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Regional News: East & SE Asia

 
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Pertamina to Deploy New Rig to Drill at Algeria's Block 405A in January
Friday, September 19, 2014 Pertamina to take delivery of a $26 million rig in October, with the newbuild set to commence operations at Algeria's Block 405A in January.

Searcher Seismic Commences Mialara 2D Seismic Survey in East Palawan
Friday, September 19, 2014 Searcher Seismic commences Mialara 2D seismic survey in East Palawan, offshore the Philippines.

Wild Well Control Locates New Subsea Capping Stack to Singapore
Friday, September 19, 2014 Wild Well Control locates new subsea capping stack to Singapore to respond to global deepwater well control incident.

ONGC Videsh, PetroVietnam Ink LOI for Exploration in 2-3 Blocks Off Vietnam
Wednesday, September 17, 2014 ONGC Videsh and PetroVietnam ink a Letter of Intent to consider oil and gas exploration in 2-3 blocks located offshore Vietnam.

IKM Subsea Wins $16M Contract to Provide ROV Services to Eni in Indonesia
Wednesday, September 17, 2014 IKM Subsea wins $16 million contract from eni Indonesia to provide remotely operated vehicle services onboard the Scarabeo 7 semisub for drilling operations in Indonesia.

  



Keppel FELS Clinches $227M Contract from GDI to Build KFELS B Class Jackup
Wednesday, September 17, 2014 Keppel FELS clinches a $227 million contract from Gulf Drilling International to build a high-specification KFELS B Class jackup for delivery in early 2016.

Genie's Unit Signs Agreement for More Oil Shale Exploration in Mongolia
Wednesday, September 17, 2014 Genie Energy's subsidiary signs agreement for additional oil shale exploration in Mongolia.

Frontier Signs $20M Deal for UMW Naga 7 to Drill in SC50 in the Philippines
Wednesday, September 17, 2014 Frontier Oil signs a $20 million deal for jackup UMW Naga 7 to drill in service contract 50 offshore north west Palawan in the Philippines in the first quarter of 2015.

FEEC Updates on Activities at Shouyang CBM PSC in Shanxi, China
Tuesday, September 16, 2014 Far East Energy Corporation provides update on the company's activities regarding the Shouyang coalbed methane production sharing contract in China's Shanxi province.

Ezion Bags $76M Deal to Supply Service Rig for Work in Southeast Asia
Tuesday, September 16, 2014 Ezion Holdings bags a $76 million contract to provide a service rig to a Southeast Asia-based national oil company.

PTTEP Plans $3.3B Capex for Myanmar Projects for 2014-2018
Tuesday, September 16, 2014 PTTEP plans a $3.3 billion capital expenditure to develop its oil and gas projects in Myanmar from 2014 to 2018, or 20% of the $16 billion earmarked worldwide.

Swissco Acquires Liftboat for $56M to Tap Demand in the Market
Tuesday, September 16, 2014 Swissco Holdings acquires its first liftboat for $56 million as it hopes to tap demand in this market segment.

ExxonMobil Starts Up $2.5B Tapis EOR Project Offshore Malaysia
Monday, September 15, 2014 ExxonMobil starts up the $2.5 billion Tapis enhanced oil recovery project offshore Terengganu, Malaysia.

China's CNOOC Makes Deepwater Gas Field Discovery In South China Sea
Monday, September 15, 2014 China National Offshore Oil Corporation makes a deepwater gas field discovery in the South China Sea.

Keppel's Unit KSI Completes Acquisition of 10% Stake in Golar Hilli
Monday, September 15, 2014 Keppel Corporation's indirect subsidiary KSI Production completes acquisition of a 10 percent stake in Golar Hilli.

Indonesia Expects Output from Exxon Mobil's Cepu Block to Peak in July/Aug
Monday, September 15, 2014 Indonesia expects crude output from ExxonMobil's Cepu oil block to peak in July or August next year, an official from the country's oil and gas regulator says.

Swire Names First G Class PSV Pacific Garnet at JMUC's Yokohama Yard
Monday, September 15, 2014 Swire Pacific names its first G Class platform supply vessel Pacific Garnet at Japan Marine United Corporation's Yokohama shipyard.

