South & Central Asia
India’s Petronet moving forward with seventh Dahej LNG tank
India’s Petronet LNG, the country’s largest liquefied natural gas importer, is moving forward with its plans to add a seventh tank at its Dahej regasification terminal in Gujarat. “The tendering process (for the construction of the LNG tank) is in advance stage,” Petronet LNG said in its 2017-18 ann
Ophir impairs Fortuna project, plans to move to Asian HQ
UK-based Ophir Energy has impaired the value of its Fortuna FLNG development in Equatorial Guinea and decided to downsize its London office in order to transition to an Asian HQ. Ophir has been working to find financing and make a final investment decision on the Fortuna FLNG project for a while now
Ørsted Awards First Major Greater Changhua Contract
Ørsted has awarded its Taiwanese partner Woen Jinn Harbour Engineering (WJ) with a contract for the inter-array cable installation at the Greater Changhua offshore wind projects.
Ørsted Awards First Major Greater Changhua Contract
Ørsted has awarded its Taiwanese partner Woen Jinn Harbour Engineering (WJ) with a contract for the inter-array cable installation at the Greater Changhua offshore wind projects.
Taiwan: Ørsted Backs Construction of Woen-Jinn’s New Cable Layer
Ørsted has signed a construction contract with Taiwanese supplier partner Woen-Jinn for Greater Changhua projects’ array cable installation. The contract includes the provision to allow Woen-Jinn (WJ) to invest in a newbuild cable-laying vessel, which should enable them to become a competitive offsh
BIMCO: Trade War Crossfire to Seriously Hit Shipping
BIMCO: The long list of tariffed goods has been made longer as the US proposed tariffs on goods worth USD 200 billion.
Bombora rides £10 million funding wave
Bombora Wave Power Europe has secured over £10 million in EU funding to build and commercialize its wave energy technology.
Energean: Karish-Tanin FPSO to sail away from Singapore in 2020
Energean expects the FPSO unit for its Karish and Tanin development located offshore Israel to sail away from a yard in Singapore in late 2020 ahead of first gas in 2021.
DSME Names Ice-Breaking LNG Carrier for Yamal Project
DSME held a naming ceremony for an ice-breaking LNG carrier, jointly ordered by MOL and China COSCO Shipping.
Austria’s OMV to buy half of Sapura Upstream
Malaysia’s Sapura Energy has entered into a heads of agreement with Austria’s OMV to form a strategic partnership.
MV Werften Lays Keel for Dream Cruises’ 1st Global Class Ship
MV Werften started the construction of Dream Cruises’ first 204,000 gross ton Global Class ship today.
TOP Ships Secures Financing for New Suezmaxes
TOP Ships received approval for USD 92.5 million via sale and leaseback deals to finance two Suezmax newbuildings.