Oil and Gas Regions news - page 191


New 3D Geophysical Survey Vessel Named

Oct 30, 2019

On September 29, a delivery ceremony for a new 3D geophysical seismic survey vessel was held at the port of Tokyo and attended by NYK chairman Tadaki Naito.The new vessel, Tansa, will be operated by Ocean Geo-Frontier Co. Ltd (OGF), a company jointly owned by NYK and others…

Into a New Era of Organizational Memory

Oct 29, 2019

Jim Stuart, SVP Digital at Lloyd’s Register, outlines current and future challenges for asset owners and operators in the energy and marine industries across Asia-Pacific (APAC) and how technology will change the way knowledge is captured, stored and used across organizations for the better…

CNOOC Orders MacGregor Pull-in System

Oct 29, 2019

MacGregor has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater floating production unit (FPU) located in the Lingshui 17-2 gas field, offshore China.MacGregor, part of Cargotec…

Russian-led Arctic Oil Project to Cost $157 Bln

Oct 28, 2019

A ambitious new Arctic oil project led by Russia's top oil producer Rosneft will require about 10 trillion roubles ($157 billion) of investment, Russia's deputy energy minister Pavel Sorokin told reporters.Vostok Oil, a joint project of Rosneft and Independent Petroleum Company (IPC)…

Conrad Reports Well Issues in Indonesia

Oct 25, 2019

Conrad Petroleum said it encountered problems while conducting testing at its Tambak 2 appraisal well on the Mako gas field offshore Indonesia.Conrad, operator of Duyung PSC, said it had successfully drilled the Tambak-2 well on October 15. Later…

Chinese Ship Exits Vietnam's Waters After Disputed Surveys

Oct 24, 2019

A Chinese oil survey vessel that has been embroiled in a tense standoff with Vietnamese vessels in the South China Sea left Vietnamese-controlled waters on Thursday after more than three months, marine data showed.The Chinese vessel, the Haiyang Dizhi 8…

CNOOC Q3 Capital Spending Surges

Oct 24, 2019

CNOOC Ltd, the listed arm of China's largest offshore oil and gas producer, on Thursday reported a 27.9% jump in capital spending in the third quarter amid Beijing's push to boost oil and gas exploration and production.Capital expenditure at CNOOC reached 19…

India Hopes Saudis Will Help Build Oil Stores

Oct 24, 2019

India hopes to sign a pact with Saudi Arabia for participation in Delhi's strategic petroleum reserves (SPRs) during Prime Minister Narendra Modi's visit to the kingdom next week, a government official said on Thursday.India, the world's third biggest oil importer…

CNOOC Says Production Not Affected by Sanctions

Oct 24, 2019

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…

Dudley Plans to Remain on Rosneft Board

Oct 24, 2019

BP Chief Executive Bob Dudley on Thursday said he intends to remain on the board of Russian oil giant Rosneft despite his plans to step down at BP next year.(Reporting by Olesya Astakhova; Writing by Tom Balmforth; Editing by David Goodman)

China Aims to Boost Natural Gas Production

Oct 23, 2019

Following several years of natural gas consumption outpacing local production growth, China is introducing incentives to spur several forms of domestic production in hopes of reducing its reliance on imports.China’s natural gas imports, both by pipeline and as liquefied natural gas (LNG)…

India to Drive LNG Capacity Growth in Asia

Oct 23, 2019

India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 35% of the total growth.According…

Fugro Enters the South Korean Offshore Wind

Oct 22, 2019

Fugro said on Tuesday it has signed a Memorandum of Understanding (MOU) with Underwater Survey Technology 21 (UST21) in a move that opens up the South Korean offshore wind farm market.The agreement with UST21 will facilitate collaboration on marine projects in South Korean waters…

Shell Exits Two Kazakh Offshore Projects

Oct 21, 2019

Royal Dutch Shell has pulled out of the Khazar offshore project next to the giant Kashagan field in Kazakhstan and a multinational consortium including Shell is also dropping plans for the adjoining Kalamkas block, officials said on Monday.'The…

Temasek Bids $3 Bln for Control of Keppel

Oct 21, 2019

Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices…

Current News

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Yinson Production Closes $1B Investment to Drive Further Growth

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Fugro Expands Geotechnical Testing Capabilities in Indonesia

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