Offshore Asia News - page 164


Top projects by expense for 2016

Jan 01, 2016

No. 1 – Chevron’s Big Foot Chevron’s Big Foot platform being towed to Walker Ridge. Photo from Chevron. Coming in at No. 1 on Infield System’s list of highest capex projects for…

First cut is the deepest

Jan 01, 2016

OE reached out to analysts Wood Mackenzie and IHS Energy to find out the view on the next 12-18 months. And the outlook is not so great for exploration spend. Audrey Leon and Elaine Maslin report. Wood Mackenzie Image from iStock…

Petronas PFLNG1 construction at 95%

Dec 30, 2015

The Petronas floating LNG1 (PFLNG1) has reached a 95% overall progress in its construction and will come onstream in 2016, the company said. In late September, Petronas began lifting the first topside module for its PFLNG1 facility at…

DW: World LNG spend to reach $241 billion

Dec 22, 2015

Capital expenditure (Capex) on LNG facilities has risen substantially in recent years, mostly due to growth in the global economy which has been driving demand for natural gas. Douglas-Westwood (DW) forecasts that this trend is set to continue…

DOF Subsea bags Asia, North Sea work

Dec 21, 2015

DOF Subsea inked US$30.8 million (NOK 270 million) in IMR and subsea installation contracts in the Asia Pacific and Atlantic regions that will use the company’s subsea project fleet. Skandi Hercules…

McDermott JV wins Indian SURF work

Dec 21, 2015

McDermott International has announced that a consortium of McDermott and L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Indian conglomerate Larsen & Toubro, was awarded a contract covering the engineering, procurement, construction…

Triyards bags US$45.5 million in contracts

Dec 17, 2015

Triyards inked a string of contracts worth US$45.5 million. One of the newly minted contracts will see the group construct its scientific research vessel for new client Taiwan Ocean Research Institute, National Applied Research Laboratories (TORI)…

PGS claims seismic spread record

Dec 17, 2015

Norway-based geoscience firm PGS has laid claim to the industry's largest seismic spread, offshore Myanmar. The firm says its vessel, the Ramform Titan, working in the Bay of Bengal, is towing the industry’s first ever single vessel 18 streamer seismic operation…

Wood Group expands automation services to Asia

Dec 15, 2015

Wood Group is continuing to expand its Automation and Control business, establishing automation capabilities at Wood Group Mustang’s Kuala Lumpur office to serve the Asia Pacific market. With this entry into the Asia Pacific markets,…

KrisEnergy completes Mustika-1 off Thailand

Dec 14, 2015

KrisEnergy, an independent upstream oil and gas company, announces that it has completed drilling of the Mustika-1 exploration well in the Sakti production sharing contract (PSC) in the East Java Sea.   Image from KrisEnergy…

Seadrill, Chevron extend rig contracts

Dec 08, 2015

Seadrill Partners has secured one-year contract extensions for the T-15 and T-16 tender rigs with Chevron Thailand E&P.   The contracts will now expire in July and August 2019, respectively.  The total backlog of the two contract extensions is approximately US$80 million…

Lundin commences Imbok-1 drilling

Dec 07, 2015

Lundin Malaysia commenced drilling of the Imbok-1 exploration well in blocks SB307 and SB308, offshore East Malaysia. The Imbok prospect is in shallow water and lies to the east and south of two major producing fields in offshore East Malaysia…

KrisEnergy spuds Mustika-1

Dec 07, 2015

KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…

Socar continues search for missing workers

Dec 07, 2015

A search for missing oil workers continues in the Caspian Sea following a fire offshore Azerbaijan that started last week, on 4 December. Socar's West Azeri plaform. Image from Socar's Facebook…

CNOOC, Husky in South China Sea PSC

Dec 03, 2015

China National Offshore Oil (CNOOC) signed a production sharing contract (PSC) with Husky Oil Operations (China) for Block 15/33 in the South China Sea. Block 15/33 is located in the Pearl River Mouth Basin of the South China Sea. The…

Current News

First Gas Export to Denmark from Tyra II Expected Today

Vattenfall to Take Part in IJmuiden Ver Offshore Wind Tender in Netherlands

Beach Energy to Let Go 30% of Workforce Amid Strategic Review

Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services

Subscribe for OE Digital E‑News