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Blogs forJanuary 9th, 2026

Perro Negro 7 Returns to Work for Aramco

Saipem will bring jack-up rig Perro Negro 7 back into service for Aramco offshore Saudi Arabia from January 2026, with a 2024 suspension added at the end of the deal, extending the contract to 2034.

Malaysia remains core hub for PETRONAS oil and gas

BMI says Malaysia will remain a major oil and gas investment location as PETRONAS maintains about RM50 billion in upstream capex, expands overseas assets and advances CCS and LNG-related spending.

OceanMight wins Belud South offshore platform job

PETRONAS Carigali has awarded OceanMight, a KKB Engineering subsidiary, a RM212 million ($52 million) EPC contract for a fixed offshore structure and host tie-in at Erb West under the Belud South project off Sabah.

Norden widens MPP foothold in project cargo

Danish carrier Norden is expanding its MPP fleet with long-term leases for two 17,500 dwt newbuildings delivering in 2028, underscoring that modern MPP capacity for project cargo is likely to stay tight.

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