Regional News: Austral-Asia
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FAR Reports Prospective Resources of 447 MMboe at 2 Permits in WA
Wednesday, March 12, 2014 FAR reports that a geotechnical evaluation of WA-457-P and WA-459-P permits in Western Australia indicated total prospective resources of 447 million barrels of oil equivalent net to the firm.
Chevron Expects its 2017 Asia Pacific Production to Be 45% Above 2013
Wednesday, March 12, 2014 Chevron expects production from its Asia Pacific upstream assets to rise to 1 million barrels of oil equivalent in 2017, up 45 percent from 2013.
Lundin Finds Minor Gas Shows at Boni-1 Side-Track Well in Natuna Sea
Wednesday, March 12, 2014 Lundin Petroleum finds minor gas shows when drilling Boni-1 side-track well in the Baronang Production Sharing Contract in Indonesia's Natuna Sea.
Nexus Resumes Production at Longtom-4 Well in Gippsland Basin
Wednesday, March 12, 2014 Nexus Energy resumes production at Longtom-4 well in Block VIC/29 offshore Gippsland Basin, Australia.
Viking Offshore & Marine Partners QBI to Build a CJ46 Jackup
Wednesday, March 12, 2014 Viking Offshore & Marine acquires 30 percent stake in Quick Booms Investments, which is building a CJ46-X100D GustoMSC-designed jackup.
AWE Experiences Mechanical Drill String Difficulties at NZ's Pateke-4H Well
Tuesday, March 11, 2014 AWE experiences mechanical drill string difficulties at Pateke-4H development well in petroleum mining permit 38158 offshore New Zealand.
East West Petroleum Updates on Operations at Taranaki Basin in NZ
Tuesday, March 11, 2014 East West Petroleum provides an update on its upstream operations in New Zealand's Taranaki Basin.
Elnusa Allocates $48M to Expand its Drilling and Oilfield Services Business
Tuesday, March 11, 2014 Indonesia's PT Elnusa allocates $48.1 million to expand its drilling and oil field services business this year.
Otto Energy Plans to Drill an Exploration Well in SC55 off the Philippines
Tuesday, March 11, 2014 Otto Energy plans to drill an exploration well in Service Contract 55 offshore the Philippines by October as required under sub-phase 1 work commitment.
Otto Marine Exercises Option to Acquire GO Emerald Vessel from Sinwa
Tuesday, March 11, 2014 Singapore's offshore marine firm Otto Marine exercises option to acquire the GO Emerald vessel for $5.5 million from Sinwa Limited.
Drillsearch, QGC Agree New Terms for ATP 940P in Cooper Basin
Monday, March 10, 2014 Drillsearch Energy and QGC agree new terms for ATP 940P Cooper Basin Shale and Tight Gas Joint Venture in central Australia.
InterOil Spuds Wahoo-1
Monday, March 10, 2014 InterOil commences drilling the Wahoo-1 exploratory well after receiving approval from regulatory authorities.
Landbridge Makes Unsolicited Takeover Bid for Westside
Monday, March 10, 2014 Landbridge makes an unsolicited takeover bid for Westside Corp., a coal seam gas producer with significant uncontracted gas reserves and exploration interests in Queensland, Australia.
MMA Wins $145M Contract to Supply 2 PSVs for WA's Ichthys LNG Project
Monday, March 10, 2014 Mermaid Maritime Australia clinches a contract, worth $144.59 million, to provide 2 platform supply vessels for Ichthys liquefied natural gas project off Western Australia.
Otto Energy Updates on Galoc Oil Field Reserves offshore the Philippines
Monday, March 10, 2014 Otto Energy provides an update on Galoc oil field reserves in Service Contract SC14C north west of Palawan Island, offshore the Philippines.
Vallourec Bags $100M Pipe Supply Deal for Total's ML-S Project off Brunei
Monday, March 10, 2014 Vallourec bags a $100 million contract from Total E&P Borneo to supply premium pipes for the Maharaja Lela South Project in Block B, offshore Brunei.
Foreigners to be Mostly Kept Out of China's Privatizations
Friday, March 07, 2014 As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions.
