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Regional News: Austral-Asia

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Hibiscus Clears Australian FIRB's Hurdle to Take 25% Stake in Kitan Field
Friday, August 22, 2014 Hibiscus Petroleum moves nearer to completing its acquisition of a 25 percent stake in Kitan oil field after Australia's Foreign Investment Review Board raised no objections.

Kan Tan IV Continues Drilling at Whio-1 Well in PEP 51313 Offshore Taranaki
Friday, August 22, 2014 Cue Energy provides update on drilling at Whio-1 well in permit PEP 51313 offshore Taranaki, New Zealand.

Santos Makes Gas-Condensate Discovery at Lasseter-1 Well in Browse Basin
Friday, August 22, 2014 Santos makes a gas-condensate discovery at Lasseter-1 exploration well in permit WA-274-P in Browse Basin, offshore Western Australia.

Santos' Underlying 1H 2014 Net Profit Up 3% YOY to $240M
Friday, August 22, 2014 Santos posts an underlying first half profit of $240.3 million, 3 percent more than last year, with the gains due to an earlier start-up of the PNG LNG project.

Building an International Technical Career with Shell
Friday, August 22, 2014 Senior Manager of Operations at the Shell Middle Distillate Synthesis plant Teo Mui Poh explains why she's been so happy in her 20-year career.


Will Widodo Succeed in Reforming Indonesia's Upstream Sector?
Thursday, August 21, 2014 Indonesia's upstream petroleum sector is poised for interesting times as the new president may introduce investment-friendly policies to boost domestic petroleum production.

3D Oil Completes Sale of a 20% Stake in Otway Basin's T/49P Permit
Thursday, August 21, 2014 3D Oil completes the sale of 20 percent stake in T/49P exploration permit in Otway Basin, offshore Tasmania, Australia to Beach Energy.

Hydrocarbon Flows During Testing at Davenport 1 in Permit PEL 94 in SA
Thursday, August 21, 2014 Strike Energy reports that hydrocarbon shows were observed during testing operations at Davenport 1 well in PEL 94 in South Australia.

Prelude: A World's Worth Of Talent And Technology
Wednesday, August 20, 2014 Creating the world's first floating liquefied natural gas (FLNG) project continues to be one of the most ambitious engineering projects in the world.

Drilling at Phoenix South-1 in Permit WA-435-P Finds More Hydrocarbons
Wednesday, August 20, 2014 Carnarvon Petroleum reports that minor sands encountered during drilling at Phoenix South-1 well in permit WA-435-P offshore Western Australia indicates they were hydrocarbon bearing.

Inpex to Transfer 1.2% Interest in Ichthys LNG Project to Kansai Electric
Wednesday, August 20, 2014 Inpex agrees to transfer 1.2 percent of its equity interest in the Ichthys liquefied natural gas project offshore Western Australia to Kansai Electric Power Co.

Cashed-up Woodside Petroleum Sees Juicier M&A Prospects
Wednesday, August 20, 2014 Woodside Petroleum, armed with $4.3 billion to spend to fill a gap in its growth prospects, sees the chance of snaring an acquisition improving as rivals step up asset sales and competing bidders dwindle.

Woodside Posts Record Half-Year Profit of $1.015B, Up 27% YOY
Wednesday, August 20, 2014 Woodside posts record half-year profit of $1.015 billion, up 27 percent from $873 million in the previous year.

IPB-CalEnergy JV Gets Extension for Permit WA-424-P Work Program in WA
Tuesday, August 19, 2014 IPB Petroleum receives extension to the primary term work program for permit WA-424-P in the Browse Basin, offshore north west Australia.

AWE Provides Update on Drilling at Senecio-3 Well in Perth Basin
Tuesday, August 19, 2014 AWE provides update on drilling at the Senecio-3 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Darwin Marine Supply Base in Australia's NT Officially Opened
Tuesday, August 19, 2014 ASCO reports that the Darwin Marine Supply Base in Darwin, Northern Territory, Australia has been officially opened by the state's chief minister.

Oil Search Half-Year Profit Tops Forecasts As PNG LNG Flows
Tuesday, August 19, 2014 Oil Search beat forecasts with a 34% rise in half-year profit, boosted by the start of exports from the PNG LNG project which is expected to quadruple the company's output in 2015.

