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Nam Choeng doubles profit in robust Asia Pacific offshore support market

Submitted by Paddy Harris on Tue, 2014-11-11 12:45
11th November 2014
Nam Choeng doubles profit in robust Asia Pacific offshore support market

Nam Cheong Limited has reported an 81 per cent rise in revenue to around USD 185m (RM 618.6m) for the three months ended September 30, 2014, from around USD 102m (RM 341.2) in the corresponding period last year

Eco Orient completes one well and spuds another onshore Thailand

Submitted by Paddy Harris on Tue, 2014-11-11 11:49
11th November 2014
Eco Orient completes one well and spuds another onshore Thailand

Drilling has been completed on the WBEXT-10B well and has commenced in the WBEXT-3F well in the L44/43 and L33/43 concessions in Thailand, according to concession partner Carnarvon Petroleum (20 per cent interest)

Mubadala launches production from Manora field offshore Thailand

Submitted by Paddy Harris on Tue, 2014-11-11 11:18
11th November 2014
Mubadala launches production from Manora field offshore Thailand

Mubadala Petroleum has commenced production at its operated Manora oil field in the northern Gulf of Thailand on 11 November

Vallianz enters burgeoning Indonesia OSV market

Submitted by Paddy Harris on Mon, 2014-11-10 11:21
10th November 2014
Vallianz enters burgeoning Indonesia OSV market

Vallianz Holdings is proposing to acquire a 49 per cent stake in PT Swiber Berjaya (PTSB) for USD 17.5m in order to gain entry into Indonesia’s offshore support vessel (OSV) market

Citic spuds Lofin-2 offshore Indonesia

Submitted by Paddy Harris on Thu, 2014-11-06 09:07
06th November 2014
Citic spuds Lofin-2 offshore Indonesia

Citic Seram Energy, a local subsidiary of Citic Resources, spudded the Lofin-2 well late on 31 October 2014 and has currently drilled to a depth of 153-metres and is preparing to run 30” casing

Petronas promises Keppel up to 10 million tonnes of LNG over 10 years

Submitted by Paddy Harris on Wed, 2014-11-05 09:52
05th November 2014
Petronas promises Keppel up to 10 million tonnes of LNG over 10 years

Keppel Infrastructure Holdings, through its indirect wholly-owned subsidiary Keppel Gas, has entered into a heads of agreement (HoA) with Petronas LNG to purchase up to a million tonnes of LNG per year over 10 years

Pacific Radiance sends OSV on USD 70m charter in South East Asia

Submitted by Paddy Harris on Tue, 2014-11-04 10:45
04th November 2014
Pacific Radiance sends OSV on USD 70m charter in South East Asia

Pacific Radiance has deployed its newly delivered offshore support vessel on a charter in South East Asia

Alam Maritim bags USD 9.56m floater demobilisation award offshore Malaysia

Submitted by Paddy Harris on Tue, 2014-11-04 09:33
04th November 2014
Alam Maritim bags floater demobilisation award offshore Malaysia

Alam Maritim has received a letter of award (LoA) from a local oil and gas services company for the provision of demobilisation of a floating storage facility for a total contract sum of around USD 9.56m

EMGS performs maiden seismic shoot offshore Thailand for mystery operator

Submitted by Paddy Harris on Fri, 2014-10-31 08:47
31st October 2014
EMGS performs maiden seismic shoot offshore Thailand for mystery operator

Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7m from an oil company for 3D EM data acquisition in Thailand and Myanmar

BP reenlists KBR for third Tangguh liquefaction train design onshore Indonesia

Submitted by Paddy Harris on Thu, 2014-10-30 17:04
30th October 2014
BP reenlists KBR for third Tangguh liquefaction train design onshore Indonesia

KBR has announced that its joint venture partnership with PT Rekayasa Industri, JGC Corporation and PT JGC Indonesia, the RJK JV, has been awarded the onshore front-end engineering and design (FEED) contract by BP for a third liquefaction train at the Tangguh LNG Project in West Papua province, Indonesia

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