Industry Sectors:Offshore

Offshore

Singapore’s EMAS Offshore Limited has updated that its contracts for charters secured between 1 June to 30 November this year have amounted to approximately $93m including options.
China Oilfield Services Limited (COSL) has filed a civil action against Norway’s Statoil over the termination of a rig chartering contract.
Italian shipbuilder Fincantieri has received recommendation from independent financial adviser KPMG Corporate Finance to take Singapore-listed Vard Holdings private.
Singapore-listed offshore firm ASL Marine is holding an informal meeting of its bondholders ahead of a restructuring.
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…
Singapore’s Pacific Radiance has struck an agreement with its charterer to delay the delivery of a OSV newbuild to the end of next year.
MISC's heavy engineering unit Malaysia Marine and Heavy Engineering (MMHE) has confirmed the full appointment of Wan Mashitah Wan Abdullah Sani as its new md and ceo with effect from…
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.