Malaysia's MISC Berhad has won its battle in court against supermajor Shell over contractual disputes concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS), offshore Malaysia that was filed last year…
Murphy Oil announced a partnership with supermajor Chevron in the Gulf of Mexico in Q4 2016, in addition to suffering from a net loss of US$64 million during the period, and an even bigger loss for the year. Image from Murphy…
Barakah Offshore Petroleum has won a two-year, US$4.4 million (RM20.0 million) contract from Murphy Oil to provide work on the company's Kikeh spar platform, offshore Malaysia. The work will be done by Barakah's wholly-owned subsidiary company…
First oil has been achieved from Shell's deepwater Malikai field, offshore Sabah, Malaysia. The project is Shell's second deepwater project offshore Malaysia, and its first tension leg platform (TLP) in the country, following Gumusut-Kakap…
Electromagnetic Geoservices (EMGS) has entered into a firm contract with an oil company in Malaysia, confirming the provisional agreement announced oN 1 November 2016. The contract extension is worth approximately US$8 million and relates to a 3D EM data acquisition offshore Sabah…
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…
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)…
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…
A consortium comprising of three major seismic data companies have won a tender for rights to carry out a seismic program offshore Malaysia. The program, to be run by PGS, TGS and Schlumberger WesternGeco, will be the first time the waters…
Petronas' first floating liquefied natural gas (FLNG) facility officially received its name, PFLNG Satu, at a ceremony held at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. President and group CEO of Petronas…
Malaysia’s Petronas is pumping the breaks on its Petronas floating LNG 2 (PFLNG 2) project after the company suffered lower revenue and profit last year due to the low oil price environment. Image of the PFLNG 1…
Murphy Oil Corp. has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas. The rig's contract was scheduled to end in November 2016. Transocean, which owns and operates the unit, says it will be compensated…
No. 1 – Chevron’s Big Foot Chevron’s Big Foot platform being towed to Walker Ridge. Photo from Chevron. Coming in at No. 1 on Infield System’s list of highest capex projects for…
Image from IOG. Murphy Oil encountered hydrocarbon pay at its Thunder Bird sidetrack well in the Gulf of Mexico, but has decided to plug and abandon the well, due to the low oil price environment…
Aker Solutions has been awarded a contract from Murphy Sabah Oil Co., Ltd. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia. The delivery includes hardware for four subsea wells…
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