By Rasheedah Mahfuz (EnergyAsia, July 4, Friday) — Penguin Marine Offshore Services Pte Ltd (PMOS), a wholly-owned subsidiary of Singapore’s Penguin International Limited, said it has been awarded a logistics management contract to support the development of ‘The World’ islands project in Dubai. The contract, with the potential to generate revenues of US$200 million (more…)
(EnergyAsia, July 4, Friday) — ‘Infrastructure Security in Oil and Gas 2008’ will be held in Kuala Lumpur, Malaysia from August 12 to 13. The security and availability of oil is critical as it directly affects the world’s economic, political and social stability. Topics addressed include regulations governing energy infrastructure security, vulnerability assessment methodology, effective (more…)
(EnergyAsia, July 4, Friday) — US-based EcoloCap Solutions said it has signed an agreement that will help Vietnam reduce 3.1 million tons of greenhouse gas emissions through carbon credits trade under the Clean Development Mechanisms of the Kyoto Protocol involving five hydro power projects. EcoloCap said it is participating in the development of the projects...
(EnergyAsia, July 4, Friday) — For the second time in successive week, Keppel Verolme BV, the Dutch shipyard subsidiary of Singapore’s Keppel Corp, has been hit by problems with a customer in Norway Keppel said it has been notified by Norway’s MPU Offshore Lift ASA that it is filing for bankruptcy, forcing Keppel Verolme to...
(EnergyAsia, July 4, Friday) — Energtek Inc of the US and DML Pte Ltd of Singapore said they have established a US$25 million joint venture to commercialise Energtek’s ‘Adsorbed Natural Gas (ANG)’ technology in Southeast Asia. The joint venture, Energtek Far East Pte Ltd, will aim to enable vehicle owners and industrial businesses to use...
(EnergyAsia, July 4, Friday) — Singapore’s plan for clean energy leadership has received the backing of a panel of international experts which recently held its inaugural meeting last month. The panel endorsed Singapore’s focus on developing: • R&D capabilities to drive clean energy applications and industry growth; • A vibrant clean energy ecosystem with activities...
(EnergyAsia, July 4, Friday) — Adsorbed Natural Gas (ANG) technology developer Energtek Inc said it has signed a memorandum of understanding (MOU) with a natural gas distribution company in India’s Uttar Pradesh state. The MOU advances gas bulk transportation projects utilising Energtek’s proprietary low-pressure mobile pipeline (LMP) technology. Energtek said it aims to transport natural...
(EnergyAsia, July 4, Friday) — Leading power and automation technology group ABB said it has won a $70-million order from China’s State Grid Corp for the supply of a new power link in the country’s northeastern region. The new high-voltage, direct current (HVDC) link will transmit 3,000 megawatts (MW) of power over 920 kilometers from...
(EnergyAsia, July 4, Friday) — Shell Gas & Power Developments BV (Shell) has issued a formal invitation to tender for the front-end engineering and design (FEED) and engineering, procurement and construction of a 3.5-million-tonne-per-year floating liquefied natural gas (FLNG) facility. The tender was issued to three consortia comprising engineering and shipyard contractors who have been...
rethink is needed on how cities manage growth because the current approach is no longer economically, environmentally or socially sustainable, said the Asian Development Bank (ADB) at the recent World Cities Summit in Singapore. ADB President Haruhiko Kuroda said providing jobs and services for the 1.1 billion people who will move to cities in Asia...
first half of 2008 to fall to between A $175 million and A$195 million compared with A$294 million for the same period last year. (US$1=A$1.04). It expects profit for fuel and non-fuel items in the first half to range between 1.7 and 1.9 Australian cents per litre, after taking into account government taxes totalling more...
factories and capital equipment for the manufacture of photovoltaic cells and modules, said it has delivered advanced solar module production equipment to ET Solar Group in China. The module manufacturing equipment delivered to ET Solar includes Spire’s most current process technology. With this equipment, the line will be capable of annually producing up to 15...
