South & Central Asia
MHWirth firms up drilling equipment order with Keppel
MHWirth has firmed up a $100 million worth drilling equipment order with Keppel FELS for a new semi-submersible rig which will be built for Awilco Drilling.
Report: Pertamina Source of Balikpapan Bay Oil Spill
Pertamina says burst underwater pipeline source of the oil spill in the Balikpapan Bay.
Port Irene Development Plan Includes Dredging
A South Korean company, through its Philippine subsidiary, has offered to undertake the expansion and modernization of Port Irene in Santa Ana, Cagayan in a proposal to dredge its harbor and reinforce its pier that would allow large cargo and cruise vessels to dock, the Philippine News Agency (PNA)
Woodmac expects up to 30 major projects to be sanctioned in 2018
Wood Mackenzie in 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Woodmac expects a similar total this year – circa 30 major project FIDs – supported by continued prudence in industry spending.
WFW advises BTMU on K Line LNG carriers refinancing
The London-based law firm, Watson Farley & Williams (WFW) advised the Bank of Tokyo-Mitsubishi UFJ on a $180 million refinancing of two K-Line LNG carriers.
Gothia Tanker Alliance Adds Newbuilding Tanker
Furetank Rederi, a part of the Gothia Tanker Alliance, took delivery of a new tanker, the 20,000 cbm Fure Vinga.
Semco Maritime in Engineering Study for Taiwan Offshore Wind Project
Semco Maritime has been selected by a joint venture between Canadian power producer Northland Power Inc. (NPI) and Taiwan-based Yushan Energy for an engineering study for the Hai Long offshore wind farm in the Changhua area in Taiwan. The scope of the study comprises optimization of the electrical i
Höegh LNG takes delivery of Höegh Esperanza FSRU
Norway-based FSRU provider Höegh LNG has taken delivery of Höegh Esperanza, its eight floating storage and regasification unit.
Samsung Heavy to Receive Order for Up to Four LNG Carriers
South Korea’s Samsung Heavy Industries (SHI) has received orders for up to four LNG carrier newbuildings.
ACCC: K Line Pleads Guilty to Criminal Cartel Conduct in Australia
Japan’s shipping major K Line has pleaded guilty to criminal cartel conduct in Australia’s Federal Court, ACCC said.
India’s regulator proposes LNG terminal developers registration
India’s Petroleum and Natural Gas Regulatory Board (PNGRB) issued draft regulations requiring LNG terminal developers to register with the regulator.
BP targets 119 cargoes annually from Tangguh LNG in Indonesia
UK-based energy giant and LNG player BP is targeting 119 shipments from its Tangguh export facility in Indonesia on an annual basis to 2020.