Far East
News
April 05, 2017
DSME and DNV GL presented the results of a joint development project (JDP) for the design of an innovative, efficient LNG carrier based on today’s technology, at the Gastech 2017 conference in Tokyo, Japan.
News
March 09, 2017
More Asian LNG buyers are trying to avoid taking the U.S. supplies they signed up for just a few years ago in order to cut shipping costs.
News
March 08, 2017
One of Japan’s largest companies, the general trading giant and business developer Mitsui & Co., has underlined the importance of a stable liquefied natural gas supply in order to fulfil future energy demand in Japan.
News
March 01, 2017
Following two years of successful operations, iSURVEY Pte Ltd, Singapore, has again been awarded a marine construction survey support contract with Solstad Offshore Asia-Pacific for works onboard the DLB Norce Endeavour.
News
February 17, 2017
The biggest oil producers in the Middle East are helping crude from Western Siberia boldly go where it’s rarely gone before.
News
February 16, 2017
Japanese gas consumption hit record levels in January. Tokyo Gas reported that usage in the capital city reached over 60 MMcmg.
News
February 06, 2017
Singapore is considering a range of measures to lure a listing from energy giant Saudi Arabian Oil Co., according to people familiar with the matter, as global exchanges compete for a slice of what could be the world’s largest-ever initial public offering.
News
November 08, 2015
Oil demand will soon reflect the “attractiveness” of the current level of crude prices, and Asia will be a vital engine of economic expansion for decades, Saudi Oil Minister Ali al-Naimi said. OPEC’s chief joined him in seeing Asia as the main hub for growth.
News
September 22, 2015
The slump in LNG prices still has further to go, even after a plunge of 60% from last year’s peak, according to FGE, an energy consultant.
News
September 08, 2015
Crude jumped almost 4% in less than two hours in London as a late-day surge in Shanghai stocks spurs investor optimism across global markets.
News
September 04, 2015
Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam.
News
September 04, 2015
OAO Rosneft will sell a stake in one of its largest oil-producing projects to ONGC Videsh Ltd., the overseas-investment arm of India’s biggest explorer, for $1.27 billion, people familiar with the plan said.
News
August 17, 2015
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam.
News
July 24, 2015
China repeated a call Friday for talks with Japan over joint development of gas and oil resources in contested waters in the East China Sea.
News
July 22, 2015
Japan’s foreign ministry unveiled a map and photographs of what it said were 16 Chinese marine platforms close to Japan’s side of the disputed East China Sea.
News
May 20, 2015
British Columbia and a group of companies led by Malaysia’s Petroliam Nasional Bhd. reached a preliminary deal on taxes and royalties for a proposed C$36 billion ($30 billion) liquefied natural gas project.
News
May 19, 2015
The U.S. is about to change the global LNG market forever.
When the first tanker carrying LNG from shale fields leaves the Sabine Pass terminal in Louisiana in December, it will turn consumers into traders with more bargaining power. That will transform a market dominated by long-term contracts into one where spot trading gains prominence, similar to crude oil.
Since the first LNG cargo went to the U.K. from Algeria under a long-term contract in 1964, buyers opted for guaranteed supply, because the fuel was scarce. That’s changing, because gas from the Eagle Ford and other plays will transform the U.S. into the third-biggest exporter by 2020.
News
May 05, 2015
LAFAYETTE, La. -- Gauthiers’ has acquired an equity share of Modex, an international manufacturer of DNV-certified offshore equipment.
