South & Central Asia
Iran crucial for OPEC production cut deal, secretary says
OPEC Secretary General, Mohammad Sanusi Barkindo, met with Iran’s Minister of Petroleum, Bijan Namdar Zanganeh, during a closed-door session on November 19 in Tehran. The visit comes ahead of the much-awaited OPEC meeting in Vienna on November 30, where OPEC members will decide whether to cut oil pr
IADC Facts About: Selecting a Destination for Dredged Material
The International Association of Dredging Contractors (IADC) has just released a new ‘Facts About’ publication named ‘Selecting a Destination for Dredged Material‘. ‘Facts About’ is a series of concise, easy-to-read leaflets which give an effective overview of essential facts about specific dredging
Japan boosts October LNG imports
Japan, the world’s largest LNG consumer, raised its imports in October by 3.7 percent year-on-year. The East Asian island country imported 6.28 million mt of LNG in October, as compared to 6.06 million mt last year, according to the provisional data released by Japan’s Ministry of Finance. The data
India’s LNG imports continue to rise
India’s imports of liquefied natural gas (LNG) increased 18.6 percent in October as compared to the same month a year ago, according to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC). The country imported 2,262 million metric standard cubic metres (mmscm) of LNG in October,
MSI: Dry Bulk Market Heading Into a Firm Festive Season
After a steady fall in average daily TCE spot earnings in October, November saw an inflection point for Capesizes as the dry bulk market is sailing into a firm festive season, swiftly followed by a New Year comedown, according to research and consultancy firm Maritime Strategies International (MSI).
FPSO Armada Kraken to sail away for North Sea soon
EnQuest, a UK-based E&P company, has informed that the FPSO unit meant for the Kraken field development will sail away from Singapore to its North Sea location ‘in the coming days’. The harsh-environment floating, production, storage and offloading (FPSO) vessel Armada Kraken, named in August 2016,
Planys Technologies Introduces Its New ROV
IIT Madras alumni and faculty-founded designer and manufacturer of remotely operated vehicles (ROVs) and provider of underwater robotic inspection and survey services, Planys Technologies, has launched its second ROV. Named Beluga, the ROV has, reportedly, more than double the thrust capacity compar
Centrica, Tokyo Gas agree LNG cooperation
UK’s Centrica signed a memorandum of understanding with Tokyo Gas of Japan to cooperate on liquefied natural gas activities.
Anhui Power to sell LNG to Beijing Luyuanda
Anhui Power Energy, a unit of Blue Sky Power Holding, has signed an LNG sale and purchase agreement with Beijing Gas Lu Yuan Da Clean Fuel Company, an associate of Beijing Gas.
Readers’ Picks of the Week (November 14 – 18, 2016)
Readers’ Picks of the Week (November 14 – 18, 2016)
Popular news, November 14 – 20, 2016
Read this week’s most popular offshore industry news roundup on Offshore Energy Today
Top News of the Week, 14 – 20 November 2016
Iemants and Jan De Nul Win Kriegers Flak OSS Foundations Work Energinet.dk and 50Hertz Transmission GmbH have awarded Iemants and Jan De Nul Group with a contract to construct, install, ballast and protect gravity based foundations (GBFs) for two offshore substations. ABB Unveils Lightweight, AC Pla