South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) reported that it has won a contract worth 656.1 billion KRW ($553.4 million) from Chevron to build an offshore facility for the Jansz-Io gas field development offshore Australia.
Singapore’s Sembcorp Marine said it has successfully completed the Vito regional production facility (RPF) for Shell that will operate in the US Gulf of Mexico.
Singapore-based offshore construction company Sembcorp Marine (SGX:S51) has announced that its wholly-owned subsidiary, Jurong Shipyard, is facing arbitration under four separate contracts due to allegations of a breach of contract and payment claims exceeding $76 million relating to the termination of these contracts.
UK-listed EnQuest (LON:ENQ) has been ordered to pay 71.6million RM (£12.7million) in a dispute with a Malaysian contractor over offshore works.
China will invest $3 billion in a bid to improve its offshore engineering research and development capabilities through the creation of China Ocean Engineering. The new company will focus on the overall design and final assembly of offshore equipment.
Four people are missing after a wind farm installation vessel partially capsized off the coast of China.
FueLNG, a joint venture between Keppel O&M and Anglo-Dutch major Shell, has started up Singapore’s first LNG bunkering ship, the FueLNG Bellina. It marks part of Singapore’s efforts to establish itself as a global LNG bunkering hub.
Malaysian national oil company (NOC) Petronas and robotics company ANYbotics are co-developing a four-legged dog-like robot for autonomous robotic inspection at offshore oil and gas platforms.
PTT Exploration and Production (PTTEP) and Kuwait Foreign Petroleum Exploration Company (Kufpec) have made a major gas find while drilling offshore Malaysia.
Malaysian national oil company (NOC) Petronas said that it is making every effort to ensure the safety of about 155 workers that are sub-contracted on a barge servicing its Yetagun platform in the Andaman Sea off Myanmar following the military coup.
The atmosphere in Myanmar remains volatile after the military seized power from the National League for Democracy (NLD) government and is creating logistical challenges for upstream companies, including Woodside Energy, that operate in the country.