Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon.These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1,779 days and $332 million in contract revenue, including mobilization and demobilization compensation.
Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has encountered a high yielding well in Beibu Gulf, which produces daily over 1,000 cubic meters of oil equivalent.
South Korea's Korea Midland Power (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for
Exxon Mobil intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday.
Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat.
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