by | Jan 26, 2022 | Articles Update
Velesto Drilling’s contract with ConocoPhillips in Malaysia for the NAGA 7 jack-up rig is considered terminated following an incident earlier this year in which the rig tilted and submerged, resulting in a total loss of the asset. ConocoPhillips hired the NAGA 7 in...
by | Jan 26, 2022 | Articles Update
Malaysian energy and maritime solutions provider MISC Berhad announced that the Malaysian Deepwater Floating Terminal (Kikeh) Limited (MDFT) had recently entered into an agreement with PTTEP to extend a charter contract for the FPSO Kikeh, which is operating off...
by | Jan 26, 2022 | Articles Update
PETALING JAYA: The stellar run of the Brent crude oil price this year has brought small-to-medium sized oil and gas (O&G) service providers back to life. O&G service providers, which were a major laggard from late 2020, were among the most...
