Regional News: South Asia

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Essar Oil Emerges as India's Largest Unconventional Gas Producer
Wednesday, June 22, 2016 India's Essar Oil is the country's largest unconventional gas producer, supported by increased production at its Raniganj (East) coal bed methane block in West Bengal.

Fox Petroleum Invites SHI to Bid for India's FSRU LNG Terminal Project
Monday, June 20, 2016 Fox Petroleum invites Samsung Heavy Industries to participate in the floating storage regasification unit liquefied natural gas terminal project in Karnataka, India.

ONGC Sets New Pre-Monsoon Rig Move Offshore India
Friday, June 17, 2016 Oil and Natural Gas Corp., with support from Aqualis, sets a new pre-monsoon rig move record offshore India, moving 33 mobile offshore drilling units from mid-March to May.

Pakistan Seeks to Import More LNG to Address Supply Shortage
Thursday, June 16, 2016 Pakistan commences talks with some liquefied natural gas sellers seeking to import a greater quantity of the fuel to address the supply deficit in the country.

Rosneft Mimics Saudi Strategy To Get Foothold In Indian Market
Wednesday, June 15, 2016 Rosneft OJSC is mimicking the strategy of its biggest global competitor to expand in India as the world's top oil exporters vie for business in the fastest-growing crude-consuming nation.


Kreuz Subsea Completes Project at D1 Field Off India's West Coast
Tuesday, June 14, 2016 Singapore-based Kreuz Subsea completes a project at D1 field off the west coast of India.

India's Videocon Considers Divesting Upstream Assets to Repay Debts
Monday, June 13, 2016 India's Videocon Industries explores option of divesting its upstream assets to repay debts amid recent gains in global oil prices.

Swiber-Sime JV Commences Arbitration in India Over ONGC's B-193 Project
Thursday, June 09, 2016 Swiber and Sime Darby commences arbitration proceedings in India against Oil and Natural Gas Corp. over a process platform contract for the B-193 Project.

India Overtakes Japan as World's Third Largest Oil User After US, China
Thursday, June 09, 2016 India overtakes Japan as the world's third largest oil consumer after the U.S. and China, according to BP Statistical Review of World Energy 2016.

Amec FW Secures Contract for LNG Terminal Project in Ennore, Tamil Nadu
Tuesday, June 07, 2016 Amec Foster Wheeler secures contract for a liquefied natural gas terminal project in Ennore, Tamil Nadu, India from Indian Oil LNG.

BLOG: Time Running Out for Malaysian SPACs
Friday, June 03, 2016 Two special purpose acquisition companies (SPAC) listed on local stock exchange Bursa Malaysia fail to complete upstream asset acquisitions.

Oil's Emerging Giant Beckons US Wildcatters Who Riled OPEC
Thursday, June 02, 2016 The casualties of the U.S. shale bust are being offered a new frontier thousands of miles away in India to remake their fortunes.

ICSID Orders Petrobangla to Pay Niko $35M It Owed for Gas Deliveries
Tuesday, May 31, 2016 Niko Resources says the International Centre for Settlement for Investment Dispute (ICSID) has ordered Petrobangla to pay $35.3 million in amount owed to its indirect subsidiary for gas deliveries.