Regional News: Austral-Asia

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Neptune Bags Kitan Disconnection Project Contract from Technip
Thursday, February 11, 2016 Neptune Marine Services bags a contract from Technip for the Kitan disconnection project in the Australia-Timor Leste Joint Petroleum Development Area.

Buru Energy Plans Flow Test at Ungani Far West 1 Well in WA's Canning Basin
Thursday, February 11, 2016 Buru Energy plans to carry out a flow test at Ungani Far West 1 well in Western Australia's Canning Basin after releasing drilling rig.

FIRB Clears AEGP to Farm-in to Empire Energy's NT Petroleum Tenements
Wednesday, February 10, 2016 Australia's Foreign Investment Review Board gives its clearance for AEGP, an affiliate of American Energy Partners, to farm-in to Empire Energy Group's Northern Territory petroleum tenements.

Australia's Bhagwan Marine Acquires Perth-based Delta Subsea
Wednesday, February 10, 2016 Australia's Bhagwan Marine acquires Perth-based subsea engineering consulting firm Delta Subsea.

WA DMP Approves Pilot Energy's Farm-in to 2 Perth Basin Exploration Permits
Wednesday, February 10, 2016 The Western Australian Department of Mines & Petroleum approves Pilot Energy's farm-in to exploration permits EP416 and EP480 in Perth Basin.


Buru Provides Update on Ops at Ungani Far West 1 Well in Canning Basin
Thursday, February 04, 2016 Buru Energy updates on operations at the Ungani Far West 1 well in Canning Basin, Western Australia.

Armour Commences Legal Proceedings Against AEP's Australian Affiliate
Thursday, February 04, 2016 Armour Energy commences legal proceedings in Queensland's Supreme Court after American Energy Partners's affiliate AEGP Australia failed to complete the farm-in to its Northern Territory tenements in Australia.

AGL To Give Up Gas Production As Energy Prices Plunge
Thursday, February 04, 2016 AGL Energy Ltd., Australia's biggest electricity producer, will exit natural gas exploration and production after the plunge in energy prices and expects to book $459 million in writedowns.

Australia's Matrix and AMOG Enter into Licensing Agreement for LGS System
Wednesday, February 03, 2016 Australia's Matrix Composites & Engineering enters into a global licensing agreement with AMOG to commercialize the Longitudinally Grooved Suppression (LGS) system.

DMP Approves OBL's Plan to Vary the Work Program for Derby Block in WA
Wednesday, February 03, 2016 Western Australia's Department of Mines and Petroleum approves a variation in Oil Basins Limited's Work Program for the Derby Block.

Mosman Terminates Plan to Acquire South Taranaki Energy Project in NZ
Tuesday, February 02, 2016 Mosman Oil and Gas terminates plan to acquire the South Taranaki Energy Project in New Zealand from Origin Energy.

Flood Of Oil Asset Writedowns Seen Across Asia On Crude Rout
Tuesday, February 02, 2016 Investors in Asian oil and gas companies should prepare for a wave of writedowns after a collapse in crude prices.

Transerv Finds Encouraging Gas Flows at Warro-6 Well in Western Australia
Tuesday, February 02, 2016 Transerv Energy finds encouraging gas flows from the Warro-6 onshore well in Western Australia.

Chevron Expects First Production from Gorgon LNG Project in 1Q 2016
Monday, February 01, 2016 Chevron expects production from the Gorgon liquefied natural gas project to commence in the first quarter of 2016, while first gas from the Wheatstone project is likely to flow in mid-2017.

Total Continues Drilling at Antelope-6 Well in PNG's Gulf Province
Monday, February 01, 2016 Total provides an update on drilling at the Antelope-6 appraisal well in Petroleum Retention License 15 in the Gulf Province of Papua New Guinea.

Holloman and JV to Continue Exploration of PELs 112, 444 in Cooper Basin
Friday, January 29, 2016 Holloman Energy and its partners plan to continue exploration work in Australia's Petroleum Exploration Licenses 112 and 444 in South Australia's Cooper Basin.

