Australia-based Santos Ltd. announced that natural gas production has commenced ahead of schedule from the Peluang gas project offshore East Java in Indonesia. Sanctioned in February 2013, Peluang is a tie-back to the existing facilities…
Maersk Drilling has named its latest ultra harsh environment jackup drilling rig, the Maersk Intrepid, ahead of its first deployment development drilling on the Martin Linge field offshore Norway. Maersk Intrepid is the first…
Norway-based DNV GL has opened a new office in Vietnam. The facility was officially opened by Prince Haakon of Norway and Henrik O. Madsen, president & CEO of DNV GL. The new office which is located in the heart of the business district…
OneSubsea™ has shipped its 100th subsea tree from its manufacturing facility at Port of Tanjung Pelepas in Johor, Malaysia. The state-of-the-art facility has been operating since 2007 providing subsea wellhead systems, valves and trees across the globe…
PETRONAS and Shell have made an oil discovery offshore Sabah, Malaysia. The discovery was made via the Limbayong-2 well during the appraisal of the Limbayong gas field by Shell. The appraisal well encountered 136 metres of oil bearing sands…
Keppel Offshore & Marine’s subsidiaries have secured contracts worth about US$110 million in total. Keppel Shipyard will, for SOFEC Inc., fabricate an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana…
Germany-based crude oil and natural gas producer is planning to divest its shareholding in the Eastern German company Verbundnetz Gas AG (VNG) as part of its strategy to concentrate on the upstream sector. A 24 March agreement will see EWE Aktiengesellschaft take over Wintershall’s 15…
Ophir Energy has entered into an agreement with Australian explorer WHL Energy to acquire a 75% operated interest in Blocks PEC-5B/1 and PEC-5B/2 offshore the Seychelles Islands in the Indian Ocean (pictured). In exchange for the acquired interest…
Iran, India and Oman are preparing to begin official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid…
Fairmount Marine has safely delivered rig ENSCO 5002 in Singapore. The rig was towed from Rio de Janeiro, Brazil, via Cape Good Hope, by tug Fairmount Expedition. ENSCO 5002 is a 1975 built 70m long and 61m wide semisubmersible drilling rig…
Offshore marine company Otto Marine will hold a naming ceremony for the Norshore Atlantic at its Batam Shipyard, Indonesia, today. The Norshore Atlantic is one the first of its kind to be constructed by an Asian yard, says Otto. It…
DNV GL has opened a new Asia Pacific headquarters in Singapore. The new headquarters was officially opened today by S Iswaran, Minister for the Prime Minister’s office, second minister for home affairs and second minister for trade & industry Singapore…
Sembcorp Marine subsidiary Jurong Shipyard has signed two contracts, worth US$540 million each, to build two drillships for a subsidiary of Transocean Ltd (Transocean). The contracts include options for three additional units for the same company…
Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jackup rig contract worth US$214.3 million with Marco Polo Drilling Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd., as well as the grant of an option…
Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…