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Regional News: East & SE Asia

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Bumi Armada Bags $1.18B FPSO Deal for Madura BD Field Offshore Indonesia
Wednesday, August 20, 2014 Bumi Armada bags $1.18 billion contract from Husky-CNOOC Madura Limited to supply a floating production, storage and offloading vessel for the Madura BD field offshore Madura Island, Indonesia.

Ezra's Shareholders Approve Consolidation of EMAS Marine into EOC
Wednesday, August 20, 2014 Ezra's shareholders approve consolidation of EMAS Marine into associate company EOC and Singapore listing.

Wild Well Expands Company Service Offerings, Presence in Asia Pacific
Wednesday, August 20, 2014 Wild Well expands its service offerings and presence in Asia Pacific with the addition of staff at its regional office in Malaysia.

XPD8 Secures $3.73M Contracts for Work in Malaysia, North Sea
Wednesday, August 20, 2014 XPD8 Solutions secures two contracts, worth $3.73 million, for work in the North Sea and Malaysia.

Interra Completes CHK 1191 Well in Myanmar's Chauk Field as Oil Producer
Tuesday, August 19, 2014 Interra Resources completes development well CHK 1191 in Myanmar's Chauk field as an oil producer.


Honghua Offshore Inks $320M LOA to Construct Semisub for Orion
Tuesday, August 19, 2014 Honghua Offshore inks letter of award, worth $320 million, with Orion to construct a semisubmersible rig.

Nam Cheong Receives Orders for 4 Offshore Support Vessels for $90M
Tuesday, August 19, 2014 Nam Cheong sells four vessels, comprising a platform supply vessel, an accommodation work barge and two anchor handling towing supply vessels, for $90 million.

Suksan Salamader FSO Receives First Oil at Bualuang Field OffshoreThailand
Tuesday, August 19, 2014 Salamander Energy receives the newly converted Suksan Salamander floating storage and offtake vessel has received first oil at the Bualuang field in the Gulf of Thailand.

SBI Offshore Bags $24M Design, Engineering Services Deal for a Jackup
Tuesday, August 19, 2014 SBI Offshore bags a $24 million deal with a Middle East-Chinese consortium to provide design and engineering services for a jackup.

Mermaid Maritime Rebrands Subsea Buiness Units, Reorganizes Business
Tuesday, August 19, 2014 Thailand-based Mermaid Maritime rebrands subsea business units and reorganizes the firm's subsea business.

MPM-Nam Cheong JV Secures $27M Contract to Supply Accommodation Work Vessel
Tuesday, August 19, 2014 The Marco Polo Marine-Nam Cheong joint venture secures a $27 million five-year contract to provide an accommodation work vessel, which will be built by Nam Cheong.

Pertamina CEO to Resign in Oct for Personal Reasons
Monday, August 18, 2014 Pertamina CEO Karen Agustiawan will resign in October for person reasons.

Aquino Says Chinese Survey Ships Seen In Philippine Waters
Monday, August 18, 2014 Philippine President Benigno Aquino says two Chinese survey vessels have been sighted in a gas-rich area of its exclusive economic zone.

Sub-Commercial Hydrocarbons Found at North Kendang-2 Well
Monday, August 18, 2014 Salamander Energy says its North Kendang-2 well in Indonesia has found gas, condensate and oil but not in commercial volumes.

Spain's Tecnicas Reunidas Wins $1.5B Contract in Malaysia
Monday, August 18, 2014 Spanish oil engineering firm Tecnicas Reunidas wins a $1.5-billion turnkey contract in Malaysia.

Pertamina CEO to Resign in October for Personal Reasons
Monday, August 18, 2014 The head of Indonesian state energy firm Pertamina will resign in October for personal reasons, and a director will be appointed on an interim basis until a replacement can be found, a company spokesman says.

Swissco Bags $94M Charter Contracts to Supply 4 MODUs
Friday, August 15, 2014 Four subsidiaries of Swissco's unit Scott and English Energy bag charter contracts to supply four mobile offshore drilling units to an oil major for work in Latin America.

