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Asia Oil & Gas News - page 8

 

Petronas Signs Gas PSCs for BIGST and Tembakau Clusters Offshore Malaysia

Feb 28, 2024

Petronas, through Malaysia Petroleum Management (MPM), has signed production sharing contracts (PSCs) for two discovered resource opportunities (DRO) clusters, located offshore Malaysia.The BIGST Cluster was awarded to Petronas Carigali, and JX Nippon Oil & Gas Exploration (BIGST)…

Brand New FPSO for Mero Oil and Gas Field Heads to Brazil

Feb 27, 2024

The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set sail from China to its deployment site at Mero field, in Santos Basin, offshore Brazil.The Marechal Duque De Caxias FPSO set sail from China on February 24…

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Feb 23, 2024

Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Feb 21, 2024

SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO…

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Feb 19, 2024

Norway’s energy major Equinor and the Indian fertilizer and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026.Equinor’s growing global LNG portfolio…

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

Feb 19, 2024

Pavilion Energy, the charterer of Singapore’s recently delivered first membrane LNG bunker vessel Brassavola, has concluded its first Ship-to-Ship (STS) LNG bunkering operation.Pavilion Energy said on February 19, 2024, the bunkering operation to Rio Tinto chartered dual-fueled bulk carrier…

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Feb 13, 2024

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…

Baron Oil Schedules Site Survey at Timor-Leste Gas Field

Feb 12, 2024

Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…

Borr Drilling Secures $82M for Three Jack-up Rigs

Feb 12, 2024

Offshore drilling contractor Borr Drilling has secured contract commitments totalling 495 days and $82.2 million in revenue for three of its jack-up rigs, excluding mobilization and demobilization compensation.Firstly, BW Energy has extended…

BW Opal FPSO Starts Taking Final Shape Ahead of Barossa Assignment

Feb 09, 2024

FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…

China Puts First ‘Home-Made’ Subsea Xmas Tree Into Operation

Feb 09, 2024

China National Offshore Oil Corporation (CNOOC) has put into operation the first domestically developed subsea Xmas tree.CNOOC’s subsea Xmas tree is 3.5 meters long, 3.2 meters wide and 3 meters high, with an overall weight of nearly 22 tons…

JERA Finds Indonesian Partner for LNG Value Chain Development

Feb 09, 2024

Japan’s largest power generation company JERA has signed a memorandum of understanding (MoU) to collaborate on LNG value chain development in Indonesia with PT PLN Energi Primer Indonesia (PLN EPI), a subsidiary of PT PLN Persero.Collaboration to establish a value chain for LNG…

QatarEnergy and Petronet Sign 20-Year LNG Supply Deal for India

Feb 06, 2024

QatarEnergy has entered into a 20-year sale and purchase agreement with Petronet LNG for the supply of 7.5 million tons per annum (MTPA) of liquefied natural gas (LNG) destined to the Republic of India.Pursuant the terms of the sale and purchase agreement (SPA)…

Asia LNG Imports Are Robust, But Record Supply Keeps Spot Prices Muted

Feb 05, 2024

The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major exporters and signs that winter demand is easing in the top-importing regions of Asia and Europe.The spot price for LNG delivered to north Asia ended at $9…

CNOOC’s Oil Field in Bohai Sea Starts Production

Feb 05, 2024

China's state-run offshore oil and gas explorer and producer CNOOC has started production from its Suizhong 36-1/Luda 5-2 discovery, located in Liaodong Bay of Bohai Sea.The main production facilities include two new central processing platforms and two new wellhead platforms…

Current News

Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts

Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

China’s CNOOC Hits ‘High Yield’ Well in in Beibu Gulf

China’s CNOOC Hits ‘High Yield’ Well in in Beibu Gulf

South Korea's KOMIPO Cancels Plans for LNG Import Terminal

South Korea's KOMIPO Cancels Plans for LNG Import Terminal

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

Chinese Wind Turbine-makers Move into Europe as Trade Tensions Flare

Chinese Wind Turbine-makers Move into Europe as Trade Tensions Flare

ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas

ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas

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