Regional News: Southern Asia
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Reliance Industries Plans $26B Investment in 3 Years
Thursday, June 06, 2013 Reliance outline a three-year investment plan of $26B to further expand its businesses which range from gas production and oil refining to selling groceries and vegetables.
Petrovietnam Signs Myanmar Farm-out Agreement
Tuesday, June 04, 2013 Petrovietnam Exploration Production Corporation signs agreement to transfer part of its interest in the M2 Mottan Block, offshore Myanmar, to Maurel & Prom.
India to Finalize Policies to Boost Local Natural Gas Output
Tuesday, June 04, 2013 India will "very soon" finalize policy on shale gas exploration and is actively considering new rules to allow commercial gas production from coal blocks, M. Veerrappa Moily says.
Keppel Delivers 1st KFELS Super A Class Jackup
Monday, June 03, 2013 Keppel FELS Limited has delivered its first KFELS Super A Class jackup rig to Discovery Offshore S.A. (Discovery Offshore), which is managed by Hercules Offshore.
Jubilant Well Successfully Flows Gas
Monday, June 03, 2013 Jubilant Energy says that it has issued a notice of discovery after a well on its Tripura Block in India successfully flowed gas.
Jubilant Energy: Discovery at Tripura Well in India
Friday, May 31, 2013 A Notice of Discovery has been submitted to the Management Committee of the Block and Government of India, as required by the Production Sharing Contract, Jubilant Energy says.
ONGC Profit Falls 40% on Lower Output, Higher Costs
Wednesday, May 29, 2013 Oil and Natural Gas Corp. posts a sharper-than-expected 40% fall in its 4Q net profit because of lower oil and gas output and higher costs and write-offs.
Indonesia Explores Shale Gas Opportunities
Tuesday, May 28, 2013 Indonesia's state-owned oil and gas company, Pertamina, signs the country's first shale gas production-sharing agreement.
Reliance Makes Gas Condensate Discovery Offshore India
Friday, May 24, 2013 A significant gas condensate discovery was made in the deepwater KG D6 Block, offshore India, by partners Reliance, BP and NIKO.