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South & Central Asia

PV Drilling
Fossil Energy

Rig job for Southeast Asian development campaign goes to PV Drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.

about 5 months ago
South Korean cable maker buys cable laying vessel from DOF
Cabling

South Korean cable maker buys cable laying vessel from DOF

South Korea’s Taihan Cable & Solution has acquired a 2016-built cable laying vessel (CLV) from Norwegian DOF Group, representing the second offshore wind-dedicated CLV introduced in Korea. The 10,000-ton class Skandi Connector was designed by Dutch shipbuilder Damen and has to date been deployed on

about 5 months ago
An offshore rig
Fossil Energy

Murphy Oil edging closer to bringing online projects in US Gulf and Vietnam

Houston-headquartered oil and gas company Murphy Oil has made progress across multiple onshore and offshore exploration and production projects, with two on track to achieve first oil this year in the Americas and Asia.

about 5 months ago
Illustration; Source: Wood Mackenzie
Clean Fuel

Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region.

about 5 months ago
Illustration; Source: Wood Mackenzie
Fossil Energy

Oil & gas firms step up exploration game to tackle supply shortfall by 2050

As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2

about 5 months ago
CTCI Thailand team gathered to celebrate the groundbreaking ceremony of the Olefins 3 Cold Energy Utilization Project (OCP); Source: CTCI
Clean Fuel

EPC contractor hand-picked for Southeast Asian LNG cold energy utilization project

CTCI Thailand, a CTCI Group company with a track record in petrochemical and liquefied natural gas (LNG) terminal projects, has been hired to handle the engineering, procurement, and construction (EPC) scope of work at an LNG cold energy utilization project, a joint development between PTT Global Ch

about 5 months ago
Taihan to make and install submarine cables for South Korean solar power plants
Business & Finance

Taihan to make and install submarine cables for South Korean solar power plants

South Korean Taihan Cable & Solution has been selected to manufacture, transport and install extra-high-voltage submarine cables for a local solar power generation project. Taihan will supply the 154 kV cables, joints, and all related materials, as well as provide the installation to EPC contractor

about 5 months ago
Ammonia port-to-ship bunkering ops; Courtesy of Ulsan Port Authority
Alternative Fuels

World’s first ammonia port-to-ship bunkering for dual-fuel gas carrier wraps up in Korea

Ulsan Port Authority (UPA), which manages and operates South Korea’s largest industrial port complex, has revealed the Asian country’s latest leap toward cleaner maritime fuel solutions in the global shipping energy transition by completing what it describes as the world’s first ammonia bunkering op

about 5 months ago
Valeura charters Shelf Drilling’s 19-year-old rig
Fossil Energy

Valeura charters Shelf Drilling’s 19-year-old rig

Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the st

about 6 months ago
Lloyd’s Register, South Korean uni to set up global certification framework for liquid hydrogen shipping
Alternative Fuels

Lloyd’s Register, South Korean uni to set up global certification framework for liquid hydrogen shipping

UK-based classification society Lloyd’s Register and South Korea’s Pusan National University (PNU) have signed a memorandum of understanding (MoU) to establish the first-ever global certification framework for liquid hydrogen shipping. The framework aims to create the first internationally recognize

about 6 months ago
Illustration; Source: Jadestone Energy
Fossil Energy

Gas sales pact paves the way for Jadestone’s Southeast Asian offshore project

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has sealed a deal with PV Gas, a subsidiary of Vietnam’s state-owned national energy group Petrovietnam. This unlocks the doors for the development of gas discoveries off the coast of Vietnam, Southeast Asia.

about 6 months ago
renewable
Alternative Fuels

World’s first global shipping carbon price talks back at UN’s bargaining table

As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend th

about 6 months ago
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