In The News

Ever-growing south-south opportunity

THE term "south south trade" has been a buzzword for economists and businesses alike for years yet trade between developing countries shows no sign of cooling any time soon. Last year, the combined gross domestic product of developing markets, adjusted for purchasing price parity, overtook that of advanced economies, according to data provided by the International Monetary Fund. This trend,...


Otto Marine looking to float subsea business

OFFSHORE firm Otto Marine is aiming to expand its subsea business and may spin it off to be listed. The division provides light construction services in deepwater oil and gas field developments, and maintenance and repair. It also supplies vessels for long term charter. The company told the Singapore Exchange (SGX) yesterday that it is exploring available strategic options to grow the unit s...


Nam Cheong clinches ship deals worth $112m

OFFSHORE marine group Nam Cheong has secured four contracts to sell vessels worth US$90 million (S$112 million). One vessel will be sold to a joint venture that the Singapore listed group is forming with Marco Polo Marine, after the latter sold a 50 per cent stake in Marco Polo Offshore (IV) to Nam Cheong. Marco Polo Offshore (IV), the joint venture company, will own and charter out a newly built...


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Rio Oil & Gas Expo and Conference 2014

A leading oil and gas industry event in Latin America, Rio Oil & Gas Expo and Conference, takes place at Riocentro Convention Center in Rio de Janeiro every two years.

Since its first edition in 1982, both the exhibition and the conference have contributed to build up Rio de Janeiro's reputation of being the “Brazilian oil capital”. In fact, Rio de Janeiro State concentrates 80% of the oil produced in the country, along with 50% of the total gas production.

The Expo is an outstanding opportunity for national and foreign companies to display their products and services. Similarly, the Conference stands as a prominent place for networking, discussing major technological issues and promoting innovative ideas.
 

Offshore Korea 2014

The 2nd Offshore Korea will be held in Busan, the offshore and shipbuilding city in Korea, from Nov. 12 (Wed) to Nov. 14 (Fri) 2014 .Korea, the largest offshore shipbuilding market and one of the biggest markets for those businesses of the offshore and shipbuilding equipment and materials, has large shipyards with their highest shipbuilding technologies.
 

OSEA 2014 : The 20th International Oil & Gas Industry Exhibition

Asia’s leading business event for the oil and gas industry will return to the Marina Bay Sands Singapore from 2 to 5 December 2014. OSEA brings together industry professionals to tackle pertinent concerns of the oil and gas industry in the region, from the changing market trends and expectations, to new business potential and the running of its daily operations. With 19 successful showings under the belt, the event has evolved to meet the increasing demand for more sophisticated technologies and solutions from companies; anchoring its position as the eminent sourcing and networking platform for today’s industry. Please visit www.osea-asia.com for more information.
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