South & Central Asia
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 06 – August 12). https://subseaworldnews.com/2018/08/09/van-oord-lays-borkum-riffgrund-2-cables/ https://subseaworldnews.com/2018/08/07/dof-scoops-up-subsea-contracts/ https://subseaworldnews.c
Sentinel Marine expands fleet with new EERV. Creates new jobs
Offshore support vessel operator Sentinel Marine has taken delivery of a new emergency response and rescue vessel.
Dorian LPG Invests in Scrubbers, Continues to Evaluate BW LPG’s Offer
Dorian LPG inks deal for seven scrubbers worth USD 20 million.
Iran sanctions, trade tensions, threaten oil supply, demand, IEA says
The International Energy Agency has warned that the U.S. sanctions on Iran could cause a spike in oil prices later this year, thus affecting the oil demand growth. Oil demand might also be hit by trade tensions. In its report in for July released on Friday, IEA first said that previous concerns abou
Toshiba to offload its US LNG business
Japanese conglomerate Toshiba is reportedly looking to shed its US liquefied natural gas business as talks have started with a number of companies from China and the United States.
International offshore rig count rises in July
The international offshore rig count for July 2018 increased both sequentially and year-over-year, according to a monthly report issued on Tuesday by Baker Hughes, a GE company.
CHEC Begins Dredging Work in Ukraine
China Harbor Engineering Company (CHEC) has started dredging project at Ukraine’s southern Black Sea port of Chornomorsk. Under the contract signed earlier in April, the Chinese company will deepen the port’s approach channel, including a significant amount of dredging work in one of the port’s oper
JFD Kits Out DSCV Andy Warhol with Two Hyperbaric Lifeboats
JFD has delivered the latest pair of next generation self-propelled hyperbaric lifeboats (SPHLs) to Singaporean diving engineering firm Flash Tekk. The SPHLs are being delivered to Flash Tekk’s parent company Ultra Deep Solutions, the builder and operator of ultra-deep diving heavy construction vess
Barakah Offshore inks 5-year contract with Sapura
Malaysia’s Barakah Offshore has secured a long-term contract to provide offshore services to Sapura Exploration and Production in Malaysia.
Petronas hires two Velesto rigs
Velesto Energy has received two letter of awards from Petronas Carigali for the provision of jack-up drilling rig services.
US Releases Another List of Chinese Imports to Face Tariffs
The US unveils the second list considering Chinese imports valued at USD 16 billion.
Wave2O in the swim for Dutch sustainability jackpot
American company Resolute Marine Energy has made it to the shortlist of 25 sustainability start-ups running for the prize of €500,000 as part of the annual competition organized by the Dutch Postcode Lottery.