Taiwan International Ports Corporation has decided to lift a longstanding ban on offshore refuelling in waters outside of the harbour to boost Kaohsiung’s share of the bunkering market in the region.
Samsung Heavy Industries and MODEC win contracts from Santos to engineer and design work for its FPSO project, intended to deliver gas to the Darwin LNG project.
Offshore vessel provider Mermaid Maritime has disposed of its ageing MTR-1 and MTR-2 drilling rigs for scrap with a value of USD3.8 million.
Singapore’s offshore yards giants have announced a series of deals and deliveries in recent weeks, amid signs of recovery.
Tor Olav Trøim’s Borr Drilling has signed a deal with Keppel Offshore & Marine to acquire five resale jackup rigs valued at USD745 million.
Recent financial results from Singapore’s offshore and marine companies show signs of green shoots.
Singapore’s Sembmarine completes first FSO vessel, which is designed with a 40-year hull lifespan.
Malaysian FPSO service provider Yinson Holdings has signed a 10-year MOU with Japan’s Sumitomo Corporation to jointly pursue the leasing and operation of FPSO and FSO projects, which will provide an opportunity for both companies to establish collaboration based on the respective party’s expertise and strengths.
Patrick Daniel has been appointed to the board of Sembmarine following the retirements of Ajaib Haridass and Lim Ah Doo.