BSP Awards T&I Contract to McDermott's Unit for Offshore Brunei Project
Friday, March 07, 2014 Brunei Shell Petroleum awards a transportation and installation contract for the Champion Waterflood B2/3 project offshore Brunei to a McDermott International's subsidiary.
Norwest Completes Test at Arrowsmith-2 Well in EP413 in Perth Basin
Friday, March 07, 2014 Norwest Energy completes test at Arrowsmith-2 well in EP413 in the onshore Perth Basin, Western Australia.
Pertamina EP to Spend $400M to Drill Up to 87 Wells in 2014
Friday, March 07, 2014 Pertamina EP plans to spend $400 million to drill up to 87 development wells this year, down from $460 million for 111 wells in 2013.
Seabird Clinches 2D Seismic Deal for Asia Pacific
Friday, March 07, 2014 Seabird Exploration's Voyager Explorer clinches a $2-million deal to undertake 2D seismic survey for a national oil company in Asia Pacific.
JGC-Synerlitz JV Bags Rejuvenation Work Contract for Bintulu LNG Plant
Friday, March 07, 2014 The JGC-Synerlitz consortium bags a contract from Malaysia LNG Dua for rejuvenation work on an liquefied natural gas plant in Bintulu, Sarawak, Malaysia.
BP, Inpex Projects in Indonesia Awaits Government Approval
Thursday, March 06, 2014 BP expects approval for environmental study for the Tangguh LNG expansion project in West Papua, Indonesia soon, while the government studies a request by Inpex to extend the contract for Masela block in the Arafura Sea.
Buru Energy Completes Drilling at Ungani 3 Well in EP 391 in WA
Thursday, March 06, 2014 Buru Energy completes drilling at Ungani 3 well in exploration permit 391 in Western Australia.
AWE Continues to Drill at Pateke-4H Well in PMP 38158 off New Zealand
Thursday, March 06, 2014 AWE continues drilling at Pateke-4H development well in petroleum mining permit 38158 off New Zealand.
Singapore, UK Researchers Launch Joint Lab for Marine, Offshore R&D
Thursday, March 06, 2014 A*STAR and University of Southampton launch a joint laboratory in Singapore to develop technological solutions for the maritime, energy and offshore sectors.
Flowserve Clinches Contract for Shell's Malikai Oil Project off Sabah
Thursday, March 06, 2014 Flowserve clinches contract to supply water injection and liquid transfer pumps for the Shell-operated Malikai oil field project off Sabah, Malaysia.
InterOil Spuds Bobcat-1 Well in PPL238 in Gulf Province of PNG
Thursday, March 06, 2014 InterOil spuds Bobcat-1 exploration well in Petroleum Prospecting License 238 in the Gulf Province of Papua New Guinea.
Rawson Resources to Acquire 100% Interest in PRL13 in Otway Basin
Thursday, March 06, 2014 Rawson Resources signs agreement with Adelaide Energy to acquire 100 percent interest in Petroleum Retention License 13 in Otway Basin, South Australia.
Technip Wins Subsea Deal for Jangkrik Project in the Muara Bakau PSC
Thursday, March 06, 2014 Technip wins a subsea deal, worth up to $1.37 billion, from Eni for the Jangkrik project in the Muara Bakau Production Sharing Contract off Makassar Strait, Indonesia.
Ezra Clinches $125M Contracts to Work in Asia Pacific, West Africa
Wednesday, March 05, 2014 Ezra Holdings clinches subsea construction and offshore support contracts in Asia Pacific and West Africa totaling $125 million.
Ezion Signs $87.6M Contract to Supply Jackup to South Asian NOC
Wednesday, March 05, 2014 Ezion Holdings signs a $87.6 million contract to supply a jackup to a South Asian national oil company.
Drilling Continues at Etty-1 Well in ATP 855 in Cooper-Eromanga Basin
Wednesday, March 05, 2014 Icon Energy reveals that drilling continues at Etty-1 well in ATP 855 in the Cooper-Eromanga Basin in Queensland, Australia.
