatan well
Drilling operation has started at the SC 63 block, located offshore Palawan, the Philippines.
Nam Cheong’s 1Q net profit increases 99%
Nam Cheong Limited, an offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia’s largest Offshore Support Vessel builder, today reported strong revenue and net profit for the three months ended March 31, 2014. Net profit surged 99% to hit a h
DOF Subsea secures work for $80M
DOF Subsea AS, a subsidiary of DOF ASA, has been awarded several contracts, with a total value of approximately NOK 475 million ($80 million). In the Asia Pacific region, DOF Subsea has been awarded several contracts including IMR services and subsea installation work. The contract awards will secur
Registration live for Offshore Energy Exhibition & Conference and OWIM 2014
Preparations for the 7th Offshore Energy Exhibition & Conference are well underway. On 28 & 29 October 2014 Amsterdam will again be the place to meet the international offshore community. With visitors from over 60 different countries and a proven track record of steady growth since its foundation
Dana becomes operator in 12/06 licence (Denmark)
Dana Petroleum has now acquired 40 per cent equity in the Danish 12/06 licence from PA Resources and will assume operatorship from 1 June. PA Resources retains a 24 percent interest in the licence. Following on from the transfer of operatorship, Dana plans to drill an appraisal well on the Lille Joh