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Exploration & Production, Project & Tenders
Marine seismic player Polarcus has received letter of award to provide 3D seismic data acquisition services in Asia Pacific. The deal follows recent memorandum of agreement with Somcomflot subsidiary for 4D marine seismic acquisition services in the Far East. According to the Oslo-listed firm, the APAC project has an expected duration of two and a […]
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Business developments & projects, Operations & Maintenance, Vessels
Norwegian vessel owner Solstad Offshore has been awarded a contract with a large international contractor for the CSVs Normand Navigator, Normand Frontier and Normand Australis.
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Business developments & projects, Operations & Maintenance, Project & Tenders
Subsea trenching and excavation specialist Rotech Subsea has secured work on major projects in Taiwan and Australia.
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Oceanteam has won a contract for the transport and rental of a 2000T carousel spread for umbilical installation in Asia. The mobilisation and departure from Oceanteam’s Velsen yard will take place in December 2020. The delivery of the equipment should be in mid-January 2021 in Shenzhen, China, for umbilical installation during Q1 2021. Oceanteam will […]
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Business developments & projects, Collaboration, Innovation, Outlook & strategy, Research & Development, Technology
Carnegie Clean Energy has signed a memorandum of understanding with Oceantera to explore renewable energy opportunities of mutual interest in Southeast Asia region.
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Equipment, Operations & Maintenance, Technology
Forum Energy Technologies has won a specialist subsea equipment supply order for a cable maintenance project in South East Asia. The contract landed through Forum’s local representatives. It will see the company deploy a Perry XT500 trenching system and Dynacon launch and recovery system. The order also includes associated surface power and control installations. Specifically, […]
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Infrastructure, Safety, Vessels
There were a total of 170 ships broken in the third quarter of 2020. Of these, 65% or 110 ships were sold to the beaches of South Asia, according to the latest quarterly report released by the NGO Shipbreaking Platform.
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Business & Finance, Business developments & projects, Vessels
An analysis by Norwegian energy intelligence firm Rystad Energy shows that Chinese yards will outcompete Asian rivals on costs in an expected rebound in offshore oil and gas spending from 2021.
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Authorities & Government, Environment, Regulation & policy, Safety, Vessels
Environmental organizations are warning that the European Union’s legislation allowing the export of toxic ships to developing countries violates the union members’ obligations under the Basel Convention and is in contradiction with the Green Deal. The Basel Convention is an international treaty designed to reduce the movements of hazardous waste between nations, and prevent the […]
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Operations & Maintenance, Project & Tenders
Oslo-listed DOF Subsea has secured two contracts in the Asia Pacific region, securing backlog for the onshore team and offshore fleet. The first project involves saturation diving campaign. It will see the vessel Skandi Singapore deployed for 3 to 4 weeks, starting early Q4 2020. The second award is for onshore preparation and planning for […]
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Business & Finance, Business developments & projects
Offshore drilling contractor Seadrill has bought from Mermaid Maritime the minority holding of the share capital of Asia Offshore Drilling (AOD).
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Business developments & projects, Collaboration, Technology
Germany’s engine manufacturer MAN Energy Solutions and Malaysian integrated energy group Wasco Energy have signed a memorandum of understanding (MOU) to promote and commercialize Power-to-X (PtX) projects in South-East Asia.
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Ocean Power Technologies (OPT) has welcomed Gilar Prakoso to the OPT commercial team as Asia-Pacific representative, based in Jakarta, Indonesia. “The Asia-Pacific region presents significant opportunities for OPT’s power and communications solutions among nations concerned with maritime border enforcement and safeguarding vast oceanic resources,” said George H. Kirby, president and chief executive officer of OPT. “Gilar’s fluency with local […]
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McMenon Engineering Services has appointed Bipin Nair, who has over 20 years’ industry experience, as regional general manager for the Middle East and Asia-Pacific regions. He was previously with Wika Group in the Middle East for ten years, rising to the position of regional marketing manager. Bipin has been tasked with communicating McMenon’s product quality, […]
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Exploration & Production, Project & Tenders
Marine seismic player Polarcus has received a letter of intent for 3D seismic data acquisition services in Asia Pacific. The project should commence in the third quarter 2020, subject to relevant approvals. According to the Oslo-listed firm, the acquisition campaign will have a duration of one month. The client as well as financial details have […]
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Business developments & projects, Collaboration, Infrastructure, Innovation, IT & Software, Ports & Logistics
Earlier this month, digital freight forwarder Shipwaves and SAGT, the first public private partnership (PPP) container terminal in Sri Lanka, joined TradeLens, a blockchain-based digital container logistics platform jointly developed by A.P. Moller – Maersk and IBM.
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Authorities & Government, Business developments & projects, Infrastructure, Technology
The Republic of Cyprus has recently issued the final building permit for EuroAsia Interconnector between Israel, Cyprus and Greece (Crete). Specifically, the relevant permit provides the green light for the construction of the HVDC converter station in Cyprus. In March this year, EuroAsia Interconnector Limited picked Siemens as the main candidate for the job. Cyprus […]
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Infrastructure, Safety, Vessels
Asian waters accounted for a third of large vessels lost at sea globally last year, even as large shipping losses are at a record low having fallen by over 20 per cent year-on-year, according to Allianz.
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Business & Finance, Project & Tenders
Polarcus has entered into a contract with Eni for 3D seismic data acquisition services in Asia Pacific. The project will have an expected minimum duration of one month. The project is scheduled to start in Q1 2021, subject to relevant approvals. The company did not reveal the value of the contract nor the name of […]
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Authorities & Government, Human Capital, Regulation & policy
The Philippines opened the first “green lane” for seafarers in Asia to allow the free movement of seafarers and personnel across borders, helping alleviate the crew change crisis that has left hundreds of seafarers stranded at sea. The repatriation of crews is being faciliatetd by the signing of a Joint Circular, an effort led by […]
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Asia Direct Cable (ADC) consortium has started building a submarine cable connecting China (Hong Kong SAR and Guangdong Province), Japan, the Philippines, Singapore, Thailand and Vietnam. The consortium has selected NEC Corporation to construct the 9,400-kilometre long ADC cable, which is expected to be completed by the fourth quarter of 2022. The cable will feature […]
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Infrastructure, Safety, Vessels
Asia is seeing an increase in incidents of piracy and armed robbery against ships, according to a recent monthly report published by ReCAAP. The abduction of crew for ransom in the regional waters also remains a serious concern.
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Polarcus has received a contract for an XArray marine seismic acquisition project in Asia Pacific. The acquisition is expected to begin in June 2020. The work will have a duration of approximately one month, Polarcus said. The company did not reveal the name of the client, nor the value of the contract. Polarcus XArray is […]
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Longitude Engineering has backed LS Cables & Systems for the installation of two HVAC power cable systems in South East Asia. Longitude is the engineering & design consulting arm of marine and engineering consulting firm LOC Group. Under the deal, Longitude provided interconnector cables installation analysis, as well as design and engineer operation and mobilisation […]
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The strict lockdown measures across South Asia aimed at curbing the COVID-19 pandemic have also shut down the shipbreaking facilities in India, Bangladesh, and Pakistan. The worst hit by the lockdown measures are migrant workers who became stuck away from home still pending their March salaries and some even deprived of access to food, according […]
