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John Westwood, Group Chairman of Douglas-Westwood and Dan Eberhart, CEO of Canary USA, reveal insights on the future of oil and gas in the region SINGAPORE, Sept 16, 2014 - (ACN Newswire) - The Asia-Pacific is a huge, growing market for the oil and gas industry from 2000 to 2010, accounting for 56% of the increase in global primary oil demand. The Baker Institute estimates that it will account for 70% of global oil demand from 2010 to 2020. The region will also be boosted by the development of both onshore and offshore gas markets, driven by growing regional demand and high gas prices in Japan and South Korea. Countries such as China, Indonesia and Australia are developing shale gas and CBM projects in the long term, while the offshore market will see FLNG projects and drilling projects at shallow water gas well and some deepwater areas. As the region relies heavily o... (more)

Oil & Gas Myanmar to Develop Supply Chain for Local Oil and Gas Eco-System

SINGAPORE, Sept 16, 2014 - (ACN Newswire) - The inaugural edition of Oil & Gas Myanmar is aiming to be a key driver in establishing a holistic supply chain of equipment and services for the burgeoning oil and gas industry in Myanmar. The exhibition, held from 15 - 17 Oct 2014, will feature more than 100 exhibitors from 22 countries/regions covering products and expertise catering to the upstream, midstream and downstream sectors of the industry. "Myanmar opening the industry to international energy companies, has triggered a growing demand for the correct equipment and capabilities... (more)

Garuda Indonesia to Introduce Jakarta - Nagoya Service in April 2015

JAKARTA, Sept 9, 2014 - (ACN Newswire) - Garuda Indonesia will introduce Jakarta - Nagoya route in April 2015, to meet market demand and broaden its flight network in Japan. Jakarta - Nagoya service is also part of the airline's "network" expansion program, especially in the international sector to and from Indonesia and Japan. President & CEO Garuda Indonesia Emirsyah Satar said that reopening the Nagoya route was a strategy to expand the Garuda network to Japan and beyond. "Japan is very important to Garuda Indonesia. For more than 50 years, Garuda Indonesia has shown its suppo... (more)

More Innovative Aerospace & Defense Manufacturing

Rick Byrens and Jeff Lassiter of Alliance Spacesystems, a solution provider at the marcus evans Aerospace & Defense Manufacturing Summit 2014, on how outsourcing of composites manufacturing for spacecraft could lead to a more efficient supply chain. NEW YORK, NY, Sept 15, 2014 - (ACN Newswire) - Many of the prime satellite contractors in the US aerospace and defense manufacturing industry are not taking full advantage of the process innovation and cost benefits that an outsourced manufacturing model for major composite structures could bring to bear, according to Rick Byrens, Pre... (more)

World's Largest Timepiece Trade Fair to Open Next Week

Hong Kong Watch & Clock Design Competition Winners Announced Hong Kong, Aug 26, 2014 - (ACN Newswire) - The 33rd HKTDC Hong Kong Watch & Clock Fair, the largest event of its kind in the world, opens next week from 3-7 September with more than 760 exhibitors from 19 countries and regions taking part. As a prelude to the fair, winners of the 31st Hong Kong Watch & Clock Design Competition were unveiled today. Time to Shine The Design Competition attracted around 180 entries under the themes of Time Controls World and Smart World for open and student entries respectively. The Open Group... (more)