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Singapore: OSEA set to take place between 19 to 21 November 2024

Event will bring together more than 500 exhibitors and around 18,000 visitors from 70+ countries.
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OSEA is set to take place between 19 to 21 November 2024 at Marina Bay Sands Singapore, leading discussions in the offshore industry on decarbonisation, future of offshore platforms and new energies.

The event will bring together more than 500 exhibitors and around 18,000 visitors from 70+ countries. With a focus on showcasing the latest technologies and sparking insightful discussions, OSEA 2024 offers a platform for industry players to connect, explore, and create new business opportunities in the rapidly evolving offshore energy landscape.

Attendees including government and offshore industry experts will be welcomed by Mr Alvin Tan, Minister of State, Ministry of Culture, Community and Youth & Ministry of Trade and Industry, at the Opening Ceremony on 19 November 2024.

This year’s exhibition floor is a hub for the offshore energy sector, combining oil, gas, and renewable energy exhibitors. Attendees will experience the latest innovations first-hand across 500+ exhibits, engage with cutting-edge products, and explore business possibilities with industry leaders, government officials, and academic experts. OSEA 2024 is designed for meaningful knowledge-sharing, with over 70 speakers addressing critical industry themes.

The event’s agenda will address pivotal questions for the sector’s future, such as Asia’s advancements in carbon capture, utilisation, and storage (CCUS) technology, the role of automation in decarbonisation, and what steps the region must take to build a scalable green hydrogen industry. Fixtures will also tackle policy, supply chain, and development challenges faced by the regional offshore wind industry, as industry leaders, government representatives, and academics explore solutions to these pressing issues. Moreover, speakers will explore how the offshore oil & gas industry is delivering on decarbonisation, and how technological advancements help it to go further.

OSEA 2024 also centres on connecting offshore industry professionals through exclusive networking events, including the Executive Networking sessions, the ABS Breakfast Forum, and the OSEA Academy. The Country Hotspot programme will further enhance opportunities for attendees to forge international partnerships and build industry networks, while specific pavilions – TechX, ClimateTech Zone, New-to-Show zone, Institute Higher Learning and Talent & Development Zones – provide insights into emerging technologies and market-specific developments from across the region.

“OSEA has long been committed to fostering collaboration and innovation across the offshore energy sector,” said Prof. Chan Eng Soon, Chairman of OSEA Advisory Committee. “This year’s event focuses on crucial discussions about the future of energy and sustainability, while also offering unparalleled networking and business development opportunities for attendees from around the world.”

Commenting on the opportunities for attendees, Mr. Sukumar Verma, Managing Director, Informa Markets Singapore said, “OSEA 2024 provides a unique forum for attendees to evaluate a wide range of competitive products, source innovative solutions across the energy value chain, and discuss industry challenges with peers from around the globe. For three days, OSEA 2024 will be the central meeting place for the offshore energy industry in Asia and further afield, bringing insights, innovation, and collaborative opportunities to support the industry’s journey towards a more sustainable energy future.”

For more information on OSEA 2024, please visit www.osea-asia.com.

 

Photo credit: Informa Markets
Published: 11 November 2024

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.
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July 21, 2026

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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