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Asia News

 

Thailand Deploys Ships to Contain Second Oil Leak Off East Coast

Feb 10, 2022

Ships were deployed in Thailand on Thursday to contain a fresh oil spill off its eastern coast, authorities said, two weeks after an undersea pipeline leak in the same area damaged coastal communities and marine life.The pipeline, owned by Star Petroleum Refining Public Company (SPRC)…

Japan's Inpex to Spend Up to $38B in Growth Areas Over 9 years

Feb 09, 2022

Japan's biggest oil and gas explorer Inpex Corp said on Wednesday it will invest up to 4.4 trillion yen ($38 billion) in growth areas over the next 9 years, 1 trillion of which will be spent on decarbonization areas including hydrogen and ammonia…

EnQuest Sends Arbitration Notice to Barakah Offshore

Feb 08, 2022

Oil company EnQuest has sent a notice of arbitration to the Malaysian offshore oilfields services firm Barakah Offshore Petroleum regarding a dispute in which an adjudication decision was made in January ordering EnQuest to pay around $17,1 million…

Petrofac Nets First Major O&M Deal India

Feb 07, 2022

Oilfield services giant Petrofac has won two new contracts with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company. With a combined value of around $100 million, the wins include Petrofac’s first significant Operations and Maintenance (O&M) contract in-country…

Strategic Marine Acquires New Shipyard in Singapore

Feb 04, 2022

Strategic Marine announced it has completed the acquisition of a significantly larger shipbuilding facility in Singapore in a move intended to boost the company's shipbuilding capacity and product range.Strategic Marine has acquired the fixed…

Maersk Drilling's Drillship to Drill for TotalEnergies, Petronas in Malaysia

Feb 01, 2022

Oil major Shell has exercised two options on the contract that will employ the Maersk Drilling's drillship Maersk Viking offshore Malaysia.The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project…

Thai Beach Declared Disaster Area after Offshore Oil Spill

Jan 31, 2022

A beach in eastern Thailand was declared a disaster area on Saturday as oil leaking from an underwater pipeline in the Gulf of Thailand continued to wash ashore and blacken the sand.The leak from the pipeline owned by Star Petroleum Refining…

Oil Workers Race to Protect Beaches from Spill Offshore Thailand

Jan 28, 2022

Hundreds of workers set up oil barriers along beach fronts in Thailand's eastern Rayong province on Friday as authorities raced to limit the environmental damage from gallons of oil that leaked from an underwater pipeline earlier this week.The…

EnQuest Taps Uzma for Offshore Well Work in Malaysia

Jan 28, 2022

Oil company EnQuest has awarded a contract to the Malaysian oilfield services company Uzma Engineering for the provision of a hydraulic workover unit for EnQuest's 2022 workover program in Malaysia.Uzma's work scope includes integrated hydraulic…

Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Woodside Exits Myanmar, Flags $138M Profit Hit

Jan 27, 2022

Woodside Petroleum Ltd joined on Thursday multinational oil majors Chevron Corp and TotalEnergies in their plans to exit Myanmar, nearly a year after a military coup plunged the Southeast Asian nation into turmoil.Myanmar has faced unrest since…

PTTEP Awards Long-term Charter Extension for FPSO Kikeh

Jan 26, 2022

PTTEP Sabah Oil Limited, a Malaysian subsidiary of the Thai oil company PTTEP, has awarded a six-year contract extension for the FPSO Kikeh, operating in deep waters offshore Sabah, Malaysia.The charter extension news was shared this week by Malaysia's MISC…

VIDEO: Cleanup Underway after Oil Spills Offshore Thailand

Jan 26, 2022

Thailand mobilized its navy and other agencies on Wednesday to contain an oil spill after an estimated 160,000 liters (35,195 gallons) leaked from an undersea pipeline about 20 km (12.4 miles) off its industrialized eastern seaboard.The leak…

Thai PTTEP Set to Take Over Myanmar's Biggest Offshore Gas Field as Oil Majors Exit

Jan 26, 2022

Thailand's state oil and gas explorer looks set to take over Myanmar's biggest gas field, as TotalEnergies and Chevron Corp exit in the wake of last year's coup in the Southeast Asian state, analysts say.A move by PTT Exploration and Production Pcl (PTTEP) to become operator of Yadana field…

Malaysia Charges Second Aker Solutions Official with Using False Documents

Jan 26, 2022

Malaysia on Wednesday charged an official at Norway's largest oil services provider Aker Solutions, accusing him of using false documents to secure a license renewal, according to the company and a court charge sheet.Mohd Yusof Ab Rahman, 54…

Current News

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Velesto Gets Shell’s Deepwater Job Offshore Malaysia

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Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

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Asia’s Oil Reliance on Middle East Explained

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Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

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Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

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Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

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