East Asia ///
API issued the following statement in response to China’s increase of the retaliatory tariffs on $60 billion worth of U.S. products, including U.S. LNG:
Korean Prime Minister Nak-yon Lee attended the 2019 Offshore Technology Conference (OTC) at NRG Park on Wednesday, 8 May, further emphasizing the global reach of the offshore energy industry.
Talks between the U.S. and China to resolve their year-long trade standoff appeared to be on life-support Monday, with Beijing struggling to respond to tweets by President Donald Trump that threaten an escalation of tariffs by the end of the week.
Sabah Shell Petroleum Company Ltd., a subsidiary of Royal Dutch Shell, has signed an offshore Master Service Agreement (MSA) with BMT.
The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that Goldman Sachs Group Inc. predicts will upend energy markets.
Malaysia’s state-owned oil company is banking on the Americas to help raise reserves and maintain production rates as wells in its Southeast Asian home market continue their natural declines.
Keppel FloaTEC LLC, a wholly-owned subsidiary, of Keppel Offshore & Marine has secured an engineering services contract from China’s Offshore Oil Engineering Company Ltd (COOEC), the main EPCI (engineering, procurement, construction, installation) contractor for the Lingshui 17-2 production semi-submersible (semi) to be built in China.
CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina Company Limited for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block.
Overseas equity of oil and gas production of China National Petroleum Corporation (CNPC) rose 10% year over year in the first-quarter 2019.
How can a supertanker, loading American oil without coming within a thousand miles of the Texas or Louisiana coast, avoid coming to the U.S.?
CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Bohai 09/17 Block (contract area).
DNV GL has announced that Samsung Heavy Industries (SHI) INTELLIMAN Ship software complies with the EU-MRV and IMO-DCS regulations. DNV GL issued a factual statement confirming compliance in a ceremony at the SHI R&D Center in Daejeon, South Korea.
TechnipFMC has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 4,921 ft (1,500 m).
CNOOC Limited has announced its 2018 annual results for the year ended December 31, 2018.
North Korea successfully evaded sanctions to import as much as seven-and-a-half times the allowed amount of refined petroleum last year, according to the U.S. government.
Murphy Oil Corporation has announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd.
DNV GL has opened an artificial intelligence research center in Shanghai as it seeks new solutions to enhance its audit, inspection and survey services.
During Day 2 of CERAWeek 2019, the leadership dialogue continued with Chevron Chairman of the Board and CEO Mike Wirth, who spoke to the crowd about Chevron’s goals in the Permian basin and Gulf of Mexico.
Conrad Petroleum Limited, the operator of Duyung PSC, announced that its development plan for the Mako gas field has been approved by Indonesia’s Ministry of Energy and Mineral Resources.
India's first east coast regas project, Ennore LNG terminal, has been commissioned by Indian Oil Corporation (IOCL).