Interra Completes L 142 Well in Myanmar's Chauk Field as Oil Producer
Friday, August 15, 2014 Interra Resources completes development well L 142 in the Chauk oil field in Myanmar as an oil producer.

CNOOC Takes Delivery of FPSO Hai Yang Shi You 118 from DSIC
Friday, August 15, 2014 CNOOC takes delivery of a floating production, storage and offloading vessel from Dalian Shipbuilding Industry Corp.

Reach Energy Whets Investor Appetite for Malaysian SPACs
Friday, August 15, 2014 Reach Energy, set up by veterans in Malaysia's oil and gas industry, made its market debut in Kuala Lumpur after completing the country's largest-ever initial public offering by a special purpose acquisition company (SPAC.)

Thailand Aims to Liberalise Gas Pipeline Business by Mid-2015
Friday, August 15, 2014 Thai government plans to liberalize the country's gas pipeline business by the middle of 2015.

Source: Petrovietnam Eyes Stake in Murphy Oil's Malaysian Assets
Thursday, August 14, 2014 Petrovietnam has bid for a stake in Murphy Oil's Malaysian oil and gas assets, challenging other suitors including Mitsubishi and Indian state oil companies, a person with direct knowledge of the plan says.

AziPac Appoints Coastal Energy's Former CEO Frank Inouye as MD
Thursday, August 14, 2014 AziPac appoints former CEO of Coastal Energy Frank Inouye as managing director of the newly established exploration and production company.

AWE to Farm-in for 40% Interest in Bohai Bay's Block 09/05
Thursday, August 14, 2014 AWE to acquire 40 percent interest in Block 09/05 in Bohai Bay, offshore China from Roc Oil.

Aquatic Asia Pacific Relocates Regional Headquarters to Singapore
Thursday, August 14, 2014 Aquatic Asia Pacific relocates its regional headquarters to Singapore.

Rex International Holding Adds New Technology to Detect Hydrocarbons
Thursday, August 14, 2014 Rex International Holding adds new technology, Rex Gas Indicator, to detect hydrocarbons in their gaseous phase using conventional seismic data.

Triple Energy Inks MoU for BSP to Invest $6M in Firm's CSG Project in China
Thursday, August 14, 2014 Triple Energy inks memorandum of understanding with Blue Sky Power for the latter to invest up to $6 million in the firm and its coal seam gas project in China.

Cosco Wins $470M Contracts to Build 4 Subsea Supply Vessels for Maersk
Wednesday, August 13, 2014 Cosco (Dalian) Shipyard secures $470 million contracts to build 4 subsea supply vessels for Maersk Supply Services.

Fire at PetroChina Northwest Oilfield Put Out
Wednesday, August 13, 2014 A fire broke out at a PetroChina oilfield in northwest China but the blaze was put out and no casualties were reported, industry officials say.

CIMC Raffles Delivers Jackup Coastal Driller 4001 to Coastal Contracts
Wednesday, August 13, 2014 CIMC Raffles delivers newbuild jackup Coastal Driller 4001 to Malaysia's Coastal Contracts in Yantai, China.

Hunting Energy Services Bags $18M Supply Contracts for Asia
Wednesday, August 13, 2014 Hunting Energy Services bags $18 million contracts to supply wireline equipment to clients in Asia.

Petrofac Awarded Engineering Contract in Malaysia
Wednesday, August 13, 2014 Petrofac wins an engineering, procurement, construction and commissioning contract in Malaysia.

Petronas 2Q Net Profit Jumps 38% On Output Gains, Higher Demand
Wednesday, August 13, 2014 Malaysia's Petronas sees 2Q net profit increase by 38%, driven by stronger oil production and sales of liquefied natural gas (LNG).

Sources: PetroChina-Backed Universal Terminal Plans $800M Trust IPO
Wednesday, August 13, 2014 Singapore's Universal Terminal, backed by PetroChina, plans to raise as much as $800M in an initial public offering of units of a business trust, sources say.

