Offshore Development

MSC MALAYSIA Embarks on an Offshore Outsourcing Awareness Campaign for Foreign Direct Investment (Business Wire via Yahoo! Finance)
CYBERJAYA, Malaysia----Multimedia Development Corporation announced that it has launched an international media campaign called ‘Best of All Worlds,’ with Cuzzy Media. In this campaign, MSC MALAYSIA will showcase the progress of foreign direct investment in Malaysia, and why it is one of the world’s top ranked Offshore Outsourcing locations.

PetroVietnam Awards SOCO 2 Appraisal Areas Offshore Vietnam (Rigzone)
The Company has been informed by the Hoang Long Joint Operating Company ("HLJOC"), operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, that PetroVietnam, the national oil company of Vietnam, has approved the application for two appraisal areas within Block 16-1.

SMEDA is partner in development (Standard Democrat)
BENTON -- Having the Southeast Missouri Economic Development Alliance in place means this area won't miss out on opportunities "funneled down" from the state level.

Australian gas project revived on China sales deal (Reuters via Yahoo! Philippines News)
SYDNEY, Jan 7 (Reuters) - United States-based Apache Energy and Australia's Santos Ltd plan to revive an A$842 million ($609 million) offshore gas development in western Australia after winning a major supply deal, both groups said on Wednesday.

Exxon Mobil says submits development plan for Natuna (Reuters via Yahoo! Philippines News)
By Muklis Ali

Steria wins Capita outsourcing deal (Finextra)
Steria has won a five year deal with insurance outsourcer Capita Life & Pensions to provide offshore IT application development and support services ...

China Rejects Japan's Complaint On Gas-Field Development (Nasdaq)
BEIJING (AFP)--China Tuesday rejected an accusation by Japan that it was violating an accord on disputed offshore gas fields and suggested Tokyo misunderstood last year's agreement.

R.I., Deepwater sign wind-farm agreement (Providence Business News)
DEEPWATER WIND and Rhode Island have signed an agreement for the company to build a 100-turbine wind farm in offshore waters. The company will use oil-platform-style “jackets” as foundations for the turbines, as shown in the rendering above.