McDermott International, Inc. announced today that one of its subsidiaries has been awarded a fast-track fabrication contract by PC Ketapang II Ltd., a subsidiary of PETRONAS for the BTJT-A Jacket as part of the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia.
Argentina's state-controlled energy company YPF said on Thursday it had reached a deal worth $550 million with Malaysia's state oil firm Petronas to develop shale oil in the vast Vaca Muerta formation. Argentina needs foreign investment to develop the shale formation…
Globecomm Maritime, a leading provider of maritime communications solutions, has been awarded a contract to provide VSAT connectivity to PBJV Group's barge Kota Laksamana 101. The barge, which accommodates up to 300 personnel, was recently chartered to Petronas…
Engineering giant Bechtel Corp reached a new workplace agreement on Friday with construction workers, averting strikes that could have delayed the start-up of three liquefied natural gas (LNG) plants it is building on Australia's east coast.
A successful bid would make it Vietnam's biggest corporate deal; Kuwait Petroleum Corp unit has bid close to $2 bln for the stake. Petrovietnam has bid for a stake in Murphy Oil Corp's Malaysian oil and gas assets, challenging other suitors including Mitsubishi Corp and Indian state oil companies…