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In the beginning of 2017, China and Brunei joined forces in a joint petrochemical venture, resulting in the Hengyi Industries Sdn Bhd. The project is located on a small island close to the Bruneian capital of Bandar Seri Begawan, Pulau Muara Besar (PMB). Under China’s Belt and Road Initiative (BRI), the 3.5 billion US dollar investment marks Brunei’s largest foreign direct investment. Due to this project, Brunei’s GDP is expected...
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In Singapore’s marine and offshore dormitories, foreign workers who were initially exempted from the government-imposed lockdown are now being confined to their living quarters. The great number of those in the foreign workforce creates a gap in the project activity for the shipping and marine facilities. Across the country, contractors in the related industry sought clarification from the government after being granted special access to remain on duty and operational...
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Only recently, a small fire occurred that left the unfortunate individual with first and second degree burns. This led to the issuance of a safety alert by the International Association of Oil and Gas Producers since the unpredictable fire occurred as a result of an individual getting burnt from using hand sanitiser. The alcohol-based hand sanitiser was not left to dry and evaporate fully when the person proceeded to touch...
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Just this week, a devastating crash occurred during load testing in an offshore wind farm installation vessel in Rostock, Germany. Investigation on the cause of the giant crane’s crash is still underway, with major damage to the hull. Industry officials who are based in Asia stated that the structure stayed afloat despite the amount of damage. Footage of the unfortunate event was captured by Offshorewind EU and can be viewed...
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As more countries continue to extend their quarantine period due to the pandemic and its ceaselessly rising numbers, Petroliam Nasional Berhad, Malaysia’s petroleum giant warns of incoming project delays.  The state-owned energy company currently operates in over 20 countries that include the Americas and in an attempt to maintain capital expenditure, will see a number of setbacks.  Earlier this year, the forecast for domestic expenditure stood at a maximum of...
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