Asiapacific News

Map of basins encompassed by the NWS JumpStart package (Image: CGG)

Geoscience Packages Reveal APAC Prospectivity

French-based geophysical services company CGG reports it has completed JumpStart multi-client geoscience packages for the North West Shelf (NWS) of Australia and the Banda Arc in the Asia-Pacific region, and made both packages available to help enhance understanding of the prospectivity and assess new plays within the two high-potential regions.Mobilizing the full suite of CGG's geoscience capabilities to accelerate and support exploration efforts, the packages integrate all available data in a specific geographical area and frame it within a geological context.The NWS JumpStart package encompasses

SGS Acquires UWC and GDS

Subsea Global Solutions (SGS), a commercial diving company, has announced that it has acquired Underwater Contractors Pte. Ltd. (UWC), a prominent commercial diving firm based in Singapore, and Gray Diving Services Pty. Ltd. (GDS), a commercial diving firm based in Sydney, Australia, through separate transactions. With these two tandem acquisitions, SGS expands its global footprint in the Asia-Pacific region beyond Busan, South Korea, where it had a local office for the last 7 years and increases the number of its home ports worldwide to 13.

(Photo: Fugro)

Fugro Enters the South Korean Offshore Wind

Fugro said on Tuesday it has signed a Memorandum of Understanding (MOU) with Underwater Survey Technology 21 (UST21) in a move that opens up the South Korean offshore wind farm market.The agreement with UST21 will facilitate collaboration on marine projects in South Korean waters, whereby Fugro will expand UST21’s local hydrography capacity to provide site characterization services, including geotechnical, geophysical and offshore metocean solutions. In return, UST21’s local hydrographic expertise will provide logistical and operational support to Fugro’s offshore metocean projects.

Image: DNV GL

Veracity Strengthens Asia-Pacific HUB

Veracity, DNV GL’s open industrial data platform, opens new base in Singapore with the aim to stimulate closer collaboration in the maritime sector through the sharing of data.Veracity enables the secure exchange of data-sets, APIs, applications and insights between industries. By bringing Veracity to Singapore, DNV GL aims to spur on the digitization of the maritime industry by helping this sector to better leverage the use of data.“Asia-Pacific is thriving due to a great deal of investment and innovation across industry. By having a local presence in Singapore, we are better equipped to

Image: Orsted

Ørsted Sees Huge Offshore Wind Potential in S Korea

Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies.“South Korea is a peninsula surrounded by three seas,” said Park Jung-min, head of the Korean market development at Ørsted Asia Pacific. “We estimate that South Korea’s potential offshore wind power capacity can reach 30 GW.”According to Yonhap News Agency, the Danish state-run energy firm has recently completed the establishment

Image: ZTT

Offshore Wind Cable Market to Reach $3B

The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and reach the market value around $3 billion by 2026.The demand for offshore wind cables has seen significant development due to the paradigm shift towards fresh renewable techniques with increasing consciousness of carbon emission limits, said a report by Acumen Research and Consulting."Offshore wind turbines are rapidly growing, with a higher capacity production more than onshore wind generation. In addition, offshore wind wires play a major part in the transport of fresh

© marko okjan/AdobeStock

Naval Group inks $36B Submarine Contract

Australia signed a production contract with French shipbuilder Naval Group for a fleet of 12 new submarines, worth $35.5 billion, ending a two-year wrangle that cast doubt over one of the world's most lucrative defense deals.Australia selected the French builder as its preferred bidder for the fleet of submarines in 2016 ahead of other offers from Japan and Germany.However, final contracts were delayed amid domestic media reports of cost blowouts and production delays.Australia and Naval Group signed a Strategic Partnering Agreement, the overall contract to guide the construction, to end the

© Yauhen Suslo / Adobe Stock

Taiwan: The Next Battleground for Offshore Wind

Taiwan is becoming the next battleground for the world's top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.Taiwan announced results on Monday of its first major offshore wind farm auction that aims to add 3.8 gigawatts (GW) of capacity to its existing network of just 8 megawatts (MW).The island's offshore wind market is expected to expand to 5.5 GW by 2025, and the government aims to invest $23 billion on onshore and offshore wind projects by 2025, law firm Jones Day says.Taiwan is making a big push to attract investments in

Simon Allison (Photo: Xodus Group)

Xodus Strengthens APAC Team

Xodus Group’s Perth office has won more than A$3.5 million (£2million) in new contracts over the last six months.   Xodus’ Asia-Pacific (APAC) region has had significant success in the growth of its decommissioning business, both in Australia and South-East Asia, where the company has established relationships with several key players. The company has also enhanced its digital production optimization and monitoring tools.   With the success, Xodus has increased its workforce locally and appointed Simon Allison as operations director for the APAC region.   Allison

© Richard Whitcombe / Adobe Stock

Coral Reefs Get Sick from Plastic Waste -Study

Billions of bits of plastic waste are entangled in corals and sickening reefs from Thailand to Australia's Great Barrier Reef, scientists said on Thursday.   The trash is another pressure on corals, already suffering from over-fishing, rising temperatures caused by climate change and other pollution.   In the Asia-Pacific region a total of 11.1 billion plastic items - including shopping bags, fishing nets, even diapers and tea-bags - are ensnared on reefs, the scientists wrote in the journal Science.   They projected the numbers would rise by 40 percent by 2025 as marine pollution

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