Wärtsilä will provide extensive technical support and advisory services for Singapore-based large cutter dredger Cassiopeia V. The five-year technical management agreement includes dynamic maintenance planning (DMP) and is complemented by…
Flexible Engineered Solutions International (FES), a supplier of fluid transfer systems to the oil and gas offshore industry, has developed the CALM Buoy Swivel for a major manufacturer of marine equipment, based in China. The CALM Buoy Swivel…
Chevron has canceled a US$1.8 billion floating production and storage offloading (FPSO) newbuild order with Hyundai Heavy Industries (HHI) that was destined for the supermajor’s Rosebank deepwater project in the North Sea. Illustration of the FPSO…
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corp. (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with…
RINA Indonesia, in consortium with PT Depriwangga, has been awarded a contract by Chevron Indonesia to provide QA/QC inspection services as part of the offshore Bangka Field development project. The Bangka Field is located approximately…
DSME and Kongsberg Maritime entered into joint development agreement (JDA) to develop a new liquefied natural gas (LNG) floating storage and regasification unit (FSRU) control system Image of Wean…
Henry Woo is to head up the Asia-Pacific (APAC) division at Hansa Heavy Lift, taking over from Joerg Roehl. Woo, who will be based at the shipping line’s Asia headquarters in Singapore, has two decades of experience in the supply chain and shipping industry…
Malaysia-based Petronas has hit a milestone with its PFLNG SATU last week, as the unit produced its first drop of liquefied natural gas (LNG) from the Kanowit gas field, offshore Sarawak. The PFLNG SATU…
Manila’s Asian Development Bank (ADB) is investing US$1 billion in the expansion of the BP-led Shah Deniz II project, offshore Azerbaijan in the Caspian Sea. Welding of Shah Deniz II jackets being fabricated at BDJF…
Mitra Energy has changed its name to Jadestone Energy, effective immediately. 'We are moving in a new direction and we want to be defined by our actions in the years ahead rather than by the past,” said Paul Blakeley, executive chairman…
Mermaid Maritime canceled a contract for the Mermaid Ausana, a DP2 dive support and construction vessel, with China Merchants Industry Holdings that the company ordered on 9 January 2014. Image of the Mermaid Endurer…
Höegh LNG inked a letter of intent (LOI) with Samsung Heavy Industries (SHI) in South Korea for one firm and three optional floating storage regasification units (FSRU). The 170,000 cu m FSRUs have regasification capacity of 750 MMcf/d and full trading capabilities…
Fugro has decided to no longer pursue the divestment of its subsea services business in Asia Pacific to Shelf Subsea. On 4 August 2016, Fugro announced that it had signed an agreement for the sale of its subsea services business in Asia Pacific to Shelf Subsea…
Offshore Wind Consultants Ltd. (OWC) has been appointed by a Taiwanese renewables company to provide consultancy services related to wind turbine installation vessels and their suitability for different wind turbines and site locations offshore Taiwan…
Renco Elang Energy is set to spud the Amanah Timur-1 exploration well in the South Block A PSC, in the North Sumatra basin of Indonesia. Assuming satisfactory rig inspection by government officials, the well is currently scheduled to spud on 5 December…