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Regional News: Austral-Asia

 
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Farstad Shipping Bags $88M Charter Contracts for Work Globally
Friday, April 25, 2014 Farstad Shipping bags $87.57 million charter contracts to provide offshore supply vessels for work in several regions, including Asia.

Acteon's InterMoor Expands in Asia Pacific, Opens New Singapore Office
Friday, April 25, 2014 Acteon's unit InterMoor opens new office at Loyang Offshore Supply Base in Singapore as the firm expands to meet growth in Asia Pacific.

Indonesia's PT Elnusa Posts Net Profit of $4.6M in 1Q 2014, Up 47% YOY
Friday, April 25, 2014 Oil and gas services firm PT Elnusa posts a 47 percent rise in net profit to $4.6 million in the first quarter of 2014 as it focused on more cost-efficient projects, according to a local daily.

Songa Offshore Sells Songa Mercur, Songa Venus to Opus Offshore
Friday, April 25, 2014 Songa Offshore sells Songa Mercur and Songa Venus semisubs to Opus Offshore and formed a drilling joint venture with the latter targeting the international market, especially Southeast Asia.

Govt: Vietnam's Jan-April Crude Oil Exports Down 11% YOY
Friday, April 25, 2014 Vietnam will export an estimated 2.41 million tonnes, or 147,000 barrels per day (bpd), of crude oil in the first four months of this year, a drop of 11 percent from a year earlier, the government says.

  



Nido Prepares to Drill Baragatan-1 Well in SC63 in Palawan Basin in May
Thursday, April 24, 2014 Nido Petroleum discloses that preparations to drill the Baragatan-1 well in Service Contract 63 in north west Palawan Basin offshore the Philippines in May is in the final stages.

All At Sea: Global Shipping Fleet Exposed to Hacking Threat
Thursday, April 24, 2014 The next hacker playground: the open seas - and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet.

Vallianz Bids for $1.2B Offshore Vessel Supply Contracts Globally
Thursday, April 24, 2014 Vallianz Holdings bids for contracts, worth $1.2 billion, to supply offshore vessels for projects in Asia, Middle East, Latin America and Africa as part of its global expansion.

WestSide Prepares for Meridian Gas Field Expansion in Bowen Basin
Thursday, April 24, 2014 WestSide Corporation prepares to commence the first phase of Meridian gas field expansion in southern Bowen Basin, Australia.

Beach Energy Spuds Bungaloo-1 Well in PEL 494 in Otway Basin
Wednesday, April 23, 2014 Cooper Energy reports that drilling has commenced at Bungaloo-1 well in permit PEL 494 in Otway Basin, South Australia.

CNOOC Reports 1Q 2014 Net Production of 108.1 MMboe, Up 15.5% YOY
Wednesday, April 23, 2014 CNOOC reports net production of 108.1 million barrels of oil equivalent in the first quarter of 2014, 15.5 percent higher than last year.

China's YZJOE Lays Keel of Amedeo's Jackup Explorer 1 at Taicang Yard
Wednesday, April 23, 2014 Amedeo Resources reports that the keel of Explorer 1 jackup has been laid on schedule at Jiangsu Yangzijiang Offshore Engineering Co.'s new yard in Taicang, northwest of Shanghai, China.

Gas2Grid to Commence Production Testing Soon at Malolos-1 Well in Cebu
Wednesday, April 23, 2014 Gas2Grid will commence production testing soon at Malolos-1 well in the Malolos oil field in Cebu in the Philippines using Rig-2.

NZOG Completes 2D Seismic Survey in Waru Permit off South Taranaki
Wednesday, April 23, 2014 New Zealand Oil & Gas reveals that the Aquila Explorer vessel has completed acquisition of 2D seismic data in the Waru permit off South Taranaki, New Zealand.

Pirates Raid Oil Tanker off Malaysia, Take Away 3 Crew
Wednesday, April 23, 2014 Pirates raid an oil tanker off the coast of Malaysia and take three crew members with them.

