
OceanMight, a subsidiary of Sarawak-headquartered KKB Engineering, has been tasked with handling a segment of the construction of a fixed offshore structure and host tie-in at a greenfield development (GFD) project off the coast of Malaysia.

Saipem’s jack-up rig Perro Negro 7 is set to resume operations in Saudi Arabia this month, after the contract it had secured in 2011 was temporarily suspended in 2024. Saipem won the contract for Perro Negro 7 in 2011 and secured an extension in June 2023 for ten years. The contract was temporarily