South & Central Asia
Gazprom, Mitsui to Cooperate in LNG Bunkering Studies
Russia’s energy giant Gazprom and Japan’s Mitsui & Co. (Mitsui) signed a Memorandum of Understanding (MoU) on cooperation in feasibility and marketing studies with regard to the bunkering of marine vessels with liquefied natural gas (LNG) in Russia’s Far East and the Asia-Pacific region on September
Novatek, JBIC pen LNG development MoU
Yamal LNG operator, Novatek, on Monday said it has signed a memorandum of understanding with Japan Bank for International Cooperation (JBIC) to cooperate on liquefied natural gas projects.
There is hope for Swiber, Interim Judicial Managers say
Singapore’s Swiber, a debt-laden offshore services provider, could be saved, according to the recently appointed Interim Judicial Managers (IJM). According to a report issued Monday, the IJM’s said that the prospects of saving Swiber hinge on the support from stakeholders and its ability to complete
Mubadala starts drilling Manora appraisal well
Oil and gas company Mubadala Petroleum has started drilling an appraisal well at the Manora Oil Development located in the Northern Gulf of Thailand. Mubadala is the operator of the G1/48 concession, where the development is located, with 60% interest while its partners Tap Oil and Northern Gulf Pet
LR, Hyundai Heavy and Hyundai Mipo to work on STS LNG bunkering study
UK-based Lloyd’s Register, and South Korea’s Hyundai Heavy Industries and Hyundai Mipo Dockyard have signed a joint development project to produce a ship-to-ship LNG bunkering compatibility study. This study will review the design requirements between 6.6K LNG bunkering ships and 14K TEU LNG-fuelled
CMA CGM Wraps Up Compulsory Acquisition of NOL Shares
French container shipping giant CMA CGM has completed the exercise of its rights of compulsory acquisition of all the Neptune Orient Lines Limited (NOL) shares held by NOL shareholders. Namely, the company bought the remaining shares owned by NOL shareholders who had not accepted the all-cash volunt
DW: Change of approach needed in offshore survey market
Offshore surveys are a necessary precursor for both oil and gas and renewable energy installations on the seafloor. However, current market conditions are forcing all parties in the supply chain to rethink their approach, said Douglas-Westwood in its DW Monday report. Douglas-Westwood (DW), an energ
Popular news, Aug 29 – Sep 4, 2016
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Readers’ Picks of the Week (Aug 29 – Sept 2, 2016)
Hanjin Files for Court Receivership, HMM to Buy Its Assets The financially troubled Hanjin Shipping has succumbed to the prolonged depression in the shipping market as the South Korean carrier decided to file for court receivership… Read More Interview: More Boxships Set to Join Scrap Markets in 4Q
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 29 – September 04). Divers have located around 40 pieces of debris around the site at Dalmore Bay, on the Isle of Lewis, where the Transocean Winner drilling rig originally grounded on August 8
Top news of the week Aug. 29-Sep. 4, 2016
ExxonMobil, BP, ConocoPhilips back out of Alaska LNG ExxonMobil, BP and ConocoPhilips are looking to exit the Alaska LNG project following a report by Wood Mackenzie stating the project’s competitiveness ‘ranks poorly’ under current market conditions. Gentle leaves Cheniere and joins Souki at Tellur
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (August 29 – September 4, 2016). NMDC to Dredge Khalifa Port Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s ports and Khalifa Industrial Zone, has announced a major expansion plan for