Statoil and AET extend partnership in North Sea shuttle sector

Statoil and AET extend partnership in North Sea shuttle sector

Statoil and AET extend partnership in North Sea shuttle sector as Statoil awards a contract to AET to operate two specialist DP2 offshore loading shuttle tankers (OLSTs) on long-term charter. Statoil ASA and AET, one of …
Jun 22, 2017 /  Vessels
Petronas to partner with Gas4Sea to promote LNG to shipping players

Petronas to partner with Gas4Sea to promote LNG to shipping players

Petroliam Nasional Bhd (Petronas), through subsidiary Petronas LNG Ltd (PLL) and shipping affiliate MISC Bhd, plans to team up with Gas4Sea partners and identify business opportunities in the supply of liquefied …
May 17, 2017 /  Vessels
Seadrill Agrees to Sell Three Jack-ups for $225 million

Seadrill Agrees to Sell Three Jack-ups for $225 million

Seadrill Limited (Seadrill), announces that it has reached an agreement with Shelf Drilling to sell the West Triton, West Resolute and West Mischief for a total consideration of $225 million subject to customary …
May 1, 2017 /  Vessels
MISC names its second Moss-type LNG carrier

MISC names its second Moss-type LNG carrier

Malaysia-based shipowner MISC has named its second of the five Moss-type LNG carrier newbuildings it has ordered from Hyundai Heavy Industries for long-term charter to state-owned energy firm Petronas. The …
Jan 20, 2017 /  Vessels
MISC Berhad Hosts Commencement Ceremony for FSO Benchamas 2 Project

MISC Berhad Hosts Commencement Ceremony for FSO Benchamas 2 Project

MISC Berhad (MISC) Wednesday celebrated the commencement of FSO Benchamas 2 conversion, in a ceremony at MMHE West Yard, Pasir Gudang. In attendance were the vessel charterer, conversion contractors and the vessel …
Jan 19, 2017 /  Vessels
MISC Berhad Enters Thai Offshore Oil and Gas Market

MISC Berhad Enters Thai Offshore Oil and Gas Market

MISC Berhad (MISC), one of the world’s leading energy related maritime solutions and services provider has made inroads into Thailand’s offshore oil and gas market for the first time. Tuesday (Aug23), …
Aug 25, 2016 /  Curious
MISC’s 1Q net profit up 17.4% on stronger petroleum segment

MISC’s 1Q net profit up 17.4% on stronger petroleum segment

A six-fold jump in the profit of its petroleum segment lifted MISC Bhd’s net profit for the first quarter ended March 31, 2016 (1QFY16) by 17.4% to RM571 million or 12.8 sen per share. The shipping giant recorded …
May 7, 2016 /  Finance
Malaysia International Shipping Corp eyes FPSO assets

Malaysia International Shipping Corp eyes FPSO assets

Malaysia International Shipping Corporation MISC Bhd is looking to acquire distressed floating, production, storage and off-loading (FPSO) assets as the shipping company is now on stronger financial …
Apr 21, 2016 /  Curious
MISC proposes to buy remaining 50 pct stake in Gumusut-Kakap

MISC proposes to buy remaining 50 pct stake in Gumusut-Kakap

Shipping company, MISC Bhd has proposed to acquire the remaining 50 per cent stake in Gumusut-Kakap Semi-Floating Production System (L) Limited from E&P Venture Solutions Co Sdn Bhd for US$445 million …
Mar 30, 2016 /  Finance
MISC and AET to merge chemical and product tanker fleets

MISC and AET to merge chemical and product tanker fleets

MISC Berhad – one of the world’s leading international energy logistics groups – announces that it is to merge its chemical fleet with the clean petroleum products (CPP) fleet operated by its …
Mar 11, 2016 /  Curious