South Asia
News
September 08, 2024
Transocean announced that Reliance Industries Limited awarded a binding Letter of Award for the Dhirubhai Deepwater KG1 for six wells offshore India. The estimated 300-day program is expected to commence in the second quarter of 2026.
News
August 16, 2024
MOL Pakistan has announced three new gas discoveries in the TAL Block through the Razgir-1 exploratory well.
News
August 14, 2024
India’s Swan Energy Ltd. plans to sell its stake in a floating liquefied natural gas (LNG) terminal to Turkey’s state-run Botas for $399 million.
News
August 06, 2024
In a financial update, India’s ONGC revealed that it has made five new discoveries in FY’ 25 so far. Since May 2024, ONGC has made three more discoveries (one onshore and two offshore) in its operated acreages.
News
August 06, 2024
Based on interpretation results of wireline logs data, Kawagarh-l Formation (Exploratory Target) was tested successfully at rate of around 16.4 MMcfgd and 159 bpd of Condensate at choke size 40/64' at Wellhead Flowing Pressure (WHFP) of 1874 Pounds per Square Inch (Psi).
News
May 30, 2024
India’s Oil and Natural Gas Corporation Limited (ONGC), supported by ABL as tow master and marine warranty provider, has moved a record high 45 drilling rigs to new locations ahead of the Indian monsoon season. ONGC’s previous record was 37 rig moves.
News
May 29, 2024
The Islamabad-based company is targeting oil production of about 50,000 bpd in the next four or five years, from 33,000 bpd currently, Chief Executive Officer Ahmed Hayat Lak said in an interview. The goal is for natural gas production to climb above 900 MMcfd from 720 MMcfd.
News
March 11, 2024
TGS, in partnership with SLB and Petrobangla, has acquired a 2D multi-client seismic data survey that has widespread coverage across offshore Bangladesh, encompassing over 75,000 km2 across all 24 blocks on offer in the bid round.
News
February 19, 2024
When drilling the well, OGDCL reached a total depth of 3,762 meters. Testing resulted in a production rate of 1.4 MMcfgs and 93 bpd of condensate.
News
February 11, 2024
Minister Al-Kaabi emphasized that, in order to face such challenges, especially in the context of the energy transition, the various stakeholders need to create a balance between energy security, affordability and sustainability, while encouraging investments in a diverse energy mix, including renewables, natural gas and other forms of energy sources to help mitigate risks associated with the volatility of energy markets.
News
February 11, 2024
The world’s third-biggest oil importer behind China and the U.S., India is set to be the single largest source of global oil demand growth between now and 2030 thanks to a booming economy, growing middle class and youthful demographics, according to the International Energy Agency.
News
February 08, 2024
Petronet on Tuesday renewed a contract to buy 7.5 million tons of LNG annually from Qatar from 2028 for 20 years in one of the largest ever deals for the super-chilled fuel. The country has so far found buyers for just about half of its new supply and needs to tie down others to long-term deals.
News
February 06, 2024
This dynamic platform unveils a comprehensive visualization of India's oil and gas resources, encompassing the infrastructure of conventional upstream, midstream, and downstream energy sectors.
News
January 30, 2024
In 2023, ADNOC Gas maintained a strong sales momentum signing several LNG agreements valued between $9.4 billion and $12 billion, while continuing to invest domestically to position itself to meet both local and international demand for natural gas.
News
January 14, 2024
Cairn has utilized Advanced Rock Physics and Seismic Inversion technology to predict subsurface sweet spots in and around the Jaya area. A cluster of prospects has been identified which can be developed through tieback to the Jaya facility.
News
November 29, 2023
The spotlight at IEW 2024 will demonstrate India's intricate energy landscape, characterized by a diverse energy mix, rapid growth in renewable energy, challenges related to energy access, urbanization, and economic development, all within the context of addressing climate change.
News
November 21, 2023
(WO) — Pakistan Petroleum Limited (PPL) has made a gas condensate discovery with its Jhim East X-1 exploration well on Block 2467-16 (Shah Bandar), located in Sujawal district in Pakistan’s Sindh province.
News
November 08, 2023
McDermott will perform the transportation and installation of a central processing platform (CPP) and living quarters. Once installed, the CPP will be used to process wet gas which will then be transferred from the platform to an onshore terminal.
News
October 31, 2023
The improved Production Sharing Contract aims to generate further interest and, fundamentally, attract more international oil and gas companies to explore offshore Bangladesh.
News
August 30, 2023
Transocean Ltd. announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India.
News
June 30, 2023
The start of gas and condensate production from the MJ field follows the start-up of the R-Cluster field in December 2020 and Satellite Cluster in April 2021. All three developments utilize the existing hub infrastructure for the block.
