Regional News: Austral-Asia
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KrisEnergy Updates on Drilling at Cua Lo-1 ST-1 Well off Vietnam
Friday, December 06, 2013 KrisEnergy provides an update on drilling at Cua Lo 1 ST-1 exploration well in Block 105-110/04 off northern Vietnam.
Efforts are Underway to Resume Drilling at Naga Utara-2 Well in Kutei Basin
Friday, December 06, 2013 Cue Energy reveals that operations to recover a drill string and resume drilling are in progress at Naga Utara-2 well in the Mahakam Hilir Production Sharing Contract in Kutei Basin, Indonesia.
Sources: Chevron's $6.4B China Gas Project Pushed Back Again
Friday, December 06, 2013 A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry sources say.
ENSCO 104 Continues Work at Blackwood-2 Well in Permit NT/P68
Friday, December 06, 2013 MEO Australia discloses that the jackup ENSCO 104 continues work at the Blackwood-2 appraisal well in Permit NT/P68 offshore Australia's Northern Territory.
Strike Energy Reports Elevated Gas Readings at Le Chiffre 1 Well in PEL 96
Friday, December 06, 2013 Strike Energy reports that elevated gas readings were recorded when drilling the Le Chiffre 1 well in petroleum exploration license 96 in South Australia's Southern Cooper Basin Gas Project.
VIC/P57 JV Receives Production License for West Seahorse Oil Field
Friday, December 06, 2013 The National Offshore Petroleum Titles Administrator of Australia awards the VIC/P57 joint venture a production license over the West Seahorse oil field in Australia's Gippsland Basin.
Total Buys Stake In Papua New Guinea Bloc
Friday, December 06, 2013 Total agrees to buy a 61.3-percent stake in InterOil's Papua New Guinea gas fields for up to $3.6 billion.
Australia Defends Raids on E. Timor Lawyer and Whistleblower
Thursday, December 05, 2013 Attorney-General George Brandis says raids by AU's domestic spy agency on the Canberra offices of a lawyer representing East Timor over Australian bugging claims were justified.
Ketu Petroleum to Acquire 20% Stake in PPL 259 in PNG from Eaglewood Energy
Thursday, December 05, 2013 Eaglewood Energy inks deal to farm out 20 percent interest in Petroleum Prospecting License 259 in Western Province, Papua New Guinea to Ketu Petroleum.
Indonesia Signs First LNG Import Deal as Consumption Grows
Thursday, December 05, 2013 Indonesia has signed its first liquefied natural gas (LNG) import deal, signalling the beginning of a sea change for a country that has been one of the top exporters of the fuel for decades.
Statoil, Woodside Among Winners in New Zealand 2013 Exploration Block Offer
Thursday, December 05, 2013 New Zealand awards 10 new onshore and offshore petroleum exploration permits as part of Block Offer 2013, with Statoil and Woodside among the successful bidders.
First Gas Flows from Pilot Well #2 in Muara Enim PSC in South Sumatra
Thursday, December 05, 2013 NuEnergy announces that first gas flows from Pilot Well #2 at the Muara Enim Production Sharing Contract in South Sumatra, Indonesia.
Galoc Phase II Oil Development in SC14C Commences First Production
Thursday, December 05, 2013 Otto Energy announces that first oil commences from Galoc Phase II development in Service Contract 14C in the Palawan Basin, Philippines.
Samsung Engineering Inks $770M Deal to Build Gas Terminal in Terengganu
Thursday, December 05, 2013 Samsung Engineering signs a $770 million contract with Petronas Carigali and Hess Exploration and Production Malaysia to build the Terengganu Gas Terminal Development Project in Malaysia.
Swissco Orders 2 AHTS, 1 Fast Utility/Crew Boat for $33.5M from China
Thursday, December 05, 2013 Swissco orders two anchor handling tug supply vessels and a fast/utility crew boat for $33.5 million from yards in China.
Metgasco Plans to Drill Rosella E01 in PEL 16 in New South Wales
Wednesday, December 04, 2013 Metgasco plans to drill Rosella E01 well in Petroleum Exploration License 16 in New South Wales, Australia.
NZEC, L&M Reactivate Oil Production from TWN Licenses in Taranaki Basin
Wednesday, December 04, 2013 New Zealand Energy Corp. and L&M Energy reactivate oil production from six wells in the Tariki, Waihapa and Ngaera licenses in New Zealand's Taranaki Basin.
