South Asia
News
January 16, 2018
India has increased the size of its oil and natural gas resources by 50% because of better data, according to the country’s oil regulator.
News
January 15, 2018
Following an extensive search operation, jointly conducted by ONGC, Coast Guard and Indian Navy, six bodies including one of the two Pilots of ill-fated Pawan Hans Chopper have so far been recovered. The search is on for one more person who is still missing.
News
January 09, 2018
Kreuz Subsea, a leading global integrated subsea services business, has announced it has been awarded its most financially significant contract in the company’s history.
News
December 26, 2017
India’s biggest oil explorer plans to snatch up producing assets to reach its goal of raising overseas output by more than half in about three years, a faster route than drilling for new reserves.
News
December 19, 2017
Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (EMGS) on Nov. 16, 2017, wherein it was announced that EMGS had received Letters of Intent for two contracts under which EMGS will perform prefunded multi-client acquisitions offshore Indonesia.
News
December 07, 2017
Santos has announced it will acquire a 20% equity in the PPL 339 licence in Papua New Guinea via a farm-in agreement with Kina Petroleum Limited.
News
December 04, 2017
Hindustan Oil Exploration Co. is rising from the ashes about a year after Italy’s Eni SpA sold its controlling stake.
News
November 27, 2017
GAIL India Ltd. received notification from Russia’s Gazprom PJSC that it plans to start deliveries of liquefied natural gas through a contract the Indian buyer is trying to renegotiate, according to people with knowledge of the matter.
News
November 16, 2017
Electromagnetic Geoservices ASA (EMGS) has announced that it has received Letters of Intent for two contracts under which EMGS will perform prefunded multi-client acquisitions offshore Indonesia.
News
November 13, 2017
After long undershooting its predictions, data on Monday showed consumer prices rose the most in seven months. The pace may only accelerate due to rebounding global oil prices.
Article
November 2017
India’s growing population, urbanization countering efforts to reduce dependency on imports
News
November 10, 2017
Narendra Modi’s first term as leader of the world’s fastest-growing oil market coincided with the biggest price crash in a generation. Crude’s rebound into a bull market is set to test the Indian Prime Minister as he gears up for re-election in 2019.
News
November 06, 2017
TechnipFMC has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project. The project is located in offshore Sabah, Malaysia at a water depth of approximately 1,300 m.
News
October 27, 2017
India’s consumption of oil products will accelerate in 2018 after unusually slow growth in 2017, according to ESAI Energy’s newly published Asia Watch Products.
News
October 20, 2017
KrisEnergy Ltd., an independent upstream oil and gas company, is pleased to announce it has made a final investment decision (FID) to proceed with the first phase of development for Apsara oil field, the first hydrocarbon development project in the Kingdom of Cambodia.
News
October 18, 2017
China is in a “golden age” for natural gas that will make it the world’s biggest user of the fuel sometime between 2040 and 2050, according to analysts at Sanford C. Bernstein & Co.
News
October 17, 2017
Reservoir Link, the well intervention and perforating solutions provider, has been awarded a contract to deliver annulus wash and cementing assurance (AWCA) equipment and services with Archer, the global oilfield services company, to ROC Oil (Sarawak) Sdn Bhd (ROC Oil) in Southeast Asia.
News
October 13, 2017
India needs overseas help to raise production from its aging oil fields and meet its goal of lowering crude imports by 2022, according to consultant Wood Mackenzie Ltd.
News
October 09, 2017
Saudi Arabia’s state-owned oil giant has “mega investment” plans for the world’s fastest growing oil market, according to Saudi Arabian Oil Co.’s CEO.
News
October 05, 2017
OneSubsea, a Schlumberger company, was award a contract by Reliance Industries for supply of the subsea production system for the R Cluster project, offshore India.
News
September 15, 2017
As the U.S. and its allies look to impose even stricter measures against North Korea, leader Kim Jong Un could find inspiration from oppressive regimes of yesteryear in Nazi Germany and Apartheid-era South Africa.
