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Oman Oil Firm Raises $4 Billion Loan for Projects
Wednesday, June 29, 2016 State-owned Petroleum Development Oman obtains a $4-billion loan from international banks to help finance construction of new facilities.

VARD Agrees to Terminate Order to Build OCAH Vessel for REM Offshore
Wednesday, June 29, 2016 Vard Holdings accepts compensation to terminate REM Offshore's contract to build an offshore construction and anchor handling vessel.

Keppel's BrasFELS Completes Project for MODEC's FPSO
Wednesday, June 29, 2016 Singapore-based Keppel's subsidiary BrasFELS Shipyard completes an integration and completion project for FPSO Cidade de Caraguatatuba MV27 for MODEC.

McDermott Secures $454M EPCI Contract for Abkatun-2 Platform from Pemex
Tuesday, June 28, 2016 McDermott secures a $454 million contract from Pemex Exploracion y Produccion for the engineering, procurement, construction and installation for the Abkatun-A2 platform to be located in Mexico's Bay of Campeche.

KS Energy and China's ZPMC Amends Contract for a Newbuild Jackup
Wednesday, June 22, 2016 KS Energy and Shanghai Zhenhua Heavy Industry Co. amend the terms of a contract for the construction of a jackup at the Chinese yard.

Singapore's Keppel AmFELS Delivers One of the World's Largest HEEM Land Rig
Thursday, June 16, 2016 Singapore's Keppel AmFELS delivers one of the world's largest harsh environment enhanced mobility (HEEM) land rig ahead of schedule.

Shell Sees Malikai Project in Malaysia as Boosting Deepwater Ambitions
Tuesday, June 14, 2016 Shell-operated Malikai deepwater project offshore Malaysia supports the company's aims of staying at the forefront of the global deepwater industry.

Swiber-Sime JV Commences Arbitration in India Over ONGC's B-193 Project
Thursday, June 09, 2016 Swiber and Sime Darby commences arbitration proceedings in India against Oil and Natural Gas Corp. over a process platform contract for the B-193 Project.

Mammoet Prepares for P-76 FPSO Module Integration in Brazil
Wednesday, June 08, 2016 Mammoet prepares for integration of modules for the P-76 FPSO (floating production, storage and offloading) facility in Brazil.

Swiber Bags $215M Contracts in Myanmar, Vietnam and Qatar
Tuesday, June 07, 2016 Swiber bags three contracts, worth $215 million, for work in Myanmar, Vietnam and Qatar.

Australia's UGL Faces More Provisions On Work For Ichthys LNG
Monday, June 06, 2016 Australian contractor UGL Ltd warns it may have to book a provision of up to $146 million for losses on its work for the Ichthys liquefied natural gas (LNG) project, knocking its shares down 35 percent.

OceanMight Bags EPC Contract from Talisman Malaysia for Bunga Pakwa Project
Monday, May 30, 2016 KKB Engineering's associate firm OceanMight clinches an engineering, procurement and construction contract from Talisman Malaysia for the Bunga Pakwa wellhead riser platform offshore Malaysia.

SMOE Delivers Ivar Aasen Field's Platform Deck to Det norske
Tuesday, May 24, 2016 SMOE delivers the platform deck for the Ivar Aasen field in the North Sea to Det norkse, with sailaway from Singapore to Norway planned for early June.

Decmil Bags Framework Deal with QGC for Brownfield Projects in Surat Basin
Tuesday, May 24, 2016 Decmil Australia bags a framework agreement with QGC for brownfield projects within the Surat Basin in Queensland, Australia.

McDermott Joins 14 Other Offshore Firms to Establish Industry Standards
Thursday, May 19, 2016 McDermott joins 14 other offshore companies to establish engineering industry standards.

Sembcorp Marine's Unit EJA Completes First Repair Job at its Brazil Yard
Wednesday, May 18, 2016 Sembcorp Marine's unit Estaleiro Jurong Aracruz completes its first vessel repair project at its yard in Brazil.

Blue Water Shipping-Led JV Bags $350M Deal from Kazakhstan's Tengizchevroil
Thursday, May 12, 2016 Blue Water Shipping-led consortium wins a $350 million contract to build and operate 15 module carrying vessels for an oil project in Kazakhstan for the Tengizchevroil joint venture.

PETRONAS Launches Hull for PFLNG2 at SHI's Shipyard in South Korea
Wednesday, May 11, 2016 PETRONAS launches hull for its second floating liquefied natural gas facility at Samsung Heavy Industries yard in Geoje Island, South Korea.


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