LogIn LogOut

Asian Oil & Gas Activities - page 112

 

Big Oil's Credit Risk Increased after Dutch Court Ruling, Investor Pressure

May 28, 2021

Rating agency Moody's said on Friday that the credit risk of major oil producers has increased with recent events including Royal Dutch Shell losing a Dutch climate lawsuit this week and Exxon losing a battle with shareholders.Chevron also lost…

Brunei: Zell Transportation Extends Icon Kayra Charter

May 28, 2021

Bursa Malaysia-listed offshore vessel owner Icon Offshore has secured a contract extension for its vessel Icon Kayra with Zell Transportation.The fixed contract portion for the offshore services vessel is for 17.5 months. ZT will have further options yearly extension options for four years…

Report: Japan's JX Nippon Eyes $1.5B UK North Sea Fields Sale

May 27, 2021

Japan's JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin's biggest fields in a deal that could fetch up to $1.5 billion, five banking sources [told Reuters this week].The sale is the latest…

Exxon Loses Board Seats to Activist Hedge Fund in Landmark Climate Vote

May 27, 2021

A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company's leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change…

Total, Chevron Stop Payments to Myanmar Junta from Offshore Gas Project

May 27, 2021

French oil and gas group Total and U.S. energy company Chevron have suspended some payments from a gas joint venture that would have reached Myanmar's junta, earning praise from pro-democracy activists for taking an important first step.International…

Shell Books Floatel's Accommodation Rig for Malampaya Work

May 26, 2021

Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines Exploration had awarded it a contract for the Floatel Triumph accommodation unit…

Australia: Sparrows to Maintain Cranes on Chevron's Wheatstone, Gorgon Facilities

May 26, 2021

Sparrows, a provider of energy industry engineering and maintenance services, has been awarded a contract by Chevron Australia to work on the Gorgon and Wheatstone natural gas projects.Sparrows said Wednesday it would support the safety and…

Benthic Wraps Geotechnical Survey at Santos' Dorado Site

May 26, 2021

Benthic, part of Acteon's geoservices division, has said it has completed geotechnical site investigation services for Santos at the Dorado field off the coast of Western Australia.Benthic said this week that the work at the Dorado site involved…

Abu Dhabi: ADNOC Awards NPCC $744M Belbazem Offshore Development Contract

May 25, 2021

Abu Dhabi's national oil firm ADNOC on Tuesday announced the award of a $744 million contract for the full field development of the Belbazem Offshore Block to the National Petroleum Construction Company (NPCC).The contract was awarded by Al Yasat Petroleum Operations Company Ltd (Al Yasat)…

Timor Leste: Santos Kicks Off Bayu Undan Infill Drilling

May 25, 2021

Australian oil and gas company Santos has started Phase 3C infill drilling program at the Bayu-Undan field, offshore Timor-Leste.Under the $235 million drilling program, sanctioned in January, Santos will drill three production wells and will develop additional natural gas and liquids reserves…

Simec Atlantis Energy's Tidal Turbine Passes Test in Japan

May 24, 2021

Simec Atlantis Energy (SAE) has informed that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government's pre-use inspection tests.  The site, which features the AR500 tidal turbine installed earlier this year…

Oil Prices Rise on Potential Snag in Iran Talks

May 24, 2021

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remained intact even with increased Iran exports.Brent crude oil futures for July were 90 cents…

BW Offshore Orders Barossa FPSO Topside Modules from Dyna-Mac

May 24, 2021

Dyna-Mac, a Singapore-based firm building modules for offshore oil and gas facilities, has won a module fabrication deal with FPSO supplier BW Offshore.The contract, valued at S$197 million (around $148 million), is for the supply, fabrication…

Australian Oil Firm Expands North Sea Acreage

May 21, 2021

Australian oil and gas company Finder Energy said Friday it had acquired two 'highly prospective' UK North Sea-operated licenses, P2502, and P2524, from Azinor Catalyst Limited.Perth-based firm said that the license P2502 was located on the western edge of the East Shetland Basin…

As Iran Eyes End of Oil Export Sanctions, will Former Asia Clients Buy?

May 21, 2021

As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again…

Current News

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Gold prices rise on weaker dollar, US tariffs and fiscal uncertainty
Investors watch US trade negotiations as copper prices rise on a weaker dollar
Sources say that DOGE is now focusing on SEC policies and SPAC rules.
https://accounts.newwavemedia.com