Undaunted by hefty writedowns on its Australian gas assets, Royal Dutch Shell sees its liquefied natural gas business and 'new energy' acquisitions Down Under as core to its long term plans, the Australian unit's chairman said on Tuesday.As…
Airborne Oil & Gas has received an order for the delivery of two Thermoplastic Composite Pipe (TCP) Jumpers, in what the company says is the first time its TCP technology is being used in the region.The Dutch company has been contracted by Subsea 7 to supply 2” 10…
British oil major BP has signed a gas supply agreement with China's ENN Group (ENN) for the supply of 300,000 tonnes per year of pipeline gas re-gasified from LNG for two years from January 1, 2021, in Guangdong, China. The LNG will be received…
Thai-based offshore services provider Mermaid Maritime has said it has launched a business branch focused on offshore transportation, installation and decommissioning.Mermaid said Tuesday its new business unit’s immediate target is potential…
Southeast Asian focused upstream oil and gas company Coro Energy has received all the necessary approvals by the Indonesian Government and has completed the acquisition of an interest in the Duyung offshore block, containing the Mako gas field…
Indonesia's upstream oil and gas regulator SKK Migas will ask the Transport Ministry to exempt the sector from its ban on air and sea travel to reduce disruptions to drilling operations, an official at the regulator said on Friday.To curb the…
Subsea 7 has won what it describes as 'a large contract' by ConocoPhillips in Australia. Subsea 7 defines a large contract as between $300 million and $500 million.The contract is for the supply of the SURF scope for the Barossa Project. The…
The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…
Several analysts cut their gas demand forecasts for China, the world's top gas importer, as the fast-spreading coronavirus outbreak is expected to depress industrial, commercial and transportation appetite over the next few months.Estimates…
Neptune Energy has acquired from Eni a 20% participating interest in the in the East Sepinggan area offshore Indonesia.Eni, with 65% interest, will continue to be the operator of the area which is located in the East Sepinggan area, offshore East Kalimantan in Indonesia…
ALE performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the South China Sea to support natural gas development in the region.The Dongfang gas…
CNOOC, China's largest offshore oil and gas producer, on Thursday said it would be affected by U.S. sanctions on its COSCO shipping firm but there would be no impact on its oil and gas production.'(The sanctions) will have some impact on our…
Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.Saipem has been a key contractor in this field since the 1990s…
Oil and gas pipeline company Energy Transfer LP said on Monday it would buy smaller rival SemGroup Corp for $1.35 billion and build a 75-mile oil pipeline to strengthen its oil transportation, terminalling and export operations.Energy Transfer…
In spite of low gas prices due to ample LNG supply growth and muted demand so far in 2019 spot shipping rates have gradually increased over the last few months and are currently about USD 70,000 per day on average, said Awilco LNG Group.According to Norwegian LNG transportation provider…
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