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Asian Shallow Water - page 7

 

Offshore Drilling: It’s Going to Get Worse Before It Gets Better

Mar 23, 2020

With the oil price crash and COVID-19, the near-term outlook for the offshore rig market is on a lot of minds. RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it’s going to get worse before it gets better…

Shelf Drilling's Jack-Up Rig Contract Cut Short

Mar 19, 2020

Jack-up rig contractor Shelf Drilling has informed that the contract for its jack-up rig Shelf Drilling Tenacious would be cut short.The company on Thursday said it had entered into a mutual agreement with the customer to amend the contract…

Santos Preps for Yoorn-1 Drilling

Mar 12, 2020

Australian oil and gas operator Santos is planning to carry out an offshore survey in preparation for the proposed Yoorn-1 drilling in the offshore block WA-499-P, in W. Australia.According to an application filed this week, as part of the drilling preparatory work…

Borr Drilling: Demand for Jack-Ups to Grow. 2019 Was a Record Year

Feb 28, 2020

Jack-up drilling contractor Borr Drilling's Chairman has said that 2019 was a record year when it comes to jack-up rig contract years awarded and that demand is high for modern jack-ups.In a statement Friday, the Chairman of the Board, Paal…

Cooper Eyeing Annie Gas Find Start-Up in 2022

Feb 24, 2020

Australian oil and gas company Cooper Energy might bring its Annie gas discovery online in 2022.Cooper, in cooperation with Mitsui E&P, made the discovery at the Annie-1 well, located 9 kilometers offshore Victoria, Australia, in September 2019…

Coro Energy Pulls Out of Bulu PSC Deal

Jan 31, 2020

The Southeast Asian focused oil company Coro Energy will not be buying a share in the Bulu PSC, offshore Indonesia, citing  increased risks around the Bulu project.'The company had in September 2018 agreed to buy a 42.5% interest in the shallow water (60m) block offshore East Java…

Shelf Drilling Finds Work for Ex-Maersk Jack-Up

Jan 14, 2020

The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…

First Gas Flows From SapuraOMV's SK408 Block

Jan 13, 2020

SapuraOMV, an E&P joint venture between Malaysia's Sapura and Austrian OMV, has started the first production from SK408 block, off Malaysia, bringing online the Larak gas field. The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014…

SAExploration Wins AsiaPac Deal

Sep 29, 2019

Houston-based  global seismic services company SAExploration has won a a new shallow-water ocean-bottom marine project in the Asia Pacific region for a major national oil company.According to a press note from the ocean bottom node seismic company the contract is valued at approximately $28 million…

EU Threatens Turkey with Sanctions over Cyprus Drilling

Jul 11, 2019

The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's 'illegal' drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows…

GulfSlope Energy Forms JV for GoM

Jul 01, 2019

GulfSlope Energy, an independent oil and natural gas exploration company, has signed a letter of intent to enter a joint venture (JV) for drilling of shallow water depth prospects in the Gulf of Mexico (GoM).The oil and natural gas company focused on exploring offshore U…

Pemex Steering Clear of Deepwater

Jun 21, 2019

Petroleos Mexicanos will focus on shallow water projects and onshore plays, and avoid investing in its deepwater riches for now, as the ailing Mexican state-run oil company seeks to turn around a 14-year slide in crude production, a top official said on Thursday…

Santos Finds Gas Off Western Australia

Apr 16, 2019

Santos announced Tuesday it has confirmed significant gas resource in the Corvus-2 appraisal in the Carnarvon Basin, offshore Western Australia.Corvus-2 is located in 63 meters water depth, approximately 90 kilometers northwest of Dampier in Commonwealth waters within petroleum permit WA-45-R…

Black Sea MGD Project Gets Government Nod

Apr 15, 2019

Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group LP, announced it has received Romanian government approval from the Romanian Government through the National Agency for Mineral Resources (NAMR) for its plan to develop…

Equinor Drills Dry Well in the Barents Sea

Feb 12, 2019

Norwegian energy company Equinor has come up dry in the drilling of its first wildcat well in production licence 857 in the southeastern part of the Barents Sea.Equinor, as operator of production licence area Gjøkåsen, drilled 7132/2-1 targeting…

Current News

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Driven by Oil & Gas, Norway Wealth Fund Approachs $2 Trillion

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OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

CNOOC Brings Bohai Sea Oil Field On Stream

CNOOC Brings Bohai Sea Oil Field On Stream

TVO Selects Collins to Head Australian Ops

TVO Selects Collins to Head Australian Ops

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

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