Hanoi: Petrovietnam Exploration Production Corporation (PVEP), a wholly-owned subsidiary of Petrovietnam, has signed a Memorandum of Understanding (MOU) with India's Oil and Natural Gas Corporation ...

Kuala Lumpur: Low oil prices have forced Malaysia-listed Tanjung Offshore to cancel its plans to take over Bourbon Far East, part of France-based Bourbon Offshore. The two offshore and subsea support ...

Hanoi: The government has stressed to local ports that fees are already too low and the ports should not feel pressurised by shipping lines to lower their charges further. Vietnam’s ports are already ...

Japan: MOL Logistics, part of major Japanese shipping line, Mitsui OSK Lines, has formed PT MOL Logistics Warehouse, a wholly owned subsidiary, in Jakarta. “The company will… apply the dedicated ...

Singapore: Singapore-based Neptune Orient Lines (NOL) may sell its logistics business to CJ Korea Express, South Korea’s biggest courier delivery company, in an effort to improve its finances. CJ ...

Singapore: Ezra Holdings has provided an update on the proposed public offering of new shares and a secondary listing and quotation of all the shares of subsidiary EOC on the Main Board of the ...

Kuala Lumpur: Malaysia’s UMW Oil & Gas has inked a $20m rig contract with Frontier Oil Corp, which will use the former's UMW Naga 7 jack-up rig for its drilling operations in Calauit field, the ...

Singapore: Singapore-headquartered Miclyn Express Offshore (MEO) announced that it has been awarded three contracts to provide anchor handling tug supply (AHTS) services to Chevron in the Gulf of ...

Singapore: Singapore-based offshore operator, Nordic Maritime, has been awarded a contract to provide 2D seismic survey work in Indonesia for MultiClient Geophysical (MCG). This survey will be ...

Singapore: Vallianz Holdings has announced that is will be acquiring a 49% stake in Indonesia offshore vessel operator PT Swiber Berjaya for $17.5m. Vallianz is buying the stake from Swiber Holdings ...

Kuala Lumpur: There’s been plenty of trading of shares in Tanjung Offshore Bhd today in Kuala Lumpur after the company announced its proposed acquisition of marine offshore business from Singaporean ...

Singapore: Three incidents of robbery were reported onboard two bulk carriers and a barge yesterday and today, all in the same area, according to a release from the ReCAAP Information Sharing Centre.