PTTEP's Subsidiaries to Acquire Hess' Thai Upstream Assets for $1B
Wednesday, April 23, 2014 PTTEP's subsidiaries sign deal to acquire Hess' stakes in the Contract 4 Project in the Gulf of Thailand and in the Sinphuhorm project.

Cosco's Subsidiaries Bag $100M Contracts to Build 2 PSVs, 4 ERRVs
Tuesday, April 22, 2014 Cosco Corporation's subsidiaries bag contracts to build 2 platform supply vessels and 4 emergency response/rescue/field support vessels for around $100 million.

Drilling Continues at Pateke-4H Well in NZ's Offshore Taranaki Basin
Tuesday, April 22, 2014 AWE reports that drilling continues at Pateke-4H development well in petroleum mining permit 38158 offshore Taranaki Basin, New Zealand.

MEO Receives Nod for Vulcan Sub-Basin AC/P50, AC/P51 Work Program Variation
Tuesday, April 22, 2014 MEO Australia receives official approval for work program variations for exploration permits AC/P50 and AC/P51 in the Vulcan Sub-Basin off Northern Australia.

Neptune Marine Services Wins a Survey, ROV Contract for Ichthys LNG Project
Tuesday, April 22, 2014 Neptune Marine Services wins a survey and remotely operated vehicles contract from McDermott for the Ichthys liquefied natural gas project offshore Western Australia.

Kea Appoints New Managing Director
Tuesday, April 22, 2014 New Zealand-focused Kea Petroleum appoints Dr Ian Brown as its new managing director.

OMV Completes 2D Seismic Survey in PEP 53537 in Offshore Taranaki Basin
Tuesday, April 22, 2014 OMV completes 2D seismic survey in petroleum exploration permit 53537 in offshore Taranaki Basin, New Zealand.

Paradigm Supplies Software Solutions to New Zealand's Todd Energy
Tuesday, April 22, 2014 Paradigm supplies New Zealand's Todd Energy with seismic interpretation, formation evaluation and reservoir modeling software solutions.

PetroChina Aims to Produce 92 Bcf of Shale Gas in 2015
Tuesday, April 22, 2014 PetroChina intends to produce 91.8 billion cubic feet of shale gas in 2015, with production coming from the Sichuan and Yunnan provinces in China.

Petronas Eyes Brazil, Russia, India and China for E&P Growth
Monday, April 21, 2014 Petronas is keen to expand its business into the energy, including petroleum, sector in Brazil, Russia, India and China, according to a local daily.

Rex International Holdings Provides Updates on Upstream Portfolio
Monday, April 21, 2014 Rex International Holdings provides an update on its upstream portfolio, strategy and future plans.

RH Petrogas Reduces Stake in Block SK331 in Sarawak
Monday, April 21, 2014 RH Petrogas's unit sells 49% of its stake in RHP Mukah, the operator of Block SK331 in Sarawak, Malaysia, to Tumbuh Tiasa Enterprises.

National Hyperbaric Centre Opens New Singapore Facility
Friday, April 18, 2014 The National Hyperbaric Centre is opening an office in Singapore to provide subsea-related Training, Consulting, Diving/ROV Technical support and senior industry personnel for specialist projects.

Linc Energy Stands Firm in Environmental Dispute with Queensland Government
Thursday, April 17, 2014 Linc Energy stands firm in a dispute with the Queensland government in Australia over allegations that it has caused unauthorized environmental harm at the Chinchilla Underground Coal Gasification Research and Development Facility.

Keppel O&M's Net Profit Rises 11% in 1Q 2014 to $184.89M
Thursday, April 17, 2014 Keppel Offshore and Marine records a net profit of $184.89 million in the first quarter of 2014, up 11 percent from a year ago.

Santos Revenue Grows as Projects near Completion
Thursday, April 17, 2014 Higher oil sales offset flat production returns to bolster Australian company Santos' quarterly results.

Woodside Delivers Higher Revenues
Thursday, April 17, 2014 Additional oil sales and higher LNG prices pushed Woodside Petroleum's quarterly revenue in a positive direction.

