South & Central Asia
K Line Cuts Executives’ Pay by 10 Pct
K Line reduces the pay of its executives from April 2019 by 10 pct.
Rystad: Offshore renaissance party might end in 2022
The offshore oil and gas industry is currently in a resurrection mode and is expected to keep growing, however, the annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to the energy intelligence group Rystad Energy.
Accelerating Climate Initiatives by Van Oord
Van Oord, an international contractor specializing in dredging, marine engineering and offshore projects, presented a white paper on Accelerating Climate Initiatives today. Prior to the launch, Van Oord introduced its sustainability program S.E.A. A platform of Sustainable Earth Actions, to advocate
Japan’s LNG imports edge up in April
Japanese imports of liquefied natural gas (LNG) during the month of April have edged up after months of declines.
K Line: New Coal Carrier for JERA Delivered
K Line takes delivery of Miyagawa Maru, a 100,000 dwt coal carrier.
Engie and EDP Aim for Offshore Wind Top Spots with New Joint Venture
Engie and EDP have signed a strategic Memorandum of Understanding (MoU) to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. The new entity will be the exclusive vehicle of investment of EDP, through its subsidiary EDP Renewables (EDPR), and Engie for offshore wind
Engie and EDP Aim for Offshore Wind Top Spots with New Joint Venture
Engie and EDP have signed a strategic Memorandum of Understanding (MoU) to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. The new entity will be the exclusive vehicle of investment of EDP, through its subsidiary EDP Renewables (EDPR), and Engie for offshore wind
TechnipFMC Picks Frames Package for Eni Merakes Field
Oil and gas process equipment supplier Frames has been awarded a contract to supply TechnipFMC with the hydraulic control systems for subsea wells and subsea isolation valves in the Eni Merakes field tie-back to the existing Jangkrik Floating Production Unit in offshore East Kalimantan, Indonesia. T
India’s LNG imports jump in April
Imports of liquefied natural gas (LNG) into India during the month of April jumped compared to the corresponding month in 2018.
Petronas kicks off first production from FLNG Satu after recent location change
Petronas has recently achieved its first liquefied natural gas (LNG) drop by its floating LNG facility, Petronas Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, 90 kilometers offshore Sabah.
COOEC Selects InterMoor for South China Sea Project
InterMoor has signed a contract with COOEC, a subsidiary of China National Offshore Oil Corporation (CNOOC), to install deepwater mooring systems for the Liuhua 16-2 and Lingshui 17-2 floating production facilities in the South China Sea. The Liuhua 16-2 turret-moored floating production and storage
Massive expectations for Kekra crumble. Pakistan well hits no pay
An Eni-lead consortium has reportedly found no oil or gas reserves during exploration of the Kekra-1 well off the coast of Pakistan.