Perisai Petroleum Teknologi said its unit, SJR Marine (L) Ltd received notice that the charter of its derrick lay barge Enterprise 3 to TL Offshore Sdn Bhd would not be further extended.

Höegh LNG has been awarded a pre-FEED contract for engineering work on an FLNG facility for an Asian national oil company.

Malaysian offshore supply vessel (OSV) operator Perdana Petroleum Bhd expects this year to be a pivotal turning point, executive director Henry Kho was quoted as saying in local media.

Offshore shipbuilder and designer Vard Holdings has secured a new contract to build a offshore subsea construction vessel (OSCV) for Farstad Shipping.

China Oilfield Services Limited (COSL) has acquired two jack-up drilling rigs built at China Merchants Heavy Industry (Shenzhen) Co.

US private equity firm KKR (formerly Kohlberg, Kravis and Roberts) has created a new unit, Maritime Finance Company.  

Malaysia's Bumi Armada Bhd has performed well in the first half and is looking forward to more contracts going forward, the company said.

Keppel FELS has been awarded a $280m contract for an accommodation semi-submersible by Floatel International Ltd.

Saudi Aramco, Bahri and Singapore's Sembcorp Marine have signed an MOU to prepare a feasibility study for the construction of an offshore-focussed "maritime yard" in Saudi Arabia.

A unit of Malaysia's Daya Materials Bhd has landed a major deal worth up to MYR440m ($133.4m) for an offshore subsea construction vessel long-term charter contract from Norway's Technip Norge AS for work in the North Sea and North Atlantic.