Decmil Bags Accommodation Contract from ConocoPhillips for APLNG Facility
Friday, January 29, 2016 Decmil secures contract from ConocoPhillips to provide temporary accommodation for shutdown workforce at the Australia Pacific LNG facility on Curtis Island, Queensland, Australia.

LNG Industry Set to Continue as Bright Spot in Challenging AU Market
Friday, January 29, 2016 Australia's LNG sector continues to evolve and is set to be the source of new and ongoing activity in the country despite low commodity prices.

Bengal Ends Hydraulic Stimulation Program in Cooper Basin's Barta Block
Friday, January 29, 2016 Bengal Energy completes hydraulic stimulation program on ATP 752 Barta Block in Australia's Cooper Basin.

NOPTA Approves Suspension of Year 2 Work Program for PEP 11 Off Australia
Friday, January 29, 2016 The National Offshore Petroleum Titles Administrator approves Advent Energy's suspension of the Year 2 work program for PEP 11, located in the offshore Sydney Basin, Australia.

Buru Updates on Drilling at Ungani Far West 1 Well in WA's Canning Basin
Thursday, January 28, 2016 Buru Energy updates on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

Carnarvon Secures 35% Stake in Retention License TR/3 Offshore WA
Thursday, January 28, 2016 Carnarvon Petroleum secures a 35 percent interest in retention license TR/3 offshore Western Australia.

Civmec to Expand Business by Forging Partnerships, Tech Collaborations
Thursday, January 28, 2016 Civmec sticks to its business expansion plan through partnerships and technology collaborations.

Clough Bags Hook-up Services Contract for Ichthys FPSO from DSME
Thursday, January 28, 2016 Clough bags a hook-up services contract for the Ichthys floating, production, storage and offloading facility from Daewoo Shipbuilding & Marine Engineering Co.

Energy Navigator Opens Australian Office to Tap Business Outside N. America
Wednesday, January 27, 2016 Energy Navigator opens office in Brisbane to support and grow the oil and gas software maker's business outside North America.

Drillsearch Shareholders Approve Planned Merger with Beach Energy
Wednesday, January 27, 2016 Drillsearch Energy shareholders approve a proposed merger with Beach Energy to create the largest mid-cap oil and gas firm listed on the Australian Securities Exchange.

Beach Energy Completes Udacha-1 Well Stimulation, Flow Test in Cooper Basin
Wednesday, January 27, 2016 Beach Energy successfully completes fracture stimulation and flow test of the Udacha-1 well in PRL 26 in South Australia's Coooper Basin.

SHI Awards Ichthys LNG Project CPF Hook-up Services Contract to Clough
Wednesday, January 27, 2016 Samsung Heavy Industries awards a hook-up services contract for Australia's Ichthys liquefied natural gas project central processing facility to Clough.

FMC Inks $180M Subsea Contract with Woodside for WA's GWF-2 Project
Tuesday, January 26, 2016 FMC Technologies inks a $180 million subsea production systems contract for the Greater Western Flank Phase 2 Project off Western Australia.

New Zealand's Tui Project JV Extends Contract for FPSO Umuroa to 4Q 2017
Monday, January 25, 2016 Australia's AWE and partners in offshore New Zealand's Tui oil development extend the contract for BW Offshore's FPSO Umuroa by a year to the fourth quarter of 2017.

Comet Ridge Updates on Mahalo 7 Well in ATP 337P in Queensland
Monday, January 25, 2016 Comet Ridge provides an update on operations at the Mahalo 7 well in permit ATP 337P in Queensland, Australia.

InterOil Commences Test Flow at Antelope-5 Well in PNG's Gulf Province
Friday, January 22, 2016 InterOil commences flow test at Antelope-5 well in Petroleum Retention License 5 in the Gulf Province of Papua New Guinea.

Global Petroleum Director Resigns from Board
Friday, January 22, 2016 Peter Dighton, one of Global's two Australian resident non-executive directors, has resigned from the board.

Santos Sees Writedowns as Sales Slump 24% Amid Oil Collapse
Friday, January 22, 2016 Santos reports a 24 percent drop in fourth-quarter sales and flagged asset writedowns after a further decline in oil prices since its November announcement of a $2.5 billion program to cut debt.

