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Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Feb 26, 2025

Malaysia-based offshore services firm Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts for drilling-related services with oil and gas companies, worth over $720 million.Sapura Drilling won two contracts from PTTEP Energy Development Limited (PTTEP) for the provision of its tender assist drilling rigs, Sapura T-17 and Sapura T-18.Both projects will start in the second quarter of fiscal year 2026…

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

Feb 07, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities…

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

Feb 05, 2025

McDermott has completed transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in the first quarter of 2024.The project, executed by the company's Kuala Lumpur (KL) based team…

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Jan 09, 2025

Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Dec 30, 2024

Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC)…

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

Dec 11, 2024

Italian classification and marine engineering consultancy RINA has secured a contract from Petronas CCS Solutions to carry out a pre-FEED study for a carbon capture and storage (CCS) project in Malaysia.The contract covers the Northern hub, located in Kerteh…

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

Nov 22, 2024

Malaysia’s oil and gas services firm Velesto has completed the wreck removal of the its Naga 7 jack-up rig, which submerged off the coast of Sarawak in Malaysia in 2021.The removal operations, except for the earlier removed helideck, were carried out by the contractor…

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Nov 20, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract from Petrobras for offshore maintenance, construction, modification and hook-up and commissioning services for the Sarawak asset…

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Nov 13, 2024

Beam, a provider of high-technology offshore wind services, has unveiled Scout, an autonomous underwater vehicle (AUV) driven by artificial intelligence (AI).Scout, a concept expected to enter the market in 2025, will put the power of subsea inspection directly in the hands of wind farm operators…

CRC Evans Secures Work at Qatar’s Largest Offshore Oil Field

Nov 12, 2024

CRC Evans, a company offering welding and coating services to the energy sector, has signed a contract with Offshore Oil Engineering (COOEC) to deliver critical welding services for the Ruya Batch 1 Project (EPCI09), part of the expansion of the Al-Shaheen field…

Floating Wind and the Taming of Subsea Spaghetti

Oct 31, 2024

Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble…

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

CNOOC Starts Production from Deepwater Gas Project in South China Sea

Sep 27, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…

Allseas Hooks $180M Pipeline Installation Job Offshore Philippines

Sep 10, 2024

Prime Energy Resources Development, a subsidiary of Prime Infrastructure Capital, has awarded a $180 million contract to Allseas for the installation of essential pipeline and umbilical infrastructure as part of Malampaya Life Extension Project…

IK Group Spins Off Norclamp

Aug 28, 2024

IK Group launched Norclamp, a new company dedicated to meeting the rising demand for subsea pipeline repairs.In response to the increasing need for maintenance solutions in the subsea pipeline repair segment, IK Group spun off its repair clamp business unit from IK Subsea to establish Norclamp…

Current News

Marine Masters Secures Wellhead Platforms Installation Job Off India

Marine Masters Secures Wellhead Platforms Installation Job Off India

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

Eni, Petronas to Set Up Joint Venture for Assets in Indonesia and Malaysia

Eni, Petronas to Set Up Joint Venture for Assets in Indonesia and Malaysia

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

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