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Regional News: East & SE Asia

 
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FEEC Further Extends Maturity Date of Loan Facility with SCB
Friday, October 31, 2014 Far East Energy Corp., operator of Shouyang coalbed methane block in China's Shanxi province, further extends the maturity date of its existing loan facility with Standard Chartered Bank.

Indonesia's New Energy Chief Seeks to Shore Up Regulator
Friday, October 31, 2014 Appointing a permanent leadership at Indonesia's graft-tainted energy regulator will be a top priority for the new government of Southeast Asia's largest oil producer, the energy and mineral resources minister says.

Sinopec Eyes Shale Boost, Debt Reduction with $17.5B Stake-Sale Cash
Friday, October 31, 2014 Asia's largest oil refiner Sinopec aims to use part of $17.5 billion in proceeds from a stake sale to boost shale gas production and lower debt.

Wood Mackenzie: Thailand's Upstream Outlook at Risk from Fiscal Reforms
Friday, October 31, 2014 Wood Mackenzie discusses how the calls for tougher fiscal policies in Thailand may risk future exploration activity in the country.

AWE, Santos Progress Development of Indonesia's Ande Ande Lumut Project
Thursday, October 30, 2014 AWE and Santos progress development work for the Ande Ande Lumut oil project offshore Indonesia.

  



Perdana Petroleum Sells Offshore Support Vessel to Hauston for $28.5M
Thursday, October 30, 2014 Perdana Petroleum's subsidiary sells an offshore support vessel to Hauston for $28.5 million.

Thailand's PTTEP 3Q Net Profit Down 16% On Year
Thursday, October 30, 2014 Thailand's PTTEP says its third quarter net profit fell 16 percent, hit chiefly by rising expenses and lower prices of crude oil that dragged down its selling prices.

SBI Offshore Appoints Mirzan Mahathir to its Board of Directors
Wednesday, October 29, 2014 SBI Offshore appoints prominent Malaysian businessman Mirzan Bin Mahathir to its board of directors.

Sona Secures $140M Loan for Acquisition of 2 Blocks in Gulf of Thailand
Wednesday, October 29, 2014 Sona Petroleum secures a $140 million loan facility to part finance its acquisition of two blocks in the Gulf of Thailand from Salamander Energy.

Technip Bags Subsea Deal from Chevron for Indonesia's Bangka Development
Wednesday, October 29, 2014 Technip bags a subsea contract, worth $127.5-$318.6 million, from Chevron for the Bangka development in the Rapak production sharing contract offshore East Kalimantan, Indonesia.

Indonesia Says Chevron Gas Project Set Back by Up to 2 Years
Wednesday, October 29, 2014 The target for full operation of the Indonesia Deepwater Development gas project has been delayed by up to two years to around 2020, a senior official says, reducing the country's prospects of remaining a major gas exporter.

Hoidi's Production Unit Inks 2 Jackup Rig Legs Construction Deal with CMHI
Tuesday, October 28, 2014 Hoidi International's production unit inks two jackup rig legs construction contract from China Merchant Heavy Industry.

Eni Finds Gas at Merakes Well in East Sepinggan Block Off East Kalimantan
Tuesday, October 28, 2014 Eni discovers gas at Merakes exploration well in the East Sepinggan block, offshore East Kalimantan, Indonesia.

First Oil from Manora Development in Gulf of Thailand Set for Mid-November
Tuesday, October 28, 2014 First oil from the Manora development in the northern Gulf of Thailand is expected by mid-November as platform commissioning gets underway, while hook-up and commissioning near completion.

Maersk Venturer Lands $17M Contract from Total to Drill Well Off Malaysia
Tuesday, October 28, 2014 Maersk Venturer lands $17 million contract from Total to drill a well offshore Malaysia in December.

NES Global Talent Establishes Office in Japan
Tuesday, October 28, 2014 NES Global opens new office in Yokohama, Japan as recruitment activity rises.

Searcher Completes Mialara 2D Seismic Survery Offshore East Palawan
Tuesday, October 28, 2014 Searcher Seismic completes acquisition of the Mialara 2D seismic survey, offshore east Palawan in the Philippines.

