South & Central Asia
Ezion in JV with Pacific International Offshore
Singapore’s offshore service rigs provider Ezion Holdings has entered into a partnership with Pacific International Offshore, an offshore vessel owner. The two firms are teaming up in order to provide additional assets to an existing client. While the client has not been named, Ezion said it was a n
Bombora adds new Director to its Board
Bombora Wave Power, an Australian wave energy developer, has appointed Erin Croot to the company’s Board of Directors.
Fugro supporting ONGC field development offshore India
Dutch company Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project offshore the eastern coast of India. The purpose of the work is to gather site specific geotechnical and geohazard data to aid in the design and later installation of wellheads,
ONGC Hires Fugro for Geotech Work Off India
Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India. The purpose of the work is to gather site specific geotechnical and geohazard data to aid in the design and later installation of wellheads, manifolds, platforms, F
Tepco starts up last LNG-powered unit at Kawasaki thermal power station
Japanese utility Tepco informed that it has started operations at its LNG-powered Kawasaki Thermal Power Station Unit 3 at Group 2 with a 710 MW generation capacity.
Wartsila’s dual-fuel engine hits milestone
Finnish engine manufacturer Wärtsilä recently reached a milestone with the completion of the 500th engine factory acceptance test (FAT) for its Wärtsilä 50DF engine.
HAL Offshore gets more work with ONGC
HAL Offshore, via its subsidiary Seamec, a provider of diving support vessels to the Indian offshore oil and gas sector, has secured more work with Indian oil company ONGC. Following a recent announcement that it would supply its Seamec II vessel and marine crew over a 3-year contract to ONGC, for a
EDF Enters Chinese Wind Energy Market
EDF Energies Nouvelles, EDF Group’s subsidiary dedicated to renewable energy, has acquired a majority stake in UPC Asia Wind Management (AWM), which develops and builds wind energy projects in China. Following this acquisition, EDF Energies Nouvelles owns an 80% stake in the UPC AWM, based in Hong K
Report: Japan’s FTC investigating LNG destination clauses
Japan’s Fair Trade Commission has reportedly launched an investigation to see whether the contract clauses restricting the resale of LNG cargoes impede free competition.
Report: Prosecutors Charge DSME’s Former CFO
The former Chief Financial Officer of the financially troubled Daewoo Shipbuilding & Marine Engineering (DSME) has been charged with taking part in the company’s accounting fraud worth KRW 5.4 trillion (USD 4.6 billion), according to Yonhap News Agency. Identified only by his surname Kim, the CFO wa
Xeneta: Will South China Sea Ruling Affect World Trade?
Following the ruling in favor of the Philippines on the increasingly hostile Chinese – Philippine dispute on their claims to the Spratly Islands, Oslo-based Xeneta said that the ruling might have a wider effect on containerized ocean freight, as some 70% of world trade shipping passes through the So
ESC: Price Fixing Issue Not Solved by Carriers’ Commitments
The adoption of a decision that renders legally binding the commitments offered by fourteen container shipping companies, which brings more transparency to the maritime transport of containers price politics, “does not solve” the price fixing problem, according to the European Shippers’ Council (ESC