Apache Makes Major Oil Find at Phoenix South-1 Well in North West Shelf
Monday, August 18, 2014 Apache makes a major oil discovery at Phoenix South-1 well in permit WA-435-P in the North West Shelf in Western Australia.

Apache, JX Nippon Commit to Drill Roc Prospect in Permit WA-437-P in NWS
Monday, August 18, 2014 Apache and JX Nippon commit to drilling the Roc prospect in permit WA-437-P in the North West Shelf of Western Australia.

Hibiscus' CHPL Exercise Option to Acquire Permit VIC/L31 in Gippsland Basin
Monday, August 18, 2014 Hibiscus Petroleum's unit Carnarvon Hibiscus exercises option to acquire the remaining interest in permit VIC/L31 in the Gippsland Basin off Victoria, Australia from 3D Oil for $14.05 million.

Cooper Energy Gives Resource Estimate at Basker, Manta Fields Off Gippsland
Monday, August 18, 2014 Cooper Energy assesses that its net contingent resource in the Basker and Manta fields in permits VIC/L26, VIC/L27 and VIC/L28 in Australia's Gippsland Basin at 10.8 million barrels of oil equivalent.

Cue Reports that Drilling Continues at Whio-1 Well in NZ's Taranaki Basin
Monday, August 18, 2014 Cue Energy Resource provides update on drilling at Whio-1 well in permit PEP 51313 offshore Taranaki, New Zealand.

Key Petroleum Finds Encouraging Hydrocarbon Show at Dunnart-2 Well in WA
Monday, August 18, 2014 Key Petroleum finds encouraging hydrocarbon show at Dunnart-2 well in permit EP437 in Perth Basin, Western Australia.

Kea Fails to Find Commercial Oil at Puka-3
Monday, August 18, 2014 Kea Petroleum plugs and abandons its Puka-3 well in New Zealand after failing to find commercial hydrocarbons.

MEO Further Extends Notice Dates for Eni's Farm-in to Permit NT/P68
Friday, August 15, 2014 MEO Australia agreed to further extend the notice dates for Eni Australia to farm-in to permit NT/P68 in the Timor Sea, off northern Australia.

Drilling Continues at Whio-1 Exploration Well in PEP 51313 Offshore NZ
Friday, August 15, 2014 Cue Energy updates on drilling at Whio-1 exploration well in permit 51313 offshore New Zealand.

NWS Government Fails to Give Evidence for Suspending Rosella Drilling
Friday, August 15, 2014 The New South Wales (NSW) government fails to give the court evidence on its decision to suspend drilling of the Rosella exploration well in PEL 16 in NSW, Australia.

Ambassador Gives Update on Takeover Offer by Magnum Hunter, Drillsearch
Thursday, August 14, 2014 Ambassador Oil & Gas provides an update on the takeover offer by Magnum Hunter Resources and Drillsearch Energy.

NGE's Sale of a 50% Stake in PNG's PPL 269 to Santos Nearer to Completion
Wednesday, August 13, 2014 New Guinea Energy's sale of a 50 percent interest in permit PPL 269 in Papua New Guinea for up to $40 million to a subsidiary of Santos moves closer towards completion.

Energy Drilling Australia Mobilizes Schramm Rig to Drill in Cooper Basin
Wednesday, August 13, 2014 Energy Drilling Australia mobilizes the Schramm T550XD rig to drill in the Cooper Basin, Australia.

Beach Finds Oil at Balgowan-1 Exploration Well in PEL 91 in Cooper Basin
Wednesday, August 13, 2014 Beach Energy makes oil discovery at Balgowan-1 exploration well in permit PEL 91 in South Australia's Cooper Basin.

Siemens PLM Software Offers Solutions to Asia Pacific Yards, Regional Views
Wednesday, August 13, 2014 Siemens PLM Software eyes business growth in Asia Pacific, with the firm offering its software solutions to shipyards in the region.

Carnarvon Updates on Drilling at Phoenix South-1 Well in Permit WA-435-P
Tuesday, August 12, 2014 Carnarvon Petroleum provides update on drilling at Phoenix South-1 well in permit WA-435-P offshore Western Australia.

