Brazil is still one of the world’s biggest producers of machinery and equipment. In the first six months of 2007 the sector recorded growth of 10% in revenues compared with the same period last year. This is the scenario setting the optimistic tone for the 27th International Machinery and Industrial Supplies Trade Fair, the most [...]

Aker Kvaerner’s multi-million dollar integrated subsea oil and gas centre in Malaysia was officially opened, marking the successful conclusion of an ultra fast-track schedule to bring the facility on stream. Located in Port Klang Free Zone, Pulau Indah, Klang, the purpose-built manufacturing centre, with a total investment value of USD 100 million, is the first [...]

Construction was expected to begin this year on an oil pipeline from Myanmar’s deep-water port of Sittwe to south-western China, state media on Monday quoted a Chinese oil company as saying.
Executives from the state-owned oil giant Sinopec made the announcement Sunday but gave no date or timetable for the construction, the official Xinhua News Agency [...]

Technip has been awarded a contract worth approximately $150 million by Petrobras for the development of the Roncador field, located off the Brazilian coast. The Roncador P-54 project consists of eleven production and six water injection subsea wells, located at water depths down to 1,740 meters and connected in direct tie-back to the P-54 FPSO [...]

In the first decade of a century that the entire world agrees is Asia’s, this great continent — home to half the world’s peoples and resources — finds itself at a strategic crossroads. Will it be able to give rise to new architecture and institutions that foster stability, security, cooperation, and growth? Or will it [...]