Singapore: Offshore services provider Ezion Holdings has bagged a considerable cash amount raised from placement of 10m new ordinary shares in November 2012.

Singapore: Sembcorp Marine won orders for two turnkey contracts with a total value of $417m to build two jack-up rigs for Integradora de Servicios Petroleros Oro Negro, S.A.P.I. De C.V (Oro Negro).

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 between MYR102.1m ($32.8m) and MYR123.3m.

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.