Kutei Basin News


Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Santos Hires Shearwater for Seismic Surveys Off W. Australia

Jan 26, 2022

Marine seismic survey services contractor Shearwater GeoServices has secured contracts for two multicomponent surveys offshore Western Australia with the oil and gas company Santos.The two-month program covers the Keraudren North Extension with an area of approximately 680 sqkm in the Bedout Basin…

ASCO Nets Two 5-Year Deals to Support Waitsia Gas Field Project in Australia

Jan 25, 2022

Logistics and materials management company, ASCO, has been awarded two 5-year contracts with Mitsui E&P Australia (MEPAU) for logistics & storage and camp management provision to support the Stage 2 development drilling campaign in 2022 of the Waitsia gas field project in Australia…

Beach Energy Awards Thylacine Field Deal to DOF Subsea

Dec 17, 2021

Offshore vessel owner DOF Subsea Australia has secured a contract with oil and gas company Beach Energy for the Otway Offshore Phase 5 - transport and installation project in Australia.'After collecting all permanent equipment from vendors and transportation to the offshore site…

PGS, Partners Start 3D Survey Off Malaysia

Nov 03, 2021

Norwegian marine seismic data acquisition company PGS has started a multiclient 3D survey in the Sarawak Basin, Malaysia.The survey is being carried out on behalf of the seismic consortium comprising PGS, TGS, and WesternGeco, using the Ramform Sovereign vessel…

Beach Energy CEO Resigns

Nov 02, 2021

Matt Kay, the Managing Director and Chief Executive Officer of the Australian oil and gas company Beach Energy, has tendered his resignation and is departing Beach to pursue other professional opportunities. Morné Engelbrecht – who is currently…

Beach Energy Hires Wood for Trefoil Development FEED (Australia)

Oct 13, 2021

Wood, a UK-based provider of consultancy and engineering services to the international offshore energy industry, has secured two Front End Engineering and Design (FEED) contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin…

Rex Gets Hold of Two Small Oil Fields Offshore Malaysia

Aug 30, 2021

Oil and gas companies Rex International and Duta Marine have been awarded rights to operate the Rhu-Ara and Diwangsa clusters offshore Malaysia.  Petronas signed the two Small Field Asset (SFA) Production Sharing Contracts with the two companies…

Pharos Wraps Seismic Survey Off Vietnam. Eyes Drilling Partner

Jul 30, 2021

Pharos Energy said Thursday it had completed its 3D seismic program on the western part of Block 125 in the Phu Khanh Basin, 'the last unexplored frontier offshore Vietnam.' The company hopes the data will help it attract a drilling partner…

TGS, PGS, WesternGeco in 6,400 sq km Seismic Survey Offshore Malaysia

Jul 22, 2021

Offshore seismic data and services trio TGS, PGS, and Schlumberger's WesternGeco, have secured pre-funding for a 6,400 square kilometer multi-client 3D survey starting in October in the Sarawak Basin, offshore Malaysia.The survey is the first…

Australia Allocates Funds for Six Carbon Capture Projects

Jun 08, 2021

The Australian government picked six-carbon capture, use, and storage projects on Monday to receive a total of A$50 million ($39 million) in funds as it looks to accelerate the development of the technology to cut emissions.Carbon capture has…

Eni Starts Gas Production at Merakes Project off Indonesia

Apr 27, 2021

Italian supermajor Eni said it has commenced gas production from the deepwater Merakes project, located in the East Sepinggan block in the Makassar Strait, offshore East Kalimantan, Indonesia.The development sits in approximately 1,500 meters water depth in the Kutei Basin…

Beach Energy Strikes Gas in Otway Basin, Offshore Australia

Mar 23, 2021

Australian oil and gas company Beach Energy said Monday it had made a gas discovery at the Artisan-1 exploration well located offshore Victoria Otway Basin in Australia.The Artisan 1 exploration well was spudded by the Diamond Offshore Ocean Onyx rig on February 23…

Malaysia Petronas Launches Offshore Bid Round

Mar 02, 2021

Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…

Current News

Indonesia's Medco Starts Production at Natuna Sea Fields

Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea

ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

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TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

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