South Asia
News
October 28, 2015
Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 32% decline in third-quarter sales as slumping oil prices overwhelmed a boost in production and a cut in spending.
News
October 13, 2015
Sri Lanka will issue a fresh international tender for offshore oil and gas blocks after billionaire Anil Agarwal’s Cairn India Ltd. relinquished its exploration rights in the South Asian island.
News
October 12, 2015
OMV has discovered gas in the Latif South-1 exploration well in Pakistan’s Latif exploration license, the company said Monday.
News
October 09, 2015
Cairn India Ltd., the nation’s biggest onshore oil driller, is targeting an 18% increase in output from its wells in the northern state of Rajasthan in January as it revives older fields in its largest producing block, according to company and government officials.
News
October 07, 2015
Recent reports by the International Energy Agency note that Canada will fail to have any LNG export projects up and running before 2020, paving the way for U.S. suppliers to dominate.
News
October 06, 2015
The worst commodity slump in a generation has a silver lining for India’s state-run energy explorer.
News
September 30, 2015
India reduced the price of locally produced natural gas by 18% for six months beginning Oct. 1, hurting producers including Oil & Natural Gas Corp., Oil India Ltd. and Reliance Industries Ltd.
News
September 24, 2015
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that the company has signed a multi-client acquisition agreement with the Directorate General of Hydrocarbons (DGH) in India.
News
September 10, 2015
Iran cut pricing for all its oil grades for sale to Asia next month, according to two people with knowledge of the decision, trimming the premium on its main Light crude over the comparable Saudi blend to the narrowest since the end of 2012.
News
September 04, 2015
OAO Rosneft will sell a stake in one of its largest oil-producing projects to ONGC Videsh Ltd., the overseas-investment arm of India’s biggest explorer, for $1.27 billion, people familiar with the plan said.
News
August 31, 2015
Keppel Offshore & Marine USA has completed acquisition of Cameron's offshore rigs business, which comprises the LETOURNEAU jackup rig designs, rig kit business, and aftermarket services for $100 million.
News
August 20, 2015
India’s Oil and Natural Gas Corp. is in discussions to take $535 million worth of crude in lieu of cash for its share of sales from a Venezuelan oilfield.
News
August 19, 2015
China National Offshore Oil Corporation (CNOOC) has signed two production sharing contracts (PSCs) with Roc Oil (China) Company (ROC) for Blocks 16/07 and 03/33 in the South China Sea.
News
August 14, 2015
Oil & Natural Gas Corp. is seeking through its overseas unit to buy a stake in Russia’s second-largest oil producing development from OAO Rosneft, according to two people with direct knowledge of the plan.
News
August 07, 2015
CGG GeoSoftware has donated its Hampson-Russell and Jason geophysical software suites, covering all aspects of reservoir characterization, to the Indian Institute of Technology Bhubaneswar (IIT BBS).
News
July 28, 2015
Asian oil buyers, already sucking in barrels from as far away as Alaska and Mexico, are anticipating more bargains when Iran finally returns to world markets.
News
July 21, 2015
Katalyst Data Management has acquired the Perth-based oil and gas data management division of SpectrumData Pty Ltd.
News
July 15, 2015
Keppel FELS has secured a contract from Crystal Heights to build a high specification liftboat worth $85 million.
News
July 13, 2015
Speculators retreated from bullish oil bets at the fastest pace since 2012 on mounting concern that economic turmoil in Europe and Asia will prolong a supply glut.
News
July 08, 2015
BG India achieved first oil production from Mukta-B (MB), a four-legged wellhead unmanned platform in the offshore Bombay basin, on July 1.
News
July 06, 2015
Bibby Offshore’s Asian division, Bibby Offshore Singapore (BOS), has expanded its foothold in the Southeast Asian oil and gas sector by securing a series of contracts in the first half of 2015.
