Category: Malaysia
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First of five planned production wells comes online offshore Malaysia
First of five planned production wells comes online offshore Malaysia 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 comes online offshore Malaysia appeared…
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Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game with robotics
Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game with robotics 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 drilling game…
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MISC and Bumi Armada weigh up offshore merger
MISC and Bumi Armada weigh up offshore merger Malaysia’s top shipping line, MISC, has moved to combine its offshore business with fellow floating production storage and offloading (FPSO) vessel specialist Bumi Armada. The two companies have entered into a non-binding memorandum of understanding to explore a prospective share-based merger, following market talk of a potential…