Asia News


Eni Takes Over Chevron's Stakes in Three Blocks in Indonesia

Jul 25, 2023

Italian oil and gas company Eni  said Tuesday it had acquired Chevron interests and operatorship in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore East Kalimantan…

Petronas Makes Six Oil and Gas Discoveries Offshore Sarawak

Jul 24, 2023

Malaysian oil and gas company Petronas Carigali said Monday it had made six oil and gas discoveries in five blocks offshore Sarawak, Malaysia.Petronas said that the discoveries were achieved on the back of an intensive domestic exploration drilling…

Sino-German Partnership to Build 500MW Offshore Wind Farm in Guangdong, China

Jul 21, 2023

Germany's chemicals giant BASF and China's wind turbine developer Mingyang have agreed to jointly construct and operate an offshore wind farm in South China. For this, the duo has created a joint venture company, Mingyang BASF New Energy (Zhanjiang) Co…

Japan to Establish LNG Reserves This Year

Jul 18, 2023

Japan will establish a liquefied natural gas (LNG) reserve system this year to secure gas resources for 'unexpected situations', industry minister Yasutoshi Nishimura said on Tuesday.Japan, the world's top LNG buyer along with China, is promoting…

Zarubezhneft to Sell Stake in Indonesia's Tuna Offshore Block

Jul 18, 2023

Russian oil and gas firm Zarubezhneft plans to sell its stake in Indonesia's Tuna gas project, the upstream regulator said on Tuesday, after its British partner said sanctions were complicating their joint development.Zarubezhneft is partnering British firm Harbour Energy…

Boskalis Installs All Foundations for Taiwan's Changfang & Xidao Offshore Wind Farm

Jul 17, 2023

Dutch marine services firm Boskalis said Monday it had completed the installation of all foundations for the 589 MW Changfang & Xidao offshore wind farm in Taiwan. 'In the last three years we installed 186 pin piles with our unique crane vessels…

Oilfield Services Giant SLB Halts All Shipments to Russia

Jul 17, 2023

Top oilfield services firm SLB on Friday said it is halting shipments of products and technology into Russia from all its operations over an expansion of Western sanctions.SLB, the world's largest oil service and equipment provider, was one…

Toshiba and General Electric to Establish Domestic Offshore Wind Supply Chain in Japan

Jul 17, 2023

Japan's Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported on Saturday, as Japan is expanding in renewable energy in a zero-carbon push. Japan's…

VIDEO: FPSO Bacalhau's Hull Leaves Chinese Shipyard

Jul 14, 2023

The hull of Brazil-bound FPSO Bacalhau has recently left the DSIC shipyard in China after 32 months of work. It will move to Singapore for topside module integration before heading out to Brazil where it will be deployed at a giant Equinor-operated offshore oil project…

Tseven Elise MOPU Starts Gas Production at Bayan Offshore Field in Malaysia

Jul 12, 2023

Gas production has started via Tanjung Offshore Services' Tseven Elise Mobile Offshore Production Unit (MOPU) at Petronas Carigali's Bayan field. The news was shared Wednesday by T7 Global, a parent company of Tanjung Offshore Services.In 2020…

Velesto Unveils PTTEP Jack-up Drilling Deal

Jul 11, 2023

Malaysian firm Velesto Drilling, a subsidiary of Velesto Energy, has secured a contract from the Thai-based oil firm PTTEP to provide a jack-up drilling rig for its offshore drilling program in Malaysia.In a statement on Tuesday, July 11, 2023…

Indonesia Seizes Iranian-Flagged Supertanker Suspected of Illegal Oil Transfer

Jul 11, 2023

Indonesia's coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude oil, and vowed to toughen maritime patrols.The MT Arman 114 was carrying 272,569 metric tons of light crude oil…

Valeura Energy Halts Production at Wassana Oil Field after FSO 'Contacts' CALM Buoy

Jul 07, 2023

Valeura Energy said Friday it had temporarily suspended production operations at the Wassana oil field, offshore the Gulf of Thailand after the floating storage and offloading vessel (“FSO”) stationed at the field deviated from its intended…

Thailand's PTT in Advanced Talks with Qatar for LNG Deal - Sources

Jul 07, 2023

Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.The oil and gas conglomerate is negotiating a supply of 1 or 2 million tonnes per annum (mtpa)…

McDermott Wins Shell Contract for Offshore Transportation and Installation Project in Malaysia

Jul 06, 2023

Offshore installation services firm McDermott has won a contract for an offshore transportation and installation project with Shell in Malaysia.The pipelay and heavy lift project offshore Sarawak in East Malaysia, awarded by Sarawak Shell Berhad (SSB)…

Current News

Remazel Expands Offshore Services Footprint in Brazil with H Tech Acquisition

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Asia’s Oil Reliance on Middle East Explained

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

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