South Asia ///

Conrad Petroleum gets approval for Mako development plan, offshore Indonesia

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.

WoodMac: India commissions first east coast LNG terminal

India's first east coast regas project, Ennore LNG terminal, has been commissioned by Indian Oil Corporation (IOCL).

Asia remained top U.S. oil buyer in 2018 despite China trade row

Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.

Xodus strengthens Perth workforce after successful year

International energy consultancy Xodus Group has grown its team in Perth by almost 50% after a batch of new contract wins in the Asia-Pacific (APAC) region over the last twelve months.

Venezuelan oil finds home in India as U.S. shuns shipments

India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation.

India’s PM Narendra Modi presents ADNOC Group CEO with “International Lifetime Achievement Award” at Petrotech 2019

His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO of the Abu Dhabi National Oil Company (ADNOC), was honored, today, with the “International Lifetime Achievement Award” for his outstanding contribution to the global energy industry.

Tata Steel makes key appointment to support business growth

Tata Steel has announced a key appointment as the company looks to maximize on an upturn in its oil and gas activity.

India set to hold third oil, gas block auction under new policy

India announced a third round of auctions in a year for oil and gas blocks under a more liberal policy, targeting to raise as much as $700 million in exploration investments as the country seeks to cut its reliance on imports.

U.S. ban may offer China and India feast of cheap Venezuelan oil

A possible move by Donald Trump to hurt Venezuela’s oil industry could prove a shot in the arm for the Xi Jinping and Narendra Modi administrations.

CNOOC's Huizhou project starts production in the South China Sea

CNOOC has announced that Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project has commenced production.

Will Asia-Pacific's O&G sector join the global recovery in 2019?

The need to fill new and old gas infrastructure will see the drilling of exciting offshore prospects across Australia, Brunei, Malaysia, Myanmar, Pakistan and Papua New Guinea.

India oil demand rises from four-year low as cash ban impact fades

India’s oil demand growth in 2018 rebounded from the slowest pace in four years as the country recovered from the shock of a cash ban and the roll out of a national sales tax.

Companies in the news

Michele Cowart, World Oil

ABB has been awarded an integrated automation, electrification and telecommunication project, valued at $79 million, for the upgrade of Bab onshore field in Abu Dhabi, by CPECC.

Halliburton President and CEO Jeff Miller appointed as chairman of the board

Halliburton Company has announced its board of directors has appointed Jeff Miller, the company’s president and CEO, as chairman of the board, effective Jan. 1, 2019.

ONGC experts bring Cyclone Pethai hit drilling rig to India's offshore east coast

A team of experts mobilized by Oil and Natural Gas Corporation (ONGC) brought cyclone hit semi-submersible rig Olinda Star back to normal.

Eni reports Merakes East gas discovery, offshore Indonesia

Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, offshore Kalimantan, Indonesia.

Ampelmann inks two new contracts in Asia Pacific

Dutch multinational Ampelmann has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations.

Companies in the news

Michele Cowart, World Oil

Companies in the news

McDermott signs up Aqualis Offshore

Aqualis Offshore has entered into a master services agreement with McDermott Asia Pacific Sdn Bhd to provide engineering reviews and marine warranty services for the company’s offshore operations in the Asia Pacific region.

Oceaneering enhances global asset integrity capabilities

Oceaneering International, Inc. has announced that it has bolstered its expanding asset integrity business in Chandigarh, India with more capabilities.