AsiaOffshore

McDermott’s shift from Singapore to KL to be completed by June

The relocation of Houston-based offshore contractor McDermott International from Singapore to Malaysia is expected to be completed by June.

McDermott joins a number of other international oil-related firms, such as Technip and Subsea 7, relocating from expensive Singapore to cheaper climes next door in Malaysia, with one spokesperson for the company telling local media that Kuala Lumpur is increasingly recognised as a regional hub for the oil and gas industry.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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