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Monday, 29 February 2016 00:30

Bumi Armada posts loss

Malaysia-based Bumi Armada Berhad reported Q4 2015 revenue of RM589.0 million, which was 16.1% lower than the corresponding quarter in…
Wednesday, 10 February 2016 09:29

Petronas axes Lahad Datu LNG project

Petronas Gas and Sabah Energy have canceled the Lahad Datu liquefied natural gas (LNG) project in Malaysia, which was originally…
Tuesday, 02 February 2016 02:56

Talisman picks Plexus wellhead

Aberdeen-based Plexus Holdings has secured an order from Talisman Malaysia for the supply of a wellhead system for an exploration…
Monday, 01 February 2016 15:02

Lundin, DYAS in Malaysia farm-out

Lundin Malaysia has signed farm-out agreements (FOA) with certain wholly owned subsidiaries of DYAS for part of its working interests…
Monday, 01 February 2016 10:13

Improved drilling performance

Exceed’s Tim Wigham tells us why investing in people, process and performance will yield significant long-term savings. TENAGA crew attaching…
Monday, 01 February 2016 09:55

Spending cuts deepen in 2016

Despite the slump in upstream spending, several noteworthy projects in the region are set to see major investments. Audrey Raj…
Lundin Malaysia has commenced drilling of the shallow water Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan…
Wednesday, 27 January 2016 21:37

Murphy cuts budget by 62%

Sarawak gas project operator, US-based Murphy Oil Corp., reported net loss of US$2.27 billion for 2015, plus cuts budget by…
Wednesday, 27 January 2016 03:50

Petra selects Ampelmann offshore access

Dutch offshore access firm Ampelmann has won its first contract with Petra Resources, for end client PETRONAS, to supply offshore…
Monday, 25 January 2016 08:39

Lundin completes Bambazon

Lundin Malaysia has completed the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia. The Bambazon well encountered approximately 15m…