Malaysian offshore services company Alam Maritim Resources hopes to at least maintain its current revenue of MYR200m ($46.8m) to MYR300m for 2017, however warned that it would take two to…
Singapore’s Vallianz Holdings has entered into a set-off and settlement agreement with its second largest shareholder Rawabi Holding Company, potentially allowing the Saudi Arabian firm to become Vallianz’s biggest stakeholder.
UAE-headquartered OSV owner Topaz Energy & Marine reported a $3.3m loss in the first quarter as constant challenges in the Middle East and Africa regions remain.
Malaysian offshore marine support services provider Perdana Petroleum aims to be re-listed on the Malaysian stock exchange by mid-August.
Singapore OSV owner Vallianz Holdings has scored contracts worth up to $115m for four vessels in the Middle East and Central Asia.
Malaysia’s UMW Oil and Gas (UMW-OG) is putting in all efforts to return to the black this year and aims to strengthen its financials, maximise rig utilisation and get better…
Yinson Holdings said its FPSO unit has produced first oil in record time-to-market for its client in Ghana.
Singapore-based OSV owner Pacific Radiance has formed a joint venture with Allianz Offshore Middle East (AOME).
Singapore-listed OSV owner Vallianz reported a loss of $208.1m in the fourth quarter ended by 31 March 2017 hit by hefty writedowns.