(EnergyAsia, April 4, Friday) — Australian engineering firm WorleyParsons is acquiring the Heerema Group’s INTEC Engineering BV division, a leading international deepwater and arctic engineering and project services company.In a joint statement, the companies said the agreement also provides for an ongoing business relationship for WorleyParsons and INTEC to provide engineering services to the Heerema (more…)

(EnergyAsia, April 3, Thursday) — Royal Dutch Shell and Virent Energy Systems Inc of Madison, Wisconsin in the US have announced a joint research and development effort to convert plant sugars directly into gasoline and gasoline blend components, rather than ethanol. Shell said the collaboration could herald the availability of new biofuels that can be (more…)

(EnergyAsia, April 3, Thursday) — The courtship between the Middle East and Asia is starting to narrow down to a handful of partners. Not all Middle Eastern countries are rich or blessed with lots of oil, and not all Asian countries are dynamic and have bright economic prospects. China and India join long-time Middle East (more…)

(EnergyAsia, April 2, Wednesday) — The US and China must make accommodations to curb greenhouse gas emissions if both countries are to break their “suicide pact” of self-destructive, energy-using behaviour, said the Carnegie Endowment for International Peace.Together, the two countries produce 40% of global greenhouse gas emissions. Yet both demand that the other take responsibility (more…)

(EnergyAsia, April 1, Tuesday) — EnergyAsia has launched a new service: a series of interviews with senior executives of companies involved in the energy business. The interviews are recorded on film and available for viewing on www.EnergyAsia.com, and on YouTube. Nine companies are featured in the latest interviews. For use of these copyright interviews, please (more…)

(EnergyAsia, April 1, Tuesday) — ‘Options Pricing and Applications’, a workshop offered by the Oxford Princeton Programme, will be held in Singapore on April 16. As options are a growing part of energy hedging and speculating, understanding how they work allow traders to make better choices. Mastering the basics through this course, delegates will learn (more…)

(EnergyAsia, March 31, Monday) — ‘Fundamentals of Energy Options’, a workshop offered by the Oxford Princeton Programme, will be held in London on April 8 and Singapore on April 15. This full-day workshop which includes a trading simulation and a comprehensive review of the course, will cover premium valuation to advanced trading strategies on exchange (more…)

(EnergyAsia, March 31, Monday) — ‘Coaltrans Brazil’ will be held at the Sofitel Hotel in Rio de Janeiro from May 12 to 13. The rapidly growing economies of India and China, as well as Brazil’s increasing domestic demand for steel, continues to drive the growth of steel production, said organisers CoalTrans Conferences. An additional 21.9 (more…)

(EnergyAsia, March 31, Monday) — International law firm Herbert Smith said it advised Credit Suisse and Morgan Stanley as joint global coordinators on the HK$3.2 billion Hong Kong IPO and Rule 144A / Regulation S global offering of Honghua Group. Honghua Group, the second-largest onshore oil rig manufacturer in the world and the largest in (more…)

(EnergyAsia, March 31, Monday) — Nasdaq-listed American Superconductor Corporation (AMSC), a leading energy technologies company, said it has received new orders for wind turbine core electrical components and full wind turbine electrical systems from companies in Canada and China. The buyers are now adopting and scaling up manufacturing of wind turbines designed by AMSC’s wholly (more…)

(EnergyAsia, March 28, Friday) — Australia’s earnings from commodity exports including oil, natural gas and coals are forecast to increase by 30% to a record A$189 billion in the 2008 financial year starting June 30. (US$1=A$1.05). But over the medium term, the value of those exports (in 2007-08 dollar terms) is projected to fall to (more…)

(EnergyAsia, March 28, Friday) — ‘Energy Risk Asia’ will be held at the Sheraton Towers in Singapore from May 13 to 14. With Asia becoming an increasingly important region for energy trading, ‘Energy Risk Asia 2008’ will examine ways to adapt cutting-edge energy risk management models to the latest market developments. The event will feature (more…)

(EnergyAsia, March 26, Wednesday) — The ‘2008 Asia Oil and Gas Pipeline Congress’ will be held in Beijing, China from May 22 to 24. Every year, companies add an estimated 25,000 km of oil and gas pipelines to their network. The conference will focus on international pipeline projects opportunities, pipeline technology and construction process, outlook (more…)

