BAHRAIN: Unrest a direct threat to US and Saudi Arabia

(EnergyAsia, March 1 2011, Tuesday) — The US and Saudi Arabia face direct threats from the Middle East unrest spreading to the tiny state of Bahrain, a regional financial centre and home to major US military and naval bases. Since 1948, Bahrain has been the headquarters of US naval activity in the Gulf. It is (more…)

SINGAPORE: Jason Marine to promote Norway’s Baze information products and services for marine sector

(EnergyAsia, February 25 2011, Friday) — Singapore’s Jason Marine Group Ltd said its wholly-owned subsidiary, Jason Venture Pte Ltd, and Norway’s Baze Technology SA have established a joint venture, Baze Marine & Offshore Pte Ltd, to distribute information products and an advanced multi-platform system covering voice, video and data for use on ships and other (more…)

SINGAPORE: Vopak nominates ex-Shell executive Simon Lam for supervisory board seat

(EnergyAsia, February 23 2011, Wednesday) — Rotterdam, Netherlands-based Royal Vopak NV said it has nominated former Shell executive Simon Lam Chun Kai to its supervisory board from April 27 2011. Following the decision to increase its board membership from five to six, Vopak said Mr Lam’s nomination will be on the agenda of the general (more…)

PERU: Stockopedia speaks to Rex Canon of Maple Energy

(EnergyAsia, February 21 2011, Monday) — Later this year, the arid coastline of north-west Peru will set the scene for the start of an ethanol production project that could transform the profitability of AIM-listed integrated energy group Maple Energy. After years of major engineering work, ethanol will begin flowing from what promises to be one (more…)

AUSTRALIA: By-products key to charcoal fuel viability for steel, says CSIRO

(EnergyAsia, February 14 2011, Monday) — The following is an article by Catherine Norwod first published in the February 2011 issue of PROCESS magazine of Australia’s CSIRO science agency. Efforts to reduce greenhouse gas emissions from iron and steel production have the potential to generate a new industry, producing charcoal for use as a cost-effective (more…)

SINGAPORE: Schilling Robotics opens new support centre to serve Asia’s offshore oil and gas market

 (EnergyAsia, February 2 2011, Wednesday) — Schilling Robotics, a US-based specialist in subsea systems to serve the offshore oil and gas industry, said it has opened a new support centre in Singapore, and will open a similar centre in Brazil in April. The Davis, California company said its international expansion will provide customers in the (more…)

DUBAI: Dubai Mercantile Exchange records 35% increase in trading volume in 2010

(EnergyAsia, January 21 2011, Friday) — The Dubai Mercantile Exchange Ltd (DME) said it achieved a 35% growth in trading volumes and record levels of open interest last year. In its annual review for 2010, the company said its Oman contract, known as the DME Oman, remains the world’s largest physically delivered crude oil futures (more…)

CHINA: Shareholders approved Shenhua Energy’s RMB8.7 billion takeover of mining assets

(EnergyAsia, January 19 2011, Wednesday) — Hong Kong-listed China Shenhua Energy Company Limited (CSEC) said it has received shareholder approval to acquire the stakes of its parent company and other subsidiaries in 10 mining companies for more than RMB8.7 billion. (US$1.RMB6.6).   The companies, which are involved in coal exploration, power generation, trading, information technology (more…)

SINGAPORE: MPA’s chief on environmental challenges facing shipping and port activities

(EnergyAsia, January 18 2011, Tuesday) — The following is an edited version of the speech delivered by Lam Yi Young, chief executive of the Maritime and Port Authority of Singapore (MPA) at the Sustainable Marine Transportation Conference 2011. Held yesterday, the event was jointly organised by the Royal Norwegian Embassy in Singapore, Innovation Norway and (more…)

COMPANY: Vopak’s Eelco Hoekstra begins new role as chairman of the executive board

  (EnergyAsia, January 18 2011, Tuesday) — Royal Vopak, the world’s largest independent tank storage service provider for bulk liquid chemicals, gasses and oil products, said Eelco Hoekstra assumed his new role as chairman of the executive board on January 1. Mr Hoekstra, a former President of the company’s Asia unit, is supported by two (more…)

SINGAPORE: NewEarth starts construction of waste re-utilisation facility

(EnergyAsia, December 30 2010, Thursday) — Tuas Power said its partly-owned waste recycling subsidiary, NewEarth Singapore (NES), has begun construction of its waste re-utilisation facility in the Tuas industrial area in western Singapore. The facility will employ the award-winning crystallisation technology, patented and licensed by waste treatment technology developer NewEarth Pte Ltd, to transform industrial (more…)

UPSTREAM: Global oil companies announce technology challenges for 2011

(EnergyAsia, December 27 2010, Monday) — ITF, the UK oil and gas industry technology facilitator, has spelled out the technology challenges that its membership of global service providers want to see tackled in 2011. The organisation tasked with driving new game changing technology solutions also revealed ambitious plans to increase its international reach by opening (more…)

SINGAPORE: Edgen Murray opens S$25 million distribution centre to serve Asia-Pacific region

(EnergyAsia, December 20 2010, Monday) — Edgen Murray, a Louisiana, US-based global specialist in high-performance steel products for the energy sector, opened its new S$25-million distribution centre in Singapore early this month. (US$1=S$1.3). The 18,000-sq-mt facility in Tuas includes 12,800 sq m of covered-warehouse space, providing a storage capacity for 30,000 tonnes of products. The (more…)

