KrisEnergy, an oil company focused on Southeast Asia, has been served a claim by Rubicon demanding a $2.84 payment in relation to a 2014-charter of the Rubicon Vantage FPSO, deployed at KrisEnergy's Wassana field as an FSO. Rubicon has, according to KrisEnergy…
A contractor working at Shell's Pulau Bukom manufacturing site in Singapore has contracted the new coronavirus, the company said on Friday, as the city-state reported its biggest jump in new cases so far. The Bukom manufacturing site in Singapore houses Shell's biggest wholly-owned refinery…
A North Sea oil worker who had developed what were believed to be new coronavirus symptoms has tested negative.The worker, a crewmember on Taqa’s Tern Alpha platform, was reported to have had “minor symptoms after returning recently from holiday in Thailand…
Southeast Asia-focused oil company KrisEnergy has agreed to transfer its Block 115/09 offshore Vietnam to an undisclosed international oil company.Debt-laden KrisEnergy said it would transfer its entire 100% working interest in Block 115/09 for nominal cash consideration…
Norwegian seismic player has made available final data of its PGS Mawson MultiClient 3D seismic survey covering the prospective North Carnarvon Basin of Australia.'The Mawson 3D survey applied a modern, triple-source GeoStreamer 3D survey design…
Australia's Woodside Petroleum Ltd warned on Thursday the coronavirus outbreak is hampering its efforts to seal gas deals and sell stakes in a key growth project, as it reported a 25% drop in annual underlying profit. The profit fall was in…
Indonesia plans to set up or designate a state firm to carry out upstream oil and gas activities, to try to curb red tape and regulations that are blamed for hindering investment in Southeast Asia's biggest economy. The government of President…
Singapore's Sembcorp Marine is in talks to sell two drillships previously ordered by Brazil's Sete Group.Sete was established in the early 2010s as a drilling contractor that would lease rigs to Petrobras. Petrobras had committed to charter 28 offshore drilling rigs at the time…
China is set to see a massive lift in demand for natural gas with current usage rates set to more than triple over the next 15 years.This comes as the Chinese government pushes for a switch to cleaner energy sources from coal, implementing policies…
Malaysian offshore services company Dayang Enterprise has won a contract to provide modification works at CARIGALI-PTTEPI OPERATING COMPANY's (CPOC) offshore blocks.Dayang said on Tuesday that the contract was for modification works for Block B-17 & C-19 and B-17-01…
India's D1 D3 offshore gas field, the country's first deepwater gas development to be brought online, has ceased production, Reliance and BP joint venture said Monday.The field, in Block KG D6 (KG-DWN-98/3), off the east coast of India, started producing gas in April 2009…
The Southeast Asian focused oil company Coro Energy will not be buying a share in the Bulu PSC, offshore Indonesia, citing increased risks around the Bulu project.'The company had in September 2018 agreed to buy a 42.5% interest in the shallow water (60m) block offshore East Java…
Thai oil company PTTEP reported a 40 percent rise in the full-year net profit, boosted by increased sales volumes from acquired assets and an increased stake in the Bongkot offshore field.Its 2019 net profit was 1,569 million, increasing by 40% from 2018…
Malaysian oilfield services provider Dayang has won two contracts with the country's oil and gas giant Petronas.Dayang said Tuesday that the contracts were for the provision of integrated hook-up and commissioning (i-HUC) services for Petronas Carigali through Package B: SBA and Package D: SKO…
Spanish oil firm Repsol has hired Malaysia's Tanjung Offshore services for offshore work in Malaysia and Vietnam.Tanjung Offshore, a subsidiary of T7 Global, will provide maintenance, construction, and modification services at Repsol's PM3-CAA block located between Malaysia and Vietnam…
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