South & Central Asia
JERA considering LNG collaboration with EDF Trading
Japan’s JERA, a joint venture between Chubu Electric and Tepco has entered negotiations with EDF Trading, the London-based trading arm of France’s EDF, to collaborate on LNG.
Cyber Hygiene Key to Hack-Proofing Your Business
With cyber crimes becoming ever more frequent, WMN explores what is key to becoming cyber resilient.
CNOOC hires LNG carrier duo to store winter reserves
China National Offshore Oil Corporation (CNOOC) is reportedly preparing for a winter fuel crunch by spending $10 million on leasing two LNG tankers to store additional reserves of the chilled fuel.
Hibiscus gets green light to buy Shell’s North Sabah oil fields
Malaysia’s Hibiscus Petroleum has received consent from Petronas under the joint operating agreement to acquire a 50% participating interest in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract from Shell. Shell signed a deal with Hibiscus Petroleum to sell its entire participat
V.Ships Offshore Takes FSO under Management
V.Ships Offshore wins ship management contract for the floating storage and offloading vessel Pertamina Abherka.
PGS Wraps Up North Madura Shoot
Seismic vessel PGS Apollo has completed a triple source multi-client 3D survey in North Madura. The survey is a part the MIGAS plan for licensing new areas in the North Madura/East Java Basin and beyond. The North Madura 3D is the first multi-client 3D that has been acquired in Indonesia for over si
EU Okays COSCO’s OOCL Takeover
The European Commission has given the green light to COSCO Shipping’s bid to take over OOCL.
GE, DSIC Develop Design for Gas Turbine-Powered LNG Carrier Conversion
GE, DSIC complete preliminary design for conversion of a steam turbine-powered LNGC to a gas turbine-based propulsion.
Brokers: Hyundai Heavy On a Roll
Broker reports link Hyundai Heavy Industries to up to seven contracts for 319,000 dwt tankers.
First LNG Ship Arrives at Soma LNG Terminal
First LNG ship arrived at the new Soma LNG Terminal marking the start of the terminal’s commissioning.
SeaIntel: Transpacific Contract Rates to Rise by 30 Pct?
Container carriers will be looking at increasing the Transpacific contract rate levels towards 2018.
ABS approves GE, Hudong-Zhonghua’s LNG power supply vessel
GE’s Marine Solutions and Hudong-Zhonghua Shipbuilding Company (HZ) have received approval in principle from ABS for their jointly developed design of a 100 MW LNG power supply vessel.