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Lundin Spuds Malaysia Well
Friday, October 02, 2015 Lundin Petroleum's wholly owned subsidiary Lundin Malaysia BV spuds the Mengkuang-1 exploration well in license PM307, offshore Malaysia.
As China Gas Boom Falters, State Giants Grapple with Wave of Imports
Friday, October 02, 2015 China's energy giants are being forced to sell a glut of the fuel to buyers in other countries as soaring demand grinds to a halt.
Aker Bags Subsea Contract from Murphy for Rotan Gas Project Off Malaysia
Thursday, October 01, 2015 Aker Solutions bags contract to supply a subsea production system to Murphy Oil for the Rotan deepwater gas project offshore East Malaysia.
Primeline Suspends Planned Merger With Loyz Energy Due to Volatile Market
Thursday, October 01, 2015 China-focused Primeline Energy suspends proposed merger with Singapore's Loyz Energy due to current market volatility.
Thai PTT Expects Lower Consolidated Revenue This Year
Thursday, October 01, 2015 PTT, Thailand's top energy firm, says it expected consolidated revenue this year to be lower than last year's $77.88 billion due to falling oil prices and accounting standard adjustments.
JV Partners Withdraw from Vietnam's Offshore Block 121
Wednesday, September 30, 2015 Joint venture partners in Vietnam's offshore Block 121 in the Phu Khanh Basin withdraw from the license following the unsuccessful drilling of the Whale prospect.
Yinson Seals Tanker Deal With Premuda, Vessel Meant for Future FPSO Project
Wednesday, September 30, 2015 Malaysia's Yinson Holdings formalizes deal with Italy's Premuda to acquire a tanker which will be used for bidding in a future floating production, storage and offloading project.
Samsung Heavy Industries Orders a FSRU Unit from GTT for Delivery in 2017
Tuesday, September 29, 2015 Samsung Heavy Industries orders a floating storage and regasification unit from GTT for delivery in 2017.
Shell Malaysia to Axe 1,300 Jobs by 2017
Tuesday, September 29, 2015 Shell Malaysia will axe around 1,300 positions from its upstream division over the next two years, as part of a program that is designed to make the company "more agile and competitive".
Triple Updates on Aolong Project's Drilling in China's Heilonjiang Province
Tuesday, September 29, 2015 Triple Energy provides update on drilling at 2 wells in the Aolong project in China's Heilongjiang province.
Differences Surface in Indonesian Government on Abadi Gas Project Concept
Monday, September 28, 2015 Differences surface within the Indonesian government on the development concept for the Abadi gas project in Arafura Sea, eastern Indonesia, according to a local daily.
Cosco Guangdong Delivers Newbuild AHTS 'Hai Yang Shi you 642' to COSL
Monday, September 28, 2015 Cosco Guangdong delivers an anchor handling tug supply vessel "Hai Yang Shi You 642" to China Oilfield Services Limited.
POE Prepares for Testing Ops at Onshore Akeh-1 Exploration Well in Sumatra
Monday, September 28, 2015 Pan Orient Energy prepares for testing operations at onshore Akeh-1 prospect in the Batu Gajah Production Sharing Contract in Sumatra, Indonesia.
Topaz Orders 2 Subsea Vessels from Vard for Over $100M, Delivery in 2017
Monday, September 28, 2015 Topaz Energy and Marine orders two subsea vessels from Singapore-listed Vard Holdings for over $100 million, with delivery targeted for 2017.
HALO to Acquire 85% Stake in Duyung PSC in Natuna Sea from Singapore's WNEL
Friday, September 25, 2015 Hague and London Oil to acquire 85 percent interest in Duyung Production Sharing Contract in the Natuna Sea, Indonesia from Singapore-based West Natuna Exploration.
COSL Spuds LS23-1-1 Exploration Well in Block 33/07 in East China Sea
Friday, September 25, 2015 China Oilfield Services Ltd. spuds LS23-1-1 exploration well in Block 33/07 in East China Sea for Primeline Energy.
Singapore's EMAS Offshore Names Adarash Kumar as CEO, Replaces Jon Dunstan
Friday, September 25, 2015 Singapore's EMAS Offshore names Adarash Kumar as CEO, replacing Jon Dunstan.
