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 ...

Tanjung Offshore has set up an independent committee to “review and make recommendations on matters arising from recent media reports on the company”, the Malaysia-listed company said in an exchange ...

Kuala Lumpur: Oil and gas exploration and production firm M3nergy has set its sights on oil fields in Vietnam, Indonesia and the Gulf of Mexico for expansion. “We are looking at opportunities in ...

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: 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.

Manila: Moves are afoot for the Philippines to follow Indonesia’s lead and ban mineral ore exports. The environment secretary has backed a proposal made last month by Senator Paolo Benigno Aquino that ...

Manila: Harbor Star Shipping Services, a Philippine provider of harbour assistance, lighterage, salvage and towing services, is expanding overseas beginning with a bid to serve two ports in Johor, ...

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 ...

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 ...

Kuala Lumpur: ExxonMobil subsidiary, ExxonMobil Exploration and Production Malaysia Inc, has started operations at Malaysia's first large-scale enhanced oil recovery (EOR) project at Tapis. "This ...