China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil field discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in-place.Huizhou 19-6 oil field is located in the eastern South China Sea, with an average water depth of approximately 100 meters.The main oil-bearing plays are Paleogene Enping Formation and Wenchang Formation…
At least 63 people were being treated in hospitals in Malaysia on Tuesday after a major blaze at a gas pipeline operated by state energy firm Petronas, authorities said, with efforts ongoing to control the fire and evacuate residents.The fire…
Japan's ENEOS Xplora has signed a new production-sharing contract for the Block 15-2 offshore southern Vietnam, the production and exploration arm of state oil firm PetroVietnam said on Tuesday.The 25-year contract was signed in Hanoi on Monday between ENEOS Xplora's Vietnam unit…
Canada-based oil and gas company Valeura Energy has reported that all of its assets in the Gulf of Thailand remain operating safely, following a devastating earthquake that hit Myanmar, affecting the neighboring Thailand as well.At approximately 13:30 local time on Friday March 28…
The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
China National Offshore Oil Company (CNOOC) has posted an 11.4% net profit growth in 2024, marking a record year of oil and gas production, which has been increased by 7% compared to a year earlier.In 2024, CNOOC recorded a net oil and gas production of 726…
India’s EPC contractor Larsen & Toubro (L&T) has secured its largest-ever contract, worth over $1.8 billion, from QatarEnergy LNG for work on the expansion of the North Field, one of the largest natural gas fields the world.The contract is for…
Energy industry services firm EnerMech has appointed Jason Jeow to head up its Asia Pacific regional management.With decades of extensive experience in the energy and infrastructure sectors, Jeow joined EnerMech in February as VP Asia Pacific…
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao I offshore wind project off the coast of Taichung in Taiwan.Fengmiao I project has secured an approximately $3…
Asia-Pacific focused oil and gas company Jadestone Energy has submitted a field development plan (FDP) for the Nam Du/U Minh (NDUM) discoveries offshore southwest Vietnam to Petrovietnam, kick-starting the regulatory approval process.The FDP sets out a phased development concept for NDUM…
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…
China National Offshore Oil Corporation (CNOOC) has brought on stream two oil and gas projects offshore China, which feature 'intelligent technologies' for improved efficiencies and reduced carbon footprint.The first project, Caofeidian 6-4 Oilfield Comprehensive Adjustment Project…
India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies as part of a $5 billion plan to grow output five-fold in the coming years, its chairman said on Tuesday.'I want to spend $5 billion on developing my project to get to 500…
The Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive to Conrad Asia Energy, the operator of the Mako Gas field offshore Indonesia, stating that all gas produced from the field would be sold to state-owned PT…
The Offshore Renewable Energy (ORE) Catapult and the Japanese Floating Wind Technology Research Association (FLOWRA) have signed a memorandum of understanding (MoU) to work together to reduce development risks and costs of floating offshore wind…
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