Kutei Basin News


Santos Nabs Exploration Permit Offshore W. Australia

Dec 24, 2020

Australian oil and gas company Santos has been granted an offshore exploration license in Northern Carnarvon Basin, offshore W. Australia.The Exploration Permit WA-546-P was granted by National Offshore Petroleum Titles Administrator (NOPTA) earlier this week…

Australia: ExxonMobil Calls Off Sale of Gippsland Basin Fields

Nov 30, 2020

ExxonMobil has called off the potential multibillion-dollar sale of its oil and gas assets in Australia’s Bass Strait, according to the Australian Financial Review.The decision by the U.S. oil major comes just six weeks after the deadline for…

Australia: Beach Energy Strikes Gas at Otway Basin Well

Nov 10, 2020

Australian oil and gas company Beach Energy has made a gas discovery at Enterprise 1 well in license VIC/P42(V) in the nearshore Victorian Otway Basin, Australia.The Enterprise 1 was spud from an onshore location, 3.5 km from Port Campbell and 8 km from the Otway Gas Plant…

BP Spuds Ironbark-1 Well Offshore Australia

Nov 02, 2020

BP has started drilling at the Ironbark-1 exploration well in the WA-359-P in the Carnarvon Basin, offshore Western Australia.According to Cue Energy, a partner in the project, the drilling started at 07:30hrs (AWST) on 31 October 2020. BP is…

PGS, TGS and WesternGeco Score Multi-year Seismic Deal with Petronas

Oct 26, 2020

Malaysian oil company Petronas has awarded a multi-year offshore seismic data acquisition and processing contract to a consortium comprising TGS, PGS, and WesternGeco.The multi-year contract is for the acquisition and processing of up to 105…

Australia: Hibiscus Enters Gippsland Basin Block

Oct 09, 2020

Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…

Eni to Take Over Indonesian Deepwater Development?

Sep 30, 2020

Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…

CNOOC Makes 'Significant' Discovery Offshore China

Jun 29, 2020

Chinese oil and gas company CNOOC has said it has made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.CNOOC on Monday said the discovery was expected to become the first mid-to-large sized condensate oil and gas field in the shallow water area of Pearl River Mouth Basin…

Red Emperor Won't Exercise Option to Buy Perth Basin Block Stake

Jun 08, 2020

Oil and gas company Red Emperor Resources NL will not be exercising its option to acquire a 70% operated interest in the Perth Basin exploration permit, WA-481-P, offshore AustraliaThe company had in late 2019 agreed to fund the completion of…

Conrad: Mako Discovery One of 'Largest Ever' in West Natuna Basin

May 26, 2020

Conrad Petroleum, the operator of the Duyung offshore block in Indonesia containing the Mako gas field, has said that an independent resource audit has shown that  Mako is one of the largest gas fields ever discovered in West Natuna Basin.Following the drilling campaign completed in late 2019…

Beach Energy Ends Diamond Offshore Drilling Rig Deal Citing Late Arrival Date

Apr 20, 2020

Australian oil and gas company Beach Energy has terminated the contract for Diamond Offshore's Ocean Onyx semi-submersible drilling rig, citing delays in the rig's arrival.The rig was to be used by Beach Energy at the Victorian Otway Basin, however…

COVID 19: Only Essential Crew on OMV NZ Offshore Platforms

Apr 15, 2020

Austrian oil and gas company OMV has de-manned its offshore platforms in the Taranaki Basin in New Zealand to only essential crews due to the COVID-19 pandemic.Responding to request for comment by Offshore Engineer on how it is dealing with the COVID-19 situation…

CNOOC Makes Large Discovery in Bohai Bay

Mar 16, 2020

China's CNOOC Ltd said on Monday that it made a large-sized discovery in Bohai Bay offshore China.Located in the Laizhou Bay in southern Bohai basin, the Kenli 6-1 discovery  is expected to produce around 1,178 barrels of oil per day, the company said in a statement…

TGS Plans 3D Seismic Survey in Carnarvon Basin off Australia

Mar 06, 2020

Norwegian offshore seismic data acquisition and processing company TGS is planning to carry out a seismic survey in the Carnarvon Basin, off Australia, and the Australian offshore safety regulator NOPSEMA has opened the TGS for public comment…

KrisEnergy Ditches Vietnam Block to Focus on Cambodia

Feb 14, 2020

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…

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

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

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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