South & Central Asia
Top news of the week January 7-12
WoodMac: gas prices to drop as LNG FIDs hit record figures in 2019 The year 2019 is set to be a record year for supply in terms of both production growth and new project FIDs, according to the research and consultancy group Wood Mackenzie. Sapura Energy to work on PFLNG Satu relocation Sapura Energy
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 07 – January 13). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Technipfmc Wins Iepci Deal For Bp Atlantis Phase 3 In Gom https://subse
Medco sets price for Ophir takeover. Ophir says price lower than initial offer
Indonesia’s Medco Energi has set a price for a potential offer for the takeover of London-listed oil company Ophir Energy – 48.5 pence a share in cash.
20,000 TEU COSCO Shipping Pisces Named at DACKS
A colossal 20,000 TEU containership, owned by COSCO Shipping Lines, was named today at DACKS.
Medco prices potential Ophir bid at $440 mln
Indonesian oil and gas company Medco Energi has informed Ophir Energy of the details on the potential offer.
Hong Kong: Search for Two Sailors Still Active after Tanker Explosion
Hong Kong authorities still looking for two crew members after an Aulac Fortune explosion and fire.
Competition Commission Opens Investigation into Hong Kong Seaport Alliance
The Competition Commission investigates the recently created terminal operator alliance.
HMM CEO: 2020 Will Be a Year of Quantum Leap for Us
Yoo: 2020 will be a year of quantum leap for Hyundai Merchant Marine.
Royal IHC Delivers Dredging Seminar in Surabaya, Indonesia
Royal IHC recently partnered with Stiamak Barunawati and Pelindo III to deliver a dredging seminar in Surabaya, Indonesia. The aim of the last month’s event was to give an insight into the world of dredging, and encourage contractors and other relevant parties to enter this field by sharing IHC’s di
Court Gives Nod to Sinotrans Privatization
The High Court of Hong Kong has sanctioned the proposed privatization of Sinotrans Shipping Limited.
Chevron Launches Three New Very Large Crude Carriers
Chevron launched earlier this week three new VLCCs.
MHI christens JERA’s fourth Sayaringo STaGE vessel, Noshu Maru
Mitsubishi Shipbuilding, a Mitsubishi Heavy Industries unit, christened the Noshu Maru, a Sayaringo STaGE LNG carrier built for the JERA and Mitsui O.S.K. Lines joint venture Trans Pacific Shipping.