Far East
News
November 08, 2019
Sparrows Group’s Singapore operation has achieved the world’s most advanced quality assurance certification for drilling service providers - the American Petroleum Institute (API) Specification Q2.
News
October 03, 2019
Saudi Arabia raised all pricing for November oil sales to Asia as refining margins rose and the country’s state oil producer pulled out the stops to maintain supply after aerial attacks briefly knocked out half its output last month.
News
September 26, 2019
Services to be provided will include data acquisition utilizing ROV-deployed autonomous nodal recording technology in water depths up to 60 meters.
News
August 27, 2019
A plunge in fuel oil margins driven by impending environmental rules for shipping is beginning to take its toll on heavier grades of crude.
News
August 05, 2019
Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in northwest Europe and the Mediterranean region.
News
July 31, 2019
Natural gas in Asia is dropping toward the lowest price in a decade, causing pain for the majors suffering from the fuel’s weakness.
News
July 29, 2019
Osaka Gas has entered into a definitive agreement with Sabine Oil & Gas Holdings to acquire 100% of the outstanding shares of its subsidiary, Sabine Oil & Gas Corporation, which produces shale gas in the amount of 210 MMcfed.
News
July 29, 2019
U.S. exports of LNG have been growing steadily and reached a new peak of 4.7 Bcfd in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy.
News
July 17, 2019
South Korea’s biggest oil refiner is looking to buy a wider variety of U.S. crude grades to reduce its reliance on Middle East supply.
News
June 07, 2019
After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
News
May 14, 2019
Two new doctoral student (PhD) positions are being created through the Industrial Postgraduate Programme, supported by the Singapore Economic Development Board (EDB) and DNV GL. A further full time Research Fellow post is also being created at NTU’s Singapore Centre for 3D Printing.
News
May 09, 2019
Korean Prime Minister Nak-yon Lee attended the 2019 Offshore Technology Conference (OTC) at NRG Park on Wednesday, 8 May, further emphasizing the global reach of the offshore energy industry.
News
May 02, 2019
Asian refiners are asking Saudi Arabia for more crude as buyers in the world’s top oil-consuming region face supply disruptions from Iran to Venezuela.
News
March 28, 2019
DNV GL has announced that Samsung Heavy Industries (SHI) INTELLIMAN Ship software complies with the EU-MRV and IMO-DCS regulations. DNV GL issued a factual statement confirming compliance in a ceremony at the SHI R&D Center in Daejeon, South Korea.
News
March 21, 2019
North Korea successfully evaded sanctions to import as much as seven-and-a-half times the allowed amount of refined petroleum last year, according to the U.S. government.
News
March 18, 2019
The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s INPEX Corporation.
News
September 07, 2018
Santos announced in May 2018 the sale of its non-core Asian portfolio to Ophir Energy plc. Santos has advised that completion of the sale of the producing assets has occurred.
News
July 26, 2018
The U.S. will become a massive seller of liquefied natural gas, but President Donald Trump’s “massive buyer” will likely be Asia, not Europe.
News
June 25, 2018
The Trump administration’s trade dispute with China is delaying one U.S. company’s bid to sign long-term natural gas export deals.
News
June 22, 2018
The U.S. has asked Japan to completely halt oil imports from Iran, going beyond the reductions that were demanded when sanctions were imposed earlier this decade, according to people with knowledge of the matter.
News
June 06, 2018
Saudi Arabia raised pricing for buyers in Asia to the highest since 2014 as demand builds in the country’s biggest market amid threats to rival suppliers.
