South Asia
News
January 07, 2015
PARIS -- CGG has completed processing of the Bade FALCON Airborne Gravity Gradiometer (AGG) multi-client survey it recently conducted within the Papua Foreland basin. CGG acquired over 28,000 sq km of FALCON AGG data over onshore PSC, JSA and open acreage in a highly underexplored region of West Papua along trend from multi-Tcf gas fields and recent oil discoveries in Papua New Guinea.
News
January 07, 2015
SINGAPORE -- Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts worth a total of about $51.99 million (S$65 million).
News
January 06, 2015
GAUTENG, South Africa -- SacOil Holdings, through its subsidiary Mena International Petroleum (Mena) has announced the commencement of field development operations at its 100% owned Lagia oil field in Sinai, onshore Egypt.
News
January 06, 2015
HONG KONG -- CNOOC has made a mid-to-large sized natural gas discovery in the South China Sea. The Lingshui 25-1 structure is located in the northeast of Ledong Sag in the Qiongdongnan basin of the South China Sea, with an average water depth of about 980 m.
News
January 05, 2015
BEIJING, China -- By the end of 2014, Changqing Oilfield produced 25.04 million tons of crude and 38.15 Bcm of natural gas, totaling 55.45 million tons of oil equivalent, a net increase of 3.5 million tons of oil equivalent over the last year.
News
January 02, 2015
LONDON and SEOUL (Bloomberg) -- Oil traded near its lowest closing price since middle of 2009 amid signs of manufacturing weakness in Europe and China.
News
January 02, 2015
MOSCOW (Bloomberg) -- Russian oil production rose to a post-Soviet record last month, showing how pumping of the nation’s biggest source of revenue has so far been unaffected by U.S. and European sanctions or a price collapse for the commodity.
News
December 31, 2014
SINGAPORE -- Keppel Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured a firm contract from Golar Gimi, a subsidiary of Golar LNG, to perform the conversion of a second Moss LNG carrier, the GIMI, into a FLNG vessel.
News
December 31, 2014
HOUSTON -- RigNet has acquired Timas Munaicom, an oilfield communications company based in Almaty, Kazakhstan.
News
December 29, 2014
KARACHI, Pakistan -- Pakistan Petroleum Limited, operator of the Gambat South Block with a 65% working interest (WI), along with its joint venture partners Government Holdings (Private) Limited and Asia Resources Oil Limited with 25% and 10% WI, respectively, has made another gas and condensate discovery at its exploration well Faiz X-1 located in District Sanghar, Sindh. This is the sixth discovery in the block.
News
December 29, 2014
KUWAIT -- Kuwait Energy (70% and operator) and Dragon Oil (30%) has made its second oil discovery at Block 9, Iraq.
News
December 29, 2014
SINGAPORE -- Otto Marine's shipyard division has sold an Anchor Handling Tug Supply vessel (AHTS) to a renowned unrelated third party for $100 million.
News
December 29, 2014
MOSCOW, Russia -- Lukoil and Rosneft Petroleum have signed a package of legally binding documents regarding the sale of Lukoil’s interest in National Oil Consortium (NOC), in Moscow.
News
December 26, 2014
TOKYO, Japan -- JX Nippon Exploration and Production (UK), a wholly owned subsidiary of JX Nippon Oil and Gas Exploration Corporation has been provisionally awarded seven of the newly announced blocks in the UK Continental Shelf 28th Offshore Oil and Gas Licensing Round.
News
December 26, 2014
MOSCOW, Russia -- Bashneft and Emerson Process Management have signed a long-term memorandum of cooperation on the development of systems for comprehensive automation of industrial facilities.
News
December 24, 2014
HOUSTON -- Noble Energy and its partners in the Leviathan field were advised by the Israel Anti-trust Authority of its decision to not submit the Consent Decree to the Anti-trust Tribunal for final approval. In response, Noble Energy and partners have requested a hearing on the topic with the Anti-trust Authority, which Noble Energy expects to occur in the next few weeks.
News
December 22, 2014
LONDON -- BP and SOCAR have signed a new Production Sharing Agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea.
News
December 22, 2014
JUBA, South Sudan -- CNPC and South Sudan's Ministry of Petroleum and Mining signed an MOU on EOR cooperation in Juba, the capital of South Sudan, on Dec. 17. According to the MOU, CNPC will utilize its EOR technology to work with the operators of three blocks to increase crude production in South Sudan, and provide relevant training to technicians from the Ministry of Petroleum and Mining.
News
December 19, 2014
EL DORADO, Arkansas -- Murphy Oil Corporation's wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., have closed on the first phase of the sale of 30% of Murphy's Malaysian oil and gas assets to PT Pertamina Malaysia Eksplorasi Produksi.
News
December 18, 2014
HOUSTON – At a time when most oil companies are cutting budgets and scaling back E&P spending, Cairn India held supplier summits in Calgary and Houston to invite international oilfield service companies and equipment manufacturers to help the company with E&P projects in India, offshore Sri Lanka and South Africa.
News
December 17, 2014
SINGAPORE -- Nordic Maritime Pte. Ltd., an offshore service operator, has been awarded a contract to provide 2D seismic survey work in Indonesia by MultiClient Geophysical (Pte) Ltd.
