South Asia
News
March 30, 2016
India is open to buying crude from the world’s newest exporters, including the U.S., as it attempts to diversify its supply sources.
News
March 29, 2016
India’s state-owned oil explorer won’t let low crude prices clip its wings.
News
February 11, 2016
Oil & Natural Gas Corp. reported the lowest quarterly profit in more than 15 years following the slump in crude prices.
Article
January 2016
An appraisal well in India’s KG Onshore Block—a JV between Cairn India Ltd. and ONGC—afforded key engineering and operational learning opportunities.
News
January 15, 2016
RasGas Company Ltd. has delivered the inaugural LNG cargo to Petronet LNG Ltd. under the new Sales and Purchase Agreement (SPA) signed on Dec. 31, 2015, between Petronet and Ras Laffan Liquefied Natural Gas Company Ltd.
News
December 31, 2015
Qatar’s RasGas Co. has reached a new pricing agreement for an existing 25-year contract with Petronet LNG Ltd., India’s biggest gas importer that lowers the price of the fuel by almost half starting Jan. 1.
News
December 21, 2015
Ezra Holdings’ Subsea Services division, EMAS AMC, has won subsea contracts worth nearly $70 million, including work with a new client in the Middle East.
News
December 18, 2015
In the world’s biggest oil market, buyers have better options than U.S. crude.
Article
December 2015
ONGC has been engaged during the last 15 years in enhancing production from mature fields by placing big investments in redevelopment and rolling-redevelopments. Through a sustained effort, ONGC’s Western Offshore fields increased their production volume 14.6% during FY 2015, as compared to FY 2014.
News
November 25, 2015
Wild Well Control Inc., a Superior Energy Services company and a global leader in well control, greatly enhances its presence in the Asia-Pacific region this month with the addition of vital, permanent personnel to offer advanced well control engineering capabilities at an unprecedented pace.
News
October 28, 2015
Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 32% decline in third-quarter sales as slumping oil prices overwhelmed a boost in production and a cut in spending.
News
October 13, 2015
Sri Lanka will issue a fresh international tender for offshore oil and gas blocks after billionaire Anil Agarwal’s Cairn India Ltd. relinquished its exploration rights in the South Asian island.
News
October 12, 2015
OMV has discovered gas in the Latif South-1 exploration well in Pakistan’s Latif exploration license, the company said Monday.
News
October 09, 2015
Cairn India Ltd., the nation’s biggest onshore oil driller, is targeting an 18% increase in output from its wells in the northern state of Rajasthan in January as it revives older fields in its largest producing block, according to company and government officials.
News
October 07, 2015
Recent reports by the International Energy Agency note that Canada will fail to have any LNG export projects up and running before 2020, paving the way for U.S. suppliers to dominate.
News
October 06, 2015
The worst commodity slump in a generation has a silver lining for India’s state-run energy explorer.
News
September 30, 2015
India reduced the price of locally produced natural gas by 18% for six months beginning Oct. 1, hurting producers including Oil & Natural Gas Corp., Oil India Ltd. and Reliance Industries Ltd.
News
September 24, 2015
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that the company has signed a multi-client acquisition agreement with the Directorate General of Hydrocarbons (DGH) in India.
News
September 10, 2015
Iran cut pricing for all its oil grades for sale to Asia next month, according to two people with knowledge of the decision, trimming the premium on its main Light crude over the comparable Saudi blend to the narrowest since the end of 2012.
News
September 04, 2015
OAO Rosneft will sell a stake in one of its largest oil-producing projects to ONGC Videsh Ltd., the overseas-investment arm of India’s biggest explorer, for $1.27 billion, people familiar with the plan said.
News
August 31, 2015
Keppel Offshore & Marine USA has completed acquisition of Cameron's offshore rigs business, which comprises the LETOURNEAU jackup rig designs, rig kit business, and aftermarket services for $100 million.
