South & Central Asia
Oil production starts from CNOOC’s Beibu Gulf fields (China)
Chinese oil and gas exploration and production company CNOOC Limited has announced that the Weizhou 12-2 oilfield joint development project and Weizhou 11-4 North oilfield Phase II project have recently started production. The Weizhou 12-2 project is located in Beibu Gulf Basin of the South China Se
Agritrade Resources Fixes Six Tug and Barge Boats
Hong Kong-based Agritrade Resources Limited’s subsidiary Fair Cypress has signed long-term charter agreements with an undisclosed Qatar-based party for a fleet of tug and barge boats. Under the agreement the company will charter out six vessels which will be used for the shipment of construction agg
Lundin enters farm out deals in Malaysia
Lundin Petroleum has signed farm-out agreements (FOA) with DYAS for part of its working interests across three Production Sharing Contracts (PSC) in Malaysia. Ahead of the recently started exploration campaign in the Sabah region, offshore East Malaysia, Lundin Malaysia has entered into farm-out agr
ABB’s Octopus for Ultra Deep’s Newbuilds
ABB will provide the technology that would help three vessels safely carry out construction and maintenance tasks up to 5 kilometers under water, the company said Monday. Namely, the vessels will be equipped with ABB’s OCTOPUS software that uses sensors and the Internet of Things, Services and Peopl
JULONG Delivers New Dredger to India
JULONG, a Chinese manufacturer of dredging, mining and sand processing equipment, has completed delivery of a new cutter suction dredger to India. The new dredger was named CSD SHARAT and will be put up to the test at its first dredging job in Mumbai. This JL-CSD300 type dredger has a suction pipe d
Workshop on Mechanical Dredging in Chittagong
The UDDP Project of Dhaka WASA organized a workshop on ‘Mechanical Dredging to Reduce Urban Water Logging’ in the CCC Conference Hall Chittagong last month. UDDP initiated this workshop to share experience and disseminate information about mechanical dredging in Dhaka with the workshop participants
Cutter Suction Dredger Vessel Directory in Preparation
In order to better promote the dredging industry, DredgingToday.com – owned by the Dutch media company Navingo BV – is working on a new product named the Cutter Suction Dredger Vessel Directory. The CSD Vessel Directory is aimed to provide the industry with a compact useful overview of operating cut
Popular news, January 25 – 31, 2016
Popular news, January 25 – 31, 2016
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 25 – January 31). The MV Fugro Discovery has lost the sonar vehicle deep tow (towfish) being used to search the ocean floor for the missing Malaysian Airline MH370 while conducting search acti
Highlights of the Week (January 25-31)
Dredging Today brings you an overview of the most popular stories from the past week (January 25-31). Gippsland Ports Orders Damen TSHD 650 The Damen Shipyards Group is constructing a trailing suction hopper dredger (TSHD) 650 for Australian client Gippsland Ports. Royal IHC and Adani Sign Deal
Top news of the week January 25-30, 2016
BREAKING: Shell-BG merger approved BG Group’s shareholders on Thursday approved the multi-billion merger with Hague-based energy giant Shell, creating the world’s largest LNG company. ExxonMobil: natural gas demand to rise 50 pct Texas-based energy giant ExxonMobil said in a report on Monday that na
World Bank cuts its 2016 crude oil forecast to $37
The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections. The lower forecast reflects a number of supply and demand factors. These include sooner-than-anticipated resumption of ex