Asia Oil & Gas News - page 69


Petronas, Exxon to Explore CCS Opportunities in Malaysia

Nov 09, 2021

Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…

Indonesia CCS Could Need $500M

Nov 08, 2021

Deployment of carbon capture storage (CCS) in Indonesia could cost about $500 million, a senior official at Indonesia's state oil firm Pertamina said on Monday.Pertamina and ExxonMobil signed a memorandum of understanding during the COP26 summit…

North Field Expansion: QatarEnergy Orders Six LNG Carriers from S. Korean Shipyards

Nov 08, 2021

Qatar's state-run energy firm QatarEnergy, until recently known as Qatar Petroleum, has ordered six LNG tankers, four from Daewoo Shipbuilding & Marine Engineering (DSME) and two from Samsung Heavy Industries (SHI) in support of its North Field expansion project…

China's Crude Oil Imports in Oct Drop to Lowest in Three Years

Nov 08, 2021

China's crude oil imports plunged in October to the lowest since September 2018, as large state-owned refiners withheld purchases because of rising prices while independent refiners were restrained by limited quotas to import.The world's biggest crude oil importer brought in 37…

Further Disruption Expected at Indonesia's Merakes Offshore Gas Field

Nov 08, 2021

A disruption at a gas well in Indonesia's Merakes gas field is likely to affect gas production for longer than expected, an official at the country's oil and gas regulator said on Monday.The issue, caused by a sand blockage, had been expected to be dealt with early this month November…

Siemens Gamesa to License 11 MW Direct Drive Offshore Tech to China's United Power

Nov 05, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy will license its 11 MW Direct Drive offshore technology to China's United Power. This entails supporting United Power to deploy the licensed offshore technology in the Chinese mainland’s territorial waters…

China's Sinopec Pens Long-Term LNG Supply Deal with Venture Global LNG

Nov 04, 2021

Chinese oil giant Sinopec has signed a 20-year liquified natural gas contract with U.S. LNG producer and exporter Venture Global LNG on November 4, 2021, to purchase 4 million tons of LNG a year. Venture Global will supply the LNG from its plant in Plaquemines…

China: CNOOC EnerTech to Assist Empyrean with Jade Offshore Well Works

Nov 03, 2021

Empyrean Energy has engaged CNOOC EnerTech to manage critical pre-drilling permitting and logistical requirements related to Empyrean's planned drilling operations at the Jade well in Block 29/11, offshore China.CNOOC EnerTech is a subsidiary…

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…

India's Top Oil Refiner Plans 10,000 Electric Car Charging Stations

Nov 03, 2021

Indian Oil Corp (IOC) will set up 10,000 electric vehicle charging stations in the next three years and is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net-zero carbon target by 2070, its chairman said on Wednesday…

McDermott, Shell in MoU to Decarbonize Construction

Nov 03, 2021

Offshore installation and construction company McDermott has signed a memorandum of understanding with Shell Eastern Petroleum Pte Ltd (Shell), a subsidiary of Shell, to collaborate on decarbonizing construction. 'The agreement enables McDermott and Shell to explore opportunities for reducing…

Mermaid Subsea Services to Acquire Swiber's Offshore Construction Vessel

Nov 02, 2021

Thai-based offshore services company Mermaid Subsea Services has signed a letter of intent with the offshore construction vessel Resiliant from Resiliant Offshore, a subsidiary of Swiber.The vessel - previously known as Swiber Conquest - is a pipelay and accommodation work barge…

China's Sinopec Finds Shale Oil at Shengli Field

Nov 02, 2021

A unit of state-run oil Chinese and gas major Sinopec Corp has found an initial 458 million tonnes (3.34 billion barrels) of geological shale oil reserves at its Shengli field, the official Xinhua news agency reported on Tuesday.Shengli, in Shandong province…

New Singapore Office Premises for OneOcean

Nov 02, 2021

OneOcean, a provider of digital solutions for the maritime industry, has announced a new location for its Singapore office. 'Located in the Bugis area of the city, the move brings the company closer to its customer base in the region and will provide the benefits of flexible working for its staff…

Pertamina, ExxonMobil Exploring Carbon Capture Storage in Indonesia

Nov 02, 2021

Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.A memorandum of understanding…

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