The Doo Sung rig was contracted in and brought to Shell standards to deliver the campaign. Doo Sung is Korea鈥檚 only semi- submersible drilling unit, built in 1984 by Daewoo Shipbuilding Co., and owned by KNOC鈥
Australia-based Octanex and its joint venture partners have secured financing for the development of Ophir field, offshore Malaysia. A letter of offer was accepted for syndicated term loan facilities of up to nearly US$118.8 million for鈥
Dockwise floatover installed the Shwe development topsides using COOEC's HSY229 installation launch barge. First production was in January this year. Photo from Dockwise. Myanmar has been producing hydrocarbons longer than many鈥
Hyundai Heavy Industries (HHI) has received a Letter of Award (LOA) from Hess Exploration and Production Malaysia for engineering, procurement, construction, transportation, installation, hook-up, and commissioning (EPCIC) services for the Bergading complex鈥
Mubadala Petroleum announced today that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas discovery with significant commercial potential. A third discovery, Sirih-1鈥
Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm鈥檚 CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in鈥
UK-based operator EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysia鈥檚 interest in the Seligi oil field and the PM8 PSC, offshore Malaysia, subject to approval by Petronas and conditions. The acquisition will鈥
Subsea UK will hosts its biennial conference, Subsea Asia, in Malaysia this week, beginning 11 June. With the Malaysian government recently approving new incentives for exploration activity in more challenging deepwater fields, Neil Gordon (pictured)鈥
ABS has been awarded the classification contract from Petronas for the company's second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea. ABS has a history working with floating gas concepts鈥
SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area鈥
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia鈥檚 Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis鈥
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo鈥
Malaysia's Petroliam Nasional Berhad (Petronas) announced that it has launched the hull of its first floating LNG (PFLNG SATU) facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. The facility鈥
Petronas has awarded a small field risk service contract (SFRSC) to EQ Petroleum Developments Malaysia Sdn Bhd (EnQuest) and Uzma Energy Venture (Sarawak) Sdn Bhd (Uzma) for the development and production of the Tanjong Baram field, located about 6km offshore Sarawak鈥
ExxonMobil Exploration and Production Malaysia Inc. has successfully installed the topsides of Tapis R offshore platform at the Tapis field off Terengganu, Malaysia. Tapis R鈥 one of the largest offshore platform in Southeast Asia鈥攊s a part of the US$3鈥
