South & Central Asia
Petronas starts LNG deliveries to South Korea’s S-Oil
Malaysian energy giant Petronas delivered its first liquefied natural gas (LNG) cargo to the South Korean oil refining company, S-OIL Corporation.
Yinson and Sumitomo eye LNG projects with FPSO, FSU deal
Malaysian FPSO service provider Yinson Holdings Berhad signed a long-term memorandum of understanding with Sumitomo Corporation to jointly pursue FPSO and FSU opportunities including those related to LNG projects.
Korea Eximbank Pledges Over USD 700 Mn for Shipping
Export–Import Bank of Korea has committed to provide KRW 800 billion worth of loans for South Korean shipping.
Kreuz Subsea deploys new dive support vessel for Shell job
Kreuz Subsea has mobilized the recently delivered new-build dive support vessel, Kreuz Challenger, as part of its seven-year contract with Brunei Shell Petroleum Company (BSP).
Liebherr-MCCtec Starts Building Orion’s Giant Crane
Liebherr-MCCtec Rostock GmbH marked the production start of the HLC, Liebherr’s biggest offshore crane, which will be mounted on DEME Group’s Orion, a next-generation offshore installation vessel.
Liebherr-MCCtec Starts Building Orion’s Giant Crane
Liebherr-MCCtec Rostock GmbH marked the production start of the HLC, Liebherr’s biggest offshore crane, which will be mounted on DEME Group’s Orion, a next-generation offshore installation vessel.
CNOOC books higher revenues on oil price rebound
Oil prices rebound brought more revenues to CNOOC Limited, which recorded an increase of 10.8% during the first quarter of the year.
India’s ONGC starts processing gas from VA & S1 wells following onshore plant startup
India’s ONGC has started commercial production at its Onshore Gas Terminal Plant in Odalarevu, Andhra Pradesh by processing gas from three offshore wells.
Report: Sungdong Shipbuilding Enters Court Receivership
Sungdong Shipbuilding and Marine Engineering has been placed under court receivership,
Report: Amurskaya Neftebaza Orders Six Bulkers from Yangzijiang
Russia’s Amurskaya Neftebaza placed an order for six 120,000 dwt bulk carriers with Yangzijiang Shipbuilding.
OPEC and Non-OPEC oil production cuts break another record
Another record-breaking month of conformity levels with production adjustments during March 2018…
Gabadi to build LNG fuel tanks for 22,000 TEU containership
Narón-headquartered Gabadi won a contract to build four membrane tanks of liquefied natural gas (LNG) tanks for a 22,000 TEU containership being built at the Chinese Jiangnan Shipyard.