South & Central Asia
Global gas demand to keep rising over next five years, IEA says
After another record year, global demand for natural gas is set to keep growing over the next five years due to strong consumption in fast-growing Asian economies, the International Energy Agency (IEA) said in its Gas 2019 report.
South Korean LNG imports edge up in May
South Korea, the world’s third buyer of liquefied natural gas (LNG), received 2.97 million tons of LNG in May, 7.2 percent above the 2.77 mtpa in the corresponding month last year.
China: Deepsea Yantai semi-sub named. Sets sail for Norway
Deepsea Yantai, a newbuild semi-submersible drilling rig destined for operations in Norway, has been launched in China.
Brightoil Collects USD 200 Mn through Ship Auctions
Brightoil Petroleum sold four tankers in Hong Kong and Singapore auctions to repay its liabilities.
PTT starts Singapore LNG trading with first cargo
PTT International Trading, the trading unit of Thailand’s state energy firm PTT, has sold the company’s first LNG cargo.
DSME bags new LNG carrier order from Maran Gas
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has booked a new liquefied natural gas carrier order from the Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping Group.
SAExploration Wraps Up Arabian Sea OBS Project
SAExploration said it has completed the largest shallow water ocean bottom marine seismic project in the company’s history. The project, located in the Arabian Sea off the coast of India, utilized over 20 vessels, which included three ocean-bottom node deployment vessels and two seismic source vesse
SAExploration wraps up record survey off India
Ocean bottom node seismic company SAExploration has said it has completed the largest shallow water ocean-bottom marine project in the company’s history.
DSME Wins Another LNG Carrier Order from Maran Gas
DSME is to build another 174,000 cbm LNG carrier for Maran Gas Maritime.
Rystad: Hasty offshore sanctioning leads to cost overruns
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects. However, hasty sanctioning can lead to less certainty of what the ultimate cost of any given project will be, according t
India Restricts Seafarers from Working in Gulf of Guinea
India issued a restriction banning all Indian seafarers from working on vessels in the Gulf of Guinea.
Gazprom, Vietnam talk small-scale LNG development
PVGazprom Natural Gas for Vehicles, a Russian-Vietnamese joint venture plans to start construction of a small-scale LNG plant this year.