South & Central Asia
Samsung Heavy Unveils Korea’s 1st Marine Battery System
The shipbuilder received a type approval certificate from DNV-GL for the marine lithium ion battery system.
MacGregor Finally Seals TTS Acquisition
MacGregor has wrapped up the acquisition of the marine and offshore businesses of TTS Group.
GasLog Takes delivery of 180,000-cbm LNG newbuild
Monaco-based LNG shipper GasLog has taken delivery of its first 180,000-cbm liquefied natural gas carrier, GasLog Warsaw from the South Korean shipbuilder Samsung Heavy Industries.
Donggi Senoro LNG to reduce 2019 output
Indonesia’s Donggi Senoro liquefied natural gas project at Banggai Regency of Central Sulawesi Province could cut its output for the current year.
Three Dead, Several Injured at Chittagong Shipbreaking Yard
Three workers died and at least six were injured following a toxic gas leak at a shipbreaking yard in Bangladesh.
India in Quest of Offshore LiDARs
India’s National Institute of Wind Energy (NIWE) has launched a tender seeking the turnkey supply of four offshore LiDARs for two sites. The contract covers the supply, delivery, testing and validation, training, transportation, installation and commissioning of two LiDARs in Gujarat and two in Tami
Trendsetter Solution for Gas Lift Project Off Malaysia
Houston-based Trendsetter Engineering announced the successful offshore installation of a custom methanol injection valve module as part of a subsea gas lift project off the coast of Malaysia. The methanol injection valve module interfaces with an existing gooseneck connector to provide the necessar
Royal IHC Posts 2018 Net Loss
Royal IHC reported today that 2018 was a difficult year and due to cost overruns in the execution of a number of challenging innovative projects, the loss for 2018 ultimately amounted to €80.6 million. IHC has initiated a number of clear actions in order to restore profitability. For example, the or
Yinson bags another extension for Vietnam FPSO
Malaysia’s FPSO provider Yinson has secured a two-month extension for its Lam Son FPSO in Vietnam.
ONGC awards three-year deals to Shelf Drilling rigs
Shelf Drilling has been awarded contracts for two of its jack-up rigs with ONGC for operations in the Mumbai High, offshore India.
VesselsValue: 201 Cargo Ships Scrapped in First Half of 2019
The number of containerships scrapped in 1H 2019 rose by 379 percent, compared to 1H 2019.
Rystad: With offshore market gaining momentum, employment shifts from shale to offshore
In an analysis of the oilfield service industry, sector intelligence firm Rystad Energy noted that the main driver of employment was shifting from shale to offshore.