Regional News: South Asia

 
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Pakistan's OGDCL Makes Oil Discovery at Chak Naurang South-1 well in Punjab
Friday, July 31, 2015 Oil and Gas Development Company Limited makes an oil discovery at the Chak Naurang South-1 well in Punjab, Pakistan.

Total Likely to Get Rights to Explore for Oil, Gas Offshore Sri Lanka
Tuesday, July 28, 2015 Sri Lanka expects to grant Total rights to explore for oil and gas off the country's east coast, according to local media.

India's Cambay Field JV Plans to Improve Operational Efficiencies
Tuesday, July 21, 2015 Oilex says joint venture partners in the Cambay field in Gujarat, India is considering some operational efficiencies.

Cairn India Says Tie-up with Parent Vedanta is on Track
Tuesday, July 21, 2015 Cairn India's CEO says the firm's proposed merger with parent Vedanta is "on track".

SapuraKencana Bags $212M Deal for Mumbai High South Redevelopment Project
Tuesday, July 14, 2015 SapuraKencana Petroleum bags a $211.95 million contract from ONGC for the Mumbai High South Redevelopment Phase III project offshore India's west coast.

  


OGDCL Commences Gas Production from Reti-2 Well in Pakistan's Guddu Block
Monday, July 13, 2015 Oil and Gas Development Co. commences gas production from Reti-2 development well in the Guddu Block in Central Indus Basin, Pakistan.

India Oil Ministry Sees 2015/16 Upstream Subsidy at 50-60B Rupees
Monday, July 13, 2015 India expects a subsidy burden of between $788 million and $946 million for its state-run oil and gas producers this fiscal year.

Expect China to Yearn for More US Shale
Friday, July 10, 2015 Despite slowdown in heated investment from overseas in North American oil and gas, interest still looms behind the Great Wall of China.

Premier Oil Puts Pakistan Assets on Block After 'Attractive' Offer
Thursday, July 09, 2015 Premier Oil puts its Pakistan business up for sale after receiving an "attractive" offer from an unnamed party, Chief Executive Tony Durrant says.

Oil Service Firms Jostle For India Orders Amid Global Spending Cuts
Thursday, July 09, 2015 Oilfield services firms are scrambling for contracts from India, which has emerged as a rare bright spot for the sector hardest hit by a slump in global crude oil prices.

Russia's Rosneft Signs Deal to Buy into India's Essar Oil
Thursday, July 09, 2015 Russia's top oil producer, Rosneft, takes a significant step towards expanding its global reach by signing a deal to acquire up to 49 percent of India's Essar Oil.

BG Commences Oil Production from Mukta-B Platform in India's Bombay Basin
Thursday, July 09, 2015 BG commences oil production from the Mukta-B platform in India's offshore Bombay basin.

Oilex Announces Plans to Raise $23 Million to Fund India Operations
Wednesday, July 08, 2015 Oilex announces a two tranche placement and underwritten rights issue to raise $23 million dollars, which will be used to fund operations at India's Cambay and Bhandut fields.

Soaring Gas Use Lifts Demand for Regas Infrastructure in Southeast Asia
Monday, July 06, 2015 Rising gas needs encourage Southeast Asia countries to boost development of regasification facilities to supplement production from aged fields in the region.