Latest News - page 104

 

ONGC Names Rawat as Director of Exploration

Jan 03, 2023

India's national oil company ONGC has appointed Sushma Rawat as Director of Exploration. She prevciously served as Executive Director-Basin Manager, Assam & Assam Arakan.She takes over the reins as Director of Exploration from Rajesh Kumar Srivastava…

TGS, SLB, Petrobangla in 2D Seismic Survey Offshore Bangladesh

Jan 03, 2023

TGS on Tuesday announced a new regional multi-client 2D seismic program offshore Bangladesh in partnership with SLB and Petrobangla.The program's initial phase will comprise around 11,000 line kilometers of newly acquired high-resolution broadband…

Indonesia Approves $3 Billion Development Plan for South China Sea Gas Block

Jan 03, 2023

Indonesia has approved the first plan of development for the Tuna offshore gas field with total estimated investment of $3.07 billion up to the start of production, upstream oil and gas regulator SKK Migas said on Monday.The Tuna field, located in the South China Sea between Indonesia and Vietnam…

Oil Set to End Turbulent 2022 With Second Annual Gain

Dec 30, 2022

Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China. Crude surged in March with global benchmark Brent reaching $139…

How Will Japan Resolve Shipping Insurance for Russian LNG imports?

Dec 29, 2022

Japan, the world's top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships travelling in Russian waters from Jan…

Japan Restarts Offshore Wind Power Auctions with Updated Rules

Dec 28, 2022

Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry and land ministries said on Wednesday. The…

Indonesia Awards Two Oil & Gas Exploration Blocks to Domestic Firms

Dec 28, 2022

Indonesia has awarded another two oil and gas exploration blocks to domestic firms as it seeks to boost production to meet growing energy demand, the energy ministry's director general of oil and gas said on Wednesday. The Paus working area in offshore East Natuna…

Japan's Cosmo Energy Signs New Offshore Oil Field Deal with QatarEnergy

Dec 27, 2022

Japan's Cosmo Energy Holdings Co Ltd said on Friday it has signed a new agreement with Qatar Energy to continue its operation in the Al-Karkara and A-Structures offshore oil fields, which came into effect after the expiry of the current contract this month…

Japan Insurers in Talks with Reinsurers to Resume Coverage in Russian Waters

Dec 27, 2022

Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine starting next month are in talks with reinsurers to resume those operations, they said on Monday. Tokio Marine & Nichido Fire Insurance…

CNOOC Launches Power from Shore Bohai Bay Project. Starts Production from Offshore Oil Field

Dec 27, 2022

Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…

Natural Gas Exports from Indonesia to Vietnam Targeted for 2026

Dec 23, 2022

Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…

'Good Year' for Offshore Exploration in Malaysia with 10 Discoveries Made

Dec 23, 2022

Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…

Japan's First Utility-scale Offshore Wind Farm Starts Commercial Operations

Dec 22, 2022

Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…

ONGC Awards 3-year Contracts for Shelf Drilling Rig Duo

Dec 22, 2022

Jack-up rig leasing firm Shelf Drilling has secured three-year contracts for two of its offshore drilling rigs in India.The company said Thursday that the Indian national oil firm ONGC had awarded three-year deals for its Compact Driller and Key Singapore rigs…

Report: Output from Shell's Prelude FLNG Shut Again

Dec 22, 2022

Shell has stopped production at its Prelude floating LNG plant off Western Australia after a fire.A Shell spokesperson told Reuters on Thursday that the fire at the giant FLNG unit 'was rapidly extinguished.'The 488-meter-long, Shell-operated…

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