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Oil Consumption Tracking is All About Asia

Dec 12, 2019

Oil market analysts must make sense of a bewildering array of statistics about production, consumption and inventories, compiled and published with varying definitions and degrees of accuracy and timeliness.The challenge is to form an accurate and nuanced picture of the whole market capable of generating useful forecasts, without becoming lost in the insignificant details.The World Bank identifies around 200 economies in the world…

China Can't Meet Its US Energy Commitments

Jan 21, 2020

The more you delve into the details of China's commitment to buy an additional $52.4 billion in U.S. energy over the next two years, the more it becomes apparent the goal is unachievable, even with the best will in the world.As part of the 'Phase 1' trade truce between Beijing and Washington…

Keppel working on 3D-Printed Offshore Grade Steel

Jan 15, 2020

Singapore-based offshore rig builder Keppel O&M is working on a system that will enable it to 3D print offshore grade materials, to speed up production and lower cost. The company has teamed up with local university and research and technology…

Replacement Turret for Lufeng FSO Completed

Jan 10, 2020

SOFEC said it has loaded out of the replacement turret for the floating storage and offloading unit (FSO) HYSY121 at the Lufeng field, in the South China Sea.The construction was completed at Penglai Jutal Offshore Engineering Heavy Industries Co…

Thunder Cranes Wins Chevron Contract

Nov 20, 2019

The Thunder Cranes Group said it has secured a contract to support Chevron on a three-year plug and abandonment project in the Gulf of Thailand that will include some 3,000 wells.The multimillion-dollar contract will see Thunder Cranes add a further three brand new TC90XL cranes to its fleet…

Into a New Era of Organizational Memory

Oct 29, 2019

Jim Stuart, SVP Digital at Lloyd’s Register, outlines current and future challenges for asset owners and operators in the energy and marine industries across Asia-Pacific (APAC) and how technology will change the way knowledge is captured, stored and used across organizations for the better…

SAExploration Wins AsiaPac Deal

Sep 29, 2019

Houston-based  global seismic services company SAExploration has won a a new shallow-water ocean-bottom marine project in the Asia Pacific region for a major national oil company.According to a press note from the ocean bottom node seismic company the contract is valued at approximately $28 million…

Giant Offshore Turbine to be Blown Up

Sep 16, 2019

Ireland-based SSE Renewables, a renewable energy subsidiary of Airtricity, is set to conclude decommissioning of the Hunterston National Offshore Wind Turbine Testing Facility (NOWTTF) by blowing up in a controlled explosion.The 177m-high (580ft)…

Shore Power Market to Reach $2.7Bln by 2024

Sep 13, 2019

The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry…

DNV GL's Probabilistic Digital Twin Launch

Sep 05, 2019

DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service…

ADNOC Logistics Joins LNG MFI

Aug 28, 2019

The LNG Marine Fuel Institute, a non for profit organization based in Perth,  announced the membership of ADNOC Logistics & Services with the growing coalition of companies committed to Australian LNG is the primary marine fuel in transition to carbon free shipping…

Port of Johnstown to Receive 12 Shiploads of Wind Turbines

Aug 26, 2019

The Port of Johnstown will be a busy port over the next several months as vessels are delivering ENERCON turbine components for the Nation Rise Wind Farm project.The cargo represents a major business win for the Port, which completed a multi…

MPI Offshore Begins Blade Repair Work

Aug 26, 2019

Offshore installation vessel MPI Resolution has started a blade repair and upgrade campaign at the Princess Amalia offshore wind farm in the Netherlands.MPI Offshore, a subsidiary of Van Oord, has been contracted to repair and upgrade all of…

China Develops 10MW Offshore Wind Turbine

Aug 23, 2019

China’s Dongfang Electric Corp. (DEC) has unveiled  what it claims will be the country’s first 10MW offshore wind turbine after successfully developing a direct-drive permanent-magnet generator (PMG) for the super-sized machine.The company reported…

Triton Knoll Selects Seacat for OESV

Aug 22, 2019

Offshore energy support vessel (OESV) operator Seacat Services signed a  deal to support the construction phase of Triton Knoll offshore wind farm.The contract, which includes options for further vessel charters, will initially see two Seacat…

Current News

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Pacific Radiance Eyeing New Loan Source

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Bumi Armada Loses Woodside FPSO Case

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Chevron to Ditch Indonesian Deepwater Development Stake?

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Keppel O&M Turns Profitable in 2019

Keppel O&M Turns Profitable in 2019

Aramco Sells LNG Cargo to S-Oil

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