Ophir Agrees to Acquire 7 Deepwater Blocks in Indonesia from Niko for $31M
Monday, October 27, 2014 Ophir Energy pens deal to acquire seven deepwater blocks in Indonesia from Niko Resources for $31 million.

Lundin Abandons Gobi-1 Exploration Well in Natuna Sea as a Dry Hole
Monday, October 27, 2014 Lundin completes drilling at Gobi-1 prospect in Gurita production sharing contract in Indonesia's Natuna Sea, Indonesia with the well abandoned as a dry hole.

KrisEnergy Charters FSO, CALM for Wassana Oil Project in Gulf of Thailand
Monday, October 27, 2014 KrisEnergy charters Rubicon Vantage floating storage and offloading vessel and a catenary anhchor leg mooring buoy for the Wassana oil development in the Gulf of Thailand.

Lundin Spuds Kitabu-1 Exploration Well in Block SB307/308 Offshore Sabah
Monday, October 27, 2014 Lundin spuds the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia.

EMAS AMC Bags $70M Contracts for Work in Asia Pacific & Gulf of Mexico
Monday, October 27, 2014 Ezra's subsea services unit EMAS AMC bags over $70 million contracts for work in Asia Pacific and the Gulf of Mexico.

Minister: Singapore Evaluating Sites to Locate Second LNG Terminal
Monday, October 27, 2014 Development of Singapore's second liquefied natural gas terminal is still far away as the government continues with a study to choose a site for the project in the eastern part of the island-state.

CNOOC Makes Mid-to-Large Oil, Gas Discovery in Bohai Bay
Monday, October 27, 2014 CNOOC makes mid-to-large oil and gas discovery at Jinzhou 23-2-3 exploration well in China's Bohai Bay.

China's Top Diplomat to Visit Vietnam Again Amid Sea Dispute
Friday, October 24, 2014 Chinese diplomat visits Vietnam over oil rig operating in part of the South China Sea that both countries claim.

EMAS Offshore Posts 39.3% Increase in Net Profit for FY 14 to $54.7M
Thursday, October 23, 2014 Ezra Holding's subsidiary EMAS Offshore posts a four-fold increase in net attributable profit for financial year that ended Aug. 31.

InterMoor Completes Mooring Work for COOEC at China's Panyu, Enping Fields
Thursday, October 23, 2014 InterMoor completes two offshore moooring projects for China's COOEC at Panyu and Enping fields in the Pearl River Mouth basin, South China Sea.

Keppel O&M's Net Profit Grows 17% to $201.5M in 3Q 2014
Thursday, October 23, 2014 Keppel O&M's net profit grows 17 percent to $201.5 million in the third quarter of 2014, compared to $172 million a year ago.

Asia Leads in Global LNG Demand Growth, China Support
Thursday, October 23, 2014 Asia will be the main driver of global demand growth for liquefied natural gas, lifted by expectations of higher gas consumption in China.

BP Awards FEED Contracts for Tangguh Expansion Project
Wednesday, October 22, 2014 BP awards two consortia with contracts for onshore FEED work at its Tangguh Expansion Project in Indonesia.

McDermott Lands T&I Contract for Bukit Tua Project Offshore East Java
Tuesday, October 21, 2014 McDermott lands a transportation, installation and pre-commissioning contract from a Petronas unit for the offshore Bukit Tua project in Ketapang block, East Java, Indonesia.

Cue Energy to Raise Stake in Kutei Basin's Mahakam Hilir PSC to 100%
Tuesday, October 21, 2014 Cue Energy to take full ownership of the Mahakam Hilir production sharing contract in Kutei Basin, Kalimantan, Indonesia by acquiring the remaining 60 percent stake from SPC Mahakam Hilir.

Jurong Shipyard Bags MODEC's FPSO Contract for Ghana's TEN Development
Monday, October 20, 2014 Jurong Shipyard bags a contract from MODEC for a floating production, storage and offloading conversion project for the Tullow Oil-operated TEN development project offshore Ghana.

