MISC Berhad, one of the world's renowned LNG transporters based in Kuala Lumpur entered into a joint venture agreement with Petromin PNG Shipping Limited, a wholly-owned subsidiary of Petromin PNG Holdings Limited, Papua New Guinea's National Oil, Gas and Minerals Company.

Halliburton, service provider to the energy industry at Houston, and Boots & Coots, Houston, jointly announced that Halliburton has entered into a definitive merger agreement to acquire all of the outstanding stock of Boots & Coots in a stock and cash transaction.