LogIn LogOut

Asia Oil & Gas News - page 10

 

China's July Crude Imports Drop to Lowest Since January

Aug 08, 2023

China's crude oil imports in July fell 18.8% from the previous month to the lowest daily rate since January, customs data showed on Tuesday, as major exporters cut back overseas shipments and domestic stocks continued to build. Crude shipments…

Woodside to Sell 10% Stake in Scarborough Project to LNG Japan

Aug 08, 2023

Australian oil and gas giant Woodside has agreed to sell a 10% stake in the Scarborough joint venture in Australia to LJ Scarborough Pty Ltd (LNG Japan).The Scarborough Joint Venture comprises the Scarborough field and associated offshore and subsea infrastructure…

India's GAIL Close to Finalizing Qatar LNG Purchase Deal

Aug 03, 2023

GAIL (India) Ltd is close to finalizing a long-term liquefied natural gas (LNG) import deal with Qatar to buy at least 1 million metric tons per year, potentially for more than 20 years, three industry and trade sources said.The deal would be…

Borr Drilling's Backlog Increased by 421 Days with New Jack-up Rig Deals

Aug 01, 2023

Jack-up drilling rig contractor Borr Drilling said Monday it had secured two letters of award ('LOA') for its premium jack-up drilling rigs 'Gerd' and 'Thor.'These awards increase the company's firm backlog by approximately 421 days, excluding optional periods…

Pakistan's Import of Russian Crude Facing Obstacles

Jul 31, 2023

Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…

Perdana Nautika Wins AHTS Vessel Contract

Jul 28, 2023

Malaysia's Perdana Petroleum's subsidiary, Perdana Nautika, has secured a contract for the provision of an anchor handling, Tug, and Supply (“AHTS”) vessel to RMS Synergy.The contract started on June 13, 2023, and has a 60-day duration. The contract is valued at around RM4…

Keppel Profit Soars on One-off Gain from O&M Unit Sale

Jul 27, 2023

Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel…

Obscure Traders Ship Half Russia's Oil Exports to India, China After Sanctions

Jul 27, 2023

A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100…

Prima Energi Acquires Northwest Natuna PSC

Jul 26, 2023

PT Bumi Pratiwi Hulu Energi (Prima Energi), an Indonesian-based upstream oil company, has acquired full ownership of the Northwest Natuna Production Sharing Contract (PSC) via its purchase of AWE (AAL) NZ, AWE Northwest Natuna and AWE Holdings Singapore…

Eni Takes Over Chevron's Stakes in Three Blocks in Indonesia

Jul 25, 2023

Italian oil and gas company Eni  said Tuesday it had acquired Chevron interests and operatorship in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore East Kalimantan…

Petronas Makes Six Oil and Gas Discoveries Offshore Sarawak

Jul 24, 2023

Malaysian oil and gas company Petronas Carigali said Monday it had made six oil and gas discoveries in five blocks offshore Sarawak, Malaysia.Petronas said that the discoveries were achieved on the back of an intensive domestic exploration drilling…

Sino-German Partnership to Build 500MW Offshore Wind Farm in Guangdong, China

Jul 21, 2023

Germany's chemicals giant BASF and China's wind turbine developer Mingyang have agreed to jointly construct and operate an offshore wind farm in South China. For this, the duo has created a joint venture company, Mingyang BASF New Energy (Zhanjiang) Co…

Japan to Establish LNG Reserves This Year

Jul 18, 2023

Japan will establish a liquefied natural gas (LNG) reserve system this year to secure gas resources for 'unexpected situations', industry minister Yasutoshi Nishimura said on Tuesday.Japan, the world's top LNG buyer along with China, is promoting…

Zarubezhneft to Sell Stake in Indonesia's Tuna Offshore Block

Jul 18, 2023

Russian oil and gas firm Zarubezhneft plans to sell its stake in Indonesia's Tuna gas project, the upstream regulator said on Tuesday, after its British partner said sanctions were complicating their joint development.Zarubezhneft is partnering British firm Harbour Energy…

Boskalis Installs All Foundations for Taiwan's Changfang & Xidao Offshore Wind Farm

Jul 17, 2023

Dutch marine services firm Boskalis said Monday it had completed the installation of all foundations for the 589 MW Changfang & Xidao offshore wind farm in Taiwan. 'In the last three years we installed 186 pin piles with our unique crane vessels…

Current News

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

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

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

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

Are North Sea Jack-Ups Set for Flat 2024?

Are North Sea Jack-Ups Set for Flat 2024?

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

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

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com