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Singapore www.petrominonline.com 2020 oct – dec
McDerMott’s INdIa offShore Project!P11
MoL, BoMBora eyeINg WaVe eNergyP09
LNG’s future IS brIght
NorWegIaN oIL aNd gaS raking it inP06
Jul to Aug 202010 Jul to Aug 2020 11
Indigenous crude oil production caters to about only 15% of the country’s requirements, while for natural gas, 51% of requirement has to be imported.
domestic natural gas production fell 11.3% to 2,333 million metric standard cubic metre (MMSCM) in June. The 2.5 million tonne (MT) of crude oil produced in the country in the month was also 5.7% lower than the production from a year-ago period.
Indigenous crude oil production caters to about only 15% of the country’s requirements, while for natural gas, 51% of requirement has to be imported.
domestic natural gas output fell 5.1% year-on-year to 31,184 MMSCM in Fy20, reversing the growth trend recorded since Fy18. Also, the 32.2 MT of crude oil produced in the country in the fiscal was 5.8% lower than the output from a year-ago period.
The development coincides with domestic consumption of petroleum products falling 7.8% year-on-year to 16.3 MT in June. Consumption has of course improved from April, when only 9.9 MT of products were sold with the lockdown to contain the spread of the coronavirus being implemented throughout the month.
domestic production has been falling with the ageing of existing fields and muted response from the industry to take up new projects, mainly due to lack of adequate incentives. Other reasons for lower output in Fy20 include lack of buyers, inadequate evacuation infrastructure, technical constraints in hostile geographical terrains and protests against the Citizenship (Amendment) Bill in upper
Assam oilfields. Lack of environmental permissions is also making new drilling difficult.
For the eleven oilfields offered under the fifth round of Open Acreage Licensing Programme (OALP) auctions, the Union government has received bids from only one private firm and two state-owned companies. State-run Oil and Natural Gas Corporation (ONGC) was the only bidder for eight blocks while Oil India was the sole bidder for two blocks. For the smallest oil field offered, the director general of hydrocarbons has received bids from Invenire Petrodyne and ONGC.
Krisenergy Announces Change to Board of Directors and Board Committees
KrisEnergy Ltd.(“KrisEnergy” or the “Company”, and together with its subsidiaries, the “Group”), an upstream oil and gas company, announces that Mr. Chris Ong Leng yeow will step down as Non-Executive director of the Board of KrisEnergy, effective 6 July2020, to devote greater focus to his other commitments. The Company thanks Mr.Ong for his contributions during his tenure as a Board director. The Company also wishes to announce the following changes to the composition of the Board Committees with effect from 6 July 2020:
1. Mr.Tan Ek Kia(currently Independent Non-Executive Chairman of the Company)will be appointed as a member of the Remuneration Committee(in place of Mr. Ong);
And
2. Mr. Kelvin Tang (currently Chief Executive Officer and Executive director of the Company) will be appointed as a member of the Nominating Committee (in place of Mr. Ong).
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2020 oct to dec 1
04 Will it be LNG forever and ever?
06 Norwegian oil and Gas
raking investments in.
07 It’s Renewables Silly!
09 MOL, Bombora Eyeing Wave Energy
11 Mcdermott completes India offshore Project
13 Morale plaguing oil and gas workers, report
15 LNG: the Future is Bright
REguLaR FOcuS03 editorial
IBc calendar of events
cOntEntS
oct to dec 20202 2020 oct to dec 3
Petromin Hydrocarbon Asia is published four times a year by MEdIacOMz IntERnatIOnaL Pte. Ltd.
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ºWhat a year it has been!
More than 70 million people infected with a disease whose origins we are still trying to fathom. More than 1.6million dead on the altar of probable expediency.
Everything has changed that we once took for life as usual. The only thing that has not changed is the sense of foreboding that still grips us in our wake.
The coronavirus pandemic has really changed lives the way we once knew it. From devouring entire economies to equally more livelihoods, it is the darkest curse in the darkest times of our collective lives.
Will there will be another such outbreak? The jury on that is out.
