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Asian Shallow Water

 

Philippine Tycoon Razon to Buy Majority of South China Sea Gas Field

Jun 02, 2022

Philippines ports and gaming tycoon Enrique Razon is acquiring a majority stake in a South China Sea gas field from a close ally of outgoing President Rodrigo Duterte, a move seen benefitting his oil exploration franchise on the Reed Bank.Razon's Prime Infra Holdings Inc said in a statement on Thursday it will buy a controlling stake in the Malampaya gas-to-power project from Dennis Uy's Udenna Corp for an undisclosed amount…

Shelf Drilling to Buy Aban Offshore's Jack-up Rig for $30M

Jun 18, 2022

Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design…

Oil Plus Wins Produced Water Projects Off Qatar

May 27, 2022

UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…

Borr Drilling Finds More Work for Saga Jack-up Drilling Rig

May 18, 2022

Oslo-listed offshore drilling firm Borr Drilling has won a binding Letter of Award for its jack-up drilling rig 'Saga' from an undisclosed operator in Southeast Asia.The drilling program is expected to start in Q4 2022, in direct continuation of the current contract…

Pavo-1 Discovery is 'Stellar' Exploration Success, Carnarvon Says. Shares Resource Estimate

May 02, 2022

Australian oil and gas company Carnarvon Energy said the recent Pavo-1 oil discovery it made with operator Santos offshore W. Australia was a 'stellar exploration success.'The company has completed its Pavo resource assessment and said that…

Offshore Drilling: Santos Fails to Replicate Pavo-1 Success at Apus-1 Well in Australia

Apr 19, 2022

Australian oil and gas company Santos has not found commercial hydrocarbon quantities at its Apus-1 well, located offshore W. Australia, 27 kilometers from the successful Pavo-1 well discovery.Carnarvon Energy, Santos' partner in the license WA-437-P…

Santos Spuds Apus-1 Well Offshore W. Australia

Apr 08, 2022

Australian oil and gas company Santos has started drilling at the Apus-1 well offshore W. Australia, using the Noble Tom Prosser jack-up drilling rig.The rig recently moved to the Apus-1 well site from the Pavo-1 well where Santos, and its partner Carnarvon…

After Pavo Success, Santos Gearing Up to Start Drilling at Apus-1 Well Offshore W. Australia

Apr 04, 2022

Australian oil and gas company Santos has mobilized the Noble Tom Prosser jack-up drilling rig to the Apus-1 well location offshore W. Australia, with the drilling operations set to start within a week.The rig recently completed drilling the successful Pavo-1 well…

Santos Wraps Pavo-1 Drilling, Offshore Australia

Mar 25, 2022

Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…

BHP Files Plan for Closure of Griffin Gas Export Pipeline Off Australia

Mar 25, 2022

BHP Petroleum has submitted an environment plan for the 'safe and sustainable' closure of the Griffin Gas Export Pipeline, offshore W. Australia.The  Griffin Gas Export Pipeline is located within Pipeline Licence WA-3-PL, in Commonwealth waters…

Santos Makes Significant Oil Discovery at Pavo Well Offshore Australia

Mar 23, 2022

Australian oil and gas company Santos has made a 'significant' oil discovery at Pavo-1 exploration well, 46 kilometers east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.According to Santos, the well was drilled on…

Petronas Carigali Awards Offshore Drilling Contract to Velesto

Mar 11, 2022

Malaysian oil and gas company Petronas Carigali, a subsidiary of Petronas, has awarded a two-year contract to Velesto Energy's subsidiary Velesto Drilling for the provision of jack-up drilling rigs.The contract, which covers a suite of Velesto's NAGA jack-up rigs…

Santos Drilling Ahead at Pavo-1 Site Offshore Australia

Feb 15, 2022

Australian oil and gas company Santos is drilling ahead at its Pavo-1 well, off W. Australia, after last week's spud using the Noble Tom Prosser jack-up drilling rigThe Pavo-1, operated by Santos (70%) with Carnarvon as partner (30%) is targeting…

ConocoPhillips Hires Icon Caren Jack-up Rig for Sarawak Drilling

Feb 14, 2022

U.S. oil and gas company ConocoPhillips has awarded a jack-up drilling rig contract to Malaysia's Icon Offshore for its Sarawak 2022 drilling campaign.The contract is for the Icon Caren jack-up drilling rig, previously known as Perisai Pacific 101…

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

Jan 24, 2022

Kuwait Foreign Petroleum Exploration Company (“KUFPEC”) said Sunday that its subsidiary KUFPEC Indonesia had made a commercial discovery of gas and condensate in the Anambas Block, offshore Indonesia.  KUFPEC Indonesia made the discovery through the drilling of the Anambas-2X well…

Current News

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

Russia to Replace Sakhalin-2 Project Operator with New Firm

Russia to Replace Sakhalin-2 Project Operator with New Firm

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop
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