South Asia
News
March 13, 2015
Texas LNG, a closely held company planning a $1.3 billion liquefied natural gas project in the U.S., has started talks with potential customers, targeting companies in Eastern Europe, Latin America and Asia.
News
March 11, 2015
Cairn Energy has instructed counsel to file a Notice of Dispute under the UK-India Investment Treaty in order to protect its legal position and shareholder interests having received a draft assessment order from the Indian Income Tax Department.
News
March 11, 2015
Nam Cheong Ltd, a global offshore marine player and an OSV builder, has sold two vessels worth approximately $58 million to two repeat customers.
News
March 05, 2015
Lamprell has announced the completion of construction on a further jackup rig, the Greatdrill Chaaru, and its delivery to Greatship Global Energy Services Pte. Ltd.
News
February 26, 2015
Technip has successfully installed the HRD process platform for Oil and Natural Gas Corporation Limited (ONGC), using its proprietary Unideck integrated topside float over installation system for the first time in Indian waters.
News
February 24, 2015
Slumping energy prices are crimping the ability of suppliers to finance new export terminals, giving small, highly-focused efforts the edge over the megaprojects the industry has favored for years.
News
February 22, 2015
Indian police said a dozen people have been arrested as they probe more oil company employees in a case involving the alleged sale of stolen government files.
News
February 19, 2015
NEW DELHI (Bloomberg) -- Police in India’s capital arrested five people for the alleged sale of stolen Oil Ministry documents to energy and consulting companies, in a night-time sting operation targeting crime close to the heart of government.
News
February 12, 2015
SINGAPORE -- Swiber Holdings has secured its second largest contract win in the group’s corporate history - an Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract worth approximately $310 million from a national oil company in South Asia.
News
February 11, 2015
Bibby Offshore Singapore has secured a contract with subsea service provider Seascape.
News
February 04, 2015
The fall in oil prices has set the tone for a challenging 2015, says Wood Mackenzie, which will affect E&P activity across Asia Pacific’s (APAC) entire upstream sector.
News
January 30, 2015
HOUSTON -- The oil and gas industry’s leading magazine for upstream technology and activity, World Oil, forecasts a sharp drop in drilling, both in the U.S. and internationally, as a direct result of plunging crude oil prices. In its 89th annual forecast and review, World Oil predicts an average WTI oil price of $55.75/barrel (bbl), while Brent will be $58.80/bbl. A Henry Hub natural gas price of $3.35/MMBtu is expected.
News
January 23, 2015
Tethys Petroleum’s wholly owned subsidiary, TethysAralGaz, has received permission from Kazakhstan' s Ministry of Energy to extend the Kyzyloi Gas Production Contract for another 15 years, from June 14, 2014, to Dec. 31, 2029.
News
January 19, 2015
YANTAI, China -- Jereh has successfully completed the construction of China’s first shale gas liquefaction plant in Sichuan, China, with a capacity of 2.47 MMcfd of LNG, the company has announced.
News
January 15, 2015
SINGAPORE -- Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured a contract from New Orient Marine, a subsidiary of Luxembourg-based Maritime Construction Services, for an ice-class multi-purpose vessel worth about $211.95 million (S$265 million).
Article
January 2015
Damn the oil prices, full speed ahead
News
January 13, 2015
SINGAPORE -- Ezra Holdings' wholly owned subsidiary London Marine Consultants (LMC), Ezra’s FPSO Turret Design outfit, has been awarded a contract by Sembcorp Marine’s subsidiary Jurong Shipyard of Singapore, to supply an external turret mooring system for the Libra field’s Extended Well Test (EWT) FPSO vessel.
News
January 12, 2015
HOUSTON -- Atwood Oceanics has announced that one of its subsidiaries has entered into an agreement to provide drilling services with the jackup rig Atwood Mako.
News
January 12, 2015
AHMEDABAD, India -- Woodside has executed a Memorandum of Understanding (MoU) with Adani Enterprises Ltd. The MoU was signed at a ceremony in Gujarat, attended by senior company representatives and Australia’s Minister for Trade and Investment.
News
January 07, 2015
LONDON (Bloomberg) -- The first tanker to ship LNG from BG Group Plc’s $20.4 billion project on Australia’s east coast is sailing to Singapore where it will dock Jan. 15. The Methane Rita Andrea, owned by the London-based company, is carrying a cargo that will help meet the annual 3 million metric tons of LNG that the Energy Market Authority, the regulator in the Asian city-state, agreed in 2008 to import over 10 years from BG.
News
January 07, 2015
PARIS -- CGG has completed processing of the Bade FALCON Airborne Gravity Gradiometer (AGG) multi-client survey it recently conducted within the Papua Foreland basin. CGG acquired over 28,000 sq km of FALCON AGG data over onshore PSC, JSA and open acreage in a highly underexplored region of West Papua along trend from multi-Tcf gas fields and recent oil discoveries in Papua New Guinea.
