Lundin Petroleum AB appointed Paul Atkinson as general manager for Malaysia and managing director for Lundin Petroleum's southeast Asia business. Atkinson is joining Lundin Petroleum from Talisman Energy, where he has held various senior managerial positions since 2001…
Two countries – Malaysia and Indonesia– hold nearly two-thirds of the region’s reserves, and national oil companies outstrip international oil companies in regional capex. According to the Infield Systems Offshore Asia Oil & Gas Market Report to 2017…
Salamander Energy plc announced the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, less than one mi northeast of the recent Surin oil discovery…
Petronas Carigali, E&P subsidiary of Malaysia’s national oil company, extended the contract for the jack-up Maersk Convincer by one year. The rig will be on contract with Petronas until mid-November 2014. As part of the drilling campaign offshore Malaysia…
The newbuild semisubmersible La Muralla IV arrived in Mexico waters after a 16,200-mile journey.Fairmount Marine’s tug Fairmount Glacier delivered the semisubmersible La Muralla IV to the Bay of Campeche, Mexico. The rig was towed from Okpo…
Four Friede & Goldman L-780-Mod II jack-ups were sold to Shelf Drilling by TransoceanShelf closes $1.05 B jack-up rigs acquisitionTransocean has completed the sale of 38 shallow water rigs to newcomer Shelf Drilling for $1.05 billion, the company announced on 30 November 2012…
French premium tubular solutions specialist Vallourec reports that its new-generation Vam 21 threaded connection is now also enjoying commercial success in the Middle East after making early market inroads in the North Sea, Brazil and Southeast Asia…
Choo Chiau Beng and Loh Chin Hua, respectively CEO and CFO of Keppel Corporation, have been appointed to the board of KrisEnergy as non-executive directors. The appointments follow Keppel’s purchase of a further $115 million worth of…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the worldwide competitive mobile offshore drilling unit (MODU) fleet remains steady at 86%.Although demand for all rig types has grown by 57 rigs over the last twelve months…
IHC Merwede has opened a new office in Singapore which will serve as the corporate HQ for IHC Offshore & Marine’s Southeast Asia businesses as it further expands its footprint in the area under new regional CEO Denis Welch.
The solutions group of Crowley Maritime and PB Towage, part of the Pacific Basin Shipping group, have formed a business alliance that combines their respective services and regional positioning to collectively broaden their project management…
Irwan Halik heads Peak Well Systems’ newly opened Southeast Asia regional office in Kuala Lumpur as technical sales manager. Halik, a petroleum engineer, was with ExxonMobil E&P Malaysia for five years, latterly as a subsurface engineer specialising in well interventions.
Mark Denkowski (pictured) has been promoted from MD to VP accreditation and certification programs at the International Association of Drilling Contractors. He joined the IADC last year following a 30-year drilling industry career that included working offshore for Smedvig Asia…
Denis Welch has been appointed CEO of IHC Merwede in Southeast Asia. Based in Singapore, he is tasked with reinforcing the Dutch company’s regional identity and expanding its Asiancentred operations.
OE ’s analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 74%; holding steady for the last three months at the bottom of a…