Douglas-Westwood: 'Offshore EPC - All Change'
Monday, October 20, 2014 DW Monday briefly discusses the realignment in Asia's offshore engineering, procurement and construction landscape.

Kongsberg Signs $2.2M Drilling Software Contract with Petronas Carigali
Monday, October 20, 2014 Kongsberg signs $2.2 million drilling operations software and services contract with Petronas Carigali.

Nam Cheong Secures LOI, Worth $186M, for 12 Newbuild AHTS Vessels
Monday, October 20, 2014 Nam Cheong secures letters of intent, worth $186 million, to supply 12 newbuild NCA80E anchor handling tug supply vessels to five customers.

Mirach Gets Sumatra's Kampung Minyak Field KM13-A Well Petrophysics Report
Monday, October 20, 2014 Mirach Energy's unit receives a petrophysics report from PT Elnusa on KM13-A well in the Kampung Minyak oil field, South Sumatra, Indonesia.

Sona to Get MSC's Clearance Soon to Acquire Salamander's Thailand Assets
Monday, October 20, 2014 Sona Petroleum expects to receive clearance soon from the Malaysian Securities Commission to acquire 40 percent in Salamander Energy's two upstream assets in Thailand.

Vallianz Clinches $64M OSV Contracts in Asia, Mexico and West Africa
Monday, October 20, 2014 Vallianz Holdings clinches $64 million worth of letters of awards and charter contracts from Asia and new markets in Mexico and West Africa.

Drilling Underway at Gobi-1 Well in West Natuna Basin's Gurita PSC
Friday, October 17, 2014 Nido Petroleum reports that drilling is underway at Gobi-1 exploration well in the Gurita production sharing contract in West Natuna Basin, offshore Indonesia.

China, Vietnam Pledge to 'Address and Control' Maritime Disputes
Friday, October 17, 2014 China and Vietnam have agreed to "address and control" maritime disputes, state media says.

Cosco, Sevan Drilling Agree to Extend Delivery Date for Sevan Developer
Friday, October 17, 2014 Cosco and Sevan Drilling agree to an extension of the delivery date for Sevan Developer semisub by 12 months.

China's NDRC Approves RH Petrogas' Oil Development Plan for Fuyu Block
Friday, October 17, 2014 The National Development and Reform Commission approves RH Petrogas's plan to develop Fuyu 1 Block in Songliao Basin, Jilin province, China.

Stochastic Simulation Seals Partnership with Uzma Engineering in Malaysia
Thursday, October 16, 2014 Stochastic Simulation seals partnership with Uzma Engineering to distribute and support its products and software solutions in Malaysia.

Taiwan Considers Permanent Armed Ships for Disputed South China Sea Island
Thursday, October 16, 2014 Taiwan is considering stationing armed vessels permanently on a disputed South China Sea island, officials say.

Bumi Armada, HMCL Extend Period to Execute Madura BD FPSO Contract
Wednesday, October 15, 2014 Bumi Armada and Husky-CNOOC Madura Limited extend the period for executing the floating production, storage and offloading contract for the Madura BD field offshore Indonesia.

Eco Drills WBEXT-10B Well in Thailand's L44/43 & L33/43 Concessions
Wednesday, October 15, 2014 Eco Orient Energy recommences drilling at WBEXT-10B well in the L44/43 and L33/43 Concessions in Thailand.

CNOOC Goes Solo in Deepwater Exploration, Opens New Frontier for China
Wednesday, October 15, 2014 China's first ever deepwater hydrocarbon discovery is significant not only for the domestic upstream industry, but also on countries in the region.

Nikkei: Russia Proposes Building Natural Gas Pipeline to Japan
Wednesday, October 15, 2014 Russia has proposed building a natural gas pipeline connecting fields in its far east with northern Japan, the Nikkei newspaper reports.

DNV Launches LNG & Gas Consulting Unit in Singapore
Tuesday, October 14, 2014 DNV launches an LNG and gas consulting unit in Singapore to tap business opportunities in Southeast Asia.

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