South Asia
News
October 29, 2014
Hijackings of small oil tankers by armed gangs are increasing in Southeast Asia, home to the shortest sea-trade route between the Middle East and China, even as pirate attacks globally fell for a third year.
News
October 29, 2014
PARIS, France -- Technip was awarded a substantial subsea contract by Chevron Indonesia, for the Bangka development, located in Rapak PSC area, approximately 70 km offshore the province of East Kalimantan, Indonesia.
News
October 28, 2014
SAN RAMON, California -- Chevron Corporation's Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. The project included an expansion of the existing gas plant to process increased natural gas volumes from Bibiyana field, additional development wells and an enhanced gas liquids recovery unit.
News
October 27, 2014
NORFOLK, Virginia -- Claxton Engineering, an Acteon company, has been awarded a 12 month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets.
News
October 27, 2014
STOCKHOLM, Sweden -- Lundin Petroleum has started drilling the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The Kitabu prospect is a stratigraphic trap located four km to the north of the Shell-operated producing South Furious 30 oil field with target reservoirs in onlapping turbidite sandstones of the same Miocene sequence.
News
October 27, 2014
STOCKHOLM, Sweden -- Lundin Petroleum has finished drilling at the Gobi prospect in the Gurita PSC, Natuna Sea, Indonesia. The well was dry. The Gobi-1 wildcat exploration well was drilled to a final depth of 2,373 m below mean sea level (MSL) using the Hakuryu-11 drilling rig.
News
October 27, 2014
SUBIACO, Western Australia -- Sino Gas & Energy Holdings has reported the successful testing of TB-2H, the second horizontal well drilled on the Linxing Production Sharing Contract (PSC).
News
October 27, 2014
SINGAPORE -- EMAS AMC, the subsea division of EMAS, has won multiple new awards from various energy companies valued at over $70 million. The awards come from a variety of national oil companies, oil majors and contractors.
News
October 27, 2014
HONG KONG -- CNOOC has reported that the company made a mid-to-large new discovery, Jinzhou 23-2 in Bohai.
News
October 22, 2014
JAKARTA, Indonesia -- BP, on behalf of the Tangguh Partners, has named the two consortia chosen for the onshore front end engineering and design (FEED) for the $12 billion Tangguh Expansion Project (Train 3) in Indonesia.
News
October 22, 2014
BEIJING (Bloomberg) -- China reduced oil imports from Saudi Arabia even as the world’s largest crude exporter cuts prices to lure Asian customers amid intensifying competition from Colombia to Oman. Oil deliveries from Saudi Arabia fell 2.7% to 4.74 million metric tons last month from a year earlier, according to data released today by the General Administration of Customs in Beijing. Shipments from Colombia surged 389.6%, while Russian deliveries increased by 56.8%.
News
October 21, 2014
G.E. has launched its Predictivity portfolio of industrial internet solutions to help customers across major industries in the Asia Pacific region.
News
October 21, 2014
KUALA LUMPUR, Malaysia -- Cubility AS has announced the opening of a new wholly owned office in Kuala Lumpur, Malaysia, and the appointment of Terje Vastveit as the office’s new head. As Far East Regional Manager, Vastveit’s brief will be to grow Cubility’s business in the region and provide technical support to existing operations. The announcement is in response to growing demand for Cubility’s MudCube technology and confirmation of the company’s growth plans in the region.
News
October 20, 2014
ABU DHABI, United Arab Emirates -- Aqualis Offshore has bagged three new contract awards for the company’s Middle East offices. Contract values are undisclosed.
News
October 19, 2014
SICHUAN, China (Bloomberg) -- PetroChina is on course to surpass a 2.6 Bcm target for shale gas production in 2015 from fields in the southwest province of Sichuan.
News
October 16, 2014
Blue Ocean Drilling Limited has entered into contracts with Shanghai Waigaoqiao Shipbuilding in China for the construction of a pair of identical Gusto MSC CJ50 jackup rigs.
News
October 16, 2014
SAN RAMON, California (Bloomberg) -- Chevron Corp. is delaying developing a second phase of a deepsea natural gas project off Indonesia’s Borneo island due to start in 2019. The final investment decision for Gendalo-Gehem won’t be taken this year, a Chevron spokesman said in an emailed statement Oct. 15. The San Ramon, California-based company has yet to submit a revised development plan for it, Zudaldi Rafdi, a spokesman at SKK Migas, Indonesia’s upstream oil regulator, said in a phone interview Oct. 15.
News
October 14, 2014
HØVIK, Norway -- DNV GL has appointed Arve Johan Kalleklev regional manager for oil and gas in Southeast Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore. The unit will support the extensive development plans for a safe, secure and reliable gas and LNG infrastructure in Asia.
News
October 14, 2014
ABERDEEN, United Kingdom -- Rolls Wood Group (RWG) has secured a long term maintenance agreement from Chevron Thailand Exploration & Production Ltd (Chevron) to service Rolls-Royce industrial gas generators operating at four separate offshore production facilities located in the Pattani basin, 120 miles from Thailand’s southern coastline.
News
October 13, 2014
SINGAPORE -- Keppel Offshore & Marine's wholly owned subsidiaries Keppel Shipyard and Keppel Nantong Shipyard have secured contracts from repeat customers worth a total of $122 million (S$153 million). Keppel Shipyard's contract is for the conversion of an FPSO for Armada Cabaca Limited, a wholly owned subsidiary of Bumi Armada Berhad while Keppel Nantong's contract is to construct a submersible barge for Smit Shipping Singapore Pte Ltd.
News
October 13, 2014
HANOI, Vietnam – Eni and Petrovietnam have signed two production sharing contracts (PSCs) for the exploration of blocks 116 and 124, located off the coast of Vietnam.