said it has established a marketing and sales company in China through a joint venture with the Chinese Academy of Launch Technology (CALT). CALT is China’s largest and most important organisation for the research, development and production of launching technologies. CALT has been active as a developer and operator of wind farms in China since...
markets and support high prices through to at least 2013, said the International Energy Agency. In its most definitive pronouncement, the agency told the world to expect “supply constraints, refinery limitations and continued demand growth in key emerging markets” to maintain pressure on the oil markets. “Record prices in the oil market in recent...
a large wind farm in Hauauru ma raki near Port Waikato in New Zealand. The NZ$1 billion project could produce up to 540 megawatts of renewable electricity to power up to 200,000 homes. (US$1=NZ$1.25). The proposed wind farm, to be located on 17,000 hectares of isolated land south of Port Waikato, will be built over...
its clients, Norway’s Fred Olsen Energy, over a US$177 million contract at its Keppel Verolme yard in The Netherlands. In 2006, a subsidiary of Fred Olsen awarded the contract to Keppel Velrome to refurbish and upgrade its 30-year-old semisubmersible rig, also known as Blackford Dolphin. Last week, the Norwegian company said it had taken...
with a $196 million loan to build a hydroelectric dam to help ease growing power shortages in the country. The 156-megawatt Song Bung 4 hydropower project will be built on the Song Bung River in central Vietnam’s Quang Nam province. Song Bung 4 is expected to be completed in 2013, and is the first hydroelectric...
(EnergyAsia, July 3, Thursday) — Open Systems International Inc (OSI), a US-based provider of open automation solutions to utilities worldwide, said it has established a wholly foreign owned enterprise (WFOE) in Beijing, China. The enterprise is a Chinese legal entity licensed to do business in the country. The enterprise, OSI Automation Software Systems (Beijing) Co (more…)
(EnergyAsia, July 3, Thursday) — ‘The Chemicals Shipping Market – Chartering and Operations’, a workshop organised by the Oxford Princeton Programme, will be held in Singapore from October 13 to 15. Shipping is a vital part of the supply chain in the chemical sector. It is a key element in the profitability, trade, marketing and (more…)
(EnergyAsia, July 2, Wednesday) — Paris-listed Gaz de France said it has agreed with PowerGas, a wholly owned subsidiary of Singapore Power, to jointly build and operate Singapore’s first LNG terminal. Gaz de France said it will have a 30% stake in the project company. The terminal, to be built on a 30 hectare site...
(EnergyAsia, July 2, Wednesday) — Philippine National Oil Company (PNOC) has opened a 2.5-hectare jatropha nursery in Medellin town in northern Cebu province, the first such project in Southeast Asia. The nursery is expected to produce jatropha seedlings for a plantation being planned on a plot of land that is currently idle. The company said...
(EnergyAsia, July 2, Wednesday) — The growth prospects of renewable and clean energy industries are being held back by a lack of trained labour and experienced management staff, a study by executive search firm Heidrick & Struggles found. Especially hampered are the wind, solar and biofuels energy sector which have seen massive growth in recent...
(EnergyAsia, July 2, Wednesday) — Q-Cells, the world’s largest solar cell maker, is planning to build a manufacturing plant in Malaysia, its first such project in the country. The solar cell plant will create some 900 jobs in its first phase. Construction is expected to be completed early next year with production due to start...
(EnergyAsia, July 2, Wednesday) — China is aiming to more than triple its wind power capacity to 20,000 megawatt (MW) by 2010. The increased capacity is aimed at helping to meet soaring power demand while also cutting the country’s greenhouse gas emissions, said the Energy Research institute (ERI). China has become a major energy consumer...
(EnergyAsia, July 2, Wednesday) — China National Offshore Oil Corp (CNOOC) has signed an agreement to import two million tonnes of LNG a year from Qatar for 25 years. CNOOC will import the LNG from Qatargas through its planned terminals along China’s east coast. While exact terms were not disclosed, CNOOC is believed to be...