Archive | December, 2009

TURKMENISTAN: New pipeline to China weakens Russia’s grip on region’s gas exports

(EnergyAsia, December 31, Thursday) — Turkmenistan has launched a new 1,833-km pipeline to export natural gas to China that at the same time ends Russia’s grip on the livelihood of Central Asia’s main natural gas producers.   The pipeline has the capacity to carry between 30 billion and 40 billion cubic metres (bcm) of natural […]

Continue Reading 0

INDIA: Kakinada Seaports, Singapore’s Sembcorp Marine to jointly establish marine and offshore facil

(EnergyAsia, December 31, Thursday) — Sembawang Shipyard, a wholly-owned subsidiary of Singapore’s Sembcorp Marine, and India’s Kakinada Seaports Limited have agreed to jointly form Sembmarine Kakinada Ltd (SKL) to establish and operate a marine and offshore facility catering to offshore drilling units and merchant vessels trading or operating in Indian waters. Sembawang Shipyard will hold […]

Continue Reading 0

SINGAPORE: Keppel FELS caps 2009 with record 13 rig deliveries

(EnergyAsia, December 31, Thursday) — Singapore’s Keppel FELS Limited said it has delivered a record number of 13 rigs, all within budget and on time, in 2009. For its performance deliveries of eight jackup rigs, four semisubmersible and one semisubmersible drilling tender rigs, customers rewarded the company with a S$2 million bonus. (US$1=S$1.4). Wong Kok […]

Continue Reading 0

VIETNAM: Singapore companies make further inroads into E&P support business

(EnergyAsia, December 31, Thursday) — The following is a series of recent announcements made by Singapore-listed companies, Technics Oil and Gas, Federal International (2000), Sembcorp Marine and EOC Limited, providing equipment and services to the upstream oil and gas industry in Vietnam. Technics Oil and Gas Ltd said it has secured its 11th contract since […]

Continue Reading 0

CHINA: Sinopec’s overseas crude oil output reached 17 million tonnes last year

(EnergyAsia, December 31, Thursday) — State-owned China Petroleum and Chemical Corporation (Sinopec) expects its overseas crude oil output to have reached 17 million tonnes last year, thanks to a late boost from its US$7.9 billion acquisition of Geneva-based Addax Petroleum  Corp in August. Addax, which owns and operates proven oil fields in Iraq’s Kurdistan and […]

Continue Reading 0

SINGAPORE: Linde Gas starts up S$25 million carbon dioxide plant on Jurong Island

(EnergyAsia, December 31, Thursday) — Linde Gas Singapore Pte Ltd, a subsidiary of German’s Linde Gas, has started up its new S$25 million carbon dioxide (CO2) plant on Jurong Island in Singapore. (US$1=S$1.4). The plant produces approximately 100 tons per day of liquid carbon dioxide to double the local production capacity, making Linde the largest […]

Continue Reading 0

SINGAPORE: Senoko Power launched second stage of repowering project

(EnergyAsia, December 30, Wednesday) –– Singapore’s Senoko Power said a Japanese consortium has started work on the second stage of a repowering project according to an engineering, production and construction (EPC) contract awarded in September last year. The consortium, comprising Mitsubishi Corporation, Mitsubishi Heavy Industries and Hitachi Asia, will begin onsite work to convert three […]

Continue Reading 0

SINGAPORE: KS Energy consolidating its businesses into KS Distribution

(EnergyAsia, December 30, Wednesday) — Singapore-listed oil and gas services provider KS Energy Services has decided to undertake the overdue consolidation of its distribution businesses into a new $320 million entity called KS Distribution. (US$1=S$1.4). KS Energy will acquire the shares of 54.1%-owned subsidiary, Aqua-Terra Supply Co (ATS), and associate, SSH Corporation (SSH), with the […]

Continue Reading 0

INDIA: Think tank downsizes domestic coal reserves to 45 years from 200 years

(EnergyAsia, December 30, Wednesday) — A leading Indian think tank said the country has only 45 years of commercially exploitable coal reserves, not 200 years as widely assumed by the government and the industry. In a report on India’s energy security, The Energy and Resources Institute (TERI) of New Delhi downgraded the country’s coal reserves […]

Continue Reading 0

Developed by Bowtie