Russian energy company Sakhalin Energy has extended the charter for the Polar Piltun crew boat with a GC Rieber Shipping Russian affiliate.As previously reported, GC Rieber in January said that Sakhalin Energy had awarded it contract extension…
Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam.The company said Tuesday the license had been formally granted to the Joint…
Beach Energy and Bridgeport Energy have been awarded permits to explore for gas in Victoria, Australia, state waters near Portland and Port Campbell.'As Victorians turn up their gas heaters during the winter chill, the search for new gas off…
Malaysia's Petra Energy has secured a contract with Petronas for technical services for Banang offshore field production continuation in Malaysia. The two-year contract takes effect on June 29, 2020.Under the contract, Petra Energy will provide services to operate and maintain the Banang field…
Forum Energy Technologies, a provider of remotely operated vehicles for the offshore energy industry, is expanding its offering in Asia.The company has signed an agreement with Wuxi Haiying-Cal Tec Marine Technology Co., Ltd to represent Forum…
Thai Gulf Energy Development Pcl received licenses from the government to import up to 1.7 million tonnes of liquefied natural gas (LNG) each year, the company said on Thursday, in a move that will cut energy costs.It becomes the second firm to be granted such a license…
Malaysia's largest oil and gas services company Sapura Energy said on Thursday it expects a delay in projects due to the historic rout in oil prices and as widespread coronavirus shutdowns hit demand.'Delays are inevitable,' Chief Executive Shahril Shamsuddin said in an earnings conference call…
Bankrupt Diamond Offshore Drilling Inc has sued Australian oil and gas producer Beach Energy Ltd for abruptly terminating a $65 million drilling contract.Beach Energy ended the agreement, claiming Diamond Offshore missed a 'contractual milestone to deliver the rig'…
Didier Casimiro, placed on a sanctions list by the United States earlier this week, on Friday resigned from the board of Indian refiner Nayara Energy, part-owned by Russian oil major Rosneft, company filings with the Indian government show.The United States on Tuesday blacklisted Rosneft Trading S…
ASX-listed Cooper Energy has signed a new gas supply agreement with O-I, an industrial gas user and Australia’s largest manufacturer of glass container products.The gas is to be supplied from Cooper's equity share of production from its Casino Henry operations offshore Victoria…
The Southeast Asian focused oil company Coro Energy will not be buying a share in the Bulu PSC, offshore Indonesia, citing increased risks around the Bulu project.'The company had in September 2018 agreed to buy a 42.5% interest in the shallow water (60m) block offshore East Java…
The more you delve into the details of China's commitment to buy an additional $52.4 billion in U.S. energy over the next two years, the more it becomes apparent the goal is unachievable, even with the best will in the world.As part of the 'Phase 1' trade truce between Beijing and Washington…
Singapore's Puma Energy, the retail and midstream arm of global commodities trader Trafigura, said on Thursday it would sell its Australian commercial and retail fuels business to Chevron Australia for A$425 million ($288 million).Puma Energy is 49%-owned by Geneva-based Trafigura…
Former head of China's National Energy Administration Nur Bekri has been sentenced to life in prison for accepting bribes, China's Supreme People's Court said on Monday.The court said in a statement published on Chinese social media platform Weibo that Bekri confessed his crimes while on trial…
China's state planner expects this winter's energy supply and demand to be generally balanced amid increasing natural gas output and liquefied natural gas (LNG) imports, state news agency Xinhua reported on Tuesday.Citing unidentified officials…
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