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Seadrill Secures Two New Tender Rig Contracts
Seadrill has been awarded a contract by Chevron for extension of the production drilling assignment for the self-erecting tender rig T4. The contract extension has a duration of five years.
Securewest International Calls for Regulation of Security Providers
Global maritime security services provider, Securewest International, has called on the leading maritime regulatory bodies and, if necessary, governments to implement…
New Tugs Offer Cutting Edge Capability
The two innovative Carousel combi-tugs being built in Malaysia for Dutch salvage and towage company Multraship could revolutionize tug design, without the need for expensive technology…
Malaysia to Strengthen Shipbuilding, Repair Sector
According to reports, aimed at stemming the outflow of capital for the acquisition of marine transport products, especially ships, the Malaysian Government will…
MISC Goes for Cost Efficiency
MISC Bhd expects shipping rates to be soft over the next two years and is focusing on improving cost efficiency, said company chairman Tan Sri Mohd Hassan Marican.
GAIL Plans to Buy More LNG Spot Cargoes
State-owned GAIL (India) Ltd. is planning to import 10 more cargoes of liquefied natural gas (LNG) following its success in selling the entire stock of the first…
CNOOC Might Announce New LNG Supply Deal
China National Offshore Oil Co. (CNOOC) could announce a liquefied natural gas (LNG) supply deal in about two to three months, its first in four years, reported China Knowledge Online.
Aker Kvaerner Awarded Marine Drilling Riser Contract
Frigstad Discoverer Invest Ltd. awarded Aker Kvaerner a contract for delivery of Clip Connector Marine Drilling Risers. The total contract value for Aker Kvaerner is approximately $44m.
Muhibbah Marine to Secure More Contracts
Muhibbah Marine Engineering Sdn Bhd, is expected to secure five new shipbuilding contracts valued more than $27m over the next 12 months, driven by strong demand from the offshore oil and gas sector.
Malaysian Frigates Deal for Clyde Yards
According to the Herald, BAe Systems' Clyde shipyards have won a contract to design and part-build two frigates for the Malaysian navy which will help safeguard hundreds of Scottish engineering jobs.
U.S., Indonesian Navies Partner for CARAT
The Indonesia phase of exercise Cooperation Afloat Readiness and Training (CARAT) began at Surabaya Naval Base July 11, with leaders from the Indonesian and United…
Scomi Marine Expects Increase in Revenue
Scomi Marine Bhd expect a 76 percent increase in revenue and net profit in financial year ending Dec 31, 2006, after boosting fleet size and capacity to transport coal, its CFO said.
IE Profits from Offshore Focus
As Intelligent Engineering (IE) prepares to carry out another drilling rig repair using its SPS Overlay technology in the reinstatement of the pipe-rack deck on board the Pride South Atlantic…
The Marine Electronic Highway
Implementation of the Marine Electronic Highway (MEH) Demonstration Project in the Straits of Malacca and Singapore is set to begin shortly, following the signing…
Second CARAT Phase Underway in Thailand
The Thailand phase of the exercise Cooperation Afloat Readiness and Training (CARAT) series officially began June 20 at the Royal Thai Navy’s (RTN) Lam Tien Naval…
Penguin Marine Delivers
In late March of this year, Penguin Shipyard International Pte Ltd of Singapore delivered the 118-ft. crew boat Bayou Tiram to a company of the same name, Bayou Tiram Sdn Bhd of West Malaysia.
Emirates Shipping Line launches its First Services in India
The first sailing of the new container carrier Emirates Shipping Line will be from Colombo on May 24, 2006, marking the launch of the services and operations of the company.
ROK, India, Sri Lanka Sign Agreement Against Piracy
The Republic of Korea (South Korea), India and Sri Lanka signed the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP).
Qatar's LNG Output to Quadruple
By 2012, about one-third of the world's liquefied natural gas (LNG) tanker fleet will be delivering LNG produced in Qatar, the Peninsula On-line reported. In terms of world markets…
India Launches Oil & Gas Auction
Launching a major global initiative for attracting foreign investment in the hydrocarbon sector, India auctioned 55 oil and gas exploration blocks. India offered…