Offshore Asia News - page 155


Woodside makes third Myanmar gas discovery

Aug 07, 2017

Woodside has made its third gas discovery offshore Myanmar. The Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin intersected a 65m gross gas column. A 36m net gas pay interval was interpreted within the primary target sandstone reservoir…

Husky, CNOOC start up BD gas field

Aug 01, 2017

Joint operator Husky-CNOOC Madura has started first production from the BD gas field in Indonesia. The BD gas field is in the Madura Strait in 55m water depth. It is being produced via an unmanned wellhead platform, a floating production…

Virtual metering

Aug 01, 2017

NEL’s Damian Krakowiak examines the potential of virtual flow metering technology and how better testing could enable its adoption. Validation needed. Photo from  NEL. With the…

Hess to start up North Malay in Q3

Jul 31, 2017

Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project offshore Malaysia in Q3 2017. The North Malay Basin Block PM302 is…

Petronas to exit offshore Vietnam blocks

Jul 27, 2017

Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…

Oil production ceases at Oyong field

Jul 25, 2017

Oil production from the Oyong field offshore East Java, Indonesia, ceased in June as part of the Sampang Sustainability Project, according to partner Cue Energy. As part of the project, the field’s production has been switched to natural gas only…

Mermaid bags US$4.6 million in two deals

Jul 24, 2017

Mermaid Maritime has been awarded two subsea contracts with a combined estimated value of US$4.6 million. The first contract award, with work scheduled to begin in Q3 2017, will involve a short ROV campaign for pipeline touchdown monitoring…

Keppel discloses delivery agenda

Jul 20, 2017

Keppel Corp. has revealed that its wholly-owned subsidiary Keppel Offshore and Marine’s (Keppel O&M) plans to deliver five rigs to Borr Drilling, and the world's first floating liquefied natural gas (FLNG) vessel conversion Image from Keppel…

Wison W-FSRP gets Bureau Veritas AIP

Jul 18, 2017

Wison Offshore & Marine’s newly-developed floating storage regasification and power generation barge, the W-FSRP, has received approval in principle (AIP) from Bureau Veritas. W-FSRP. Image from Wison…

Ophir nears Fortuna FID, cuts workforce by 15%

Jul 12, 2017

Ophir Energy is expecting to have the Fortuna FLNG project final investment decision (FID) off Equatorial Guinea settled in the coming months, as the company moves to decrease costs by cutting 15% of its global workforce. Thailand operations…

Enra inks Petronas Yetagun deal off Myanmar

Jul 10, 2017

Petronas has given Enra a letter of award to provide condensate storing and offloading services for the Yetagun gas field, off Myanmar. The deal is between Petronas subsidiary PC Myanmar (Hong Kong) Ltd. (PCML), and Enra’s 60%-owned subsidiary…

Jurong, NADL further delay West Rigel delivery

Jul 10, 2017

Singaporean shipbuilder Jurong Shipyard has further extended its standstill agreement with North Atlantic Drilling Ltd. (NADL), which will delay the delivery of the West Rigel semisubmersible drilling rig for the fifth time. The Sembcorp…

Timor-Leste prospectivity rises

Jul 06, 2017

Timor GAP, the national oil company of Timor-Leste, has identified 'world-class prospectivity' southeast of the island that the company believes to be a game changer for explorations in the region. Located in the Timor-Leste Exclusive Area…

Shah Deniz 2 QU topsides installed

Jul 05, 2017

BP has installed the topsides for the Shah Deniz Stage 2 quarters and utilities (QU) platform in the Caspian Sea, the supermajor announced this week, as the project inches closer to first gas in 2018. The QU platform topsides set sail…

Petrobras, CNPC form strategic pact

Jul 05, 2017

Petrobras and CNPC have signed a memorandum of understanding (MoU) in Beijing to structure a strategic partnership. The MoU was signed by Petrobras CEO Pedro Parente, and Wang Dongjin, VP of CNPC and CEO of PetroChina. The MoU will…

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