China Oilfield Services Limited (COSL) has filed a civil action against Norway’s Statoil over the termination of a rig chartering contract.
More bad news for beleaguered Malaysian offshore services provider Perisai Petroleum as a much hoped for injection of cash from the divestment of a joint venture company has hit a…
The world’s largest construction vessel Pioneering Spirit has won a contract to install an offshore gas pipeline in the Black Sea.
Malaysian oil and gas (O&G) services provider SapuraKencana Petroleum (SapKencana) managed to turn in an 18% rise in third quarter profits to MYR158.1m ($35.7m) from MYR129.9m previously.
CIMC HK has entered into an agreement to sell 15% equity interest in its wholly-owned CIMC Offshore to China’s state-owned Future Industry Investment Fund.