LogIn LogOut

Asia Oil & Gas News - page 3

 

The Philippines: Shell Sells Stake in Malampaya Offshore Field

Nov 01, 2022

Shell has completed the sale of its stake in the Malampaya offshore gas field in the Philippines to Malampaya Energy XP Pte Ltd  (MEXP), a subsidiary of Prime Infrastructure Capital Inc (Prime Infra).  Shell Petroleum signed an agreement to sell interest in Malampaya…

'Sizable' Contract in Asia Pacific for Subsea 7

Oct 31, 2022

Offshore installation company Subsea 7 said Monday it had won a sizeable contract in Asia Pacific.Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.Engineering work will start immediately, and offshore activity is scheduled for 2024 and 2025…

Kashagan's Oil Processing Complex to Restart in Coming Days

Oct 31, 2022

Kazakhstan's energy company KazMunayGas said on Saturday that it expects the Bolashak onshore processing complex at the giant Kashagan offshore oilfield to resume operations in the coming days after repair works at a complex unit. 'At the moment…

Large Explosions Hit Taiwan's CPC Dalin Oil Refinery

Oct 28, 2022

An explosion hit Taiwan's state-backed CPC Dalin Refinery in the southern city of Kaohsiung on Thursday night, videos and images from the Fire Department showed with heavy fire seen above the plant, officials said, adding nobody was hurt in the incident…

China CNOOC Q3 Profit Climbs 89% to $5.1B as Energy Prices Surge

Oct 27, 2022

CNOOC Ltd's third-quarter net profit soared by 89% from a year earlier to 36.9 billion yuan ($5.11 billion), driven by stronger oil and gas prices, the Chinese offshore oil and gas major said on Thursday. Third-quarter revenue rose 54% on the year to 89…

Pertamina Says Gas Output Improves at Mahakam Block

Oct 26, 2022

Natural gas output at Indonesia's Mahakam block rose to 590 million standard cubic feet per day (mmscfd) in October, the state energy company Pertamina said on Wednesday, as the operator boosted drilling.Once a major gas-producing block, output at Mahakam dropped to 505 MMSCFD earlier this year…

Rosneft's Sokol Crude Oil Tender Shows Sakhalin-1 Output Recovering

Oct 25, 2022

Russia's top oil producer Rosneft has issued a tender to sell six cargoes of Sokol crude for loading in November to early December in a sign that output from the Sakhalin-1 project may be recovering following the departure of ExxonMobil, sources said…

Surya Nautika Orders Four Crew Boats from Strategic Marine

Oct 25, 2022

Singaporean shipbuilder Strategic Marine on Tuesday announced it secured a four-vessel crew boat order from Malaysian operator Surya Nautika.Slated for delivery to the licensed Petronas contractor progressively from the first quarter of 2023…

Hibiscus Taps Tanjung Offshore for Well Services Work

Oct 24, 2022

Malaysia-based energy solutions provider, T7 Global has, via its subsidiary Tanjung Offshore, received a work order award from Hibiscus Oil & Gas Malaysia.The contract, with the oil company formerly known as as Repsol Oil & Gas Malaysia Limited…

Baron Oil Says Its Timor Leste Offshore Block Could Hold More Gas Than Initially Thought. Targets First Gas in 2028

Oct 24, 2022

The AIM-quoted oil and gas exploration and appraisal company Baron Oil said Monday that its Chuditch Production Sharing Contract, offshore Timor-Leste could hold much more gas than previously estimated.According to the company,  per the preliminary…

AG&P Converts LNG Carrier intu FSU for LNG Import Terminal in the Philippines

Oct 24, 2022

Atlantic, Gulf & Pacific International Holdings (AG&P) said Sunday that it had converted the 137,512 cubic meter LNG carrier called ISH into a Floating Storage  Unit (FSU), which will be a part of an LNG import terminal in the Philippines from 2023…

Nippon Yusen to Invest in Pertamina's Shipping Unit

Oct 19, 2022

Japan's Nippon Yusen said on Wednesday it will invest in Pertamina International Shipping (PIS), a unit of Indonesia's state energy firm Pertamina, without disclosing terms of the deal. ,The move by Japan's biggest shipping company is aimed at expanding business in Indonesia…

Siemens Gamesa Signs Its Largest Offshore Wind Deal in Taiwan

Oct 19, 2022

Wind turbine maker Siemens Gamesa said Wednesday it had signed two agreements with the Hai Long Offshore Wind project owners at an energy industry event in Taiwan.The Hai Long consortium is a partnership between Canadian independent power producer Northland Power Inc…

Exxon Exits Russia Empty-handed with Oil Project 'Unilaterally Terminated'

Oct 18, 2022

Exxon Mobil Corp said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project.  Exxon did not say if it received any compensation for the assets…

Exxon's Russian Oil Output Collapsed after Rejecting Local Tanker Insurance

Oct 17, 2022

Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major's refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters…

Current News

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

MMA Offshore Sells Batam Shipyard

MMA Offshore Sells Batam Shipyard

Valeura Energy Books Tanker for Gulf of Thailand Oil Field

Valeura Energy Books Tanker for Gulf of Thailand Oil Field

Australia Court Ruling on Santos Raises Risks for Offshore Gas Projects

Australia Court Ruling on Santos Raises Risks for Offshore Gas Projects

Keel Laying Ceremony Held for Two Shanghai Electric SOVs

Keel Laying Ceremony Held for Two Shanghai Electric SOVs

Malaysia's Petronas Posts Q3 Profit, Warns of Continuing Market Volatility

Malaysia's Petronas Posts Q3 Profit, Warns of Continuing Market Volatility

Inmarsat to Roll Out IoT Solution to More than 60 Zamil Offshore Vessels

Inmarsat to Roll Out IoT Solution to More than 60 Zamil Offshore Vessels
photo

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