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South & Central Asia

Maritime Technologies Forum
Green Marine

Seven industry partners launch Maritime Technologies Forum

Seven flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) which will seek to bridge the gap between technology knowledge and regulatory process.

about 5 years ago
Eidesvik Offshore's service operations vessel Acergy Viking
Cabling

In focus: Energy and shipping sectors in symbiosis for net-zero

Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not

about 5 years ago
KSOE
Green Marine

KSOE adds Suezmax pair to its orderbook

KSOE, a major shipbuilder in South Korea, is on a winning streak as it secured another order for the construction of two crude oil carriers.

about 5 years ago
Hyundai Heavy
Green Marine

Hyundai Heavy develops AI-based fire monitoring system

Hyundai Heavy Industries (HHI) Group has developed an artificial intelligence (AI) based safety management/monitoring system (HiCAMS) and obtained classification and flag approval-in-principal (AIP) for the first time in the shipbuilding industry.

about 5 years ago
Euronav
Ammonia

Euronav behind order for LNG-ready VLCC duo at KSOE

Belgium’s tanker shipping company Euronav NV has confirmed that it signed contracts for the construction of two very large crude carriers (VLCCs) with South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI).

about 5 years ago
Oil barrels - oil demand
Fossil Energy

Rystad downgrades peak oil demand to 101.6 million bpd in 2026

Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.

about 5 years ago
Petronas
Fossil Energy

Petronas assigns development of two fields to Vestigo

Petronas has awarded the PSC for two offshore fields under the newly introduced Small Field Asset PSC terms, to Vestigo Petroleum.

about 5 years ago
MBMs
Green Marine

​​​​​​​Shipping bodies say it’s time for world leaders to consider the role of MBMs

Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.

about 5 years ago
A photo of the Beatrice offshore wind farm site with jacket foundations installed
Foundations

Floating wind not the only deepwater option – Enterprize Energy

The acceleration of deepwater offshore wind development is being held back by a singular focus on floating wind, while innovative fixed-bottom or buoyant foundations provide an immediate route to large-scale, cost-effective deployment at many high resource sites, Enterprize Energy said in its latest

about 5 years ago
KSOE
Business Developments & Projects

KSOE secures deal for VLCC pair

South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering Co. (KSOE) started the week with a new order for two very large crude carriers (VLCCs).

about 5 years ago
energy transition
Clean Fuel

In focus: Piecing together the energy transition puzzle

The offshore energy sector is currently going through a major change with the energy transition and sustainability as a driving force.

about 5 years ago
KSOE
Clean Fuel

KSOE wins order for LNG carrier trio

South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) is enjoying a ship ordering spree as it won another contract for three liquefied natural gas (LNG) carriers.

about 5 years ago
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