South Asia
News
February 17, 2017
A province governed by India’s Prime Minister Narendra Modi for 13 years is impeding his plans to promote clean energy.
Article
February 2017
Last year will be remembered for its stark contrasts in global production rates, with North America absorbing the largest loss, while the Middle East and Russia chalked up big gains. It remains to be seen how OPEC’s quota deal in December will alter the rules of the game.
Article
February 2017
After two years of spending declines, North American E&Ps are set to increase capex during 2017, while international outlays are set to fall for a third consecutive year.
News
February 15, 2017
JDR, a supplier of subsea umbilicals and power cables to the global offshore energy industry, has been awarded a major steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC, for the 11 wells of western offshore project.
News
February 15, 2017
India approved awarding rights for 31 small discovered oil and gas fields in its first auction in six years, entrusting most of these to new entrants as it seeks to boost local production.
News
February 14, 2017
Fugro has secured its continued utilization of high performance offshore IRM vessel, REM Etive, and has finalized a purchase agreement at conditions significantly more beneficial than a renewed charter agreement, with owner Solstad.
News
February 08, 2017
Qatar Petroleum (QP), Total, Mitsubishi, Exxon Mobil, and Hoegh have announced their commitment to advance a liquefied natural gas (LNG) import project in Pakistan in collaboration with Global Energy Infrastructure Limited (GEIL).
News
February 01, 2017
India is planning to create a state-owned oil giant through mergers to match the might of international companies and billionaire Mukesh Ambani’s Reliance Industries Ltd.
News
January 31, 2017
West African oil producers will next month send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Middle East producers.
News
January 11, 2017
Saudi Arabia was said to cut February crude sales to China and southern Asian nations, while largely sparing countries including Japan and South Korea, as it curbs supply as part of a deal between OPEC and other producers.
News
January 05, 2017
Saudi Arabia raised pricing for February oil sales to Asia and increased premiums for light grades to the U.S. as the world’s largest crude exporter prepares to reduce output to help counter a global oversupply.
News
January 04, 2017
Asia’s finally becoming a prime destination for U.S. shale gas cargoes.
News
December 25, 2016
India’s biggest oil and gas producer will pay as much as $1.2 billion to buy a majority stake in a gas field off the country’s east coast, aiming to boost production as the country seeks to cut energy imports.
News
December 14, 2016
CGG announced that its equipment business, Sercel, has delivered four of its new-generation 508XT land acquisition systems to two seismic companies recently awarded survey work in India by ONGC and Oil India, as part of a new national seismic program commissioned by the Indian government.
News
December 14, 2016
Shell has started oil production from the Malikai tension leg platform (TLP), located 100-km off the coast of the Malaysian state of Sabah. Located in waters up to 500 m deep, Malikai is Shell’s second deepwater project in Malaysia, following the successful start-up of the Gumusut-Kakap platform in 2014. Malikai is expected to have a peak production of 60,000 bopd. As the company’s first TLP in the country, Malikai is an example of the strength of Shell’s global deepwater business, applying TLP expertise from decades of operations in the U.S. GOM.
News
November 27, 2016
Low crude prices that have been hammering oilfield service companies for the past two years might be ready to give a little back.
News
November 25, 2016
A drugmaker, a real estate developer and an edible oil company are among firms answering India’s call to tap undeveloped oil fields and become the newest explorers in the world’s fastest-growing energy consumer.
News
October 28, 2016
Oil India Limited (OIL), an upstream oil and gas public sector utility, has entered into a Memorandum of Understanding (MOU) with the University of Houston (UH), with the intent of augmenting its reserves base and maximizing recovery from its aging oilfields.
News
October 13, 2016
Oil & Natural Gas Corp., the largest Indian oil and gas explorer, and Hong Kong-listed United Energy Group Ltd. are among bidders for Bangladesh natural gas assets being sold by Chevron Corp., people with knowledge of the matter said.
News
October 11, 2016
Chevron Corp., the U.S. oil producer divesting assets to counter an energy-price slump, is seeking about $2 billion from a sale of natural gas assets in Bangladesh, according to people familiar with the matter.
