East Asia ///

Schlumberger completes multi-purpose vessel seismic acquisition survey in Malaysia

Schlumberger has announced that WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multi-purpose vessel (MPV)—a first in the industry.

Cambodia, KrisEnergy seal terms for nation's first oil field development

The Royal Government of Cambodia and KrisEnergy Ltd. have announced the signing of fiscal and technical agreements for the nation’s first oil field development in Cambodia Block A in the Gulf of Thailand.

Ten sailors missing after U.S. warship crashes into oil tanker

Ten sailors are missing and five were injured after a U.S. warship collided with a petroleum tanker near Singapore on Monday, the second crash involving an American naval vessel in Asia in a matter of months.

COSCO Shipping transports Shell's Appomattox hull

COSCO Shipping Specialized Carriers successfully loaded Shell's 40,335-mt Appomattox hull on board the M/V Xin Guang Hua nearby Geoje Island, South Korea, on Aug. 6, 2017.

Greka Drilling awarded two new contracts from PetroChina CNPC

Greka Drilling Limited, the largest independent and specialized unconventional oil & gas driller in Asia, has announced that it has been awarded two new drilling contracts with PetroChina Huabei Oilfield Limited (a subsidiary of CNPC).

Whatever happened to Indonesia's mighty oil and gas industry?

Once a cornerstone of the economy, Indonesia’s oil and gas sector is in a slump, even as the country’s appetite for energy soars.

Philippines weighs China energy deal in disputed South China Sea

The Philippines is considering potential ways to jointly develop oil and gas resources with China in a disputed part of the South China Sea, according to Foreign Affairs Secretary Alan Peter Cayetano.

Woodside strikes gas for the third time in Myanmar

Woodside has advised that the Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine basin, located offshore Myanmar, has intersected a gross gas column of approximately 65 m. A net gas pay interval of approximately 36 m has been interpreted within the primary target sandstone reservoir.

Energy explorers search Pakistani "wildcat areas" as fields dry

Pakistan’s state-owned companies are spending record amounts on energy exploration, including in areas more known for separatist insurgency, as old fields start to dry up.

Indonesia seeks Chevron, ConocoPhillips proposals in investment push

Indonesia wants Chevron Corp. and ConocoPhillips to submit proposals to renew their licenses to operate oil and gas fields as the former OPEC member seeks to reverse a decline in energy investments.

Rosneft celebrates 15 years of safe offshore operations in Vietnam

Rosneft celebrates 15 years of safe offshore operations in Vietnam Rosneft Vietnam B.V., a Rosneft subsidiary operating Block 06.1 on Vietnam shelf celebrates 15 years of safe offshore operations.

CNOOC announces start of production at BD gas field in Indonesia

CNOOC Limited has announced that BD gas field in Indonesia has already commenced production.

Petronas to hand over Blocks 01, 02 in Vietnam's Cuu Long basin

Petronas' subsidiary PC Vietnam Limited (PCVL) will hand over Blocks 01 and 02, located at the Cuu Long basin, offshore Vietnam, to the host authority once the Production Sharing Contract (PSC) for the blocks expires on Sept. 9, 2017.

If Petronas can't beat U.S. LNG suppliers, it may join them

Malaysia’s Petroliam Nasional Bhd has pulled the plug on its $27-billion plan to ship liquefied natural gas from Canada’s west coast to Asia, losing out to U.S. suppliers who got to market first. Well, if it can’t beat them, it may still join them.

China backs joint energy development with Philippines in disputed sea

China's foreign minister on Tuesday said he supported the idea of joint energy ventures with the Philippines in the disputed South China Sea, warning that unilateral action could cause problems and damage both sides.

Proserv secures series of decommissioning contracts in Asia-Pacific

Energy services company Proserv has been awarded a series of contracts worth around $4 million for its well severance, platform and FPSO decommissioning services in the Asia-Pacific region.

The Philippines shortlists six countries for $2-billion LNG hub

The Philippines has shortlisted six countries and will choose one from them as a partner for its planned $2-billion receiving and distribution facility for imported LNG, an official from the state-run energy firm PNOC said on Thursday.

China drafts new rules easing state oil majors' grip on storage

Beijing on Wednesday issued a draft of new regulations for China's growing oil and fuel storage industry, helping loosen the state-owned oil majors' grip on the sector as the nation pushes to reform its vast energy markets.

Vietnam plans oil reserves equivalent of 90 days of imports by 2020

Vietnam's prime minister has approved a plan for the country's total crude oil and oil product stocks to be at least 90 days' worth of net imports by 2020.

Ethos Energy awarded multi-million-dollar contract by Brunei Shell Petroleum

Ethos Energy has been awarded a multi-million-dollar, five-year maintenance service agreement by Brunei Shell Petroleum for the provision of engineers and improvement of compressor packages on the Champion 7 offshore platform in the South China Sea, off the coast of Brunei.