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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…
Wednesday, 21 September 2016 02:54

Farstad reduces OZ workforce

Norway’s Farstad Shipping will close down its management office in Melbourne and reduce its Australian onshore workforce from 65-30 due…
Thursday, 01 September 2016 12:10

SapuraKencana wins US$65 million in contracts

SapuraKencana Petroleum Berhad (SapuraKencana) has been awarded new contracts by clients with a combined value of approximately US$64.5 million (RM264…
Wednesday, 24 August 2016 21:31

COSCO delivers PSV, jackups

SGX-listed COSCO Corp. has delivered two jackup rigs and a platform supply vessel (PSV) to Foresight Group and to its…
Tuesday, 23 August 2016 09:16

MISC enters Thailand with Chevron win

MISC Berhad has broken into the Thailand offshore oil and gas market following a US$230 million win from Chevron for…
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, 15 August 2016 09:12

Quadrant fails at Driftwood-1

Quadrant Energy has failed at the Driftwood-1 commitment well after only finding minor oil shows and intersected objectives were all…
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…
Thursday, 04 August 2016 12:10

CMHI to build two vessels for OOS

Chinese shipyard China Merchants Heavy Industry (CMHI) won a contract to build two new semisubmersible combined accommodation and crane vessels…
Wednesday, 03 August 2016 10:29

Lundin, M3nergy drop FPSO deal

Lundin Petroleum has dropped out of a US$265 million deal with Malaysia’s M3nergy Investment for the sale of the Bertam…