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Asia Pacific

GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to Malaysia's Petronas.   The equipment will be used for a second floating liquefied natural gas (FLNG) facility, which is being built off the coast of East Malaysia.   "We are…
The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news that Japan is now in recession.   Brent crude dropped $1.08 to $78.33 a barrel, while US crude for December delivery declined 78 cents to $75.04 a barrel, Reuters reported.…
Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up drilling rig for the Bentley field, UK North Sea.   A new-build Keppel FELS N Class Plus, together with equipment and personnel, will be used for the field.   "Selecting…
ShawCor pipe coating division Bredero Shaw has secured a second contract from BP Exploration for pipeline coating work on the Shah Deniz Stage 2 development project in the Azerbaijan sector of the Caspian Sea.   ShawCor will implement the contract, worth about $200m, at the Caspian Pipe Coatings (CPC) facility…
Downer EDI has secured a A$170m ($159m) contract to work on the Gorgon project situated on Barrow Island off the north-west coast of Western Australia.   The 12-month contract, which is for miscellaneous works, includes an option to extend the period.   Under the contract, Downer EDI will work on…
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