South & Central Asia
JGC, COOEC join forces on modular FLNG development
Japan’s JGC Corporation formed ties with China’s Offshore Oil Engineering Co. (COOEC) to jointly work on modular FLNG and FPSO projects.
DPS, GISL Eye Asian Dredging Market
The Dutch company Dredge Pump Solutions (DPS), a division of MvO International B.V., and Belgium’s Global Industrial Sourcing & Logistics bvba (GISL) have agreed a mutually beneficial partnership to enhance opportunities in the emerging Asian dredging market. With a primary focus on Indonesia, Bangl
JGC, COOEC sign 5-year modules pact
JGC Corporation has signed a cooperation agreement with China’s Offshore Oil Engineering Co. (COOEC).
Thailand offers two offshore blocks under first ever PSC regime
Thailand has launched a bidding round offering two offshore blocks under a PSC regime for the first time in the country’s history.
Lloyds Energy’s PNOC LNG hub proposal declared complete
Lloyds Energy received a letter from the Philippine National Oil Company that its unsolicited proposal for the PNOC Batangas Bay Energy Hub Project has been declared complete.
COSCO Shipping to Deliver Profit in 1Q 2018
COSCO Shipping International (Singapore) expects to deliver a profit in the first quarter of 2018.
Vroon Sets the Record Straight on Sinokor Vessel Sale Reports
Dutch owner sets the record straight following news reports on the sale of 30 Vroon container vessels to Sinokor.
Global LNG fleet set for record year
The global fleet of liquefied natural gas (LNG) carriers is set to be joined by a record number of vessels this year. According to the data by VesselsValue provided to LNG World News, 22 LNG vessels worth $3.9 billion have been delivered so far in 2018. Another 43 LNG vessels with a price tag of $7.
Ørsted Nods to Formosa 1 Sequel
Ørsted has taken final investment decision (FID) for the second phase of the Formosa 1 offshore wind farm in Chunan Town, Miaoli County, on Taiwan’s North-Western coast.
Ever Judger Seized amid Links to Balikpapan Oil Spill
MV Ever Judger seized by the East Kalimantan police in connection with the oil spill in the Balikpapan Bay.
GTT, Sembcorp Marine Ink Membrane Tank Solutions Deal
GTT has signed a license agreement with Sembcorp Marine for the design and construction of membrane tank solutions.
Ørsted Flies High on UK Offshore Wind
Danish offshore wind developer Ørsted reported DKK 3 billion (EUR 402.7 million) net profit in the first quarter of 2018, a 150% spike compared to the same period last year, largely due to a strong performance of operating wind farms in the UK.