AOD Exercises Option for China's CSSC to Build a Zentech R-550D Jackup
Monday, September 15, 2014 TSC's subsidiary Alliance Offshore Drilling exercises option for the construction of a second Zentech R-550D jackup by China's CSSC Huangpu Wenchong Shipbuilding Company.

Oilfield Workforce Gets LOA to Supply Engineering Staff to Total in Brunei
Friday, September 12, 2014 Oilfield Workforce receives a letter of award from Total E&P Borneo to provide personnel for various engineering activities in Brunei.

MedcoEnergi Eyes 50% Contribution from Foreign Oil, Gas Projects by 2017
Friday, September 12, 2014 MedcoEnergi expects its foreign oil and gas projects to account for half the firm's production and revenue by the end of 2017, a company executive told a local daily.

Douglas Westwood, Canary Provide Views on Asia Pacific Oil, Gas Industry
Friday, September 12, 2014 Douglas Westwood's chairman and Canary's CEO provide their views on Asia Pacific oil and gas industry to the organizer of the OSEA2014 conference.

Jurong Shipyard Inks $21M Deal to Acquire SSP Offshore's Business Assets
Thursday, September 11, 2014 Jurong Shipyard inks $21 million agreement with SSP Offshore to acquire substantially all the latter's business assets.

CNOOC Invites Bids for 33 Exploration Blocks Offshore China
Thursday, September 11, 2014 CNOOC invites foreign companies to bid for 33 oil and gas exploration blocks located offshore China.

Roc Oil Spuds First of Two Wells in Beibu Gulf Block 22/12 Offshore China
Thursday, September 11, 2014 Roc Oil spuds the first of two exploration wells in Beibu Gulf Block 22/12 offshore China.

Sea Trucks Secures $130M Facility to Finance Completion of Jascon 18 MCSV
Thursday, September 11, 2014 Sea Trucks secures a $130 million facility to finance completion of the Jascon 18 multipurpose construction support vessel, which is being outfitted in a shipyard in Singapore.

Sembcorp Marine Invests $176M on Steel Fabrication Facility at Tuas Yard
Thursday, September 11, 2014 Sembcorp Marine to invest $176 million on a steel fabrication facility at its Tuas shipyard in Singapore to boost productivity for its offshore rig building, conversion, production and ship repair business.

China's CBM Sector Gets Lift from Higher Energy Use, Clean Air Drive
Thursday, September 11, 2014 Sustained rise in domestic energy demand and a government drive to curb air pollution have provided a boost to China's coalbed methane industry.

Mirach Energy Spuds KM13-A Well in Kampung Minyak Oil Field in Sumatra
Wednesday, September 10, 2014 Mirach Energy spuds the KM13-A well in Kampung Minyak oil field in South Sumatra, Indonesia.

CGG Lands $80M Seismic Acquisition Contracts for Asia Pacific, West Africa
Wednesday, September 10, 2014 CGG lands four contracts, worth $80 million, to acquire 3D seismic in waters off Malaysia, Australia and West Africa.

Roc Oil Fails to Find Commercial Hydrocarbons at QK11-1-1 Well in Bohai Bay
Wednesday, September 10, 2014 Roc Oil fails to find commercial hydrocarbons at QK11-1-1 well in Block 09/05 in Bohai Bay offshore China.

Newbuild UMW Naga 6 to Work Offshore Vietnam in $46M Deal with PV Drilling
Wednesday, September 10, 2014 UMW Oil & Gas Corp. gets a $46.5 million letter of award to provide a jackup to PV Drilling for work offshore Vietnam.

Offshore Block A Provides Buzz to Cambodia's Petroleum Industry
Monday, September 08, 2014 A tinge of optimism has returned to Cambodia's petroleum industry amid recent developments at its sole commercial oil discovery offshore Block A.

Kontan: PGN to Invest $500M on FSRU, Pipeline Projects
Friday, September 05, 2014 Indonesia's PT Perusahaan Gas Negara plans to invest $500 million this year to finalize its floating storage receiving unit in Lampung and gas pipeline in Central Java, Director Wahid Sutopo says.

Mubadala Spuds MNA-02 Development Well in Manora Oil Field Off Thailand
Friday, September 05, 2014 Mubadala Petroleum spuds development well MNA-02 at the Manora oil development in the northern Gulf of Thailand.

