April 18th, 20180Malaysian offshore research vessel has caught fire today after a power pack in the engine room exploded, inuring two crew members while another is missing.
The incident occurred early this morning around 3am off Kuala Baram, Malaysia near the border with Brunei and the fire was put out by 8am.
There were 39 crew members onboard...
April 13th, 20180AET, part of Malaysia's MISC, has sealed a deal for the long-term charter of two LNG dual-fuelled aframax tankers to Shell International Trading and Shipping.
The two vessels are currently under construction at South Korea’s Samsung Heavy Industries and due for delivery from the third quarter of 2018. Shell will take them on...
April 3rd, 20180Malaysian Bulk Carriers (Maybulk), controlled by tycoon Robert Kuok, has proposed to dispose of its entire 21.23% stake in loss-making Singapore-listed PACC Offshore Services Holdings (POSH) to shareholders of Maybulk. The stake is currently held by the company’s subsdiary Lightwell Shipping.
Maybulk said the proposed disposal will...
March 27th, 20180Malaysian FPSO operator Yinson Holdings has announced that its joint venture company PTSC Ca Rong Do has been notified by Talisman Vietnam (TLV) to halt FPSO operations temporarily for the Ca Rong Do Field Development offshore Vietnam.
Yinson Clover and PetroVietnam Technical Services Corporation (PTSC) hold 49% and 51% each in PTSC...
March 22nd, 20180Malaysian offshore services provider Sapura Energy has been awarded a contract by Mubadala Petroleum to undertake engineering, procurement, construction, installation and commissioning (EPCIC) works at the Pegaga gas field, offshore Sarawak.
The contract covers work for an offshore integrated central gas processing platform facility...
March 6th, 20180The Malaysian Anti-Corruption Commission (MACC) is investigating shipowner MISC over a series of transactions with contractors which appear to be for work not carried out or at increased fees.
The Sun Daily reports that several deals from 2010 to 2013 between the company and contractors in collusion with MISC officials are under...
February 12th, 20180Shaharul Rezza bin Hassan, executive director and head of offshore marine services at Malaysia's Bumi Armada, has resigned to pursue interests outside of the company.
Rezza is vacating his position at the end of February after requesting an early release from his responsibilities. He joined Bumi Armada in 2005 and...
February 6th, 20180Malaysian offshore service provider Sapura Energy has secured a series of new contracts totalling RM905m ($231m) for engineering, procurement, construction and commissioning as well as transportation and installation works.
Sapura Fabrication has secured three EPCC contracts at the Kinarut ERB West Compressor upgrading project and...
January 18th, 20180
Managing director Govind Ramanathan has resigned from Singapore's PCL Shipping as well as his board role at another Kuok company, Malaysia’s Maybulk.
Ramanathan’s departure was announced on the Malaysia stock exchange yesterday, and Splash understands that he officially left the PCL office yesterday...
January 12th, 20180Houston-based Ocean Infinity stands to make up to $70m if it can track down the missing MH370 plane in the next three months under a deal thrashed out with the Malaysian government.
The American seabed exploration firm has chartered Swire Seabed’s subsea vessel to try and track down the wreckage of MH370, the Malaysian Airlines...
