Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, according to Norwegian energy research firm Rystad Energy. That’s thanks to megaprojects in Malaysia, Myanmar and Vietnam with new final investment decisions (FIDs) expected in 2021 for Vietnam, Indonesia and Brunei. “We anticipate that […]
Offshore Gas Project Awards EPCI Deal in Myanmar
October 13, 2016 by
Indonesian platform builder PT Gunanusa Utama Fabricators (PTG) has been awarded a second contract from Thailand’s PTTEP for Zawtika project offshore Myanmar. The initial contract, awarded in September, comprised engineering, procurement, construction and installation (EPCI) of two offshore wellhead platforms, associated pipelines and tie-ins for Phase 1C of the Zawtika Development Project. “The aggregate value […]
Swiber Bags $215M Contracts in Myanmar, Vietnam and Qatar
June 15, 2016 by
Swiber Holdings Limited, a Singapore-based offshore construction services provider to the oil and gas industry, reported Tuesday that it has won three contracts, worth $215 million, in the Middle East and Southeast Asia. The firm clinched an engineering, procurement, construction and installation (EPCI) contract from a European oil major to perform pipeline replacement work in […]
