Conrad Asia Energy says fabrication of Mako’s topside modules has begun, while the gas development continues to target initial production in the fourth quarter of 2027.
DOF Group will sell four PSVs, generating about $50 million in net cash proceeds after related debt repayment, and acquire two 123 m newbuild CSVs for delivery in 2027 and 2028.
DOF will sell four PSVs, acquire two CSVs under construction and receive a $115 million insurance payment after declaring Skandi Amazonas a constructive total loss.
PaxOcean has opened its 17.26-hectare 5JS shipyard in Singapore, adding LNG repair capability, digital engineering and innovation support for complex maritime and offshore projects.
PaxOcean has opened its 5 Jalan Samulun shipyard in Singapore, adding graving docks, workshops and an innovation hub while advancing R&D and sustainability initiatives.
PaxOcean Zhoushan has named PAC LIBRA, the first 40,000-DWT multi-purpose vessel jointly developed with PCL, featuring heavy-lift equipment and upgraded cargo-handling systems.
PaxOcean has completed the successful redelivery of the CLV Bentang Bahari to PT Ketrosden Triasmitra, after a full conversion at its Batam yard, enhancing Indonesia’s subsea cable capacity.
