South & Central Asia
OceanMight in EPC deal for Talisman platform in Malaysia
Malaysia’s OceanMight company has won a letter of award to work on an offshore platform for Talisman Malaysia. Ocean Might, an associate company of KKB will be responsible for the engineering, procurement and construction (“EPC”) for the Bunga Pakma Wellhead Riser Platform. According to a statement
Registration Open for Offshore Energy Conference 2016
The registration for Offshore Energy Exhibition & Conference 2016 (OEEC 2016) is now open. The ninth edition of this event is expected to attract 11,500 offshore professionals and more than 650 exhibiting companies. Offshore Energy is an annual event focused on the complete offshore energy industry.
Enrica Lexie: India Agrees to Send Italian Marine Home
The Indian Supreme Court has made a decision to enforce The Hague Court of Arbitration’s order to free one of the two Italian Navy marines being held in India after they were accused of killing two Indian fishermen in February 2012 while on anti-piracy duty, according to the Italian Ministry of Fore
Mubadala strikes out at Sri Trang-1 well (Thailand)
Mubadala Petroleum has failed to unearth commercial volumes of oil at its latest exploration well in the Gulf of Thailand. According to Tap Oil, a partner in the project, the Sri Trang-1 exploration well was spudded on May 17, in 40 meters of water, using the Atwood Orca jack-up drilling rig. Tap sa
Japan’s Jera sells LNG to EDF Trading
Japan’s Jera Co, a joint venture between Chubu Electric and Tepco, said it has agreed to sell the chilled fuel to EDF Trading, a unit of France’s EDF. Under the deal, Jera, one of the world’s largest LNG buyers will sell about 1.5 million mt to EDF Trading at European LNG terminals for a period of [
Paragon Snubs Delivery of Ultramax Newbuilding
Athens-based dry bulk shipping company Paragon Shipping has not taken delivery of an Ultramax newbuilding dry bulk carrier, according to a statement from the company. Namely, Paragon Shipping said that it received a notice of default from the Chinese shipbuilder Yangzhou Dayang Shipbuilding Co. Ltd.
Petronas extends LNG supply contract with China’s JOVO
Malaysian energy giant Petronas said it has extended a contract to supply liquefied natural gas to the private Chinese LNG terminal owner, JOVO. JOVO owns and operates the Dongguan LNG terminal based in Guangdong, South China. The contract extension signed between the two companies will “ensure a st
Platts: June spot LNG prices to Asia slide
Prices of spot LNG for delivery to Asia averaged US$4.461 per mmBtu for June, according to the latest Platts Japan/Korea Marker data for month-ahead delivery.
Aqualis bags ONGC extension
United India Insurance Company has reappointed Aqualis Offshore, London-based offshore marine and engineering consultancy company, as the marine warranty services provider to India’s Oil and Natural Gas Corporation’s (ONGC) assets offshore India. Aqualis said in today’s press release that the extens
Horizon ROV Aids Jacket Installation Off India
Horizon Geosciences recently provided ROV services for Valentine Marine Gulf Limited on an ONGC India project in the Heera field, offshore Mumbai. Horizon’s ROV was mobilized onto Valentine’s DLB 1600 barge for the work, that was centered around the installation of a four legged jacket and topside.
Jan De Nul Signs Payra Port Dredging Contract
A memorandum of understanding (MoU) for the Payra Port Development Project was signed today between the Payra Port Authority (PPA) and Jan De Nul. Under the agreement, Jan De Nul will conduct major capital dredging and civil engineering work on about 35 nautical miles in Rabnabad channel in Kalapara
India launches bidding round, aims to develop discovered reserves
India’s petroleum ministry has launched the bidding round for discovered small oil and gas fields. The round launched on Wednesday in New Delhi aims to boost domestic oil and gas resources through the development of the existing hydrocarbon reserves. The new bidding round was launched by Shri Dharme