(EnergyAsia, March 26, Wednesay) — ‘SPE EOR Technical Conference’, a conference focused on enhanced oil recovery including chemical, thermal and gas technologies, will be held in conjunction with the ‘Oil and Gas West Asia 2008’ (OGWA) exhibition at the Golden Tulip Hotel in Oman on April 21 to 23. Organised by the Society of Petroleum (more…)

(EnergyAsia, March 26, Wednesday) — The organisers of ‘Gastech 2008’ said the 23rd international conference and exhibition for the LNG, LPG and natural gas industries held in Bangkok, Thailand on March 10 to 13 achieved record participation with 300 exhibiting companies and more than11,500 delegates from over 50 countries. ‘Gastech 2008’, hosted by Thai state-owned (more…)

(EnergyAsia, March 25, Tuesday) — The Chinese government is expected to issue coal export licences this month despite the continuing supply shortages in the domestic market, said event organiser CoalTrans. While small mines continue to face shutdowns largely for safety reasons, Hebei province has announced that it will develop the world’s largest coal export port (more…)

(EnergyAsia, March 25, Tuesday) — ‘Coaltrans Asia 2008’ will be held in Bali, Indonesia from June 1 to 4. The conference is expected to attract over 1,000 participants from around the world, said organiser Coaltrans Conferences. ‘Coaltrans Asia’ will address issues including the use and management of low rank coal, opportunities in Indonesia, logistics, government (more…)

(EnergyAsia, March 25, Tuesday) — Singapore’s Swiber Holdings Limited, a service provider to the offshore oil and gas industry, said it has been awarded a conditional Letter of Intent (LOI) from CUEL Limited (CUEL) to instal platforms and pipelines in the Gulf of Thailand for its clients for a period of five years. Swiber said (more…)

(EnergyAsia, March 24, Monday) — China International Electric Power & Electric Engineering Technology Exhibition (EPETEE), rebranded to China EPower, will be held at the Intex in Shanghai, China from April 22 to 24. The rebranding effort is aimed at growing the event into an internationally recognised platform for the global power industry. It also celebrates (more…)

(EnergyAsia, March 24, Monday) — The Oxford Princeton Programme will be offering a course on a new risk management tool, ‘Value-at-Risk: The Basics and Beyond’ in London on April 24 and in Singapore on May 22. Value-at-Risk, a new benchmark for measuring and controlling market risk, is used by leading trading and marketing companies around (more…)

(EnergyAsia, March 20, Thursday) — The latest edition of the ‘Handbook of Petroleum Refining Process’ offers detailed description of process chemistry and thermodynamics and product by-product specifications of plants, covers the latest technologies in the field of petroleum refining processes and contributors are drawn from largest petroleum producers in the world, including Chevron, Mobil, Shell, (more…)

(EnergyAsia, March 20, Wednesday) — ‘Seafarers 2008’, an event by IBC Maritime, will be held at the Grand Copthorne Waterfront, Singapore from May 7 to 8. The conference will focus on manning issues with an emphasis on the emerging sources of seafarers. It aims to present insights and strategies that will support operations, capital cost (more…)

(EnergyAsia, March 20, Thursday) — Singapore’s Keppel FELS Limited, the wholly-owned subsidiary of Keppel Offshore & Marine Limited, said it will build a third KFELS B Class jackup drilling rig worth about US$205 million for PetroVietnam Drilling & Well Services Corp’s subsidiary PetroVietnam Drilling Investment Corp. This latest unit and PVD Invest’s second rig PV (more…)

(EnergyAsia, March 19, Wednesday) — Australia’s Origin Energy said it has purchased Woodside Petroleum Limited’s 62.5% interest in the VIC/P37(V) exploration permit off the south west Victorian coast for A$13.6 million. (US$1=A$1.05). The permits contain the Halladale and Black Watch gas and condensate fields, and the acquisition provides Origin with 100% ownership of the permit. (more…)

(EnergyAsia, March 19, Wednesday) — The renewables bandwagon is becoming a runaway train, thanks to the full-scale global panic over continuously rising oil, gas and coal prices. The open market prices of the three fossil fuels, the source of 85% of the world’s energy needs, has been on a relentless climb in recent months, driven (more…)