South & Central Asia
Partners exit Ophir field leaving full responsibility to Petronas
Partners in the Ophir field located offshore Malaysia have decided to exit the field due to economic cut-off, which will result in Petronas taking over full responsibility for the field.
Pakistan’s NAB to probe former prime ministers over LNG terminal
Pakistan’s National Accountability Bureau (NAB) launched an inquiry against former prime ministers Nawaz Sharif and Khaqan Abbasi in relation to irregularities on an LNG project.
ClassNK updates guidelines on liquefied gas carrier structures
Japanese classification society, ClassNK released its guidelines for liquefied gas carrier structures – independent prismatic tanks, specifying the technical requirements related to the structural strength assessments by using direct calculation.
Philippines, KEXIM Ink Loan Pact for Cebu Port Project
The Export Import Bank of Korea (KEXIM) has signed a loan grant contract with the Department of Finance of the Philippines to support the Cebu New Port Construction Project with $173 million in the Economic Development Cooperation Fund (EDCF). The capital port development project, to be located in t
LR grants AiP for LNG-fueled bulk carrier design by SWS
Lloyd’s Register granted the approval in principle (AiP) to Shanghai Waigaoqiao Shipbuilding for its LNG dual-fueled 210,000 DWT bulk carrier design.
ABB Wins Marine Software Deal for Nine Heavy Lift Ships
ABB secures contracts for nine heavy lift vessels transporting modules for the Tengiz oil field expansion.
Yangzijiang Secures USD 578 Mn Worth of New Deals in May
Yangzijiang Shipbuilding secured up to USD 578 million worth of new shipbuilder contract during May 2018.
Improving Climate Resilience in Marshall Islands
The World Bank and the Government of the Republic of the Marshall Islands this week launched two climate change related projects that will increase investments in renewable energy, promote energy efficiency and enhance the country’s resilience to the impacts of climate change. The Marshall Islands i
Posidonia 2018: Scrubbers Not a Long-Term Solution
Scrubbers are not a long-term solution for the impending 2020 sulphur cap.
Panama Canal Administrator: Tensions between U.S. and China to Cool Off
The ongoing trade tensions between the United Sates and China are expected to subside
Interview: Dive into the well of offshore drilling wisdom
Many of you, if at all interested in offshore drilling – reading this on Offshore Energy Today means that you are – have probably heard the name, David Carter Shinn.
Phoenix Petroleum, CNOOC sign LNG MoU
Philippine independent oil company Phoenix Petroleum signed a memorandum of understanding with CNOOC on LNG developments in the Philippines.