Only if we had known, we would have been better positioned on what and how to react. But as chance may have it, none of us knew anything about it, except to dismiss it off as some kind of a pungent flu.
But it was not to be, because what has happened is our complacency has now become our captivity!
For all the hand wringing that is seizing us all, the silver lining that occurred over the horizon was something not to be missed at all.
Brent crude topped $50 a barrel last week, according to Bloomberg News.
It was one of the clearest causes for celebration and the surest signals that the long wait for the squall to lift has finally come.
editorial
The glut of oil reserves as we once knew of before the pandemic, is slowly depleting. A new dawn is breaking with a new-found vaccine clearing the mist before us. Even as America continues to be in dire straits with more than 300,000 deaths, the world beyond her is not smarting.
In some corners of the world, the recovery in demand is almost complete. India’s largest refiner said last week its plants are processing at full capacity and it’s expecting a V-shaped rebound in fuel use. Consumption of gasoline is also at or near pre-Covid levels in China and Japan, the world’s second and fourth biggest oil consumers, highlighted Bloomberg.
Still, it is soon to declare that it is business as usual. As demand slowly creeps up, the Organisation of Petroleum Exporting Countries (OPEC) is keeping a close watch on production limits. It cancelled its daily production quotas in a shrewd move not to empty its own pockets.
Crude cargoes are traded at higher prices. And Saudi Arabia made it known who still is the boss by hiking oil prices; a clarion call to the rest of her peers in OPEC to line up behind her.
Just as heart-warming were the swings in the flow of funds to capital markets. Investors in the U.S. ploughed huge amounts of monies into exchange-traded energy commodities; in one of the surest signals that life as we once knew of it, must plod along.
What a swing in fortunes it has been. Only if we had known the chapter of today’s history that it would have read a new narrative.
Editor
only if we Had KnOWn…
oct to dec 20204 2020 oct to dec 5
global economy has its own ‘rules’ on shipping and that must be adhered to.
Long term, alternative fuels may become plausible and research is warranted.
Other fuels such as ammonia and hydrogen may emit no GHG in propulsion systems, such as internal combustion engines or fuel cells. But much hinges on how they are produced. Only if they are produced from renewable energy such as wind and solar can they truly be ‘zero-emissions’ fuels. But, if produced from fossil fuels, emissions can be far higher than those from fuels such as LNG.
LNG has the potential to reduce emissions. When synthetic LNG comes into focus and begins to scale, IMO goals can be in reach. And with bio-LNG more surprises and innovations will be in place. As it now happens forward thinking operators are already introducing bio-LNG into their fuel mix.
Green financing
Banks, in their pursuit of wanting to be on the right side of history, will increasingly move along with green finance principles, LNG offers potential financing benefits for newbuilds. An investor can gain up to eight years of more favourable financing terms compared with vessels fuelled by conventional marine fuels such as HSFO, VLSFO, and MGO.
The use of bio-LNG as a drop-in fuel can also mean re-ducing your emissions now.
As bio-LNG products become more readily available on a global basis, further reductions in carbon will be the result and IMO targets will be met.
Props for the new era
LNG infrastructure exists and is ready to support bio or synthetic LNG. The props are growing and have a proven safety record. LNG cannot pollute our waterways, it is non-toxic, and ports around the world are facilitating the development of LNG bunkering facilities.
Yet i t wil l be stretching a l i t t le to say that no fuel offers solut ions.
New engine technologies that dramatically reduce this risk are emerging. It is a temporary problem but, not a fundamental issue with the fuel.
Upstream developments to deal with methane emissions in LNG supply chains are advancing rapidly. Alternative fuels, like ammonia, and the technical problems it may cause to engine combustion cycles coupled with the toxicity of the product, have to addressed if they need to considered as serious substitutes.
These matters are being overlooked in the current discussions but need to be addressed with urgency.
Conventional marine fuels also benefit from existing infrastructure. It might be tempting for some to continue a business-as-usual pathway for their newbuild vessel investments based on HFO and Exhaust Gas Cleaning Systems (EGCS). However, the clock is ticking for EGCS’s and neither they nor the use of VLSFO does anything to mitigate GHG’s.