Philippine DOE Extends Subphase 2b for SC 63 off Palawan Island
Wednesday, December 04, 2013 Nido Petroleum reports that Philippines' Department of Energy has extended sub-phase 2b for Service Contract 63 off Palawan Island in the Philippines to November 2014.
Santos Sees 2014 Production Driven by PNG LNG Start-Up
Wednesday, December 04, 2013 Santos discloses that the company's 2014 production is projected to reach 52 to 57 million barrels of oil equivalent, driven by start-up of the Papua New Guinea liquefied natural gas project in 2Q 2014.
S.Korea to Focus on Exploration as Cuts Overseas Energy Spend
Wednesday, December 04, 2013 South Korea's state-owned energy firms will focus on exploration as the import-reliant nation cuts back its total spending on overseas energy and resources development, a senior energy ministry official says.
Wolf Gets Encouraging Geochemical Results in Mongolia's Sukhbaatar Block
Wednesday, December 04, 2013 Wolf Petroleum reports that geochemical analysis taken from seismic shot holes indicates light crude oil and propane gas concentrations in Mongolia's Sukhbaatar Block.
Keppel FELS Delivers Jackup La Covadonga to CP Latina
Tuesday, December 03, 2013 Keppel FELS delivers newbuild La Covadonga to CP Latina, with the jackup enroute to Mexico shortly to commence work in support of Pemex's operations.
Drilling Underway at Matuku-1 Well in PEP 51906 in Taranaki Basin
Tuesday, December 03, 2013 New Zealand Oil & Gas reveals that drilling is underway at the Matuku-1 well in Petroleum Exploration Permit 51906 offshore Taranaki Basin, New Zealand.
Bohai VIII Spuds Koi-2 Well in Salawati Kepala Burung PSC off West Papua
Tuesday, December 03, 2013 RH Petrogas announces that drilling has commenced at Koi-2 appraisal well in the Salawati Kepala Burung Production Sharing Contract in West Papua, Indonesia.
Tap Reports an Oil Discovery at Malida-1 Well in Block G1/48 off Thailand
Tuesday, December 03, 2013 Tap Oil reports that an oil discovery has been made at Malida-1 well in Block G1/48 in the Gulf of Thailand.
Unithai Shipyard Completes Upgrade, Repair on Compact Driller
Tuesday, December 03, 2013 Unithai Shipyard completes upgrading and repairs on Shelf Drilling's jackup Compact Driller, which will soon resume operations in the Gulf of Thailand.
Keppel Shipyard, Golar LNG in Negotiations for a FSLV Conversion Project
Monday, December 02, 2013 Keppel Shipyard is in negotiations with Golar LNG for a floating storage and liquefaction vessel conversion project.
Japan Finds Methane Hydrate in Sea of Japan
Monday, December 02, 2013 Japan has discovered methane hydrate lying over a large area in the Sea of Japan in northwestern Japan, in addition to previously discovered areas in the Pacific Ocean, the trade ministry says.
Former Malaysia PM Mahathir Quits as Petronas Adviser
Monday, December 02, 2013 Former Malaysian PM Mahathi Mohamad quits as an adviser to state-run oil company Petronas.
NZEC Gains 100% Stake in East Coast Permit in Raukumara Region in NZ
Monday, December 02, 2013 New Zealand Energy Corp. reports that it has been awarded 100 percent interest in East Cape Permit in the Raukumara region in New Zealand's East Coast Basin.
Pertamina Completes Agreement to Acquire 10% Stake in West Qurna I
Monday, December 02, 2013 Pertamina completes an agreement with ExxonMobil to acquire a 10 percent stake in West Qurna I block in Iraq.
Senex Books Contingent Oil Resource in Cooper-Eromanga Basin
Monday, December 02, 2013 Senex Energy quantifies a significant contingent oil resource within the Murta Formation of South Australia's southern Cooper-Eromanga Basin.
PTTEP, Pertamina to Jointly Acquire Hess' Indonesian Assets for $1.3B
Monday, December 02, 2013 Subsidiaries of PTTEP and Pertamina sign share purchase agreements to jointly acquire Hess' upstream assets in Indonesia for $1.3 billion.