Chinese Cyber Espionage Targets South China Sea Energy Companies
Thursday, September 24, 2015 Regional South China Sea energy companies are among the targets of a Chinese cyber espionage.
China to Carve Out New Oil, Gas Pipeline Firm from State Oil Giants
Thursday, September 24, 2015 China plans to create a new crude oil and liquefied natural gas pipeline transportation company, according to a report in the China Securities Journal.
Australia's EOR Acquires CEP, Gets Stake in East Kalimantan's Wailawi Field
Wednesday, September 23, 2015 Australia's Enhanced Oil & Gas Recovery acquires 100 percent stake in Centre Energy Petroleum, giving it an interest in Wailawi oil and gas field in East Kalimantan, Indonesia.
Indonesia Doesn't Expect Inpex Gas Project to Start Production Until 2024
Wednesday, September 23, 2015 Indonesia expects the Masela Abadi natural gas project currently being developed by Japan's Inpex and Shell, to commence commercial production in 2024, an official at the oil and gas regulator says, two years behind an earlier target.
Malaysia's PETRONAS Spent $116M on Talent Management Last Year
Wednesday, September 23, 2015 Malaysia's PETRONAS spent around $116 million on talent management, leadership training and competency building last year.
Roc Oil Spuds QK12-3-1D Exploration Well in China's Bohai Bay Basin
Wednesday, September 23, 2015 Roc Oil spuds QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.
VARD to Supply PSV to DOF, Vessel to Work for Chevron in Australia
Wednesday, September 23, 2015 Vard Holdings secures a bareboat charter to supply DOF with a platform supply vessel to work for Chevron in Australia.
Swire Pacific Offshore Appoints Ron Mathison as MD to Replace Neil Glenn
Tuesday, September 22, 2015 Singapore-based offshore service vessel provider Swire Pacific Offshore appoints Ron Mathison as new managing director to succeed Neil Glenn.
Aolong JV Continues Drilling at Niaoshan-1, Yixin-1 Wells in China
Tuesday, September 22, 2015 The Aolong Joint Venture continues drilling at Niaoshan-1 and Yixin-1 wells in China's Heilongjiang province.
Transerv Encounters Gas Shows at Warro-5ST Well in WA's Warro Field
Tuesday, September 22, 2015 Transerv Energy encounters gas shows at Warro-5ST well in the Warro field in Western Australia.
Pertamina Finalizing Plans to Acquire Blocks B, NSO in Indonesia
Monday, September 21, 2015 Pertamina is finalizing plans to acquire ExxonMobil's Blocks B and North Sumatra Offshore in Indonesia.
Swire Pacific Offshore Takes Delivery of Newbuild PSV Pacific Grackle
Friday, September 18, 2015 Swire Pacific Offshore takes delivery of newbuild Pacific Grackle platform supply vessel from Japan Marine United Corporation in Japan.
Even a Slowing China Is Oil's Best Defense Against Deeper Slump
Friday, September 18, 2015 Even after China's slowing economy dragged crude to a six-year low, oil's second-biggest consumer remains the main safeguard against a further price meltdown.
Japan's MES Develops Next Generation Hull Platform for FPSO
Friday, September 18, 2015 Japan's Mitsui Engineering & Shipbuilding Co has developed the next generation hull platform for floating production, storage and offloading facility for the offshore oil industry.
Former Sinopec Executive to be Prosecuted for Graft
Friday, September 18, 2015 A former general manager of Chinese energy giant Sinopec Group has been expelled from the Communist Party and will be prosecuted for crimes, including bribery and abuse of power, the party's anti-corruption watchdog says.
COSL to Drill LS23-1-1 Well in Block 33/07 in East China Sea Shortly
Friday, September 18, 2015 China Oilfield Services Ltd. is on track to drill the LS23-1-1 well in East China Sea's Block 33/07 shortly.
COSL Takes Delivery of Newbuild 'Hai Yang Shi You 661' PSV from Cosco
Thursday, September 17, 2015 Cosco Dalian delivers the newbuild "Hai Yang Shi You 661" platform supply vessel to China Oilfield Services Ltd.