Futureproofing with dual fuel engines
Engine manufacturers are designing and building LNG dual-fuel engines that are or will be capable of using many of the future fuels being discussed, including bio and synthetic LNG. This protects the capital investments made by vessel owners today and reduces future fuel risks, regardless of whether technologies change or not.
For vessel owners looking to invest in new tonnage today, the choice is clear. You can start to reduce emissions now while protecting the future. Waiting for a zero-carbon alternative might seem attractive but the future is still a long way off and the technology required is not proven. Waiting is not an option as it both exacerbates the growing GHG emissions issues and does not provide the essential air quality benefits derived from LNG. The journey of a thousand miles starts with a single step, and the sooner we start the journey the better. Waiting is not an option.
Will it be
LNG Forever aNd ever?
What a year 2020 has been?
Despite all the hiccups surrounding and caused by an unprecedented squall in global economies, ships have continued on their onward sail.
Something that has not been observed before, is suddenly dawning. Deepsea vessel using LNG know, it delivers immediate GHG emission reductions, and is globally available with a fast-growing bunkering network.
Another option is to bide for time and continue to run the risk of replacing a vessel’s engine at an astronomical cost later or losing use of their asset value. In the meantime, they will not be contributing to the environmental improvements that are so badly needed.
Getting zero-carbon?
GHGs cannot be easily removed from the atmosphere.
It is almost an axiom that LNG provides a pathway to zero carbon. However, the reality is that waiting for a zero-carbon fuel will take an eternity. Our
market NeWs
oct to dec 20206 2020 oct to dec 7
NorwegiaN oil aNd gas
raking investments in
Despite all that has happened, the Norwegian oil and gas industry is on the roll!
Companies, according to Statistics Norway, invested billions in extraction and pipeline transport across the whole of 2020. News of all the new investments is certainly cause for self-congratulations after capital expenditure cuts, Covid-19, the oil price war, and continuing low demand. The figure snugly aligns with estimates matches the agency made in November 2019. As such, the figures suggest the largest cuts have yet to come.
The agency’s estimates Norwegian field investment in 2021 to be worth approximately $18.4bn. The figure is some 27% higher than the agency’s previous 2021 estimates, but lower than current estimates of 2020 expenditure.
While spending may or may not fall in 2021, the expected fall has shrunk.
Large developments expanded throughout 2020, and more projects seem set to keep investment coming in 2021.
Meanwhile, state-owned production company Equinor will extract at least 1.7 billion barrels of oil in its 50-year lifespan. The field was first approved in 2019. An expansion proposed in May 2019 will include a new processing platform, with service company Aibel starting assembly in 2021.
Aibel has valued the platform as worth approximately $1.2bn. In December 2020, Aker Solutions won a contract to hook up the field’s fifth platform, worth $57m. While spread across multiple years, these investments show significant investments will continue in 2021.
market news
it’s renewables, silly!
For those old enough to remember the strident quip of former US President Bill Clinton, telling a voter, ‘It’s the economy, stupid”, in the 1992 presidential election, may well understand the context in which the former president came swinging amid the very fluid changes sweeping his country, then.
Since then, what a whirlwind of events has come over the world.
With the world holding its breath before the relentless onslaught of a merciless pandemic that refuses to go away, the global state of the union as we knew it has never been the same.
Even with a vaccine it is not hunky-dory as it had been hoped to be.
Covid-19 has really told us, that life as we know of it can be jolted out of our ambivalence and make us all look anew of what we have all along viewed, matter-of-factly.
It may have been too late for the scales on our eyes to fall, yet a very momentously eyebrow raising moment did come to pass!
The ongoing shift to renewables – which incidentally began long before Covid-19 – has now only moved to a higher notch. The catharsis from the pandemic is now a catalyst for an unseen exodus of the world’s largest oil and gas majors which happening as it does, is certain to trigger a dampened mood for investment.
market news
oct to dec 20208 2020 oct to dec 9
What that results, is a glut in oil supplies. And with so much hydrocarbons sloshing around is it any wonder that the price of the commodity only but inches, and not gallop, ahead. A huge problem awaits, once demand returns.
