Indonesia's energy ministry launched a bidding round on four oil and gas blocks on Wednesday, as the country seek more investments in its upstream oil and gas sector, the ministry said in a statement.Southeast Asia's biggest economy set a target…
Oil and gas company Jadestone Energy plc has completed the acquisition of the remaining 10% interest in the Lemang production sharing contract onshore Indonesia. As a result, Jadestone’s interest (pre local government back-in rights) in the Lemang PSC has increased to 100%…
Saudi Arabian national oil company Saudi Aramco saod Tuedsay it had signed signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, including oilfield services majors Baker Hughes, Halliburton, SLB, and TechnipFMC…
Australia's liquefied natural gas exporters have a problem at home, where industrial and domestic consumers are making strident demands for them to accept a price cap, higher taxes, guaranteed volumes or some combination of all of these.The…
Pertamina International Shipping, a unit of Indonesia's state energy firm, aims to invest up to $3 billion over the next five years to rejuvenate and expand its fleet, including investing in vessels to transport liquefied natural gas, an executive said…
UAE-based offshore drilling contractor ADNOC Drilling said Monday it had agreed to buy three 'brand new' premium offshore jack-up drilling rigs for $320 million, 'with further acquisitions in the pipeline.'The company said the rigs would meet…
Saudi Arabia's sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according to two sources who declined to be identified as the matter is not public…
Japan's Mitsui O.S.K. Lines Ltd. (MOL) said on Monday it had signed a memorandum of understanding (MoU) with JERA, the country's biggest power generator, to study transporting ammonia for using it as a fuel. The study will include looking at…
QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February…
The Australian Petroleum Production & Exploration Association (APPEA) has appointed Woodside's CEO of Meg O’Neill as Chair, and Beach Energy's CEO Morné Engelbrecht as Vice-Chair following APPEA’s annual general meeting in Perth on Wednesday…
Singapore-based offshore support vessel owner Vallianz Holdings is working to speed up the digitalization of its fleet of offshore support vessels (OSV) with a comprehensive package of connectivity services from Inmarsat.According to Inmarsat…
Malaysian oil and gas giant Petronas has confirmed reports that a fire broke out at the Sabah-Sarawak Gas Pipeline near Lawas, Sarawak, Malaysia. According to Malaymail.com a man was killed and two others injured in the pipeline explosion.Petronas…
Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…
Global shipping and logistics provider GAC Group is expanding its presence in East Asia and the Asia-Pacific region by establishing a new office in Taiwan’s second-largest port, Taichung.The port has constructed several tailor-made wharves to…
The European Union supports a call by India to phase down fossil fuel use as part of a COP27 deal, the bloc's climate policy chief Frans Timmermans said on Tuesday, provided it does not weaken previous agreements on reducing the use of coal…
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