AET, the tanker arm of Malaysia’s top shipping line MISC, has placed an order for the world’s first ammonia-powered aframax tankers. The 115,000 dwt vessels will be built at Dalian Shipbuilding, with delivery expected in 2027, under a charter with Petronas’ Petco Trading Labuan Company Ltd (PTLCL)....
https://splash247.com/worlds-first-ammonia-fuelled-aframaxes-ordered/
Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]
The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...
Malaysian offshore services provider Sapura Energy has been awarded a contract to provide pan-Malaysia underwater services for the Petronas group of companies and petroleum arrangement contractors. The company said in a stock exchange filing that its subsidiary Sapura Subsea Services had won the...
https://splash247.com/sapura-energy-awarded-subsea-services-contract-by-shell/
It seems appropriate to get all biblical this week, just after Easter. When Saint Paul wrote in his letter to the Galatians that “a man reaps what he sows,” he probably wasn’t thinking about corruption in the oil and gas industry two millennia later. But the last month has seen no less than four...
Houston-based offshore contractor McDermott has struck a deal with PTTEP Sabah Oil for offshore transportation, installation and commissioning work at the Kikeh subsea gas lift project, offshore Sabah in East Malaysia. The contract worth up to $50m covers removal of the existing flexible gas lift...
https://splash247.com/mcdermott-bags-offshore-contract-in-malaysia/
In an industry is awash with cash and record profits, it is tragic to see five people confirmed dead in an accident on a Perenco platform offshore Gabon, and one other worker still missing, presumed also killed, as per the most recent update. Last Wednesday, there was a fire on the Becuna platform...
Offshore drilling unit of Malaysia’s Velesto Energy has secured a two-year contract extension with Petronas Carigali for three of its jackup drilling rigs. The company said in a filing that, inclusive of its current drilling campaign assigned between 2023 and 2024, the fixtures are worth a total of...
https://splash247.com/velesto-energy-gets-contract-extension-for-three-jackup-rigs/
The Yemeni Houthi rebels’ continued attacks on shipping in the Red Sea serve as a reminder that global supply chains remain highly vulnerable to disruption. Moreover, it highlights how food insecurity can simultaneously be an effect and cause of conflict. To address this, the international...
Malaysian OSV player Perdana Petroleum has struck a deal to charter out two vessels to fellow contractor Dayang Enterprise. The Bursa Malaysia-listed company said its subsidiary Perdana Nautika had won contracts for an anchor handling tug and supply (AHTS) vessel and one accommodation work barge...
https://splash247.com/perdana-seals-charter-deals-with-dayang/
Malaysian OSV operator Perdana Petroleum has secured work for five vessels from Petronas Carigali worth in total of around $14.4m. In five separate Bursa Malaysia filings, the the company said its Perdana Nautika division had won contract extensions for three anchor-handling tug and supply vessels...
https://splash247.com/perdana-petroleum-wins-multiple-vessel-contracts/