As matters stand, US and European oil behemoths are quietly mulling plans to shed some US$6billion of oil and gas assets in South-East Asia, says the renowned Oslo-based oil and gas consultancy Rystad Energy.
And, ExxonMobil has a shortlist of buyers for its US$3bi l l ion stake in Malaysian of fshore oi l assets, according to Bloomberg News.
Oil price is still at historic lows and demand for the commodity according to Wood MacKenzie will continue to dip, with no end to where and when the bottomless pit will bottom out.
The prognosis however is that even if demand for oil returns, renewables are poised to take a bigger slice of the energy markets and that will certainly turn heads, for nothing more than new dynamics will factor into the universal metrics of the oil trade.
Renewables, will according to the International Energy Agency (IEA), account for third of the energy supply in South-East Asia, says Singapore’s Straits Times broadsheet.
As long as living memory has stood, oil has lubricated South-East Asia’s economy. It is what can be called the proverbial cog in the Asian economic wheel as it is for all other nations across the world.
It is no musing that oil majors have pulled out their stakes and moved to what can be called new prospects such as US shale; the ultra-new hydrocarbon commodity now jousting with LNG in ship engines, oil terminals and major seaports across the world.
Yet it is simply not a zero-sum game to say the least, of what market conditions and regulatory movements have planted in South-East Asia.
Exploration licences from Myanmar to Indonesia are on hold. Malaysia, is stalling on more than a dozen offshore licences for exploration and technical studies which will only get worse as the country plunges into a state of emergency arising out of the pandemic.
Investment in so-called upstream oil and gas production, which includes drilling and exploration, will fall by 30 per cent in Asia-Pacific, with spending in the region on rigs, trucks and other equipment to shrink by US$90 billion by 2025, Wood Mackenzie told the Straits Times.
As could well be expected gravitational nodes will shift as they already are. The new direction is the shift to smaller independent oil companies and perhaps take a chance with ancillary oil, exploration and drilling services.
For the record, Indonesia’s Pertamina is at wits end on what to do with its Mahakam oil and gas reserves in Kalimantan.
Gas output there is below where it was when France’s Total and Japan’s Inpex transferred control over to the state-owned company in 2018.
Unsurprisingly, oil majors have begun shedding their mature assets. And that has allowed smaller players to move in.
Singapore-based Jadestone Energy, is developing natural gas sites in Vietnam, the Philippines and Indonesia. But as fortunes may have it, the company’s ambitions are on hold pending regulatory approval and because of the Covid-19 pandemic.
Stil l, chief executive Paul Blakeley said that despite the pandemic, the underlying business case for expanding into Asia remains.
“Covid-19 doesn’t change the immediate short-term principles regarding South-east Asia’s energy shortage,” he was quoted as saying to Singapore’s widely distributed broadsheet.
“The gap between the supply of energy and demand is only getting wider.”
Mol,bombora eyeing
wave energy
In a head- turning article the Offshore Engineer, has reported that Wave energy converter developer Bombora has initialled an agreement with Japan’s Mitsui O.S.K. Lines (MOL) to identify wave energy potential in Japan and across the region.
Such a prospect would almost certainly revolutionise incipient efforts to find alternatives to LNG and other clean fuel, as the world moves to implement clean energy substitutes for the maritime and offshore industries.
MOL has recently said it has completed a detailed internal technical review of Bombora’s mWave wave energy converter.
Bombora has developed a membrane style wave energy converter. The 1.5MW Demonstration Project of the converter in Wales are now in its final assembly phase and is scheduled to be installed in mid-2021. A membrane style wave energy converter developed by Bombora is located 10 meters beneath the ocean’s surface, similar to a fully submerged reef. The Fixed Bottom mWave is invisible from the shoreline. As ocean waves pass over mWave, the membranes deflect, pumping air through a turbine to generate electricity. Electricity is directly transferred to shore via a submerged cable.
industry news
oct to dec 202010 2020 oct to dec 11
“MOL and Bombora are now progressing to the second phase of their collaboration. The partnership will identify potential sites for mWave energy projects in Japan and the neighboring regions,” MOL said.
