Asia
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Dyna-Mac secures S$50m in new orders
Singapore: Dyna-Mac Holdings, an engineering services provider to the oil and gas industry, has announced that the group has secured…
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Bintulu Port to invest $123m to enhance facilities
Kuala Lumpur: Bintulu Port Holding is going to invest $123m in the next three years to enhance its container and…
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Manila truck ban continues to divide opinion
Manila: The daytime truck ban in Manila has been suspended from today through to May 20 as the country gears…
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Lampung FSRU to start operating in July
Jakarta: State-owned gas distributor PT Perusahaan Gas Negara (PGN) will start operating its floating storage and regasification unit (FSRU) in…
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Rig deployment sparks massive protest in Hanoi
Hanoi: China’s decision to move a rig into contested waters with Vietnam sparked the largest ever anti-China demonstrations in Hanoi…
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Bad weather hits palm oil production
Jakarta: Chemical tanker owners in the region are bracing themselves for a possible cut back in palm oil exports as…
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Otto Marine issues profit warning
Singapore: Singapore-listed Otto Marine has issued a profit warning to investors as it expects to post a loss for the…
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Calls to slash turnaround times at Tanjung Perak
Jakarta: A state-run port operator has been hauled up for its tardy turnaround times at one of its ports. Ships…
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KS Drilling discusses sale of rig pair to ICBC
Shanghai: ICBC Financial Leasing is in negotiations to acquire a pair of jack-up rigs that are under construction for Singapore’s…
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ASL bolsters yards
Singapore: Singapore’s ASL Marine Holdings has moved to strengthen its portfolio of shipyards. The company has paid $20m to take…
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Charter win for Perisai Offshore
Kuala Lumpur: Perisai Petroleum Teknologi’s 51% subsidiary Perisai Offshore has won a three-year charter deal from Petronas Carigali for its…
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Norshore bags Sabah drilling contract from Shell
Kuala Lumpur: Norwegian drilling contractor Norshore announced that it has entered into a firm contract with Sabah Shell Petroleum Company…
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Sea Consortium takes 4,000 teu ship on short-term charter
Singapore: New York-listed Global Ship Lease has chartered its 1996-built, 4,113 teu vessel, Ville d'Aquarius, to Singapore’s Sea Consortium, doing…
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Rig contract for Ezion
Singapore: Ezion Holdings has secured a charter contract with a value of approximately $63.9m over a five-year period to provide…
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KrisEnergy secures Thai concession
Singapore: KrisEnergy, an independent upstream oil and gas company, has received approval to acquire a 30% working interest and operatorship…
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Subsea installation business sets up in Singapore
Singapore: Deep Sea Mooring (DSM), a supplier of mooring solutions and services for the offshore industry, has launched a new,…
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Death sentences upheld for former Vinalines chairman and ceo
Hanoi: The Supreme People’s Court in Hanoi on Wednesday upheld the death sentences for Duong Chi Dung, ex-chairman of the…
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New exploration firm opens in Lion Republic
Singapore: AziPac, a new exploration and production company focused on exploring for oil and gas in the maritime basins offshore…
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PSA finally gets Mumbai concession
Singapore: It’s taken a couple of years longer than expected but PSA International has finally won a concession to build…
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Jakarta moves to limit foreign ownership in local oil sector
Jakarta: Trying to give domestic firms greater opportunities, Indonesia has introduced new regulations restricting foreign investment in drilling, maintenance and…
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