Murphy Oil is planning to make cuts to its worldwide workforce in direct response to the negative impacts of low commodity prices. Image from Murphy Oil. “Over the course of the past year and a half…
Petronas, through Malaysia Petroleum Management (MPM), has decided to open an area of Malaysian offshore waters to the multi-client model for the first time, according to PGS. A consortium comprising of PGS, TGS and Schlumberger WesternGeco…
Weatherford and Chevron teamed up to develop a LWD service capable of running in high temperature environments, such as the Gulf of Thailand. Jerry Lee reports on how the project came together. Technician examines HEX electronics in Songkhla…
Japan's Chiyoda and Singapore-based Ezra's EPCIC service provider EMAS AMC officially launched a 50-50 joint venture called EMAS Chiyoda Subsea, which will begin operations on 1 April 2016. The companies signed a binding memorandum of…
Mermaid Maritime’s Thailand subsidiary has been awarded a US$10 million subsea remotely operated vehicle (ROV) service contract in the Gulf of Thailand. The scope of work includes, but is not limited to, structure and sea line inspection…
Frigstad Kristiansand, the second ultra-deepwater semisubmersible drilling rig build by CIMC Raffles for Frigstad, completed mating in Yantai Shipyard, China, yesterday. As one of the deepest operating and drilling semisubmersible rigs…
Vallourec, a provider of tubular solutions, has signed a contract with the Abu Dhabi National Oil Co. (ADNOC) to supply oil country tubular goods (OCTG) during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO)…
India’s Oil and Natural Gas Corp. (ONGC) has received approval from its board of directors for the development of its proposed US$5.1 billion deepwater oil and gas project, offshore east India. Image from ONGC…
China National Offshore Oil Corp. (CNOOC) may have made 16 new discoveries and appraised 23 oil and gas structures in 2015, but also experienced a net profit decline of 66.4% year-on-year to US$3.1 billion. Liuhua operations…
The Chinese Ministry of Commerce (MOFCOM) has cleared Schlumberger and Cameron's proposed US$14.8 billion merger without any conditions. This approval from China's antitrust regulator, MOFCOM, represents the last major hurdle towards closing the deal…
A joint venture between SapuraKencana Services and GE Power Systems, SapuraKencana GE Oil & Gas Services (SKGE) has been awarded a long term service agreement by Petroliam Nasional (PETRONAS) Floating LNG1 (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels…
The NG-3500X is the latest design in GustoMSC’s series of self-propelled jack-up designs – the NG series. Based on the NG-2500X and NG-1800X designs, the NG-3500X comes in two distinct versions for accommodation, services and well intervention…
France’s Total and China’s China National Petroleum Co. (CNPC) signed a strategic cooperation agreement to extend the two companies’ existing collaboration. The agreement was signed on 20 March between Patrick Pouyanné, chairman and CEO of Total…
Asset integrity specialist Wood Group Intetech (WGI) is growing its team with new technical staff in Malaysia in response to heightened demand for its services, the company said. Though known for its software solutions, the demand for WGI’s materials selection…
Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…