Saturday, February 24, 2018

TRIYARDS posts second quarter net profit of $5.3 million, up 4 percent from a year ago, while clinching new vessel orders worth $17.8 million. Source link

Wood Group acquires Australia-based SVT Engineering Consultants. Source link

PETRONAS Carigali excludes TH Heavy Engineering's unit from participating in its tender for 2 years due to performance issues relating to the ongoing Kinabalu Project offshore Malaysia. Source link

Energy Drilling Australia commences legal proceedings over the termination of a drilling contract by Senex Energy. Source link

Santos creates a new executive team as part of a new operating model to boost company performance in a low oil price environment. Source link

Royal Boskalis Westminster N.V. secures a contract by Samsung Heavy Industries for the transportation of topside modules for the Johan Sverdrup project, offshore Norway. Source link

Premier Oil appoints former Fairfield Energy Chief Financial Officer Iain Macdonald to its board as an independent non-executive director and member of the audit and risk committee. Source link

Malaysian offshore marine services provider Perdana Petroleum cancels order with Nam Cheong to build an accommodation work barge. Source link

Cadogan Petroleum plc confirms that it has made a "highly preliminary approach" regarding a possible combination with Ascent Resources plc. Source link

Malaysia's SapuraKencana Petroleum incurs a loss of $196 million in profit after tax for financial year that ended Jan. 31, compared to a gain of $355 million in the previous year. Source...
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