Southeast Asia-focused oil and gas company KrisEnergy Apsara Co signed a conditional letter of award with PT Profab for the supply of a minimum facilities wellhead “mini-platform” for the Apsara oilfield – Cambodia’s maiden oil development.According to a press note from the Singapore-based parent company KrisEnergy, the scope of work covers key procurement
As demand for energy transportation, especially liquefied natural gas (LNG), is expected to increase in Indonesia, NYK and PT Pertamina International Shipping (PIS), a wholly owned subsidiary of PT Pertamina (Persero) agreed to a memorandum of understanding (MoU) for energy transportation.
Wintermar announced on Monday it has secured contracts for two platform supply vessels (PSVs) to a major oil and gas company for a total of seven years including options.The PSVs will provide deck and cargo supply runs to support the drilling operations in Eastern Indonesia.Sugiman Layanto, Managing Director of PT Wintermar Offshore Marine Tbk said
Global small-scale LNG market is expected to rise from its initial estimated value of USD 29.31 billion in 2018 to an estimated value of USD 49.66 billion by 2026, registering a CAGR of 6.81% in the forecast period of 2019-2026.Increasing demand for the LNG is the major factor for the growth of this market, said Data Bridge Market Research.
Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1,300 TEU each and sail with an average crew of 15. The reason for the change to PTS was the high level of digitalisation and improved transparency on actual costs incurred.
Marine engineering specialist OSD-IMT will supply three shallow-draft tugs to operate along the Barito river in the South Kalimantan area of Indonesia.OSD-IMT announced the new contract for at least three OSD-IMT7402 shallow draft tugs for PT Patria Maritim Perkasa (subsidiary of PT United Tractors Pandu Engineering) shipyard in Batam, Indonesia.
Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited, a unit of Eni in the Kutei basin production sharing contracts (PSC) offshore Indonesia.According to a press release from the Italian multinational oil and gas company
Kalmar, the provider of cargo-handling solutions and services to ports, has signed a contract with Cikarang Dry Port, for the delivery of the first Kalmar Eco Reachstacker in Indonesia. Kalmar is part of Cargotec group.The order was booked into Cargotec’s 2019 second quarter order intake and scheduled for delivery in July of 2019.
Shell Marine has provided clear evidence of the cost savings available when a customer chooses its medium-speed engine oil Shell Gadinia, after PT Indo Container Line (ICON Line) confirmed that reduced lubricant consumption led to longer oil-drain intervals and costs down by 58%.Calculations made immediately after comparative trials for the Indonesian shipping line showed that a 58% cut in
Malaysian integrated oil and gas services company Sapura Energy Berhad has been awarded five new contracts valued at approximately RM1.3 billion ($US311 million).All five contracts have been awarded to the Sapura’s wholly owned subsidiaries, with works to take place in Malaysia, Indonesia, Australia and the Gulf of Suez.
Taiwanese shipping company Yang Ming Marine Transport Corp. will form a new subsidiary with partners in Jakarta Indonesia named PT Yang Ming Shipping Indonesia Today (16th May 2019).PT Yang Ming Shipping Indonesia will have branch offices at Surabaya, Panjang, and Palembang. The company has nominated Benson Chou as President Director for the first term.
Dutch dredging and heavylift company Royal Boskalis Westminster has been awarded two dredging contracts in Indonesia.On the island of Sulawesi, Boskalis will expand the Makassar New Port container terminal and on the island of Java it will prepare land for a new petrochemical complex.