Royal IHC has bagged a contract from Malaysian FPSO provider Yinson for a tandem mooring and offloading system and a riser pull-in system to be used by the Anna Nery floating production, storage and offloading vessel (Anna Nery FPSO). Financial terms of the contract were not disclosed by the Dutch maritime service provider. The Anna […]
Pekan solar power plant : Jacobs, a US construction company, has been selected by Hanwha Energy to provide owner’s engineer services for supporting the design, engineering, procurement, construction, installation, testing and commissioning of a new 100MW solar power plant in Pekan, Pahang, Malaysia. Upon its commissioning, the Pekan solar power plant will be linked to […]
SapuraOMV Upstream has started production from the Larak gas field as part of the SK408 gas fields in Malaysian waters off the coast of Sarawak. The Larak gas field development was executed within budget, said SapuraOMV Upstream, which is a partnership between Malaysia’s Sapura Energy and OMV Exploration & Production, a subsidiary of Austrian oil […]
Malaysian hotel industry news : US hospitality company Hyatt Hotels Corporation and Malaysia-based investment holding company Hap Seng Consolidated Berhad have signed a management agreement to develop the first Hyatt Centric hotel in Malaysia. To be built in Kota Kinabalu in Sabah state, the Hyatt Centric hotel in Malaysia will offer convenient access to the […]
Oil and gas industry news : Murphy Oil has signed a deal to divest its Malaysian assets to Thai state-owned company PTT Exploration and Production’s subsidiary PTTEP HK Offshore in an all-cash deal worth $2.127 billion. In this connection, the Arkansas-based oil exploration and production company will sell 100% of Murphy Sabah Oil and Murphy […]