News
October 27, 2015
GE has announced that it will invest up to $1 billion in the power, oil and gas, and healthcare sectors to support Indonesia’s accelerated economic growth.
News
October 26, 2015
Lundin Malaysia, a wholly owned subsidiary of Lundin Petroleum has made a small gas discovery with the Mengkuang-1 exploration well in license PM307, offshore Malaysia.
News
October 26, 2015
Oil swung between gains and losses near the lowest closing price in almost four weeks as investors weighed a slowing pace of U.S. drilling-rig reductions against an interest rate cut in China.
News
October 23, 2015
Wison Offshore & Marine Ltd. has announced that a ceremony was held to celebrate the keel-laying of the EXMAR FSRU project, a barged-based floating LNG regasification unit, in the dry-dock of Wison Offshore & Marine.
News
October 22, 2015
Technip has been awarded a subsea contract by JX Nippon Oil and Gas Exploration (Malaysia) Ltd. for Layang field, Block SK10, offshore Sarawak, Malaysia. The field has a water depth of 85 m.
News
October 22, 2015
CNOOC announced Thursday that the Caofeidian 6-4 oil structure in Bohai, discovered in 2014, has been appraised and confirmed as a mid-sized oil field.
News
October 21, 2015
BP Plc agreed to supply liquefied natural gas to China Huadian Corp. in a deal worth as much as $10 billion over two decades.
News
October 21, 2015
Ophir Energy has commenced its two well exploration drilling program in Block G4/50, in the western Gulf of Thailand, with the spud of the G4/50-10 exploration well on the Soy Siam prospect, the London-based company announced Monday.
News
October 21, 2015
Electromagnetic Geoservices (EMGS) has signed a contract extension, worth approximately $7 million, with an oil company in Malaysia.
News
October 20, 2015
AWE Ltd. announced Tuesday that ROC Oil Company (ROC), the operator of Block 09/05 in China’s Bohai Bay basin, has confirmed that the second of two planned exploration wells in the block, QK12-3-1D, reached the planned total depth of 3,600 m MDRT (measured depth below the rotary table) at 03:00 AEDT on Oct. 18, 2015.
News
October 20, 2015
When it comes to deciding how much to charge Asian oil buyers, OPEC members are showing little regard for tradition.
News
October 07, 2015
Recent reports by the International Energy Agency note that Canada will fail to have any LNG export projects up and running before 2020, paving the way for U.S. suppliers to dominate.
News
October 06, 2015
Encouraged by the plunge in commodity prices, the world’s biggest buyers of LNG are demanding more say in negotiations with their suppliers.
News
October 01, 2015
Aker Solutions has been awarded a contract by Murphy Sabah Oil Co. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia.
News
October 01, 2015
Oil rose amid signs of stabilization in China, the world’s second-biggest user, and as the U.S. and OPEC production slowed.
News
September 30, 2015
As part of the Sakhalin Oil & Gas 2015 International Conference, Alexander Medvedev, deputy chairman of the Gazprom Management Committee delivered today in Yuzhno-Sakhalinsk a report entitled ‘Gazprom Group in Asia-Pacific Gas Markets’.
News
September 30, 2015
Decreases in the cost to drill shale gas wells and continued investment into domestic production have allowed China to increase its development of shale gas.
News
September 29, 2015
ABS has granted Mitsui Engineering & Shipbuilding Co. Ltd. (MES) approval in principle (AIP) for a floating production, storage and offloading (FPSO) vessel design and an epoch-making construction concept.
News
September 23, 2015
CGG announced Wednesday that all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste have now been fully processed and are ready for delivery.
News
September 22, 2015
Wireless Seismic has announced the sale and delivery of its RT System 2 seismic data acquisition system to the Chinese seismic contractor, SINOPEC Geophysical Corporation (SGC), following extensive system trials in China.
News
September 22, 2015
The slump in LNG prices still has further to go, even after a plunge of 60% from last year’s peak, according to FGE, an energy consultant.
