Tag: asia
Sapura Energy secures USD 716.7M of drilling contracts
Sapura Energy secured contracts with PTTEP, Chevron, ExxonMobil, and EnQuest, boosting its order book to USD 1.95 billion and ensuring long-term offshore drilling operations in Asia.
LNG under pressure from high prices and demand
Several factors are driving up the price of natural gas and stimulating demand for LNG. The demand for LNG continues to grow.
SE Asia a growing market for specialized equipment
Wire Arc Additive Manufacturing allows 3D-printing of large objects at less expense and in a far shorter time. After years of extensive research, commercialization has begun, and heavy industry is set to be transformed.
Asia to contribute 40% of capacity growth by 2024
Asia is expected to lead the global refining industry by contributing about 40% of refining capacity additions from planned and announced (new-build) projects between 2020 and 2024, says GlobalData.
Asia accounts for 53% of global EDC capacity by 2023
Asia is set to lead the capacity growth in the global ethylene dichloride (EDC) industry from planned and announced projects, contributing around 53% of the global growth between 2019 and 2023, says GlobalData.
Asia contributes 36% of CDU capacity growth by 2023
Asia is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 36% of global CDU capacity growth by 2023, according to GlobalData.