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Industry Sectors:Offshore


Seoul: South Korea's STX Offshore & Shipbuilding plunged into the red in 2012 due largely to diminished margins from high-value newbuildings.
Singapore: Ezra's subsea arm EMAS AMC has bagged a $165m subsea pipeline contract from Det norske oljeselskap ASA, and won another contract from Statoil to install subsea templates.
Kuala Lumpur: Malaysian offshore services provider Petra Energy Bhd is gearing up for its expansion into the upstream oil and gas sector with a planned rights issue expected to raise…
Singapore: Fincantieri's mandatory cash offer for STX OSV has failed to attract shareholders, gaining just 4.88% acceptance.
New York: A huge column of blazing LPG was seen 30 miles south of New Orleans after a barge carrying 2,215 barrels of crude oil struck a Chevron pipeline.
Kuala Lumpur: Malaysia-based Bumi Armada has paid $15.8m to take delivery of one multi-purpose support vessel (MPSV) from Condor Shipco.
Oslo: ABB has won a contract to provide propulsion and electrical generation for two Ramform seismic vessels, to be constructed by Mitsubishi Heavy Industries.
Singapore: Seadrill and Mermaid Maritime have invested in a $100m share issue by Asia Offshore Drilling (AOD) to fund its new build programs and for general corporate purposes.
Singapore: Singapore's Keppel Corporation confirmed the lost of a potentially lucrative contract to build two semi-submersible drilling rigs for Ukraine's Naftogaz.
Oslo: Havila Shipping ASA has divested its Rapid Response Vessel Havila Runde, which has been bought by offshore support provider Secunda Canada.