Swiber wins again
May 23, 2015
Swiber offshore construction continues their hot-streak after being awarded ONGC’s C26 pipeline job. The work scope entails laying of 61kms of pipeline. Which includes a segment of clad pipe, as well as modification on 8 platforms. Swibers winning bid was US$ 133.00 m beating a consortium or Supreme offshore and…
Hyundai awarded CPP by Petronas
May 23, 2015
South Korea’s Hyundai Heavy Industries have been awarded Petronas’s Bardegg-2 & Baronia project. The scope of work includes fabrication of a 30,000 tonne central processing platform, which includes 14,000 ton topsides for the Baronia field. Hyundai are likely to fabricate the topsides in Korea with the 8 legged jacket being…
EA Technique enters to floater market
May 23, 2015
A new entrant, EA Technique has secured a FSO contract from HESS, for the Bergading field complex located of Malaysia. EA has purchased the Aframax tanker for the project, for around $40m and will begin conversation at Malaysia Marine and Heavy Engineering (MMHE) shortly. The contract is expected to run…
BUMI ARMADA and SHAPOORJI team up
May 23, 2015
Bumi Armada, now worlds 5th largest FPSO owner, has set up a JV with Shapoorji from India for the upcoming Floating, Production, Storage and Offloading vessel for Husky-CNOOC’s Madura Straits BD field, offshore Indonesia. This ten-year FPSO lease award is in the region of US$ 1.18 Billion, with options to…
KANFA in topside win
May 23, 2015
Subsidiary for SEVAN MARINE AS, KANFA AS have been awarded the contract for 4 process modules for YINSON’s OCTP project. The contract value is expected to be around US$ 50 Million. PTSC Thailand have also been awarded the contract to build 2 modules for the same project.
YINSON wins big in Ghana
May 23, 2015
Having completed the acquisition of the former Fred Olsen Production from Norway last year, the Malaysian company has secured their firstborn contract under the new flagship to provide a vessel for Eni’s Sankofa-Gye Nyame Project off Ghana. Also known as the OCTP-Offshore Cape Three Points FPSO project, the award is…
South East Asia Industry News – September 2014
January 20, 2015
Singapore based Rubicon Offshore International has found work for its FPSO Front Puffin for a project in Nigeria. Panoro Energy ASA, together with its Joint Venture partners,has taken a Final Investment Decision to develop the Aje Field in Nigeria which will include 2 subsea wells tied back to a leased…
South East Asia Industry News – August 2014
January 20, 2015
Malaysian oil field services firm Bumi Armada Bhd’s wholly-owned Indonesian unit has won a $1.18 billion contract. The consortium will supply a floating production, storage and offloading (FPSO) vessel for Madura BD Field which is owned by Husky-CNOOC Madura Ltd and is east of Surabaya. The project includes Bumi’s wholly-owned…