South & Central Asia
VIDEO: Kreuz Subsea launches newbuild DSV
Singapore-based Kreuz Subsea, a provider of integrated offshore subsea services, has launched its newbuild diving support vessel (DSV), the Kreuz Challenger, that is being built by the Norwegian shipbuilder Vard. The Kreuz Challenger was named earlier in September. It is scheduled for delivery from
Ophir restarts Bualuang field production
Production has resumed from the Bualuang field in the Gulf of Thailand, following a 10-day shutdown. Ophir Energy, the operator of the field, said that production was restarted on September 2, after a completion of the final tie-in work of a water debottlenecking project. “This was a highly complex
India’s oil minister courts investors in London
India’s oil and gas minister Dhamendra Pradhan is in London, hoping to find interested oil firms to invest in the country’s oil and gas sector through participation in the recently announced Discovered Small Fields Bidding Round – 2016. Speaking at the road-show in London on Monday, he said that the
SMD to Deliver ROV Package to Shanghai Salvage
Shanghai Salvage Company (also known as China Offshore Engineering Shanghai) has signed an order with SMD for a Quasar MKII 6000m remotely operated vehicle (ROV). Scheduled for delivery in the first half of 2017, the system should include a full suite of equipment suitable for both deep sea salvage
Construction kicks off on Saga LNG’s 45,000-cbm carrier
China Merchants Heavy Industry’s Jiangsu shipyard held a steel cutting ceremony on Sunday, September 11, marking the start of construction of Saga LNG’s ABS-classed LNG carrier with 45,000 cubic meters of storage capacity.
Tokyo Gas gets first Gorgon LNG cargo
Japan’s utility Tokyo Gas received its first shipment of liquefied natural gas produced by the Chevron-operated $54 billion Gorgon LNG project in Western Australia. LNG tanker Energy Confidence carrying about 70,000 tonnes of LNG docked on Saturday at the Tokyo Gas Ohgishima LNG terminal in Yokohama
CNOOC: Production starts from South China Sea field
Chinese oil company CNOOC Limited has informed that the Weizhou 6-9/6-10 comprehensive adjustment project in the South China Sea has started production. The Weizhou 6-9/6-10 oilfield is located in Beibu Gulf in the South China Sea with an average water depth of approximately 35 meters. In addition t
EIA: Japan’s electricity price up despite drop in LNG, coal price
The average retail electricity price in Japan rose for four consecutive fiscal years (2011–14), despite a decline in the price of imported coal and liquefied natural gas.
Drewry: Terminal Operators Opt for M&A Activity
Global container terminal operators have taken their foot off the pedal when it comes to greenfield projects, carriers especially so, and are instead looking for growth, risk mitigation and opportunities through M&A activity, according to shipping consultancy Drewry. The change of gear and strategie
Subsea in August
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. Allseas’ single-lift installation / decommissioning and pipelay vessel “Pioneering Spirit” was in the spotlight last month having executed its maiden heavy lift p
Parker Bestobell cryogenic valves get KR type approval
Parker Bestobell, part of Parker Hannifin said it has secured full type approval from the Korean Register of Shipping (KR) for its range of cryogenic globe and check valves for use on ships.
Jiangsu Ocean Orders Three Boxships from Yangzijiang
China’s shipowner Jiangsu Ocean Shipping has ordered three 1,900 TEU containerships from its compatriot shipbuilder Jiangsu New Yangzijiang Shipbuilding. Under the contract, signed earlier in September, the vessels are expected to join their owner starting from December 2017 to February 2018. The sh