Offshore drilling companies Noble Corporation and Pacific Drilling said Thursday they'd entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction. 'The definitive merger agreement…
Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…
Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…
Wind turbine maker Vestas - which last week announced it would build the world's largest offshore wind turbine - said Monday it had appointed Purvin Patel as Regional President of Asia Pacific, to strengthen its presence and market position in strategic and fast-growing markets in the region…
Oilfield services firm Petrofac has awarded Icon Offshore a contract for the supply of a jack-up drilling rig for drilling at the PM304 block offshore Malaysia.Under the contract, Icon Offshore, through its subsidiary Persiai Offshore, will supply the Perisai Pacific 101 jack-up drilling rig…
Airswift, a workforce provider for the energy, process, and infrastructure sectors, has formed a joint venture (JV) with energy consultancy, EPI Group, to target renewable energy services projects within the Asia Pacific (APAC) region.Under the agreement…
Dive Technologies of Quincy, Mass., selected a suite of Sonardyne technologies for navigation, tracking and control of its large displacement DIVE-LD autonomous underwater vehicle (AUV) program.Founded in 2018, Dive Technologies’ rapid development…
International offshore wind consultancy firm OWC has appointed Tom Whittle to its newly created role of Asia Pacific regional director.In 2018, OWC, an independent consultant offering project development services, owner’s engineering and technical due diligence to the offshore renewables sector…
Offshore seismic survey contractor Polarcus has said it has been awarded a letter of award for a survey in Asia Pacific.The seismic survey vessel owner said Wednesday that the letter of award entailed the provision of 3D seismic data acquisition services in the Asia Pacific region…
2020 has been dismal for upstream dealmakers across Asia Pacific. During a recent conversation with a senior banker in the region, I mentioned that deal activity was so poor this year that as of October, only a sliver over US$400 million and 117 million boe of 2P resources had transacted (vs US$5…
The year 2020 is on course to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century, energy intelligence firm Wood Mackenzie said in a report this week, adding that the activity is expected to bounce back in 2021…
Asia Pacific-focused oil and gas firm Jadestone Energy on Wednesday announced the voluntary relinquishment and termination of Service Contract 56 ('SC56'), offshore the Philippines. Oil and gas giant Total, the operator of the block, also relinquished its interest…
Offshore engineering and construction firm McDermott has won a contract to provide front end engineering and design (FEED) services for the INPEX-operated Ichthys Liquified Natural Gas Field Development, off Australia.The contract is for a booster compression module FEED with optional engineering…
Oslo-listed seismic survey company SeaBird Exploration has said it has won a letter of award for a 2D survey in the Asia Pacific region. The Norwegian seismic data acquisition firm said the survey was expected to start in the first quarter of 2021…
Offshore drilling contractor Pacific Drilling can't appeal the ruling under which it was in January ordered to pay $320 million to Samsung Heavy Industry for a 2015 drillship order cancellation.Pacific Drilling had placed the order for the Pacific…
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