JAPAN: Chiyoda awarded Shell refinery contracts in Singapore and Malaysia

(EnergyAsia, December 13 2010, Monday) —Japanese engineering giant Chiyoda Corporation said its group companies have been awarded contracts to implement Anglo Dutch Shell projects in Singapore and Malaysia. Chiyoda Singapore (Pte) Limited has signed a new contract with Shell Eastern Petroleum Limited in Singapore for to provide engineering, procurement and construction management (EPCm) services for (more…)

COMPANY: ExxonMobil lubricants to protect oil and gas production equipment, boost productivity

(EnergyAsia, December 10 2010, Friday) — ExxonMobil said its Mobil SHC synthetic industrial lubricants can deliver “exceptional” protection for oil and gas production equipment, even reducing fuel consumption by up to 1.5%. Participating for the first time at the 18th International Oil & Gas technology trade exhibition (OSEA2010), ExxonMobil showcased its comprehensive line of the (more…)

MARKETS: ODS Petrodata forecasts shortage of premium jackup rigs by 2015

(EnergyAsia, December 9 2010, Thursday) — US consultant ODS-Petrodata has predicted that the upstream oil industry will face a shortage of premium jackup rigs by 2015. In its “Jackup Rig Market Report: 2010-2018”, the Houston, Texas-based company said it reached this conclusion after a detailed study of three categories of the rig markets: premium jackups (more…)

CHINA: Yantai CIMC Raffles delivers country’s first deep-water rig with DNV class

(EnergyAsia, December 6 2010, Monday) — Yantai CIMC Raffles, an offshore and marine fabricator in China’s Shandong province, recently delivered the country’s first deep-water semi-submersible drilling platform, the COSLPIONEER, to integrated oilfield services provider China Oilfield Services Limited (COSL). An advanced deepwater semi-submersible drilling platform, the COSLPIONEER is equipped with DP3 dynamic positioning and anchor (more…)

SINGAPORE: GL proposes “intelligent solutions” for asset integrity management

(EnergyAsia, December 3 2010, Friday) — Owners and operators of process plants need to continually manage their facilities risk and optimise the value of production assets throughout their entire life cycle. This includes asset integrity and reliability issues with health, safety, environmental (HSE) and economic impact potential are identified at every stage of an asset’s (more…)

SINGAPORE: Jason Marine recognised as a leading ‘Prestige Brand’

  (EnergyAsia, November 25 2010, Thursday) — Jason Marine Group Ltd, a Singapore Exchange Catalist-listed provider of integrated solutions of communication, navigation and automation systems to the marine and offshore oil and gas industries, was honoured as a Heritage Brand at the recent Singapore Prestige Brand Awards (SPBA) 2010. The company was judged as one (more…)

SINGAPORE: POWER-GEN and Renewable Energy World at the Singapore International Energy Week

(EnergyAsia, November 22 2010, Monday) — POWER-GEN Asia and co-located Renewable Energy World Asia, two leading conferences and exhibitions for the power generation, renewable energy and transmission and distribution industries, enjoyed a successful conclusion to the recent three-day Singapore International Energy Week event with a record breaking number of delegates. Following a well-attended opening keynote (more…)

SINGAPORE: Derrick Services Ltd opens Asia-Pacific regional office

(EnergyAsia, November 18 2010, Thursday) — UK-based oil and gas industry construction firm Derrick Services Limited (DSL) has opened its Southeast Asia office in Singapore to handle the growing demand for its services in the region. With offices in the UAE and Brazil, DSL supports drilling contractors and operators worldwide through services that include derrick (more…)

MONGOLIA: Prophecy Resource receives permit to mine at Ulaan Ovoo

(EnergyAsia, November 15 2010, Monday) — Canada’s Prophecy Resource Corp said it has received the final permit to start operations at its Ulaan Ovoo coal mining project in Mongolia. Prophecy said it has a 100% interest in the 208.8 million tonne (174.5 Mt Measured, 34.3 Mt Indicated) and (35.9 Mt Inferred) Ulaan Ovoo mine that (more…)

INDONESIA: Greenpeace accuses Sinar Mas unit of attempting to cover up rainforest destruction

(EnergyAsia, October 29 2010, Friday) — Greenpeace International said it has exposed an attempt by the Sinar Mas Group to cover up the destruction of Indonesia’s rainforest by its paper subsidiary, Asia Pulp and Paper (APP). Greenpeace described as “flawed” an audit conducted by ITS GLOBAL’s Alan Oxley for APP that was aimed at discrediting (more…)

CHINA: Gazprom unit makes groundbreaking carbon deal with windpower project

(EnergyAsia, October 27 2010, Wednesday) — Gazprom Marketing and Trading (GM&T), a subsidiary of the Russian gas major, said it has agreed to purchase all primary carbon emissions certificates (CERs) from a successfully registered CDM 26 MW wind power project in China’s Fujian province. The CER purchase from the project in Zhangpu County owned by (more…)

SINGAPORE: Siemens hands over PowerSeraya’s combined cycle power cogeneration plant

(EnergyAsia, October 26 2010, Tuesday) — Germany’s Siemens Energy said it officially handed over units 30 and 40 of a combined cycle power cogeneration plant to Singapore’s PowerSeraya last week. The new units have a fuel efficiency rate 75% higher than the three oil-fired plants on Jurong Island that they replaced. Siemens built the turnkey, (more…)