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Monday, 24 October 2016 03:20

Keppel to deliver third Armada Madura FPSO

Keppel Offshore & Marine's (Keppel O&M) subsidiary Keppel Shipyard is on track to deliver a floating production storage and offloading…
Thursday, 20 October 2016 10:55

Keppel O&M job cuts hit 8000 in 2016

Keppel O&M has cut more than 3000 jobs in Q3 due to slow global growth and weak demand in the…
Friday, 30 September 2016 10:35

MaMPU 1 sails to Petronas off Sarawak

MISC Berhad saw the sailaway of its Marginal Marine Production Unit (MaMPU 1), a fit-for-purpose FPSO for the development of…
Tuesday, 27 September 2016 21:17

Neptune bags Quadrant inspection support

Neptune has been awarded an inspection support services contract by Quadrant Energy Australia, which commenced late June. It involves the…
Thursday, 22 September 2016 07:42

Santos in SPP Indonesia extension

Santos and its partners are moving forward with the Sampang Sustainability Project (SPP) that will extend the life of the…
Monday, 29 August 2016 21:52

Bumi Q2 earnings decline

Malaysian FPSO player Bumi Armada reported 12.2% lower revenue of RM402.9 million and net loss of RM518.3 million in Q2…
Singapore’s Keppel Offshore & Marine is on track to deliver the floating production storage and offloading (FPSO) vessel, Armada Kraken,…
Tuesday, 23 August 2016 23:30

Indonesia ends oil production decline

Indonesia has managed to increase oil production this year, a first for the country since 2008, mainly due to output…
Monday, 22 August 2016 00:13

Sembcorp buys LMG

Singaporean shipbuilder Sembcorp Marine is set to acquire 100% equity stake in Norway-headquartered LMG Marin AS for US$20 million. LMG…
Monday, 08 August 2016 00:43

Cosco runs up Q2 loss of SG$36.8m

SGX-listed Cosco Corp. recorded loss of SG$36.8 million in Q2 2016 compared to loss of $4.8 million in Q2 2015…