China's CNPC to Open Six Business Areas to Private Investors
Wednesday, March 05, 2014 China National Petroleum Corporation plans to open six business areas to private investors, its chairman says, two weeks after peer Sinopec Corp opened up its retail oil business to non-state partners.
COSL Delivers COSL7 Module Rig, Heads to Gulf Of Mexico to Prepare for Work
Wednesday, March 05, 2014 COSL announces that COSL7 module rig has been delivered and is headed for the Gulf of Mexico for installation of modules and pre-operation testing.
EOC Bags $100M Job for Lewek Conqueror Accommodation, Construction Barge
Wednesday, March 05, 2014 EOC bags a $100 million contract to provide the Lewek Conqueror accommodation and construction barge to an oil major for work in South East Asia.
NZOG Updates on Drilling at Pateke-4H Well Offshore Taranaki
Wednesday, March 05, 2014 New Zealand Oil & Gas updates on drilling at Pateke-4H well in Tui oil fields offshore Taranaki, New Zealand.
Perdana Petroleum's Unit Receives $16M Accommodation Barge Contract
Wednesday, March 05, 2014 Perdana Petroleum's unit Intra Oil Services receives a $15.9 million deal to provide an accommodation barge to Ocean Pro Offshore.
Thai PTTEP Cuts 5-Year Investment Budget, Sales Forecast
Wednesday, March 05, 2014 PTTEP cuts its five-year investment budget by 8 percent and 2014 petroleum sales target by 3 percent due to lower output from an Australian field and a delay in the startup of a gas field in Myanmar.
UMW Petrodril to Supply Hydraulic Workover Unit Rig to Petronas Carigali
Wednesday, March 05, 2014 UMW Petrodril will supply a hydraulic workover unit rig as part of a $45.2 million contract with Petronas Carigali.
DNV GL Triples Size of New Laboratory in Singapore
Tuesday, March 04, 2014 DNV GL triples the size of its new laboratory in Singapore to deliver innovative and integrated solutions for the marine and offshore industries.
Keppel FELS to Build a High-Specification Jackup for TS Offshore for $500M
Tuesday, March 04, 2014 Keppel FELS receives a $500 million contract to build an ultra-high specification jackup for TS Offshore.
Lundin Completes Drilling at Balqis-1 Well in Baronang PSC in Natuna Sea
Tuesday, March 04, 2014 Lundin Petroleum completes drilling at Balqis-1 well in the Baronang production sharing contract in Indonesia's Natuna Sea.
First Oil Flows from Siakap North-Petai Develpment off East Malaysia
Tuesday, March 04, 2014 Murphy Oil commences first oil from Siakap North-Petai development offshore East Malaysia and progresses work at Dalmatian subsea project in the Gulf of Mexico.
Pan Orient Energy Fails to Find Hydrocarbons in Thailand's L53 Concession
Tuesday, March 04, 2014 Pan Orient Energy abandons L53-A Central exploration well after failing to find commercial hydrocarbons in L53 concession in Thailand.
Malaysia's Petronas 4Q Profits Jump 45% on Output Boost
Tuesday, March 04, 2014 Petronas posts a 45.4% jump in fourth-quarter profit thanks to exploration successes boosting output.
Senex to Supply Gas from Hornet Field in Cooper-Eromanga Basin to SACB JV
Tuesday, March 04, 2014 Senex Energy inks agreement to supply gas from Hornet field in the Cooper-Eromanga Basin to the South Australian Cooper Basin Joint Venture.
AGC's Unit Bags $155M Scaffolding Works Contract for Ichthys LNG Project
Monday, March 03, 2014 AGC's subsidiary MAS Australasia bags a $155 million scaffolding works contract for Australia's Ichthys liquefied natural gas project.
Loyz Acquires 20% Stake in 3 Onshore Blocks in Thailand for $65M
Monday, March 03, 2014 Loyz Energy acquires 20% stake in 3 onshore concessions in Thailand's Phetchabun Basin from Carnarvon Petroleum for $65 million.
Mirach Energy Updates on Upstream Operations in Cambodia, Indonesia
Monday, March 03, 2014 Mirach Energy provides an update on its upstream operations in Cambodia and Indonesia.
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