News

  • Insurance Jottings

    Laura churns across US$56 billion offshore energy assets: Skytek Hurricane Laura’s path to a US landfall has taken it through an area that has 533 offshore energy assets with estimated exposed value of US$54 billion, as well as 81 windfarms with estimated exposed value of…

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  • Malaysian firm to take full control of North Sea operator

    Malaysia’s DNeX has entered into a head of agreement (HoA) with Ping Petroleum to make an offer to acquire the remaining equity interest in Ping not currently owned by DNeX.   Ping Petroleum is an upstream company focused on shallow-water offshore production and development opportunities…

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  • First topsides module in place for offshore Israel FPSO

    The first topsides module has been lifted onto the FPSO Energean Power hull at Sembcorp Marine’s Admiralty Yard in Singapore.   According to Energean, which will use the vessel to initially produce gas from the Karish field offshore Israel, the 850-metric ton (937-ton) electrical house…

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  • Australia to release new areas for offshore exploration

    The Australian government has announced the release of 42 new areas for petroleum exploration in Commonwealth waters. The bulk are offshore northern Australia with three offshore Victoria.   Federal Minister for Resources, Water and Northern Australia, Keith Pitt, said about 100,000 square kilometres has been…

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  • New Breed of Refineries Emerging in Asia

    As the age of the hydrocarbon enters its final era, the action increasingly moves to Asia and plastics take centre stage.   With demand for transport fuels set to tail off in the years ahead, a new breed of processing plants is sprouting up across…

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  • KrisEnergy’s Apsara platform on its way to Gulf of Thailand

    KrisEnergy’s minimum facilities wellhead platform (Mini-Platform) for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.   Fabrication of the Mini-Platform for Cambodia’s maiden oil…

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  • Solar Power Finds Ripe New Market in Crop Protection

    Which solar panel works best with which crop? The answer to that question is being sought in hundreds of farms around the world.   The fusion of agriculture and solar – where elevated panels shelter crops beneath – can be seen in two ways: it…

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