December 6th, 20190Malaysia’s Sapura Energy has been awarded several new contracts and extensions worth a total of RM615m ($147.5m). Sapura Fabrication has been awarded with a contract for the provision of engineering, procurement, construction, commissioning plus installation for Full Field Development Phase 3 Facilities in the North Malay Basin by...
December 3rd, 20190Malaysia Marine and Heavy Engineering has secured an EPCIC contract with Petronas and an EPCC contract from Hess. The contract with Petronas is for the provision of engineering, procurement, construction, installation and commissioning for the Bekok oil project. Work includes the supply and installation of new BEDP-A and BEDP-B...
December 3rd, 20190Malaysian FPSO operator Yinson Holdings has secured another extension to the charter contract with Petrovietnam Technical Services Corp (PTSC) for operations at the Lam Son Field. The extension is for one month and will see the FPSO PTSC Lam Son continue to work with PTSC until December 31. The value of the extension is around...
November 27th, 20190Malaysia’s Icon Offshore has secured a two-year extension from Zell Transportation for accomodation workboat , currently operating in Brunei. The extension commences March 1, 2021 and is worth MYR$33.4m ($8m). Icon Valiant was signed up by Zell for three years in March 2017, and utilised for a contract with Brunei’s SPHI...
November 25th, 20190Dubai-headquartered offshore seismic specialist Polarcus has been awarded an XArray marine seismic acquisition project in Malaysia. The contract, with an unmanned client, commences late December and has a duration of around four months. Polarcus says that wth this new contest, its core fleet is fully booked through to early in the...
November 19th, 20190Malaysia has become the latest country to ban the use of open-loop scrubbers in the country's waters due to concerns over sea pollution. The maritime authority Jabatan Laut Malaysia issued a notice to the shipping industry saying that it has prohibited the discharge of washwater from open-loop scrubbers while operating within...
November 18th, 20190Malaysian offshore marine group Nam Cheong has signed an MOU to enter into a lease agreement with Labuan Corporation, an agency under the Ministry of Federal Territories, to redevelop the existing facilities on the land in Kiansam, Labuan. Under the deal, Nam Cheong Dockyard intends to redevelop the existing facilities on the land...
November 12th, 20190Belgian tanker giant Euronav has signed a service agreement making Malaysia’s Linggi Port its supply base providing low sulphur fuel and other services for ships heading through Asia. Euronav had earlier this year sent one of its two ultra large crude carriers (ULCCs) to Kuala Linggi International Port (KLIP) for floating storage...
November 6th, 20190Malaysia's Velesto Drilling, part of Valesto Energy, has been awarded a contract by Carigali Hess Operating Company for 2015-built jackup rig . The contract is scheduled to commence in the second half of 2020 and is for a duration of three years. The contract, valued at $131m, also includes three extension options of six months...
November 5th, 20190Quetzal Capital, a company formed by members of the Malaysian tycoon Robert Kuok's Kouk group of companies, has announced a voluntary conditional cash offer for all of the issued and outstanding ordinary shares offshore vessel operator PACC Offshore Services Holdings (POSH). The offer price is S$0.215 ($0.1583) in cash per share,...