Swiber's 1H 2014 Net Profit Rises to $63M, Up 68.3% YOY
Wednesday, August 13, 2014 Swiber posted a 68.3 percent increase in net profit to $63 million in the first half of 2014, with the gains attributed largely to higher other operating income arising from the disposal of the firm's subsidiaries.

ONGC Videsh Signs PSCs for Onshore Blocks B-2, EP-3 in Myanmar
Tuesday, August 12, 2014 ONGC Videsh signs production sharing contracts for onshore blocks B-2 and EP-3 in Myanmar.

Inpex Receives Environmental Permit for Abadi LNG Project in Masela Block
Tuesday, August 12, 2014 Inpex receives environmental permit from the government for the Abadi liquefied natural gas project in the Masela Block, Arafura Sea, Indonesia.

KrisEnergy, Eni Execute Deed for Transfer of Neon's Stake in Vietnam Blocks
Tuesday, August 12, 2014 KrisEnergy and Eni execute deed for the transfer of Neon Energy's working interest in Blocks 105 and 120 offshore Vietnam to both firms.

Brightoil Petroleum Buys Anadarko's China Unit For $1.05B
Monday, August 11, 2014 Brightoil Petroleum buys Anadarko Petroleum Corporation's China unit for $1.05 billion in a major push into the upstream segment.

Thai PTTEP Signs Deal for Myanmar Onshore Block Exploration Rights
Friday, August 08, 2014 Thailand's PTTEP signs a production sharing contract for onshore exploration and production rights over the MOGE 3 Block, Myanmar.

China Finds Shale Gas Challenging, Halves 2020 Output Target
Thursday, August 07, 2014 China halves the quantum of shale gas it expects to produce by 2020 after early exploration efforts to unlock the unconventional fuel proved challenging.

Peak O&G Terminates Deal with Cadco Over Cadlao Project in Palawan Basin
Thursday, August 07, 2014 Peak Oil & Gas reports that a conditional deal to settle a dispute over Service Contract 6 in northwest Palawan Basin, the Philippines has been terminated.

MMA's Newbuild AHTS, PSV Join Fleet Ahead of Projects in SEA, Mexico
Thursday, August 07, 2014 Mermaid Marine Australia takes delivery of an anchor handling tug supply vessel and a platform supply vessel.

Lundin Completes Drilling, Testing at Tembakau-2 Well in PM307 Off Malaysia
Wednesday, August 06, 2014 Lundin completes drilling and testing at Tembakau-2 appraisal well in Block PM307, offshore Malaysia.

Cooper Energy Successfully Completes Tangai-3 Workover Operation in Sumatra
Wednesday, August 06, 2014 Cooper Energy successfully completes Tangai-3 workover operation in the Sukananti KSO in South Sumatra, Indonesia, restoring production to the well.

PTTEP Commences Gas Exports from Myanmar's Zawtika Project to Thailand
Wednesday, August 06, 2014 PTTEP commences gas exports from the Zawtika project in Myanmar's Gulf of Martaban to Thailand.

Sino G&E Achieves a Gas Flow Rate of 2 MMscf/d at TB-23 Well in Linxing PSC
Wednesday, August 06, 2014 Sino Gas & Energy reports that the TB-23 well in Linxing Production Sharing Contract in China's Ordos Basin achieves a stable flow rate of 2 million standard cubic per day.

EMAS AMC Clinches $110M Contracts for Work in Asia Pacific, Africa and GOM
Tuesday, August 05, 2014 EMAS AMC clinches several contracts worth close to $110 million for projects in Asia Pacific, Africa and Gulf of Mexico.

Sembcorp Marine's 1H 2014 Net Profit Up 4%, Lifted by Rig, Platform Sectors
Tuesday, August 05, 2014 Sembcorp Marine's net profit rises 4% in the first half of this year to just over $203 million amid greater contribution from its rig building and offshore platform business.

US To Press South China Sea Freeze Despite China Rejection
Tuesday, August 05, 2014 US Secretary of State John Kerry will press for a voluntary freeze on actions aggravating territorial disputes in the South China Sea, in spite of Beijing's rejection of the idea.

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