3D Oil Shareholders Agree to Transfer 20% Stake in Permit VIC/P57 to HIREX
Tuesday, August 12, 2014 3D Oil shareholders agree to transfer 20 percent stake in exploration permit VIC/P57 located offshore Victoria, Australia to Hirex.

AWE May Commence Approval Process for Senecio Project in Western Australia
Tuesday, August 12, 2014 AWE discloses that positive drilling results at Senecio-3 well in permits L1/L2 in Western Australia's Perth Basin may lead to commencement of the approval process for the development of Senecio unconventional gas field.

Douglas-Westwood: 'Australian LNG - A Lost Cause?'
Tuesday, August 12, 2014 Douglas-Westwood discusses "Australian LNG - A Lost Cause?" in its latest DW Monday's commentary.

NES Boosts Subsurface Expertise in Australia to Meet Regional Demand
Tuesday, August 12, 2014 NES Global Talent strengthens subsurface expertise in Australia to meet demand in Australia, New Zealand and Papua New Guinea.

Origin Completes Acquisition of 2 Permits in WA's Browse Basin from Karoon
Tuesday, August 12, 2014 Origin Energy completes acquisition of Karoon Gas' 40 percent interest in exploration permits WA-315-P and WA-398-P in Western Australia's Browse Basin.

Singapore's KrisEnergy Buys Out Chevron In Cambodian Oil Block
Monday, August 11, 2014 KrisEnergy agrees a $65 million deal to buy out Chevron's interest in an offshore oil block in Cambodia and take over as the block's operator.

Swire Pacific Offshore Turns to Tech-Savvy Vessels, Braces for Competition
Friday, August 08, 2014 Swire Pacific Offshore equips its fleet with new tech-savvy support vessels as it prepares for more challenging demands in the offshore supply vessel industry.

Dolphin Bags 3D Seismic Contract in the Pacific
Thursday, August 07, 2014 Dolphin Geophysical bags a 3D seismic contract in the Pacific, with work to commence in the fourth quarter of this year.

MEO to Pare Stake in Tassie Shoal Methanol & LNG Projects Offshore NT
Thursday, August 07, 2014 MEO Australia to trim stake in its Tassie Shoal Methanol and liquefied natural gas projects proposed for offshore Northern Australia.

Vietnam's Services Firms Look Overseas as Growth Slows at Home
Thursday, August 07, 2014 Slow growth at home is encouraging Vietnamese petroleum service companies to seek business opportunities overseas.

Over 950 Participants to Attend Upcoming SEAAOC 2014 in Darwin, Australia
Wednesday, August 06, 2014 The South East Asia Australia Offshore and Onshore Conference 2014 will be held in Darwin, Northern Territory, Australia later this month, with over 950 participants attending the event.

Key Updates on Drilling at Dunnart-2 Well in Permit EP437 in Perth Basin
Tuesday, August 05, 2014 Key Petroleum updates on drilling at Dunnart-2 well in exploration permit EP437 in Perth Basin, Western Australia.

Horizon Oil Terminates Merger Implementation Deed with Roc Oil
Tuesday, August 05, 2014 Horizon Oil terminates the merger implementation deed with Roc Oil following the offer to acquire the latter by Fosun International.

AWE Spuds Senecio-3 Appraisal Well in Permits L1/L2 in Perth Basin
Tuesday, August 05, 2014 AWE spuds Senecio-3 appraisal well in permits L1/L2 in the Perth Basin, Western Australia.

Real Energy Inks Deal for Rig 916 to Drill at Cooper Basin's Permit ATP927P
Tuesday, August 05, 2014 Real Energy signs contract with Ensign for Rig 916 to drill at its ATP927P exploration permit in Cooper Basin, Queensland, Australia.

China's Fosun Agrees $441M Takeover of Australia's Roc Oil
Monday, August 04, 2014 Australia's Roc Oil accepts a $441 million takeover offer from Chinese conglomerate Fosun International, saying it was better than its plan to merge with Horizon Oil.

Kan Tan IV Continues Drilling at Whio-1 Well in PEP 51313 Offshore Taranaki
Monday, August 04, 2014 Cue Energy reports that Kan Tan IV semisub continues drilling at Whio-1 well in permit PEP 51313 offshore Taranaki Basin, New Zealand.

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