South Georgina JV Raises Exploration Expenditure for Stage 1 by $35M
Friday, November 29, 2013 Central Petroleum and Total raise the Stage 1 exploration expenditure for their South Georgina Basin Joint Venture in Queensland, Australia to $95 million.
Cue Updates on Drilling at Naga Utara-2 Well in Mahakam Hilir PSC
Friday, November 29, 2013 Cue Energy updates on drilling at Naga Utara-2 well in the Mahakam Hilir Production Sharing Contract in Kutei Basin, Indonesia.
Galoc Phase II Project to Commence Oil Production in Early December
Friday, November 29, 2013 Nido Petroleum reports that Galoc Phase II development is expected to commence production in early December.
NuEnergy to Raise $2.27M Via Rights Issue to Fund Muara Enim PSC Project
Friday, November 29, 2013 NuEnergy Gas plans to raise $2.27 million through a rights issue to fund its development program at the Muara Enim Production Sharing Contract in South Sumatra, Indonesia.
Ocean General Continues Work at CRD-3X Well in Block 07/03 off Vietnam
Friday, November 29, 2013 Pan Pacific Petroleum discloses that the Ocean General semisub is continuing work at the CRD-3X well in Block 07/03 Production Sharing Contract in Vietnam's Nam Con Son Basin.
Petrofac Launches Subsea Engineering & Consulting Services in Malaysia
Friday, November 29, 2013 Petrofac launches subsea engineering and consultancy business services in Malaysia to tap into the Asia-Pacific offshore market.
Swissco Secures $21.5M Charter Contracts for 2 AHTS Vessels
Friday, November 29, 2013 Swissco secures charter contracts, valued at $21.49 million, for two anchor handling tug and supply vessels for work in the Middle East and North East Australia.
Interra Ends Drilling at TMT-57 Well in Tanjung Miring Timur Oil Field
Thursday, November 28, 2013 Interra Resources' unit Goldwater TMT completes development well TMT-57 at the Tanjung Miring Timur field in South Sumatra, Indonesia as an oil producer.
Indonesia Gives Chevron Oil Contract in Sumatra to Pertamina
Thursday, November 28, 2013 Indonesia's energy ministry will not renew Chevron Corp's oil contract at a small oilfield in Sumatra and will hand over management to state-owned oil firm Pertamina, industry officials say.
Acteon Opens Center in Singapore to Support SEA Operations
Thursday, November 28, 2013 Acteon recently opens the Acteon Singapore Operations Center at the Offshore Marine Center in Singapore's Tuas industrial area to support its operations in Southeast Asia.
Otto Energy Executes LOI to Assume BHP Billiton's Interest in SC55
Thursday, November 28, 2013 Otto Energy executes a letter of intent with BHP Billiton Petroleum (Philippines) Corporation to assume the latter's interest in Service Contract 55 offshore the Philippines.
RH Petrogas Updates on Operations at its Indonesian Assets
Thursday, November 28, 2013 RH Petrogas provides an update on operations at its Production Sharing Contracts in Indonesia.
Drilling Commences at TMT-58 Development Well in Sumatra
Thursday, November 28, 2013 Singapore-listed Interra Resources commenced drilling at TMT-58 development well in the Tanjung Miring Timur oil field in South Sumatra, Indonesia.
PTTEP Keen to Add Hess' Southeast Asian Assets to Portfolio
Thursday, November 28, 2013 Thailand's PTTEP is interested in acquiring mature upstream Southeast Asia assets offered by independent oil and gas company Hess Corp.
Blue Energy Continues Drilling at ATP813P in Australia's Galilee Basin
Wednesday, November 27, 2013 Blue Energy continues drilling at Stagmount 1 exploration well in ATP813P in Galilee Basin, Central Queensland, Australia.
Jacobs Bags Contract for Concept Study, Pre-FEED Work for QCLNG Project
Wednesday, November 27, 2013 Jacobs Engineering bags a contract from QGC to perform concept study and pre-front end engineering and design work for the Queensland Curtis liquefied natural gas project in Australia.
Neon Updates on Drilling at Ca Ngu-1 Well in Block 120 off Vietnam
Wednesday, November 27, 2013 Neon Energy provides an update on drilling operations at the Ca Ngu-1 exploration well in Block 120, off Vietnam.
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