Manila: Thailand’s RMA West Linapacan is gearing up to redevelop the West Linapacan oil field after signing a contract with Transocean of Switzerland to drill an oil well off northwest Palawan. RMA ...

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Bangkok: Myanmar will let international investors bid for 15 additional offshore oil exploration blocks by the end of next year, a move that comes after the earlier release of 40 blocks that have ...

Kuala Lumpur: Authorities in Malaysia continue to comb through the rough seas off Lahad Datu on the east coast of Sabah in the seemingly increasingly vain attempt to find and rescue six crewmembers of ...

Japan: MOL Logistics, part of major Japanese shipping line, Mitsui OSK Lines, has formed PT MOL Logistics Warehouse, a wholly owned subsidiary, in Jakarta. “The company will… apply the dedicated ...

Singapore: Bibby Ship Management and Singapore-based United Ship Management have formed Bibby-USM Shipping, a joint venture (JV) that will target the Chinese shipping market. Bibby-USM Shipping will ...

Kuala Lumpur: Malaysia-listed Carimin Petroleum has announced its initial public offering (IPO) of shares on the main market of Bursa Malaysia Securities. The IPO has a tentative listing date of ...

Singapore: US grain giant Archer Daniels Midland is changing its operations in Asia in a big way. “As populations and incomes across Asia continue to rise, diets are evolving. With that shift comes an ...

Jakarta: The administration of Batam, Indonesia, met on Monday with a delegation of French companies interested in investing in a shipyard on the island. The delegation included representatives from ...

Singapore: Ezra Holdings has announced that its shareholders have given the green light to a proposed consolidation of its offshore support services division, EMAS Marine, with its associated company ...

Kuala Lumpur: Bumi Armada Capital Malaysia, a wholly-owned subsidiary of Bumi Armada, yesterday successfully made its issuance of Sukuk Murabahah under the Sukuk Programme. The Sukuk Murabahah issued ...

Kuala Lumpur: YPF and Petronas, state-controlled companies from Argentina and Malaysia, signed a $550m accord to develop shale oil at the world’s fourth-largest deposit in Vaca Muerta, with a view to ...