Maersk Valiant Drillships Heads to GOM After Delivery from SHI's Shipyard
Thursday, April 17, 2014 Maersk Valiant drillship heads to the Gulf of Mexico for a two year assignment after delivery from Samsung Heavy Industries shipyard in Geoje-Si, South Korea.

Shell Finds Gas at Rosmari-1 Well in SK318 Offshore Malaysia
Thursday, April 17, 2014 Shell makes a deepwater gas discovery at Rosmari-1 exploration well in Block SK318 offshore Sarawak, Malaysia.

Gardline CGG Wins Asia Pacific Seismic Survey, Geochemical Sampling Deals
Thursday, April 17, 2014 The Gardline CGG joint venture wins three seismic survey and geochemical sampling contracts from companies in Australia and Southeast Asia.

Ezion Bags $79M Charter Contracts to Supply Service Rigs
Wednesday, April 16, 2014 Ezion Holdings bags 3-year charter contracts, worth $78.7 million, for the provision of two service rigs.

Malaysia's Hong Leong Subscribes for $155M New Shares in Ezion
Wednesday, April 16, 2014 Ezion Holdings announces that two subsidiaries of Malaysia's Hong Leong Company will each subscribe for 50 million new ordinary shares in the firm for approximately $155 million.

CIMC Raffles Delivers Newbuild Jackup HYSY 932 to COSL
Wednesday, April 16, 2014 CIMC Raffles delivers HYSY 932 to China Oilfield Services Limited, with the newbuild jackup to head to China's Bohai Bay soon to commence operations.

BHP Billiton Updates 2014 Production Guidance
Wednesday, April 16, 2014 Operational activities force the diversified resources company to adjust its petroleum division's production guidance for the current financial year.

Peak Oil & Gas Completes Seismic Work Over North Sumatra South Block A PSC
Wednesday, April 16, 2014 Peak Oil and Gas completes 2D seismic acquisition program over North Sumatra South Block A Production Sharing Contract in Indonesia.

Thailand's PTT Cuts 2014 Investment Due to Political Unrest
Wednesday, April 16, 2014 PTT, Thailand's top energy firm, plans to cut its 2014 investment budget by as much as 30 percent to $1.86 billion as the country's ongoing political unrest delays the launch of new projects.

Singapore's Keppel Corp 1Q Net Profit Falls 5%
Wednesday, April 16, 2014 Rig maker Keppel sees first quarter net profit drop 5%.

AGL Settles Outstanding Cash Calls for PEL 96 JV in South Australia
Wednesday, April 16, 2014 Strike Energy reports that partner Australian Gasfields has paid in full all of the past due cash calls for PEL 96 joint venture in South Australia.

NZ's Pateke-4H Well Drilling Cost to Rise Due to Operational Difficulties
Tuesday, April 15, 2014 AWE reports that drilling cost for Pateke-4H development well in petroleum mining permit 38158 offshore New Zealand is expected to rise due to operational difficulties.

Eni, KrisEnergy Take Over Neon's 25% Stake in Blocks 105, 120 Off Vietnam
Tuesday, April 15, 2014 Eni and KrisEnergy take over Neon Energy's 25 percent stake in two blocks offshore Vietnam after the latter defaulted on payments under the joint operating agreements.

China Inc Joins the Big League in Oil and Gas Services
Tuesday, April 15, 2014 Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals.

Mosman Inks Land Agreements for Drilling in NZ's Petroleum Creek Project
Tuesday, April 15, 2014 Mosman Oil and Gas inks land agreements to prepare for drilling at Crossroads-1 and Crestal-1 wells in the Petroleum Creek Project in New Zealand's South Island.

Santos Ends Drilling Work at Mt Kitty-1 in Amadeus Basin After Rig Incident
Tuesday, April 15, 2014 Santos ends drilling operations at Mt Kitty 1 well in Amadeus Basin in Northern Territory, Australia after an incident on the rig.

Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014 Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.

Malaysia's Kulim to List Oil & Gas Services Unit
Monday, April 14, 2014 Malaysia's Kulim plans to list its oil and gas services subsidiary, E. A. Technique.

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