Velesto has joined forces with Petronas and NOV to enhance drilling operations by bringing robotics into play and boosting its jack-up fleet with a rig automation system.
The post Velesto, Petronas, and NOV pursuing rig automation and stepping up drill…
On a mission to bankroll the upgrade of its FPSOs, Yinson Production has placed a $100 million tap issue, bringing the total amount of the corporate bond to $600 million.
The post ‘Largest ever Nordic bond’ enables Yinson Production to raise nearly $3 …
‘Largest ever Nordic bond’ enables Yinson Production to raise nearly $3 billion in 2024 Read More »
Norwegian group’s Vietnam yard to build specialised walk-to-work ships for delivery from 2027
Vard snares five-ship offshore wind vessel order from mystery buyer Read More »
Hibiscus Petroleum, a Malaysian independent oil and gas exploration and production company, has achieved the first oil from the first well in its multi-well program at a field off the coast of Malaysia.
The post First of five planned production wells …
First of five planned production wells comes online offshore Malaysia Read More »
Norwegian shipbuilder Vard has signed a contract for the design and construction of five Walk-to-work vessels with an international customer, which will be put to service for offshore oil and gas platforms.The vessels are of VARD 3 32 design…
Vard Secures Five Vessels Order for Oil and Gas Sector Read More »