Technics O&G Bags $50.4M Contract to Build Liftboat for Malaysia-based Firm
Wednesday, September 16, 2015 Technics Oil and Gas bags a $50.4 million contract to build a liftboat for a Malaysia-based company.
TOS, Jereh Collaborate to Offer Products, Services for Malaysia O&G Market
Wednesday, September 16, 2015 Tanjung Offshore Services inks agreement to collaborate with China's Yantai Jereh Petroleum Equipment & Technologies to offer products and services for the oil and gas industry in Malaysia.
Seadrill Cancels HHI's West Mira Construction Contract Over Delivery Delay
Wednesday, September 16, 2015 Seadrill terminates construction contract with Hyundai Heavy Industries for the West Mira semisub, citing delivery delay for the decision.
MODEC Bags FSO Supply Contract from Maersk Oil for Culzean Field
Wednesday, September 16, 2015 MODEC bags contract to supply a floating storage and offloading vessel to Maersk Oil for the Culzean field in the North Sea.
Cosco Nantong Delivers Semisub Accommodation Vessel to Atlantis Offshore
Tuesday, September 15, 2015 Cosco Nantong delivers a newbuild semisubmersible accommodation vessel to Atlantis Offshore.
ALE Carries Out Jackup and Skidding Operations for Malikai Topside in Johor
Tuesday, September 15, 2015 ALE carries out jackup and skidding operations for the Malikai topside at the Malaysia Marine Heavy Engineering West yard in Johor, Malaysia.
Pursuit of China's Oil Prize Is Race for Second-Place Spoils
Tuesday, September 15, 2015 In the race to supply crude to the world's biggest energy user, it's the tussle for second place that's too close to call.
SapuraKencana Posts $28M Net Profit in 2Q FY16, Down 61% from 1Q FY16
Tuesday, September 15, 2015 SapuraKencana Petroleum's revenue rises 22.9 percent gain in the second quarter that ended July 31 to $762 million, but profit after tax falls 61.1 percent to $28 million due to provision for impairment of its oil and gas assets.
Triple Energy Updates on Drilling at Aolong JV Project in Heilongjiang
Tuesday, September 15, 2015 Triple Energy updates on drilling at Aolong Joint Venture project in Heilongjiang province, China.
SHI Agrees to an 18-Month Delay in Delivery of Drillship to Ocean Rig
Monday, September 14, 2015 Samsung Heavy Industries agrees to delay delivery of an ultra deepwater drillship to Ocean Rig by 18 months to June 2017.
LNG to Take Center Stage in Shipbuilding Battleground
Monday, September 14, 2015 South Korea and Singapore shipbuilders are angling for early mover advantage for a larger pie of the LNG value chain.
KKB Secures EPC Deal from Talisman for Kinabalu Project Offshore Sabah
Monday, September 14, 2015 KKB Engineering secures a letter of award for the engineering, procurement and construction of a wellhead platform for the Kinabalu Redevelopment Project offshore Sabah, Malaysia.
Keppel to Deliver 3 Ice-Class Vessels to Bumi Armada for Filanovsky Field
Monday, September 14, 2015 Keppel Singmarine is on track to deliver three ice-class vessels to Bumi Armada to work at the Filanovsky oil field later this month after a naming ceremony at its Singapore yard.
China's CNPC to Shut Hotels, Ditch Cars in Graft Crackdown
Monday, September 14, 2015 China National Petroleum Corp. will sell off most of its hotels by the end of 2017 and get rid of more than 4,000 company cars as part of efforts to root out corruption and waste, it says.
Philippines Says South China Sea Not on APEC Energy Meeting Agenda
Monday, September 14, 2015 Asia-Pacific Energy ministers will not discuss disputes over claims to the South China Sea at a conference in Manila this week, the Philippine government says.
CITIC Commences Oil Production at Oseil-28 Well in Seram (Non-Bula) PSC
Monday, September 14, 2015 CITIC brings online the Oseil-28 development well, increasing oil production from the Seram (Non-Bula) production sharing contract in eastern Indonesia.
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