PETRONAS has officially named its second floating LNG (FLNG) facility, PFLNG DUA. The FLNG facility opens a new source of supply for cleaner energy as it is designed to extract gas ...

Malaysian FPSO provider Yinson has agreed to yet another short-term extension for its FPSO PTSC Lam Son, offshore Vietnam. The company’s Vietnam JV PTSC AP on November 29 signed a ...

Shares of Australia-based Red Emperor Resources spiked on Monday after the company signed a binding letter of intent to secure an option over an interest in a large offshore block ...

Malaysian oil and gas company Petronas would build a third Floating LNG unit if there’s a demand, Malaysian news agency Bernama reported Monday, citing the company’s executives. Petronas last week ...

The Uptime Institute’s Annual Data Centre Survey has shown that a third of respondents have suffered some form of power-outage in the past year. An alarming 10% of those reported ...

Creschic Loadbanks has supplied BT with a state-of-the-art 600kw loadbank trailer set. Already a Cresthic customer, the purchase reinforces the telecommunications giant’s commitment to regular testing of its UPS and ...

Offshore drilling company Seadrill has won a contract for its West Carina drillship with Thai PTTEP. The contract is expected to begin in January 2020 and last until June. The ...

The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units year-over-year, according to reports by Baker Hughes Company. BHGE splits its rig ...

A fresh wave of offshore project sanctions across Southeast Asia could boost greenfield investments in the oilfield service space by almost 70% in 2020, according to energy intelligence firm Rystad ...

UAE-based ADNOC Drilling has announced a major drilling rig fleet expansion program saying it would order dozens of drilling rigs by 2025. The drilling subsidiary of Abu Dhabi’s national oil ...