In addition, MOL said the partnership will analyse the opportunity to combine with offshore wind farms by adding wave energy using mWave in Japan and other regions. To remind, Bombora has recently also started a project with TechnipFMC to build a floating offshore wind foundation incorporating Bombora’s mWave technology - combining wave energy and wind power on a shared platform.
Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind.
Bombora said Wednesday that under the cooperation in the project - called InSPIRE - the two companies will develop a floating offshore wind foundation incorporating Bombora’s mWave technology - combining wave energy and wind power on a shared platform. InSPIRE stands for Integrated Semi-Submersible Platform with Innovative Renewable Energy.
“This par tnership marries st rong marine of fshore engineering heritage with groundbreaking multi-MW wave technology,” Bombora said.
Phase 1 Demonstrator will see the joint venture develop the 12MW platform - combined mWave (4MW) and wind turbine (8MW) on a shared floating platform.
Phase 2 Commercial envis ions 18MW combined mWave (6MW) and wind turbine (12MW) on a shared floating platform.
“With Bombora’s mWave technology and project development experience, MOL will work to minimise the environmental impact of its business activities and aim to achieve sustainable net -zero GHG emissions, bringing its expertise accumulated in offshore business such as marine consul tat ion, operat ions, and i ts knowledge of the regional supply chain to the joint study,” MOL said.
“The rapid growth of the marine renewable energy sector represents a new opportunity for MOL, and [the company] is anticipating there will be a significant demand for vessels involved in the construction and ongoing operations across the marine energy sector,” the Japanese firm added.
Have you readour other magazine?
see us on the web atwww.petrominonline.com
McderMott Completes IndIa
offshore projeCt
Offshore oil and gas services company McDermott has recently completed work on an offshore field development project in India, operated by Reliance Industries, and made it ready for start-up.
The project, in the Krishna Godavari Basin, located off the east coast of India, is the KG-D6 R Cluster subsea field development project. According to Mcdermott, the company achieved pre-commissioning, and was ready for start-up phase at the project.
For the KG-D6 R Cluster project, McDermott built a yard facility in India for the fabrication of risers, jumpers, and marine logistics support.
The project comprised two offshore campaigns. During the first campaign, the DLV 2000 vessel completed McDermott’s first piggy-back pipelay in S-lay mode (18-inch plus a four-inch) in 4,265 feet (1,300 meters) water depth. It also included the installation of the first ever ultra-deepwater structure, weighing 343 tons, for the DLV 2000. Several six-inch pipelines, PLETs, and manifolds were installed in water depths up to 6,447 feet (1,965 meters). In addition, McDermott installed India’s longest dual riser.
projeCt news
oct to dec 202012 2020 oct to dec 13
The second campaign included installation of manifolds, manifold piles, flowlines, PLETs (S-mode and J-mode), in-line structures, jumpers and umbilicals in ultra-deepwater depths, together with major brownfield modifications to Reliance’s control and riser platform. Successful flowline and umbilical installation were completed in 6,561 feet (over 2,000 meters) water depth using McDermott vessels: DLV 2000; Lay Vessel 108; North Ocean 102.
“The sa fe and success fu l completion of Reliance’s KG-D6 R Cluster project is a testament to McDermott’s subsea experience in the Bay of Bengal,” said I a n P re s c o t t , M c D e rm o t t ’ s Sen io r Vice P res iden t, As ia Pacific. “Pre-commissioning and ready for the startup was achieved despite difficult circumstances—two severe cyclones during the first campaign and, in the second, navigating the challenging conditions of COVID-19. It is an outstanding achievement and demonstrates McDermott’s commitment to reliable execution.”
News of the project’s closure came close on the heels McDermott International, Ltd announcing it has been awarded a contract from Qatargas to deliver front-end
engineering and design (FEED) work for Qatar Petroleum’s North Field South (NFS) project.
“For more than 30 years, McDermott has executed projects in Qatar’s North Field, and we will leverage our experience and local resources to successfully deliver this project,” said Tareq Kawash, McDermott Senior
Vice President, Europe, Middle East and Africa. “As oil and gas field development continues in the region, we are poised to build on this initial work to further support Qatargas as they progress the subsequent phases of the NFS project.”
