Wilhelmsen Ships Service (WSS) plans to set up new offshore oil and gas supply points in Indonesia, Malaysia and Mynamar after the successful January opening of its Songkhla facility in Thailand.

The year ahead will be a key one for Malaysia's oil and gas (O&G) sector as pressure mounts with new investments made but yet to come onstream, however the market will still be good with some MYR22bn ($6.7bn) worth of capital projects seen in 2014...

UMW Oil & Gas unit UMW Petrodril Sdn Bhd (UPD), has won a MYR148m ($45.2m) contract for the provision of a hydraulic workover rig from Petronas Carigali, it said in a stock market announcement.

Perdana Petroleum unit Intra Oil Services has been awarded a two-year charter contract for an accommodation barge by Ocean Pro Offshore.

Putting a damper on the rash of exuberant news in the service support side of the Malaysian oil and gas industry, Petronas president and ceo Shamsul Azhar Abbas said that there are indications that charter rates will fall in the future, according...

Malaysian OSV player Sealink International, fresh from the success of its recent launches of two multipurpose platform supply vessels-cum-handling tugs, is building another nine OSVs to meet rising demand.

UMW Oil & Gas (UMW O&G) unit UMW Petrodrill (Malaysia) is continuing to make inroads into Myanmar with a letter of intent for $10m contract from PTTEP in Yangon to provide hydraulic workover unit and related services for its M9 drilling campaign...

Oil and gas industry services provider SapuraKencana Petroleum is aiming to bid for contracts worth $7bn both in Malaysia and overseas, local media quoted president and group ceo Shahril Shamsuddin as saying.

Coastal Contracts saw 2013 full-year profits rise to MYR 151.6m ($46.2m) from MYR118.8m previously on higher revenue from its shipbuilding division as it churned more deliveries of offshore support vessels.

Perdana Petroleum returned to the black in 2013, turning in a full-year net gain of MYR61.7m ($18.8m) from a MYR3.7m loss in FY12.