Malaysian oilfield services provider Dayang has won two contracts with the country's oil and gas giant Petronas.Dayang said Tuesday that the contracts were for the provision of integrated hook-up and commissioning (i-HUC) services for Petronas Carigali through Package B: SBA and Package D: SKO…
Spanish oil firm Repsol has hired Malaysia's Tanjung Offshore services for offshore work in Malaysia and Vietnam.Tanjung Offshore, a subsidiary of T7 Global, will provide maintenance, construction, and modification services at Repsol's PM3-CAA block located between Malaysia and Vietnam…
Malaysian oil and gas construction and services company THHE Fabricators is allowed to bid for Petronas' contracts again.Petronas blacklisted the THEE Fabricators from bidding as a contractor for its upstream oil and gas-related tenders after…
Russian offshore vessel owner Sovcomflot will keep Polarcus’ Vyacheslav Tikhonov seismic vessel contracted for longer than previously agreed.The marine seismic vessel owner Polarcus had in December 2019 said that Sovcomflot would redeliver it the vessel on January 15…
The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…
Oil prices edged higher on Tuesday as investors focused on the signing of a preliminary trade deal between the United States and China, the world's top oil consumers, and on expectations of a drawdown in U.S. crude oil inventories.However, price gains were capped by receding Middle East tensions…
Chinese oil company CNOOC plans to drill 227 exploration wells in 2020 and has set aside up to around $13,8 billion for capital expenditures, CNOOC's highest annual Capex since 2014, according to Reuters.CNOOC said Monday that its targeted net…
SapuraOMV, an E&P joint venture between Malaysia's Sapura and Austrian OMV, has started the first production from SK408 block, off Malaysia, bringing online the Larak gas field. The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014…
Oil giant Shell has made a decision to invest in the second phase of its Malikai deepwater development offshore Malaysia.In an announcement on Monday, Shell's Malaysian subsidiary Sabah Shell Petroleum Company, the operator of the Malikai Tension-Leg Platform (TLP) located offshore Sabah…
SOFEC said it has loaded out of the replacement turret for the floating storage and offloading unit (FSO) HYSY121 at the Lufeng field, in the South China Sea.The construction was completed at Penglai Jutal Offshore Engineering Heavy Industries Co…
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…
Independent oil and gas producer Jadestone Energy has won an arbitration case against Total regarding a dispute over an offshore block in the Philippines.Jadestone Energy, focused on the Asia Pacific region, said Thursday its subsidiary Mitra Energy had been awarded monetary damages…
For the first time, China will this year allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants, as Beijing looks to boost domestic energy supplies.The…
Oslo-listed marine seismic acquisition firm SeaBird Exploration has secured a letter of award for a survey in Asia.In a brief statement issued Thursday, Seabird kept details scarce. The company said the survey would begin at the end of Q1 and was expected to be completed in Q2 2020…
Offshore drilling giant Transocean has managed to secure new contracts and extensions for eight offshore drilling rigs since its last rig fleet status report issued in October 2019.'Since its last Fleet Status Report issued in October 2019, the company has secured an additional $352…