The contract scope includes the replication of five offshore wellhead platforms. The FEED
contract will be executed from McDermott’s Doha office and work will begin immediately.
McDermott is a premier, fully integrated, provider of engineering and construction solutions to the energy industry. Customers trust its technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today.
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see us on the web atwww.petrominonline.com
‘McDermott’s prized catch. Picture above shows its Mumbai project’.
Morale plaguing
oil and gas workers,
report
Oil and gas industry professionals are demonstrably worried.
The coronavirus pandemic is now causing another kind of a crisis: job insecurity.
Eight in 10 oil and gas professionals feel less secure in their jobs than they did a year ago, according to the 2021 Global Energy Talent Index (GETI) report released on Tuesday, while more than 40% of the 16,000-plus respondents believe the sector future is looking desperate.
And in no time in history, have oil and gas professionals reported a fall in pay than an increase.
Though almost half expect remuneration to rise in the next 12 months, many however, are too optimistic.
project news
oct to dec 202014 2020 oct to dec 15
Many however, expect oppor tuni t ies to open up in the engineering sector but that according to analysts will most probably happen only in three to five years. Yet there i s noth ing to beat the g loomy s ta te of affairs now gripping a crucially and vital aspect of the global economy.
For a start, renewables and petrochemicals have race to the forefront as to being the ‘scariest’ nodes of competition for talent, respectively winning stratospheric percentages votes for those wishing to switch sectors.
In its fifth annual GETI report, 16,000 energy professionals and hiring managers in 166 countries were surveyed across five industry sub-sectors: oil and gas, renewables, power, nuclear and petrochemicals.
Blame coVId
At the heart of every trepidation is COVID and the swathe of havoc it is wreaking.
Close to 80% of oil and gas professionals feel less optimist ic than they were a year ago when the pandemic was unheard of. Today, more and more have turned despondent pointing squarely to the pandemic as being chief cause o f a l l t he i r hand-wringing.
These worr ies a re s h a r e d b y h i r i n g managers. Some 75% consider their employees’ jobs less secure than they were last year.
“There is no denying this has been a challenging year for the energy industry and Covid-19-related instability is certainly being felt by the workforce. But oil and gas, is a resilient sector, which has learned several lessons
from the last major downturn,” Airswift chief executive Janette Marx was quoted as saying to Upstream, a global oil gas news source.
“The bigger long- term challenge is a reduction in available capital, with investors looking to their own reputations and diverting funds towards sectors like renewables’, she continued.
“To overcome it, oil and gas firms must show their commitment to innovation and to people, demonstrate support for environmental measures and technological advancements and, crucially, ensure that investors and the workforce alike hear the message,” Marx said.
cautious optimism
Nonetheless a large number of respondents are optimistic of employer being resilient to upcoming changes and girding for all kinds of eventualities. Many do, feel that the proverbial ‘storm’ will pass and feel sanguine about the prospects for growth over the years to come.
Cautious optimism is now the buzzword and even as self-doubt surfaces to the fore, not many are feeling the chilling winds of despair.
“Technology represents a clear opportunity but so could the energy transi t ion, i f handled with care. And let’s not
forget that the workforce still has faith that growth — and rising remuneration — will return”, were the soothing words of comfort by Josh Young, director at Energy Jobline to Upstream. º
Negotiators strutting for a way out of the wage dilemma. Photo: NOROG
LNG: the Future is Bright
Regasification is on the roll in Asia. Despite all the hand-wring caused by the coronavirus pandemic there is no stopping the LNG train. As it chugs along, the future of gas is as bright as the sheen coming from its frothy combustion. Jaya Prakash files this story. After a 4% drop in 2020 in natural gas demand known, otherwise as liquefied natural gas (LNG), prospects for growth of the commodity are expected to soar. Following that it will recover in 2021 and soar ever more, again in the years after 2021. At least that is what the International Energy Agency (IEA) wants the world to believe and there, certainly are some good reasons to believe the IEA. The coronavirus pandemic, now sweeping the world is only but a blip on an otherwise, rosy radar! That said, nothing second guesses more than where the future of LNG lies. It lies right in the neck of woods of Asia.
