A comprehensive directory published for the shiprepairing, shipbuilding, marine technology, offshore technology and maritime Industries

IN THE NEWS

Is there a future for the private shipowner?

SOME interesting themes are emerging in the run-up to Singapore Maritime Week (SMW) 2017, which starts next Monday and is organised by the Maritime and Port Authority of Singapore (MPA). The over-arching theme for the record 34 events being held is "Navigating through challenging times". MPA chief executive Andrew Tan said: "Given fundamental shifts in the economy and technological advances that...


O&M stocks may decouple from oil prices: analysts

A REBOUND in floating production contract awards is in sight but this being fuelled more by cost reductions, say analysts, raises the possibility of offshore and marine (O&M) stock valuations decoupling from oil prices moving forward. Data released by the Singapore Exchange in early March showed a high correlation of 0.9x between marine and offshore engineering (MOE) share prices and oil prices f...


Keppel shares end flat despite rig order news

Keppel Corporation shares barely moved yesterday despite news that Oslo-based rig operator Borr Drilling is buying five jack-up rigs that the conglomerate is building for Transocean. Borr Drilling will take over the contracts and remaining payment instalments for the order which Transocean placed with Keppel Fels, Keppel's rig-building unit. The sale announcement on Monday night helped lift Kep...


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TRADE EVENTS


 

5TH SARAWAK OILS & GAS EXPO (SOGEX 2017)

About The Event
Sarawak Oil & Gas Expo (SOGEX) is the industry event for oil and gas professionals in the region. This international event is projected to bring together in 2017, more than 3000 industry professionals to address the strategic, operational and technology aspects of the oil and gas industry in Sarawak.

The International Character of SOGEX 2017 offers you:
- The ideal platform to explore new oil and gas business opportunities
- Expand your market presence and penetrate emerging markets in Sarawak
- Raise the profile of the oil & gas industry within the region
- Meet prospective new employees
- Offer an opportunity to engage with the oil and gas industry
- Explore new oil and gas business opportunities
- Provide a platform to debate and discuss key issues affecting the oil and gas industry

Fact and Latest News of Oil and Gas Industry in Sarawak:
The oil and gas (O&G) sector is expected to undergo a revitalisation with the signed production sharing contracts (PSCs) for the use of enhanced oil recovery (EOR) technologies between Petroliam Nasional Bhd (Petronas) and Shell Malaysia Ltd (Shell) in two oil field projects offshore East Malaysia. The contracts, with an investment of US$12 billion (RM38 billion) over 30 years, it would cover nine oilfields in the Baram Delta off Sarawak and four fields in the North Sabah development area.

SARAWAK WANTS TO MAXIMISE ITS OIL AND GAS SECTOR’S CONTRIBUTION BINTULU: 
Sarawak wants to maximise its oil and gas sector's contribution to the state economy by making Bintulu a petro-chemical hub in Malaysia.
Chief Minister Tan Sri Adenan Satem said to do it, Sarawak will be intensely involved in developing the high-value downstream products of oil and gas industry such as specialised and fine chemicals.

Please log on to www.oilgasexpo.com for more information. For booking or enquiries, please contact Eugenie at +603 6150 8952 or email to eugenie@worldexasia.com

 

Asia Pacific Maritime (APM)

Attended by over 15,000 owners, builders, procurers and end-users of industry products, and services, Asia Pacific Maritime (APM) is recognised by industry professionals as the premier shipbuilding & marine, workboat and offshore event in Southeast Asia to expand business connections, raise brand awareness and to launch new market products and services.
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