South Asia
News
April 29, 2015
Ophir Energy has completed the acquisition of four deepwater Production Sharing Contracts (PSCs) in Indonesia from Niko Resources .
News
April 16, 2015
India’s Oil & Natural Gas Corp., grappling with aging fields, is prepared to sacrifice profits by retaining a plan to pump 11 trillion rupees ($176 billion) into a search for reserves despite the slump in crude.
News
April 15, 2015
Swiber Holdings has secured a $133 million contract, the third major award in India in the last three months, for engineering, procurement, installation and construction (EPIC) services in India.
News
April 14, 2015
Yemen halted output and exports from the country’s sole LNG plant as fighting in the area worsens.
News
April 06, 2015
Niko Resources has received an independent resources evaluation report for the MJ Discovery in the D6 Block in India from Deloitte, an independent petroleum engineering firm. The report quantifies the discovery at 1.4 Tcfe.
News
March 30, 2015
Aqualis Offshore, part of Oslo-listed Aqualis ASA, has completed the marine warranty services for the dry transportation of the Valiant Driller jackup from Indonesia to India, where it will operate for ONGC.
News
March 27, 2015
Total and DNO said they continue to pump oil and natural gas in Yemen after Saudi Arabia and its allies bombed rebel targets in the nation.
News
March 17, 2015
KrisEnergy Ltd. has announced that the Key Gibraltar jack-up rig has commenced drilling of the Rossukon-2 exploration well in G6/48 in the Gulf of Thailand, where the Rossukon oil accumulation was discovered in 2009.
News
March 13, 2015
China and India are set to fill up their strategic petroleum reserves this year, taking advantage of lower oil prices, according to the International Energy Agency.
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.