special repOrt
oct to dec 202016
The Asia Pacific region, says the IEA, accounts for over half of incremental global gas consumption in the coming years, driven principally by the development of gas in China and India. Outlook is unusually high for the two giant economies and some of it is highly dependent on China and India’s future policy directions and recovery path in the post-crisis environment. According to the IEA, natural gas still benefits from strong policy support in both countries, with ongoing reforms to increase the role of gas in the energy mix. Future growth in the industry, which constitutes the main driver of incremental gas demand in both countries, will however, depend on the pace of economic recovery, both for domestic and export markets for industrial goods. Still as matters stands, LNG’s future has never been brighter. It is filled with promise and that promise
comes ripe with rich pickings! The accompanying upshot as would be, is how much of those pickings would really pan out in the regasification sector. The dynamics in an upstream production may be markedly different from what occurs in the downstream part of an operation. Yet nothing differs more than just what the entire matrix of it all: they are all part of a singular, organic body of extraction, production, and pipeline transmission. “The regasification sector in Asia is among the fastest growing in the world, second only to the Middle East. Its growth is driven largely by higher demand for LNG as a source of clean energy and increasing discoveries offshore, not only from the region’s economies but also globally”, brimmed Nazery Khalid, one of Malaysia’s leading maritime analyst lending every bit of credence of LNG’s regassification future, to PetroMin.
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• Our global, harmonized verifi cation standards provide consistent service quality
>95%continuous diagnostic
coverage withHeartbeat Technology
CLEAN PROCESS+ CLEAR PROGRESS
You strengthen your plant’s safety, productivity and availability with innovations and resources.
We understand how you need to reduce complexities at your plant.
oct to fdec 202016
This information is supplied ‘as is’. While every attempt has been made to ensure the accuracy of such information, the publisher does not accept responsibility for any loss or damage attributable to errors or omissions. Organisers are advised to check the information and to notify the magazine of any such errors or omissions. If email is
available, please also provide e-mail address. This listing is a free service to Petromin Marine & offshore readers. To have your conference or exhibition listed please post, fax or email details to Mary at [email protected]. For latest information. Log onto
www.petrominonline.com & click on ‘Events Calendar’.
AdVeRtISING SALeS offIceS MedIAcoMz INteRNAtIoNAL Pte. Ltd.8@TradeHub 21, 8 Boon Lay Way #09-10
Singapore 609964Tel: 65-6222 3422 Fax: 65-6222 5587
Contact person: Mary Dela PenaEmail: [email protected]
calendar of events
2020
SePteMbeR 2020
Green energy future
South Korea 2020
1 – 2 September 2020,
Swiss Grand Hotel,
Seoul, South Korea
Contact Person: Cami Wang
Email: [email protected]
Tel: +86 21 6419 9870 ext. 8328
MoGSec 2020
22 – 24 September 2020,
Kuala Lumpur Convention Centre,
Malaysia
Contact: Derrick Yeow
Tel: + 603 9771 2688
Fax: + 603 9771 2799
Email: [email protected]
Website: www.mogsec.com.my
APM 2020
30 September – 2 October 2020,
MBS Convention Center, Singapore
Website: www.apmaritime.com
NoVeMbeR 2020
oSeA 2020
24 – 26 November 2020,
MBS Convention Center, Singapore
Tel: +65 6222 3422
Website: www.osea-asia.com
2021
MARcH 2021
future energy Asia 2021
3 – 5 March 2021,
BITEC, Bangkok,
Thailand
Website: www.FutureEnergyAsia.com
HarbourCrafts99 Merchant
Vessels67 SpecialisedVessels8 Conversions20Offshore
Vessels79 Oil & Gas19
Customising Innovative design solutions
Every Ship is Unique
Seatech_210x297.indd 1 2/4/18 7:00 pm
C e l e b r a t i n g
Singapore • China • India • Myanmar • Thailand • Japan • Vietnam • Malaysia • Korea • Australia • Germany www.seatechsolutions.com [email protected]
