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Offshore

Newly Singapore-listed Pacific Radiance has taken up options for two additional PSVs to be built in China.
The International Chamber of Shipping (ICS) has written to the IMO suggesting an extension of the grace period on the enforcement of security certification for seafarers under the standards of…
MODEC, Mitsui OSK Line (MOL), Mitsui & Co and Marubeni have agreed to invest in an FPSO for a MODEC promoted project in Brazil.
UMW Oil & Gas Corp (UMWOG) continues to see steady employment for its newbuilding rigs coming onstream, securing a $7m drilling contract from Nido Petroleum Philippine.
SBM Offshore's diving support and construction vessel SBM Installer is back on sale after a $180m memorandum of agreement (MOA) with Daya Vessels Limited (DVL) fell through.
Bumi Armada continues its good track record with a two-year MYR221m ($68.2m) contract extension with Afren Energy Resources for its Armada Perkasa FPSO operating in the Okoru-Stu field offshore Nigeria.
Dutch shipbuilder De Hoop has been awarded a contract to design, build and deliver ten Platform Supply Vessels for Abu Dhabi National Oil Company (ADNOC) for an undisclosed sum.
Keppel Offshore and Marine (Keppel O&M) has secured five contracts for FPSOs and FSO projects totalling $150m. The contracts are from Bumi Armada and Shapoorji Pollonji joint-venture Armada C7, as well…
The oil and gas (O&G) support services division will continue to drive profitability at SILK Holdings , local reports cited its executive chairman Mohd Azlan Hashim as saying.
BW Offshore has signed a letter of intent (LOI) to take a 30% stake in a Brazilian oil field.
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