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Asian Oil & Gas Activities - page 130

 

Former Petronas Exec to join EnQuest Board

Oct 23, 2020

UK-based, the North Sea and Malaysia focused, oil and gas company EnQuest said Friday it intended to appoint Farina Khan as a Non-Executive Director of the EnQuest Board with effect from November 1, 2020. On joining the Board, Farina Khan will…

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

Australia: Santos 3Q Revenue Drops on Lower Gas Prices

Oct 22, 2020

Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…

CNOOC: Production Starts from Bozhong 19-6 Offshore Field

Oct 22, 2020

China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…

Shearwater Wins Deal for Large 3D Seismic Survey

Oct 22, 2020

Shearwater Geoservices said Thursday it had won a contract for a large 3D seismic acquisition and depth processing.Norway-based offshore surveyor said the contract was in the Europe, Africa, and Middle East (EAME) region. According to Shearwater…

Singapore: MENCK Assembles Pile Driver for Offshore Wind Projects in Asia

Oct 21, 2020

Germany-based MENCK, an Acteon offshore engineering firm specializing in hydraulic pile-driving services, has delivered a 175-ton ram weight to its Singapore premises.The ram weight is part of an MHU3500S hydraulic hammer to be assembled in…

PNOC, CNOOC to Start Offshore Exploration Venture by 2021

Oct 20, 2020

The president of the exploration arm of the Philippine National Oil Company (PNOC) said on Tuesday the company aimed to start an energy exploration venture with China National Offshore Oil Corp (CNOOC) in the South China Sea by 2021.PNOC was…

Russia, Saudi Arabia Discuss Volatile Oil Market

Oct 19, 2020

The world's two largest oil exporters, Russia and Saudi Arabia, are in talks on how to support volatile oil markets, the Kremlin said on Monday as rising coronavirus infections worldwide curb fuel demand.An OPEC+ ministerial monitoring committee…

Caspian Sunrise Buys Shallow Water Drilling Vessel

Oct 19, 2020

Caspian Sunrise, an oil and gas firm focused on Kazakhstan, has completed the acquisition of the Caspian Explorer drilling vessel, marking the company's step into offshore drilling.The company, mostly focused on onshore oil and gas activities…

PXP Energy, CNOOC in Talks on S. China Sea Work after Exploration Moratorium Lifted

Oct 19, 2020

The Philippines' PXP Energy Corp said it was in ongoing negotiations with China National Offshore Oil Corp (CNOOC) relating to a memorandum of understanding between Manila and Beijing on joint oil and gas development in the South China Sea.In a market disclosure…

China, Philippines Eyeing Joint Offshore Oil Projects

Oct 16, 2020

The Philippines energy secretary said on Friday the government's decision to lift a six-year-old moratorium on oil and gas exploration in the South China Sea was a unilateral move, as China said it hoped the nations could work together on projects…

Oil Traders See Slow Demand Recovery

Oct 16, 2020

Top global oil traders Vitol, Trafigura and Gunvor said on Thursday they saw slow oil demand recovery because of a second coronavirus wave with oil prices rising to or above $50 per barrel only by October next year.Benchmark Brent crude futures traded down 1…

Prelude FLNG Won't Restart in 2020

Oct 16, 2020

Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. The troubled Prelude…

The Philippines: Duterte Lifts Offshore Drilling Moratorium

Oct 16, 2020

Philippines President Rodrigo Duterte has lifted the moratorium on petroleum exploration in the South China Sea, paving the way for three projects to resume, including a possible joint venture with China.Energy Secretary Alfonso Cusi said on…

Current News

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

China's CNOOC Set for Refinery Expansion Startup After $2.7B Upgrade

China's CNOOC Set for Refinery Expansion Startup After $2.7B Upgrade

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Marine Masters Secures Wellhead Platforms Installation Job Off India

Marine Masters Secures Wellhead Platforms Installation Job Off India

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