Asia News


Japan's Cosmo Awarded Offshore Exploration Concession in Abu Dhabi

Feb 10, 2021

Japanese oil company Cosmo has been awarded exploration concession for Offshore Block 4 in Abu Dhabi, ADNOC, the Abu Dhabi national oil firm said.Under the agreement, Cosmo will own a 100 percent stake in the exploration phase, investing up to $145 million towards exploration and appraisal drilling…

PTTEP, Petronas Make Significant Gas Find Offshore Sarawak, Malaysia

Feb 10, 2021

Malaysian oil firm Petronas and Thailand's PTTEP on Wednesday announced they'd made a large gas discovery at the Lang Lebah-2 well, offshore Sarawak, Malaysia.The well is located in Block SK410B, in the Central Luconia Province, about 80 kilometers off the coast of Sarawak…

Sapura Energy Says Brazilian JV Unaffected by Seadrill's Chapter 11 Filings

Feb 09, 2021

Malaysian offshore energy services firm Sapura Energy said that its Brazilian joint venture with Seadrill is not affected by Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia. Sapura Energy said it was responding to media…

CNOOC's Giant Semi-submersible Platform Arrives at Lingshui 17-2 Field

Feb 09, 2021

China's offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project in the South China Sea, a state-owned media has reported…

Petronas Assisting Workers Stranded on Offshore Rig in Myanmar after Coup

Feb 08, 2021

Following reports that workers aboard Petronas' Yetagun oil platform off Myanmar were stranded due to a military coup in the country, the Malaysian oil firm said it was working to ensure the safety of those aboard.'Petronas is extending the…

Petronas Launches Tender for 16 Offshore Support Vessels

Feb 08, 2021

Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first…

South Korea's KNOC Hires Maersk Drilling's Drillship

Feb 08, 2021

South Korean national oil company KNOC has booked the Maersk Viking drillship to drill one exploration well in Block 6-1 offshore South Korea.Maersk Drilling, the owner of the offshore drilling rig, said Monday the would begin in June 2021, in direct continuation of the rig’s previous work scope…

Guyana Terminates Taiwan Office Deal amid China Pressure

Feb 05, 2021

Guyana on Thursday abruptly terminated an agreement with Taiwan to open an office in the South American country, hours after China urged Georgetown to 'correct their mistake.'Taiwan's foreign ministry earlier on Thursday said it had signed an agreement with Guyana on Jan…

Malaysia: Icon Offshore Clinches Drilling Contract with Petrofac

Feb 04, 2021

Oilfield services firm Petrofac has awarded Icon Offshore a contract for the supply of a jack-up drilling rig for drilling at the PM304 block offshore Malaysia.Under the contract, Icon Offshore, through its subsidiary Persiai Offshore, will supply the Perisai Pacific 101 jack-up drilling rig…

India's ONGC Extends Drilling Contract for Vantage Explorer Drillship

Feb 03, 2021

Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…

UK, Japan Concerned Over East, South China Seas Situation

Feb 03, 2021

Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…

Former Petronas CEO Joins ExxonMobil Board

Feb 02, 2021

ExxonMobil added a new director to its board after months of investor pressure and the top U.S. oil producer on Tuesday also posted its first annual loss as a public company due to the COVID-19 pandemic hammering energy prices.Tan Sri Wan Zulkiflee Wan Ariffin…

Three60 Energy to Provide Duty Holder Services for FPSO Intrepid

Feb 02, 2021

Three60 Energy, a UK-based energy services company, will be providing Duty Holder O&M services to the FPSO Intrepid, currently producing from the Galoc Field, located offshore Palawan Island in the Philippines, in what is the company's first such contract outside of the UK…

Woodside Halts Some Activity in Myanmar After Coup

Feb 02, 2021

Australia's Woodside Petroleum has put some activity on hold in Myanmar after generals seized power and detained elected leader Aung San Suu Kyi, and said on Tuesday it was monitoring the changing situation in the country.Woodside has been working…

Awilco Drilling CEO Resigns as Rig Cancellations 'Change Prerequisites'

Feb 01, 2021

Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which…

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