Petroliam Nasional (Petronas) and Saudi Aramco have started the signing process of their 15-year US$9.7bn loan facility, about eight months since it was launched to the market last year.
Solar developer Sunseap has secured a S$50m (US$37m) loan facility to finance the development of a 50MW portfolio of rooftop solar projects in Singapore, the first such financing in the region.
Troubled water treatment company Hyflux cancelled the rescue deal that was offered by SM Investments of Indonesia.
Cocopower Energy has submitted an unsolicited proposal to develop a waste-to-energy project in the freeport area in Mariveles, Bataan.
The Asian Development Bank (ADB) has shortlisted law firms to be its legal counsel for road projects in Myanmar. The list is believed to include Pinsent Masons.
State port operator Pelabuhan Indonesia (Pelindo) III is planning to develop an LNG terminal at the Teluk Lamong Terminal, Tanjung Perak Port in Surabaya.
Nebras Power is keeping its 35.5% stake in Paiton Energy, rejecting speculation that the Qatari energy company was considering selling its interest.
Inpex’s Masela liquefied natural gas terminal project continues to be delayed by talks over the cost. The Indonesian government and Inpex Corporation have yet to reach agreement on the cost of the LNG plant as their respective estimates have been different.
OneEnergy Asia will be changing the technology it will apply to its US$2.2bn Vung Ang 2 coal-fired power plant in the Ha Tinh province of Vietnam.
The NAIA Consortium has until the end of April to complete its concession agreement with the government for the repair and modernisation of Ninoy Aquino International Airport (NAIA).
The Philippines’ Department of Transportation (DoTr) is expected to award the concession to develop and operate an international airport in Bulacan by Q3.
Shell Philippines Exploration (SPEx) is seeking a six-year extension of Service Contract 38, the Malampaya natural gas field, to explore other areas in northwest Palawan. Shell’s current contract will expire in 2024.
The Philippines’ Department of Transportation has received an unsolicited proposal for an operation and maintenance contract for the Siargao Airport (Sayak Airport) in Surigao del Norte in Mindanao.
Meralco Marubeni Corp, a consortium comprising Manila Electric (60%), Marubeni (20%), Kansai Electric Power (10%) and Chubu Electric Power (10%), has signed a joint venture agreement with Bases Conversion & Development Authority (BCDA) for the power distribution project in New Clark City.
A joint venture of ITP Construction and Maharlika Bulk Water plans to submit an unsolicited water supply proposal to Metropolitan Waterworks and Sewerage System (MWSS), the water agency for the Metro Manila region.