Pareto Securities News

 

Malaysian Offshore Driller Sends Notice of Abandonment to Insurers of Sunken Rig

May 31, 2021

Naga 7, a jack-up drilling rig that sank earlier in May while gearing up to start drilling for ConocoPhillips off Malaysia, remains sunken at the location, Velesto, the owner said Monday, adding that it has sent a notice of abandonment to the insurers…

Israel and Four Arab States Discuss Energy Sector

Jan 15, 2021

Israel's energy minister held a video conference call with his counterparts in the United Arab Emirates, Morocco, Sudan, and Bahrain for the first time on Thursday, according to a statement from his office.The Israeli minister, Yuval Steinitz…

U.S. Blacklists China's CNOOC over South China Sea Actions

Jan 14, 2021

The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South China Sea and ratcheting up tension days before U.S. President-elect Joe Biden takes office…

U.S. Adds China's CNOOC to Defense Blacklist

Dec 04, 2020

The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden prepares to take office.The Department…

Oil Major Chevron Tells Employees to Delete WeChat from Phones

Sep 23, 2020

U.S. oil giant Chevron Corp has asked employees globally to delete Tencent Holdings Ltd's WeChat from their work phones, following the Trump administration's executive order to ban the social media app, Bloomberg News reported https://bloom…

Smart network solutions that keep you connected and give you the competitive edge. Discover the Marlink Experience.

Sep 09, 2020

In today’s world, the power to connect, even in the most remote and challenging places, has never mattered more. Whatever your business or organisation, you need more than a communications supplier. You need a smart network solutions partner…

US-China Cold War Would Redirect Energy Flows

Jul 29, 2020

Worsening diplomatic relations between the United States and China are putting a spotlight on their economic inter-dependency in the context of global supply chains for both technology and energy.Top policymakers in the United States and some of its closest allies…

Japan's LNG Investments Drive Faces Risk of Souring

Jul 02, 2020

Japan's banks and public agencies have funneled nearly $25 billion into liquefied natural gas (LNG) projects since 2017 but the investments may sour as prices plummet from the COVID-19 pandemic and as climate change risks rise, a new study shows…

Industry Group Calls for 'Key Worker' Status for Offshore Energy Workers

May 29, 2020

The International Marine Contractors Association (IMCA) has said that it continues its work to have all offshore energy workers recognized as 'key workers', in order to facilitate the efficient movement of personnel during the Covid-19 pandemic…

Malaysia Calls for Peaceful End to South China Sea Standoff

Apr 23, 2020

Malaysia called on Thursday for disputes over the South China Sea to be resolved by peaceful means, amid a standoff between Chinese and Malaysian vessels that a U.S. think tank said had been going on for months.U.S. and Australian warships arrived…

Two U.S. Warships in South China Sea Amid China-Malaysia Standoff

Apr 21, 2020

Two U.S. warships are operating in the South China Sea, the Navy said on Tuesday, with three regional security sources saying they were near an area of a standoff between China and Malaysia.The Haiyang Dizhi 8, a Chinese government research ship…

U.S. Tells China to Stop 'Bullying Behavior' in South China Sea

Apr 20, 2020

The United States called on China on Saturday to stop 'bullying behavior' in the South China Sea and said it was concerned by reports of Beijing's 'provocative actions' aimed at offshore oil and gas developments in the disputed waters.Three…

Chinese, Malaysian Offshore Oil Vessels in South China Sea Standoff

Apr 17, 2020

A Chinese government survey ship is tagging an exploration vessel operated by Malaysia's state oil company Petronas in disputed waters in the South China Sea, three regional security sources said on Friday.China's Haiyang Dizhi 8 entered waters near Malaysia on Thursday…

Report: Borr Finds More Work for Mist Jack-Up Rig

Jan 29, 2020

Offshore drilling rig contractor Borr Drilling has reportedly secured more work for its Mist jack-up rig.According to Norwegian media, the Borr has secured an eight-month contract for the Keppel-built offshore drilling unit.Finansavisen recently reported that Svend Anton Maier…

Malaysian Stock Exchange to Delist Perisai

Jan 20, 2020

Malaysian offshore vessel and rig owner Perisai Petroleum Teknologi is about to get delisted after Bursa Malaysia decided to dismiss the company's request to give it more time to get its business in order.Perisai, which provides vessels and rig to the local oil and gas industry…

Logistics News

DP World Acquires Savan Logistics

DP World Acquires Savan Logistics

Saudi Red Sea Authority and NEOM Sign Tourism MoU

Saudi Red Sea Authority and NEOM Sign Tourism MoU

Matt Kaplan to Lead New Great Lakes Authority

Matt Kaplan to Lead New Great Lakes Authority

Montrose Becomes First Port in Scotland to Provide Shore Power for Vessels

Montrose Becomes First Port in Scotland to Provide Shore Power for Vessels

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