Offshore Asia News - page 176


Primeline, CNOOC in arbitration

May 25, 2016

Primeline Energy has begun arbitration proceedings against China National Offshore Oil Corp. (CNOOC) for continuing disputes over the development, production and sale of gas from the LS36-1 gas field in the East China Sea. Primeline, which has 49% stake in LS36-1 in Block 25/34…

India to open bid round

May 24, 2016

The government of India is launching a small field bidding round this week that consists of 67 discovered small fields in 46 shallow water, deepwater, and onshore contract areas. The Discovered Small Field Bidding Round – 2016 will be launched tomorrow…

JDR inks Vashishta subsea work off India

May 24, 2016

UK supplier of subsea umbilicals and power cables JDR has been awarded a contract by GE Oil & Gas, on behalf of operator ONGC, for the Vashishta and S1 development project, offshore India. The Vashishta and S1 fields are in the KG Basin…

Indian offshore wind "open playing field"

May 24, 2016

While Europe has been leading the charge in offshore wind development, the US and other regions including India are starting to build activity.  In India, there are two main regions, the states of Gujarat and Tamil Nadu, on the west coast of India…

Woodside mulls Myanmar gas development options, plans further drilling

May 20, 2016

Woodside is considering development options on its two discoveries offshore Myanmar, as well as a 4-7 well drilling campaign next year, the firm said this morning.  The plans, potentially involving tie-backs or even a standalone development…

Novatek, PTT ink E&P, LNG MoU

May 18, 2016

Russia’s Novatek and Thailand’s PTT signed a memorandum of understanding (MOU) to cooperate and study potential joint opportunities in the exploration and production of hydrocarbons, the implementation of LNG projects, the supply of LNG and the development of LNG markets…

Mubadala starts at Sri Trang-1 off Thailand

May 18, 2016

Drilling has commenced at Mubadala Petroleum's Sri Trang-1 exploration well in the Gulf of Thailand, using the Atwood Orca jackup. Sri Trang-1 is in the reservation area of the G1/48 concession, approximately 18km north northeast of the Manora oil development…

Chevron to cut 800 Thai jobs

May 17, 2016

US supermajor Chevron will cut some 800 jobs in Thailand to keep in line with its plan to cut 4000 from the company this year, and its cost reduction efforts of US$500 million due to the downturn, according to news reports. Image from Chevron…

Rosneft, PetroVietnam extend cooperation

May 17, 2016

Rosneft and Vietnam's PetroVietnam have signed a cooperation agreement setting out the expansion of cooperation around oil and gas exploration, including offshore, between the parties in Russia, Vietnam and elsewhere. The agreement also covers processing…

WFS appoints Australia, SE Asia project director

May 16, 2016

WFS Technology has appointed Mike Theobald as project director for Australia and Southeast Asia. Theobald brings his knowledge and understanding of subsea control systems, as well as an insight into how best to use Seatooth products and technology…

ALE completes Malikai load out

May 16, 2016

ALE loaded-out the 27,500-tonne Malikai tension leg platform (TLP) at Malaysia Marine and Heavy Engineering (MMHE) West in Johor Darul Takzim, Malaysia. Load out operations of the Malikai TLP, from ALE…

Santos starts Indonesia appraisal well

May 16, 2016

Santos began drilling the AAL-4X appraisal well, offshore Indonesia using the PT Apexindo's Raniworo jackup. AAL-4X is located in the West Natuna basin in the Northwest Natuna license and sits in 72m water depth Santos is drilling…

Swiber in Q1 revenue increase

May 16, 2016

Swiber Holdings reported a net loss of US$0.2 million for Q1 2016, in addition to a group revenue increase of $191.3 million due to South Asia projects. The offshore engineering, procurement, installation and construction (EPIC) company's…

KrisEnergy nearly triples revenue, production

May 13, 2016

KrisEnergy nearly tripled its revenue in Q1 2016 and more than doubled its production when compared to Q1 2015, due to two new fields that started production in the Gulf of Thailand. Image from KrisEnergy…

Ezra wins US$40 million Asia, Africa work

May 12, 2016

Ezra subsidiaries EMAS Offshore and EMAS Energy have secured new contract awards and letters of intent amounting to approximately US$40 million, including options, since the start of Q3 FY2016. EMAS Energy’s new contract award will see…

Current News

Portugal Selects Four Offshore Wind Farm Sites Ahead of Auction

Technical Issue Shuts Down BP’s Caspian Sea Gas Platform

Kazakhstan Orders Kashagan Oil Field Operator to Pay $6.6M Fine

NextGeo Scoops $27.8M for North Sea Offshore Wind Surveys

Subscribe for OE Digital E‑News