Category archives for: South & Central Asia

EMAS Offshore Launches Singapore IPO

EMAS Offshore Launches Singapore IPO

EMAS Offshore, formerly known as EOC, has launched public offering of shares following the registration of its prospectus with the Monetary Authority of Singapore (MAS), in conjunction with the proposed listing on the Main Board of the Singapore Exchange Securities Trading Limited. The Group is offering 48,585,000 shares priced at S$1.21 per share. “We are pleased […]

Lundin to Operate PM328 Block Off Malaysia

Lundin to Operate PM328 Block Off Malaysia

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Malaysia B.V. (Lundin Malaysia), has acquired a 50 percent interest in PM328, and operatorship of the block, from PETRONAS Carigali. The effective date of the transaction is 31st August 2014. PM328 is located offshore Malaysia, north east of PM307 which is also operated by Lundin […]

Wireline Engineering Invests in South East Asia Expansion

Wireline Engineering Invests in South East Asia Expansion

Aberdeen-based wireline and well intervention technology specialist Wireline Engineering has further expanded its operations in South East Asia, initially investing over £150,000 in a new service base in Kuala Lumpur, and significantly increasing its personnel in the region. The new 1600 square foot storage and maintenance facility will be managed by Jimmy Chong, who has […]

COOEC Wraps Up Construction for Jinzhou Demolition Project

COOEC Wraps Up Construction for Jinzhou Demolition Project

Recently, Jinzhou 20-2SW platform jacket was successfully lifted and fixed in the sea area where Jinzhou 20-2 oil-gas field is located in Liaodong Bay of Bohai Sea. The project brought an end to the 26-year service of Jinzhou 20-2SW platform while marking that COOEC has successfully completed the offshore construction for “Demolition Project of Jinzhou […]

Technip-MMHE Joint Venture Officially Launched

Technip-MMHE Joint Venture Officially Launched

Technip and Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) have officially launched the Technip-MMHE Join Venture (TMJV) at the 2nd Malaysia Oil & Gas Services Exhibition and Conference (MOGSEC) held in Kuala Lumpur, Malaysia. Established in July 2011, the unincorporated 50-50 joint venture was formed to provide complex and world-class engineering, procurement, construction, installation and […]

Prysmian Bags Jack-Up Cabling Deal in China

Prysmian Bags Jack-Up Cabling Deal in China

Prysmian Group has been recently awarded a new order in China by Shanghai Waigaoqiao Shipbuilding (SWS), a wholly owned subsidiary of China CSSC Holding, to supply 320 kilometers of NEK 606 offshore cables for its new 2+2 CJ46-X100-D jack-up (self-elevating) drilling rigs. The CJ46-X100-D jack-up drilling rig is regarded as a leading international benchmark in […]

Sevan Developer Construction Stopped

Sevan Developer Construction Stopped

Sevan Drilling ASA, an international offshore drilling contractor, has entered into a standstill agreement with Cosco (Qidong) Offshore Co. Limited related to Sevan Developer’s construction contract. Earlier in August, in the Q2 earnings report, the company mentioned significant delay in the delivery of Sevan Developer. As stated in the report, the Company has been considering […]

Top News of the Week of Sep 15 – Sep 21, 2014

Top News of the Week of Sep 15 – Sep 21, 2014

1. Subsea 7 Reduces Norwegian Workforce Oil services company Subsea 7 is reportedly reducing its Norwegian workforce between 100 and 150 employees due to project delays. 2. Scientists Find Large Submarine Canyon in Med A massive underwater canyon has been discovered in the Mediterranean near Italy by an international team of scientists that includes mapping […]

Hilong Takes Delivery of ‘Hilong 106′ Pipelay Derrick Barge

Hilong Takes Delivery of ‘Hilong 106′ Pipelay Derrick Barge

The Hilong Group, centered in Beijing and Shanghai, has taken ownership of the offshore pipe-lay derrick barge, purchased late last year and formally named “Hilong 106” attesting to Hilong’s expansion into the offshore engineering and services sector. Hilong acquired the “Hilong 106” pipe-lay derrick barge from Shanghai Zhenhua Heavy Industries Co., Ltd. in late December 2013, […]

Scantrol Delivers AHC for Hydramec’s LARS

Scantrol Delivers AHC for Hydramec’s LARS

Scantrol has supplied Active Heave Compensation (AHC) for a Launch & Recovery System for another Observation ROV. The LARS, ordered by one of the world’s leading subsea companies, is designed by the British winch manufacturer Hydramec. The recent delivery is the start of a long-term relationship between the two companies in order to meet the increasing demand […]







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