Petronas entered into a deal to license a part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The deal was reached through Schlumberger and Petronas subsidiary, Petronas (E&P) Overseas Ventures…
Partners on the Chinguetti oil field offshore Mauritania are considering options for its decommissioning. Production on the field, which is produced via the Berge Helene floating, production storage and offloading vessel (FPSO), is expected to end next year…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…
FMC Technologies has installed and tested its annulus monitoring system (AMS) in an offshore well in Malaysia owned by Petronas. A winner of the 2015 Offshore Technology Conference Spotlight on New Technology award, FMC Technologies’…
Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for the Petronas NC3 gas field, located in Block SK316, 200km north of Bintulu, Sarawak in Malaysia. Trelleborg provided PAPE Engineering…
Airborne Oil & Gas (AOG) raised US$26 million (€23 million) in a series C investment round from both new and existing shareholders. (SAEV) joins the shareholder base with an investment of $11 million (€10 million). SAEV is the corporate venturing arm of Saudi Arabian Oil Co…
Petronas has awarded Bell Geospace and Onyx Engineering a contract for 3D multi-client full tensor gradiometry (FTG) data acquisition, processing and interpretative services that will cover approximately 198,900sq km offshore Peninsular Malaysia…
Malaysia's MISC Berhad has launched arbitration proceedings against Shell to seek resolution on contractual disputes worth some US$245 million concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS)…
Audrey Raj speaks to Shell and Technip about Malikai’s TLP, a first-of-its-kind designed and built in Malaysia for the field offshore Sabah. Malikai TLP onboard Dockwise White Marlin HTV. Photos from Shell…
MISC Berhad saw the sailaway of its Marginal Marine Production Unit (MaMPU 1), a fit-for-purpose FPSO for the development of marginal fields, in a ceremony this week at the MMHE East Yard, Pasir Gudang. Doves…
Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the pair announced on Friday (23 September), citing local market conditions…
SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…
The market for floating production systems may have stalled, but FPSs will still be a key part of the offshore technology tool kit, outlines Douglas-Westwood’s Ben Wilby. The FPSO Cidade de Saquarema…
The Shah Deniz Stage 2 platforms sailed away from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) for offshore installation for the BP-led project offshore Azerbaijan. Shah Deniz 2 jacket…
Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…