South Asia ///

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.

Premier Oil provides drilling operations update

Premier Oil has provided the following update on drilling operations in the North Sea, Mexico and Indonesia.

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.

India approves creation of state oil giant in $4.6-billion deal

India approved the sale of a $4.6 billion stake in state-run refiner Hindustan Petroleum Corp. to the country’s biggest oil and gas explorer, according to a person with knowledge of the decision.

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.

Xodus wins subsurface contract with Cairn Oil and Gas in India

Xodus Group has won a contract with Cairn Oil and Gas of Vedanta Ltd. to conduct exploration and appraisal work on its Rajasthan block in northwest India over the next two years.

Indonesia unlikely to need imported gas until at least 2020

Indonesia is unlikely to need to import natural gas until at least 2020 due to robust production at home, a senior government official said on Wednesday.

Philippine official says drilling for oil in disputed sea may resume this year

Drilling for oil and natural gas on the Reed Bank in the South China Sea may resume before the end of the year, a Philippine energy official said on Wednesday, as the government prepares to offer new blocks to investors in bidding in December.

India wants $300 billion in oil spending to meet growing demand

India wants $300 billion in investments over the next 10 years to satisfy accelerating demand in the world’s fastest-growing oil market.

India gives Iran $11-billion "best offer" on Farzad-B field

An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a “reasonable return” on the project, according to the company leading the group.

LNG price row between India, U.S. crimps Trump's export plans

India's biggest importer of U.S. liquefied natural gas (LNG) is trying to re-negotiate prices with the U.S. seller, sources said, undermining plans by U.S. President Donald Trump to export more gas to the fast-growing Asian nation.

ONGC, Aqualis Offshore match rig move record offshore India

The Oil and Natural Gas Corporation Limited (ONGC), with the support of Aqualis Offshore, has matched its own pre-monsoon rig move record set last year offshore India. Aqualis Offshore has also secured a new contract extension to support ONGC.

Rosneft says Essar takeover is pending final details

Rosneft PJSC, Russia’s biggest oil producer, said it has all but completed its multi-billion-dollar joint purchase of India’s Essar Oil Ltd., expanding its access to the Asian nation’s burgeoning fuel market.

BP, Reliance to revive India investments after eight years

BP Plc and Reliance Industries Ltd. will invest as much as $6 billion to restart work in Indian oil and gas blocks after eight years, in an area off the South Asian country’s east coast, where both companies have faced trouble boosting production.

Honeywell invests in cyber security innovation center in Asia-Pacific

Honeywell Process Solutions (HPS), with the support of the Singapore Economic Development Board (EDB), will establish a new industrial cyber security center of excellence (COE) for Asia-Pacific in Singapore