Topic
indonesia
Commodities Caspian Offshore Construction expands fleet with newbuild AHTS
Kazakhstan-based offshore marine service provider Caspian Offshore Construction (COC) has acquired a new anchor handling tug supply (AHTS) vessel, the Caspian Yili, from Sinopacific Engineering & Contracting. The vessel, featuring 90 tonnes of bollard pull and DP2 capability, is the company's largest and is expected to join the fleet in Q4 2026. The acquisition supports COC's strategy to expand in international offshore markets.
Trade India, Indonesia Strengthen Trade Ties Amid Strategic Talks
India and Indonesia are enhancing their bilateral trade and defense cooperation following the 8th Joint Commission Meeting. Key discussions included maritime trade, investments, and security, building on the Comprehensive Strategic Partnership established in 2018.
Commodities Conrad Secures Jackup Rig for Indonesian Gas Field Development
Conrad Asia Energy has secured a jackup drilling rig from Pertamina Drilling for the Mako Gas Field in Indonesia. This move marks a significant step in the development of the Duyung PSC, with drilling expected to commence in 2027.