Empire O&G Completes Interpretation of Geophysical Survey in Perth Basin
Thursday, January 21, 2016 Empire Oil and Gas completes interpretation of the Black Swan Airborne geophysical survey in the Perth Basin, Western Australia.

Drillsearch Expects Full Year CAPEX to be at Lower End of FY2016 Guidance
Thursday, January 21, 2016 Australia's Drillsearch Energy reveals that its full year capital expenditure (CAPEX) to be at the lower end of financial year 2016 guidance.

Chevron's Costly LNG Project to Start in Shadow of Oil Crash
Thursday, January 21, 2016 After years of delays, cost overruns and labor unrest, Chevron Corp.'s Gorgon project, one of the world's most expensive liquefied natural gas ventures, faces another challenge: the weakest energy prices in more than a decade.

Woodside's 4Q 2015 Output Up 6.4%, Revenue Falls 37.3% on Lower Oil Prices
Thursday, January 21, 2016 Australia's Woodside records a 6.4 percent rise in production in fourth quarter 2015 to 24.9 million barrels of oil equivalent, however revenue falls 37.3 percent to $1.105 billion due to lower oil prices.

Buru Updates on Ungani Far West 1 Well Drilling in Canning Basin
Thursday, January 21, 2016 Buru Energy updates on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

Buru Energy Provides Update on E&P Ops in WA's Canning Basin
Wednesday, January 20, 2016 Buru Energy provides update on its exploration and production operations in the Canning Basin, Western Australia.

Cue Updates on Drilling at Te Kiri North-1 Well in NZ's Taranaki Basin
Wednesday, January 20, 2016 Cue Energy updates on drilling at the onshore Te Kiri North-1 well in permit PEP 51149 in New Zealand's Taranaki Basin.

Wood Group Secures 3-Year Prelude FLNG Services Contract with Shell
Tuesday, January 19, 2016 John Wood Group plc secures a 3 year contract with Shell Australia to provide consultancy services for the energy company's Prelude Floating Liquefied Natural Gas project.

MEO to Takes Over as Operator of NZ's Exploration Permit PEP51153
Tuesday, January 19, 2016 MEO Australia to take over as operator of PEP51153 onshore exploration permit in New Zealand following the appointment of liquidators to Kea Petroleum.

Clough Appoints Peter Bennett as CEO, Succeeds Kevin Gallagher
Tuesday, January 19, 2016 Clough appoints Peter Bennett as CEO to succeed Kevin Gallagher, who will assume the top executive post at Santos.

Chevron Inks Deal With ENN to Supply LNG from Gorgon Project to China
Tuesday, January 19, 2016 Chevron inks deal with ENN LNG Trading Co. to supply liquefied natural gas to China from Australia's Gorgon Project.

Carnarvon Confirms Condensate Rich Gas Find at Roc-1 Well in Block WA-437-P
Monday, January 18, 2016 Carnarvon Petroleum confirms condensate rich gas find at Roc-1 well in permit WA-437-P offshore Western Australia.

Chevron Achieves Commissioning Milestone for WA's Gorgon LNG Project
Monday, January 18, 2016 Chevron undertakes commissioning milestone ahead of the commencement of liquefied natural gas production at the Gorgon project in Western Australia.

Russell: LNG Looks Poised to Follow Crude Oil's Plunge
Monday, January 18, 2016 In contrast to the carnage in crude oil markets, liquefied natural gas (LNG) prices in Asia have enjoyed relative stability for the past three months, but it's unlikely the calm will persist much longer.

Kea Appoints Liquidators to Dispose Assets, Including Permit PEP51153 in NZ
Friday, January 15, 2016 Kea Petroleum, operator of PEP51153 exploration permit in New Zealand, appoints liquidators to dispose of its assets.

OBL Remains Operator of Derby Block in Canning Basin, Rey Refutes Statement
Friday, January 15, 2016 Oil Basins Limited remains operator of Derby Block in Western Australia's Canning Basin, but Rey Resources refutes the announcement.

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