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Regional News: South Asia

 
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WHL Energy Upbeat About Junon Resources Potential offshore Seychelles
Thursday, March 05, 2015 WHL Energy says seismic data indicates that Junon Central and Junon South East in Seychelles may hold prospective resources of around 200 million barrels.

Cairn India Cuts FY 2016 Capex to $500M from $1.2B Due to Low Oil Price
Thursday, March 05, 2015 Cairn India reduces capital expenditure for fiscal year 2016 from $1.2 billion to $500 million in the current low oil price environment.

Cairn India Slashes 2015-16 Capex on Falling Crude
Wednesday, March 04, 2015 Cairn India cuts capital spending by about 60 percent as falling oil prices hurt profitability and make project expansions unviable.

India Widens Oil Leaks Probe to Defence Ministry; Security Concerns Grow
Tuesday, March 03, 2015 India widens an investigation into leaks of confidential documents from its oil ministry to include the defence ministry, raising fears that other secrets vital to national security may have fallen into the wrong hands.

BHP Agrees to Sell Pakistan Gas Business
Monday, February 16, 2015 BHP Billiton agrees to sell its Pakistan gas business to a local firm, a unit of the Hashoo Group, for an undisclosed sum, the global miner says.

Swiber Secures $310M EPCIC Contract from South Asian NOC
Thursday, February 12, 2015 Swiber Holdings secures a $310 million engineering, procurement, construction, installation and commissioning contract from a South Asian national oil company.