South Asia ///

Schlumberger, Baker Hughes awarded key contracts for Cambay core analysis in India

Oilex Ltd. has announced the award of two key contracts to Schlumberger and Baker Hughes as part of its 2017 work program at the Cambay PSC in India. Schlumberger and Baker Hughes will advise on the optimal well and stimulation design required to achieve potential commercial flowrates.

Pence hails $10 billion in Indonesia deals, from Exxon to GE

Vice President Mike Pence announced 11 major deals valued at more than $10 billion between U.S. and Indonesian companies, mostly in energy and defense.

Over 6 Bcm of hydrocarbons reportedly produced from Vietnam's Moc Tinh and Hai Thach fields since 2003

A working meeting between Alexey Miller, chairman of the Gazprom management committee, and Nguyen Vu Truong Son, CEO and member of the board of directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow on April 19th.

Brunei Shell Petroleum recognized for 50 years of service with Sikorsky helicopters

Sikorsky today recognized Brunei Shell Petroleum (BSP) for 50 years of continuous service with Sikorsky helicopters. The recognition event took place at the inaugural 2017 Rotorcraft Asia show. Sikorsky is a Lockheed Martin company.

Gazprom builds 15 exploratory, development wells in Bangladesh in four years

A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Abul Hassan Mahmood Ali, minister of foreign affairs of the People’s Republic of Bangladesh, took place in Moscow. The parties expressed their appreciation for the Company’s efforts in Bangladesh.

Emerson donates reservoir characterization software to Indian universities

Emerson Automation Solutions has donated licenses of its reservoir characterization and engineering software, Roxar RMS and Roxar Tempest, to two prominent Indian universities, the Graphic Era University (GEU) in Dehradun and the Maharashtra Institute of Technology (MIT) in Pune.

Billionaire creates BHP-style Indian resources major

Anil Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton Ltd.-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the billionaire’s ambitions stretch.

Hansa Heavy Lift transports subsea equipment for offshore gas fields in Indonesia

Hansa Heavy Lift has successfully transported two dozen reels, as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia.

India oil demand shrinks for third month amid demonetization drag

India’s oil consumption fell for a third straight month, with the use of bitumen and naphtha declining and diesel demand growth flat, amid the continuing effects of demonetization.

Shell opens new technology center in Bangalore, India

Shell has opened a new major technology hub in Bangalore, India, expanding the company’s R&D activities in Asia. The 52-acre, custom built technology center can house up to 1,500 experts working collaboratively on innovative projects worldwide.

IEA welcomes India as association country

The International Energy Agency welcomed India as an association country on Thursday, expanding its partnership for a more secure and sustainable energy future with the world's third-largest energy consumer.

Global gas market battered by glut gets eager buyer in Thailand

Thailand has a message for embattled global LNG sellers: It’s going on a shopping spree.

ONGC to invest $10 billion in deepwater projects off India's east coast

India’s Oil & Natural Gas Corp. is wading into deep waters, where energy giants BP Plc and Reliance Industries Ltd. found a sea of trouble.

Engie to sell interest in India's biggest LNG importer

Engie SA, France’s former natural-gas monopoly, plans to sell its entire 10% holding in India’s biggest importer of liquefied natural gas.

Asia's U.S. LNG fever going cold as buyers seek supply swaps

More Asian LNG buyers are trying to avoid taking the U.S. supplies they signed up for just a few years ago in order to cut shipping costs.

Proserv awarded significant subsea control system contract from Premier Oil

Energy services company Proserv has been awarded a multi-million-dollar contract with Premier Oil for work in Asia-Pacific.

ONGC said to see spending plans curtailed by potential merger

India’s plan to push its top oil producer to fund a takeover of a state refining company may threaten some near-term investments.

LNG fights a losing battle in India as taxes weigh on demand

A province governed by India’s Prime Minister Narendra Modi for 13 years is impeding his plans to promote clean energy.

JDR wins major umbilical contract for India's western offshore project

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.

India taps newcomers to unlock $7-billion oil and gas assets

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.