Malaysia's M3nergy, while positive about exploration and production (E&P) activities in Southeast Asia and its home market in particular, has set its sights on projects further afield as far as the Gulf of Mexico for expansion, local reports said.
Emerging exploration and production company M3nergy this week launched its latest floating production storage and offloading (FPSO) vessel at Keppel Shipyard and is set to make inroads into the Indonesian market.
Despite the recent fall in the oil price Keppel Corp remains confident about the outlook for its offshore and marine business, and continues to push into new areas such as FLNG conversions.
Malaysian floating production storage and offloading (FPSO) vessel specialist Yinson Holdings has secured a $39m one-year contract extension for its Knock Adoon FPSO operating in the Antan field offshore Nigeria, from Addax Petroleum Development ...
Sembcorp Marine’s subsidiaries have secured two offshore energy related contracts valued at a combined SGD222m ($174.3m).
Bumi Armada's MYR3.76bn ($1.15bn) floating production storage and offloading (FPSO) vessel deal with Husky-CNOOC Madura (HCML) is being dragged out as both sides have mutually agreed to extend the execution date of their contract, according to a...
Sembcorp Marine’s wholly-owned Jurong Shipyard has clinched a $696m contract to convert a shuttle tanker into a FPSO vessel for OOGTK Libra GmbH & Co KG, a joint venture between Brazil’s Odebrecht Oil & Gas and Teekay Offshore.
Budding Malaysian FPSO company Yinson Holdings will continue its focus on the African and Asean regions as they offer good prospects but also wants to be more actively involved in the Gulf of Mexico, local reports quoted group executive chairman...
Bureau Veritas (BV) has been nominated by Saipem to oversee the conversion of two VLCCs into turret-moored Floating Production Storage and Offloading (FPSO) vessels as part of a $4bn project commissioned by Total.
Although second quarter revenue jumped 22.6% to MYR590.1m ($186.0m) Bumi Armada saw a 12.1% drop in net earnings to MYR98.4m as depreciation costs rose and margins fell.