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Oil & Gas Asia Pacific
Singapore LNG to develop second gas terminal
The Singapore Liquified Natural Gas Corporation will be developing and operating a floating storage and regasification unit with a capacity of 5 million tons per annum in the city state
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Oil & Gas Asia Pacific
Herbert Smith hires energy partner in Japan
Herber Smith Freehills has hired Lachlan Clancy as its newest energy partner in Japan, the law firm announced on social media yesterday
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Oil & Gas Asia Pacific
Uzbekneftgaz partners for gas production
Uzbekneftgaz JSC is discussing implementation of new projects and technologies to improve gas production in Uzbekistan’s gas fields
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Oil & Gas Asia Pacific
Braskem opens Tokyo office
Braskem has opened a representative office in Tokyo to further capitalize on the demand for their ‘I’m green’ bio-based polyethylene products in Japan
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Oil & Gas Asia Pacific
Medco prices Indonesia’s first HY bond of 2023
Indonesian oil & gas major Medco Energi Internasional has priced a $500 million 5.5 year non-call 2-year senior first lien dollar bond, the first high-yield rated bond from the country in 2023
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Oil & Gas Asia Pacific
Medco tap bonds for refi, acquisition
Indonesian oil & gas major Medco Energi Internasional is in the market with a potential 5.5 year non-call 2-year senior first lien dollar bond
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Oil & Gas Asia Pacific
Sinopec inks equity deal for Kazak polyethylene
China Petroleum & Chemical Corporation signed a purchase and sale contract where they acquired 30% stake in a upcoming polyethylene production plant in Kazakhstan
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Oil & Gas Asia Pacific
Mytilineos, SK E&S ink renewables MoUs
Mytilineos Energy and Metals has signed an MoU with SK E&S to further explore opportunities in the energy sector including renewable energy, hydrogen and liquified natural gas in South Korea
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Oil & Gas Asia Pacific
Malaysian petchem heads towards financial close
The $5 billion Pengerang Energy Complex in Malaysia is heading towards financial close backed by commercial and Islamic financing tranches
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Oil & Gas Asia Pacific
Buru Energy awards pre-FEED for Oz project
Australia-headquartered Buru Energy has awarded GHD a pre-front end engineering design study for an upstream phase 1 involving a gas-fired power plant in Western Australia
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Oil & Gas Asia Pacific
IFC appoints country manager for Uzbek, Turkmenistan
IFC has appointed Neil McKain as country manager for Uzbekistan and Turkmenistan from the European Bank for Reconstruction and Development
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Oil & Gas Asia Pacific
Brookfield, MidOcean get nod for Origin buyout, Oz
The consortium of Brookfield and EIG-backed MidOcean have received regulatory approval for its bid to take over Aussie electricity generator Origin Energy
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Oil & Gas Asia Pacific
Jadestone Energy in uptick on RBL facility
Jadestone Energy, an independent oil and gas producer, said today that its borrowing capacity under the reserve-based lending facility will be $200 million against $190 million previously forecasted
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Oil & Gas Asia Pacific
MET Group expands into Asia-Pacific
Swiss-based MET Group has opened its office in Singapore through its subsidiary MET Asia with the global energy major holding 90% and the remaining 10% stake owned by Keppel
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Oil & Gas Asia Pacific
MUFG poaches China head from JPM
MUFG Bank has poached senior investment banker Benjamin Lam from JPMorgan Chase Bank of China to lead its China business
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Oil & Gas Asia Pacific
Prax hires managing director for Asia, Middle East
Prax Group, a London-headquartered oil major, has appointed Maarten van Wesemael as its new managing director for the Middle East and Asia
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Oil & Gas Asia Pacific
Natixis hires head of M&A, SEA and India
Natixis Corporate & Investment Banking has appointed Abbas Rangwala as the head of M&A, Southeast Asia & India, a newly created role
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Oil & Gas Asia Pacific
Delmas to head TotalEnergies Australia
David Delmas has taken up the role of managing director for Australia at TotalEnergies, where he will relocate from Singapore to Sydney, Australia
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Oil & Gas Asia Pacific
AustralianSuper ups stake in Origin, Oz
Australian superannuation fund AustralianSuper has increased its stake in Australian electricity retailer Origin Energy amid a takeover offer by Brookfield and EIG’s MidOcean Energy