Asia News


China's CNOOC Aims for 28% Oil Output Growth at Home by 2025

Aug 26, 2022

Chinese offshore oil and gas major CNOOC expects its annual domestic crude oil production to reach 1.2 million barrels per day by 2025, 28% above its current level.The targeted output compares to first-half production offshore China in 2022 of 169…

Japan's JERA Pens New LNG deal with Russia's Sakhalin-2

Aug 26, 2022

Japan's JERA has signed a deal with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term deliveries of liquefied natural gas (LNG), a spokesperson for the country's biggest power generator said on Friday.Russian…

Velesto Nets $13,4M P&A Work at Petronas' Tembungo Offshore Field

Aug 26, 2022

Malaysian oil and gas company Petronas has awarded a contract to the offshore services firm Velesto for the plugging and abandonment services at Tembungo A & B platforms offshore Sabah, Malaysia.Velesto said Thursday that the contract had an…

Helix Wins Offshore Decommissioning Work in Thailand

Aug 26, 2022

Helix Robotics Solutions has won a 180-day contract by a local Thailand contractor to perform decommissioning services using the subsea construction vessel Grand Canyon II.The company, a robotics branch of the Helix Energy Solutions Group, said…

Australia: Santos Limits Barossa Gas Drilling Pending Court Decision

Aug 26, 2022

Santos Ltd has agreed to pause some drilling on the Barossa gas project in waters off northern Australia pending a court decision on a challenge by a group of Indigenous land owners seeking to stop the $3.5 billion project.Hearings on the case concluded on Friday at the Federal Court in Darwin…

Japan's Windy Network Acquires Saab Seaeye Falcon ROV

Aug 25, 2022

Windy Network, a Japanese 3D survey company, has chosen a Saab Seaeye Falcon underwater remotely operated vehicle for its operations.The company plans to deploy the ROV on a wide range of missions, including academic research, marine archaeology…

Myanmar Earns $800M from April-July Gas Exports

Aug 25, 2022

Military-ruled Myanmar earned $800 million from natural gas exports mainly to China and Thailand, between April and July, the junta said in the state newspaper on Thursday.The country has been embroiled in chaos since the military overthrew…

Dijkstra Takes Over as Jadeston Energy CFO

Aug 22, 2022

Bert-Jaap Dijkstra was officially appointed Chief Financial Officer and director of the oil and gas company on Monday, 22 August 2022.Dijkstra joins Jadestone Energy from SBM Offshore, the Dutch FPSO leasing specialist. His planned appointment was first announced in June 2022…

Japanese Firms Working on Ammonia Floating Storage & Regasification Barge

Aug 22, 2022

NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) have signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the…

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

Aug 19, 2022

Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in the country's East and West coasts.The two oil explorers…

FEED Contract Awarded for Ulsan Gray Whale 3 Floating Wind Farm in S. Korea

Aug 17, 2022

Technip Energies, in consortium with Subsea 7 and Samkang M&T, has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea…

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Aug 16, 2022

Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…

Dayang Pens Deal with Shell for Dayang Cempaka Vessel

Aug 16, 2022

Malaysia's Dayang Enterprise has won a contract with Shell for the supply of landing craft tank (LCT) Dayang Cempaka in Malaysia.Dayang won the contract through its subsidiary DESB Marine Services (“DESB Marine”).The value of the contract is…

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Aug 12, 2022

Asia Pacific-focused oil and gas company Jadestone has decided to shut production from its Montara field FPSO in the Timor Sea, off Australia, to allow for repairs on a tank that leaked oil back in June through a 30-millimeter crack.While the…

Sembcorp Marine Cuts Losses as Easing COVID Curbs Aid Project Deliveries

Aug 11, 2022

Singapore's Sembcorp Marine Ltd (Sembmarine) said on Friday its half-year loss narrowed 78% from a year earlier, as the oil rig builder finished delayed projects after pandemic curbs were eased while also benefiting from cost management.The…

Current News

Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains

OSV Market: Asia Pacific Downshifts for the Long Haul

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Governments Move to Shield Economies as Oil Jumps 25%

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

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