Category archives for: Asia Pacific

Mermaid Reports Improvements in Subsea and Drilling Divisions

Mermaid Reports Improvements in Subsea and Drilling Divisions

Mermaid Maritime Public Company Limited reported total revenue of US$ 77.8 million, up 5% year-on-year. Revenue growth from subsea business was backed by 10% year-on-year higher day rates of total own vessels, notwithstanding average subsea vessel utilization rate in 3QFY14 was 66%, slightly lower than 75% in 3QFY13. Revenue from drilling business significantly increased with […]

Shell Discovers Gas at Marjoram-1 Well Off Malaysia

Shell Discovers Gas at Marjoram-1 Well Off Malaysia

Shell announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well. “Our strategy to expand our heartland areas through technologically advanced exploration is delivering tangible success in deep-water in Malaysia,” said Andrew Brown, Shell Upstream International Director. “We have a long history in the region, and the addition of […]

McDermott Awarded Jacket Fabrication for Bukit Tua Project

McDermott Awarded Jacket Fabrication for Bukit Tua Project

McDermott International, Inc.announced that one of its subsidiaries has been awarded a fast-track fabrication contract by PC Ketapang II Ltd., a subsidiary of PETRONAS for the BTJT-A Jacket as part of the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia. The contract is included in McDermott’s second quarter 2014 backlog. “The […]

CNOOC Starts Production from Wenchang 13-6 Oil Field

CNOOC Starts Production from Wenchang 13-6 Oil Field

CNOOC Limited announced that its Wenchang 13-6 oil field has started production. Wenchang 13-6 oil field, located in the west of Pearl River Mouth Basin with an average water depth of approximately 120 meters, is part of the Wenchang oil fields and shares the existing adjacent facilities for the development. The main production facilities include […]

CRP Seeks Withdrawal of EPA Staff Report Due to Potential Bias

CRP Seeks Withdrawal of EPA Staff Report Due to Potential Bias

Chatham Rock Phosphate announced that it would be formally seeking the withdrawal of the Environmental Protection Authority’s staff report issued last week because of extremely worrying evidence which suggests the potential for bias. CRP last week criticised both the content and timing of the EPA staff report on CRP’s Marine Consent application.  Now a new […]

Hallin Marine Replaces Mooring Lines on Live FPSO in China

Hallin Marine Replaces Mooring Lines on Live FPSO in China

Hallin Marine, a Superior Energy Services company, announces the highly successful outcome of a unique project for COOEC Subsea Technology, a wholly-own subsidiary of COOEC (China Offshore Oil Engineering Company). This assignment involved the replacement of nine mooring lines beneath the floating production storage and offloading (FPSO) vessel HYSY111, while maintaining live operations. The oil […]

Carnegie Welcomes Former Japanese Prime Minister at Fremantle Wave Energy Research Facility

Carnegie Welcomes Former Japanese Prime Minister at Fremantle Wave Energy Research Facility

Wave energy developer Carnegie Wave Energy Limited hosted former Japanese Prime Minister Mr Naoto Kan at its Fremantle Wave Energy Research Facility. Japan has the potential to host a significant capacity of wave power projects, with approximately 34,000km of coastline and a wave energy resource capable of generating up to 40GW of clean, renewable energy. […]

Otto Marine Explores Strategic Options to Grow Subsea Services Division

Otto Marine Explores Strategic Options to Grow Subsea Services Division

Otto Marine Limited, a leading offshore marine company which owns and operates a large fleet of offshore support vessels and offers specialized offshore services, is currently exploring available strategic options to facilitate the expansion of its subsea operations business. UOB Kay Hian Holdings Limited (“UOB”) has been appointed to advise the Group on strategic options, […]

Saab Seaeye Falcon ROV Helps Japan to Harness Offshore Wind

Saab Seaeye Falcon ROV Helps Japan to Harness Offshore Wind

After Japan’s 50 nuclear reactors closed following the Fukushima disaster, wind is now seen as an important alternative energy source. But in a crowded and mountainous country the search for sites must go offshore, with floating turbines the main option in the deep waters off the rugged coastline. It is at the southernmost tip of […]

Carnegie Signs Collaboration Agreement with European Wave Energy Developers

Carnegie Signs Collaboration Agreement with European Wave Energy Developers

Wave energy developer Carnegie Wave Energy Limited announces the signing of a Collaboration MOU with leading European power industry firms and a number of UK based wave energy developers aimed at reducing costs and increasing reliability. The collaboration brings together Carnegie’s UK subsidiary, CWE UK, with Bosch Rexroth, Irish utility ESB, Aquamarine Power, Albatern and […]







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