Philippines Mulls Massive Military Spend
Philippine generals on Wednesday asked Congress to almost triple annual defence spending over the next five years to upgrade equipment amid an escalating marine dispute with giant neighbour China. The Philippines currently is in the middle of a 998 billion pesos ($21.95 billion) 15-year plan to modernize its armed forces in the face of rising tensions in the South China Sea. "The gaps between our needed defence articles and the levels of our current inventory are too wide to ignore…
Offshore Oil: Mammoet Installs Platform for Shell
Mammoet installed the Malampaya Phase 3 Depletion Compression Platform in the West Philippine Sea for Shell Philippines Exploration b.v. The Malampaya Depletion Compression Platform (DCP) is a new type of ‘self-installing platform;’ the platform floats into place over its end-location after which the legs are lowered onto the prepared seabed. It uses a pre-installed jacking system to enable the 80m legs to be jacked down and lift the platform from the water to its final position.
