(EnergyAsia, February 1) — Cosco Corporation Singapore Limited said that its 51% owned subsidiary, Cosco Shipyard Group, has signed a contract with Marine Accurate Well ASA (Maracc) to build a GM4000 semi-submersible vessel designed for well intervention services. The contract is valued at US$200 million. Work on the vessel will start on March 31...
(EnergyAsia, February 1) — Thai state upstream company PTT Exploration and Production Public Company Limited (PTTEP) reported net income of 28,047 million baht or earnings per share of 8.55 baht last year compared with net income of 23,735 million baht or earnings per share of 7.26 baht in 2005. (US$1=37 baht). PTTEP and its...
(EnergyAsia, February 1) — Two Singapore companies, Rotary Engineering and OKP Holdings, said they have formed a joint venture to undertake civil engineering projects in the local oil and gas industry. OKP is the senior partner in the S$1 million 55/45 venture, OKP (Oil & Gas) Infrastructure Pte Ltd. (US$1=S$1.54). Mainboard-listed Rotary is...
(EnergyAsia, February 1) — French engineering giant Technip said it has been awarded a lump sum turnkey contract worth approximately $610 million by Abu Dhabi Gas Liquefaction Limited (ADGAS) to build gas compression plants and associated facilities on Das Island, United Arab Emirates. The contract will be executed by Technip’s operations and engineering center...
(EnergyAsia, February 1) — A leading provider of software solutions for the energy industry, is seeking to fill the following positions in its Singapore office: Services Director (Energy / IT Company), Energy Software Consultant, and Business Development Analyst (Energy / IT Company). Interested candidates should send their CV to Lisa Williamson at lisa@bryantwilliamson.com, or...
(EnergyAsia, February 1) — Nasdaq-listed Amtech Systems Inc, a global supplier of production and automation systems and related supplies for the semiconductor, solar cell, silicon wafer, said it has landed new orders totaling approximately $3.5 million for thermal processing and automation systems from the solar cell industry. The orders are from Asian-based customers, including $2.5...
(EnergyAsia, February 1) — Canada’s Sea NG Corp said it, Japan’s Marubeni Corp and Teekay Shipping Corp have formed a strategic alliance to deploy Sea NG’s Coselle(TM) system for transporting compressed natural gas (CNG) by ship. The Coselle(TM) ship is the only marine vessel fully approved by any international marine classification society to transport CNG....