Survey to Assess CCS and New Oil & Gas Opportunities Gets Underway Off Malaysia
energy giant Petronas in the overall management of Malaysia's petroleum resources.The acquisition of the new seismic data will enable clients to effectively conduct evaluation on the exploration and carbon storage potential for the upcoming Malaysia Bid Round.“The Penyu Basin is one of Southeast Asia’s most exciting yet underexplored frontier exploration hotspots, with the potential of uncovering new exploration plays and carbon capture and storage (CCS) opportunities.“We are pleased to be able to collaborate with MPM and our joint venture partners to spearhead exploration in
GeoAcoustics Names Dave Holland CTO
high-resolution low voltage boomer and hydrophone seismic exploration systems, in addition to equipment database management.Starting work with Electronic and Geophysical Services Ltd (EGS) in UK in 1987, Holland moved to the Hong Kong office, where he dedicated his efforts to inshore surveying across Southeast Asia while contributing to new equipment developments. His work included pre-commencement survey activities for Macau and Hong Kong Airports, alongside various civil engineering ventures throughout Asia.Holland’s recent cooperation on the integration of magnetometer technology and ROTV ScanFish
The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond
high-end APAC fleet.Turning our focus to specific regions, Australia is poised to become a significant market for decommissioning, with projections from the Center of Decommissioning Australia estimating a value of $40 billion for upcoming work, particularly in the Bass Strait region. Moreover, in Southeast Asia, numerous offshore wells are nearing the end of their production life, with projections indicating a considerable number will cease operation by 2030. This trend is mirrored in the Brunei market, where plans are underway to decommission 60 platforms between 2026 and 2032.In Malaysia, Petronas
Boskalis Commissions BOKA Ocean Cable-Laying Vessel
Ocean.Although they are still similar in appearance, each vessel has now its own specialty. The BOKA Southern Ocean and BOKA Northern Ocean are high-end construction support vessels, busy with IRM and decommissioning work in the North Sea and various offshore wind farm construction activities in Southeast Asia.According to Boskalis, the BOKA Ocean vessel will soon install her first subsea cable for an offshore wind farm in Europe.“We thank our Boskalis Central Fleet Support department, Fleet Management department and the Subsea Cables business unit that have collaborated intensively over the
Southeast Asia’s 1MW Tidal Energy Plant to Feature HydroWing Tech
Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has awarded an engineering, procurement, and construction (EPC) contract to Inyanga Marine Energy Group to build tidal energy plant in Southeast Asia, which will feature HydroWing technology.The location of the plant will be at the remote Capul Island of Northern Samar in the Philippines, along the San Bernardino Strait, a passage well-known for the strength of its marine currents.San Bernardino Ocean Power Corporation awarded an EPC contract to Inyanga following a tender launched in January 2023.The 1MW project, which is
How Floating Solar Panels Could Power Future Population Hotspots
Vast arrays of solar panels floating on calm seas near the Equator could provide effectively unlimited solar energy to densely populated countries in Southeast Asia and West Africa.Our new research shows offshore solar in Indonesia alone could generate about 35,000 terawatt-hours (TWh) of solar energy a year, which is similar to current global electricity production (30,000TWh per year).And while most of the world’s oceans experience storms, some regions at the Equator are relatively still and peaceful. So relatively inexpensive engineering structures could suffice to protect offshore floating
Inside the Subsea Cable Firm Secretly Helping America Take on China
, a Brisbane-based subsea cable investment company owned by Australian entrepreneur Bevan Slattery.The industry was skeptical about the commercial viability of the route, given it would mostly serve a small pool of Australian telecom firms that already had access to multiple cables running through Southeast Asia to the Middle East, five industry sources told Reuters.What many of them didn’t know was that the Pentagon had paid for around a third of the entire cable on the condition that it include a splice connecting its commercial trunk to Diego Garcia, two of the people with knowledge of the project
Australia Outlines $245 Billion Nuclear Submarine Plan
of international security at Australian National University.He called the massive cost a "hike in the insurance premium for national security".As Australia's historical ties with Britain and the United States are revived, it will also be important to remain engaged with its neighbors in Southeast Asia and the Pacific."Yes, it’s an eye-watering price tag, but the alternative is an even heavier cost to Australia’s security and sovereignty down the track," said Australian Strategic Policy institute executive director Justin Bassi.($1 = 1.5006 Australian dollars)(Reuters
US, Australia to Unveil Submarine Pact to Counter China
and cost-effective plan to supply submarines and starting with an existing design like the Virginia Class was "a very plausible way forward."Australia's Defence Minister Richard Marles said on Thursday the submarines would ensure peace and stability across the Indo-Pacific, Southeast Asia and the Indian Ocean."It is difficult to overstate the step that as a nation we are about to take," said Marles. "We have never operated a military capability at this level before."(Reuters - Reporting by David Brunnstrom, Phil Stewart, Idrees Ali, Mike Stone, Jonathan Landay
February 2024
