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Oil and Gas Regions news - page 115

 

Australia: North West Shelf Partners Execute 3rd Party Gas Processing Deals

Dec 23, 2020

Partners in Australia's North West Shelf (NWS) project have executed gas processing agreements for processing third-party gas through the NWS Project facilities.The agreements were signed with Woodside Burrup Pty Ltd (Woodside Burrup), in respect of gas from the Pluto fields…

Cairn Energy Wins $1.2 B Tax Arbitration Case Against Indian Gov't

Dec 23, 2020

Cairn Energy said on Wednesday it had won an international arbitration case against the Indian government over a tax dispute that had spooked investors concerned about retrospective tax claims on companies.The tribunal ruled unanimously that India had breached its obligations to Cairn under the U…

Fire at Rosneft's Far East Refinery Contained

Dec 22, 2020

A fire at a secondary unit at an oil refinery owned by Rosneft in Russia's far eastern city of Komsomolsk-on-Amur has been contained, a spokesman for the refinery said on Tuesday.The blaze has not caused any injuries and the incident would not have an impact on production plans…

Eni, PTTEP Grab Hold of Giant Offshore Block in UAE

Dec 22, 2020

Italian oil and gas firm Eni and Thailand’s national oil company PTTEP have been awarded exploration concession for Offshore Block 3 in the United Arab Emirates, with the concession deal signed with ADNOC on Monday.Eni is the operator with a 70% stake in the Exploration Offshore Block 3…

Atlantis Delivers Tidal Power Equipment to Japan

Dec 22, 2020

Tidal energy developer Atlantis said Tuesday its Scottish-made tidal generation equipment had arrived in Japan.The Atlantis designed and built tidal generation system has arrived in Nagasaki harbor, Japan having left Scotland in October. It…

Nakilat Takes Over Management of FSRU Exquisite

Dec 21, 2020

Qatar-based energy shipping company Nakilat said Monday it had assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate.The FSRU is jointly owned by Nakilat and Excelerate through a joint venture established in 2018…

UAE: GMS Bags Extensions for Jack-Up Duo

Dec 21, 2020

Gulf Marine Services, a provider of jack-up service vessels for the offshore energy industry, has secured contract extensions for two of its units.GMS said Monday the contract extensions, totalling 13 months, were for two K-Class vessels, 'at day rates in line with expectations…

MHWirth to Deliver $80M Drilling Equipment Package for Chinese Drillship

Dec 21, 2020

Drilling solutions provider MHWirth has secured an order to deliver a drilling equipment package for a Chinese drillship.The company, part of Norway's Akastor, will deliver drilling equipment for China's Guangzhou Marine Geological Survey (GMGS)…

ONGC Taps Shearwater for Offshore Seismic Survey in India

Dec 21, 2020

Offshore seismic data acquisition services company Shearwater GeoServices has secured a 3D broadband marine seismic acquisition contract by ONGC in the Western Offshore India area. The project is scheduled to start in Q1 2021.The four-month campaign covers two areas totaling around 2…

Reliance, BP Start Production from Ultra-Deepwater Gas Field Offshore India

Dec 18, 2020

India's Reliance Industries and the British oil major BP on Friday announced the startup of production from ultra-deepwater gas field R Cluster in block KG D6 off the east coast of India. RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster…

Polarcus, Sovcomflot in Seismic Survey Deal in Far East

Dec 18, 2020

Oslo-listed marine seismic company Polarcus has signed a memorandum of agreement with Sovcomflot for the use of one of its survey vessels on a project in the Far East.The company said Friday the contract was signed with SCF GEO, a Sovcomflot Group firm…

Solstad on a Roll: Scores Vessel Charters in India, Australia

Dec 17, 2020

Just hours after announcing three contracts for its platform suppliers in the North Sea and Suriname, Norwegian offshore vessel operator Solstad Offshore released a separate statement on Thursday, announcing charters for three construction vessels…

KrisEnergy's Sale of Vietnam Offshore Block Delayed Again

Dec 17, 2020

Southeast Asia-focused oil company KrisEnergy has yet again extended the long-stop date for the completion of the sale of its interest in the Vietnam Block 115/09.KrisEnergy first announced it had agreed to sell the offshore block to an unnamed…

Gallery: Heerema's Aegir Installs Module on Woodside's Pluto Alpha Platform

Dec 17, 2020

Dutch offshore installation services company Heerema Marine Contractors has, using its heavy lift vessel Aegir, transported and installed the 1650 metric ton water handling module for client TechnipFMC on the Woodside-operated Pluto Alpha offshore platform in Australia…

Remus Horizons Exploring Takeover of Australian Oil Firm Far

Dec 17, 2020

Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizons PCC Ltd.The offer values Far at 2.1 Australian cents per share, representing a premium of 90…

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