India will launch rounds for oil and gas blocks licensing this week, Oil Minister Hardeep S Puri said on Monday.Puri said that he hopes energy supply issues will be discussed during the meeting between Indian Prime Minister Narendra Modi and U…
Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday, citing the Petronas chief.'The rationale to do this…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities…
South Korea's hopes for a major oil and gas project off its east coast may not be economically feasible, according to initial drilling results, energy ministry officials said on Thursday.Recent drilling showed some signs of gas prospects but the amount was not believed to be meaningful…
McDermott has completed transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in the first quarter of 2024.The project, executed by the company's Kuala Lumpur (KL) based team…
Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering…
Australian oil and gas company Santos has signed a helicopter transportation services contract with Weststar-GAP Aviation for its offshore operations in Timor-Leste’s Bayu-Undan region.Under the $40 million contract, Weststar-GAP Aviation, a joint venture between Timor GAP-Timor Gas Petroleo…
Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.The 500 km natural gas pipeline in Malaysia connects Kimanis in Sabah to Bintulu in Sarawak and has been operational since early 2014…
The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.A total of 38.12 million metric tons of the super-chilled fuel is on track to be imported in January…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has started environmental baseline survey in preparation for the drilling of the planned Chuditch-2 appraisal well off Timor-Leste.The survey…
Kazakh President Kassym-Jomart Tokayev on Tuesday ordered the government to step up talks with international oil majors about an extension of existing production sharing agreements (PSA) on 'better terms'.The central Asian country is one of…
ConocoPhillips Sabah Gas, a subsidiary of the global energy company ConocoPhillips, has taken over the operatorship of Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Malaysia.The transfer took effect on 21 January 2025, making…
AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners, a 35-m Surface Effect Ship (SES) technology vessel that can reach speeds of more than 50 knots even in challenging maritime conditions.Each vessel has…
Chinese state oil and gas company CNOOC has set its 2025 production target at a record high, between 5.6% and 8.3% above 2024's output.The offshore oil and gas specialist pumped about 720 million barrels of oil equivalent (boe) in 2024, meeting the high end of its target…
AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners. Designed to meet the demanding needs of the oil and gas sector, the 35-m vessels, based on SES (Surface Effect Ship) technology, achieve speeds of more than 50 knots…
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