Keppel's Unit KSI Acquires 10% Stake in Golar Hilli
Friday, September 05, 2014 Keppel's unit KSI Production acquires a 10 percent stake in Golar Hilli, which has ordered the conversion of a floating liquefaction vessel at Keppel Shipyard.

Keppel, Golar Finalizing Contracts to Convert Floating Liquefaction Vessel
Friday, September 05, 2014 Keppel Shipyard is finalizing contracts with Golar Gimi to convert a liquefied natural gas carrier into a floating liquefaction vessel.

Jasper Updates on Jasper Cosmopolitan Contract with China's Yulian Shipyard
Friday, September 05, 2014 Jasper Investments updates on the breach of payment obligation to China's Yulian Shipyard regarding Jasper Cosmopolitan accommodation semisub.

Pertamina Selects Afdal Bahaudin as Interim CEO
Friday, September 05, 2014 Pertamina selects Afdal Bahaudin as interim CEO after incumbent Karen Augustiawan leaves office next month, Indonesia's State Enterprises Minister said, as reported in a local daily.

First Oil Flows from Banang Field in KBM Cluster Off Peninsular Malaysia
Friday, September 05, 2014 Petronas announces first production commences at the Banang oil field offshore Peninsular Malaysia.

Searcher Seismic Completes Pinatubo Seismic Survey in West Luzon Basin
Friday, September 05, 2014 Searcher Seismic completes acquisition of Pinatubo 2D seismic survey in West Luzon, the Philippines ahead of Philippine Energy Contracting Round 5 in December.

Charisma Secures $72M Contract to Supply 5 OSVs to Middle East NOC
Thursday, September 04, 2014 Charisma Energy Services secures a $72 million contract to supply 5 offshore support vessels to a Middle Eastern national oil company for work in the Arabian Sea.

China Orders Oil Firms to Fix Faulty Pipelines Within 3 Years
Thursday, September 04, 2014 China ordered oil firms to fix faults in their oil and gas pipeline networks within three years, Sinopec Corp says, almost a year after a blast in the state-run refiner's pipeline killed 62 people.

Newbuild Atwood Achiever Mobilizes for Drilling Contract in North Africa
Thursday, September 04, 2014 Atwood Oceanics takes delivery of the Atwood Achiever drillship from the Daewoo Shipbuilding & Marine Engineering shipyard in South Korea.

PBJV Inks Services Deal for Lundin's Offshore Oil, Gas Fields in Malaysia
Thursday, September 04, 2014 PBJV inks deal with Lundin Petroleum's unit to provide hook-up, commissioning and topside maintenance services for the latter's oil and gas fields offshore Malaysia.

Mirach Energy's UNITEQ Inks Cooperation Deal with CNOOC's ENERTECH
Wednesday, September 03, 2014 Mirach Energy's wholly-owned unit UNITEQ inks cooperation agreement with CNOOC's subsidiary ENERTECH.

China Oil Giants To Open Spending Taps As Graft Probe May Have Peaked
Wednesday, September 03, 2014 Flagship Chinese oil producers are preparing to ramp up multi-billion dollar capital spending plans squeezed amid a Beijing probe into industry graft.

Rex International Holding Acquires Ownership of Rex's Technologies
Wednesday, September 03, 2014 Rex International Holding acquires 100 percent shares in Rex Technology Management (RTM), with the deal giving the former ownership of Rex's exploration technologies.

Singapore's Jurong Rock Caverns Officially Opens for Business
Wednesday, September 03, 2014 Singapore's Jurong Rock Cavern, Southeast Asia first underground commercial storage facility, officially opens for business.

IKM Clinches Contract from Shell for Malikai Project Offshore Sabah
Tuesday, September 02, 2014 IKM Group clinches a contract to provide a riserless top-hole mud circulation system to Shell for the Malikai project offshore Sabah, Malaysia.

SapuraKencana-Linked Firms Bag $124M T&I Contracts in Vietnam, Australia
Tuesday, September 02, 2014 SapuraKencana Petroleum-linked firms TL Offshore and SapuraAcergy bag transportation and installation contracts worth $124 million in Vietnam and Australia.

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