Transocean is to scrap two idle rigs and has idled three others as contracts have been dropped, while others have been extended. The floaters M.G. Hulme, Jr. and GSF Rig 140 were classified as held for sale. Transocean says these rigs will be recycled…
Australia's Woodside says the Scarborough project could move into front end engineering and design in 2017, with a final investment decision by 2020. Woodside acquired a stake in the ExxonMobil-operated license, containing the Scarborough field…
Woodside Petroleum is preparing for its Myanmar drilling campaign as soon as next year, after identifying 2.4 Tcf of gas in the area earlier this year. Coleman. Image from Woodside. “Our…
Singapore-based Swiber secured three new contracts worth a total of US$215 million for separate projects in the Middle East and Southeast Asia regions. Swiber was awarded an engineering, procurement, construction and installation (EPCI)…
Dr. Lena Wilson, chief executive of Scottish Enterprise and chair of Scotland’s Energy Jobs Taskforce, is leading the first ever delegation of Scottish companies to Myanmar in a bid to identify trade, investment and collaboration opportunities in the market…
Woodside Energy and partner Daewoo International have started drilling their latest exploration well offshore Myanmar just weeks after announcing a gas discovery in the region. The latest well, the Thalin-1 well in Block AD-7, was spudded 20 January…
It's what just a few years ago was seen as possibly one of the most unlikely places for a battle over who could tow the largest seismic spread. However, just that is underway offshore Myanmar, or Burma, which has come under exploration…
Woodside Energy has made a gas discovery offshore Myanmar giving hope to the string of majors who entered the country following its emergence from sanction driven isolation. Woodside made the discovery on the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin…
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…
Two seismic acquisition campaigns are due to start offshore Myanmar in coming weeks according to reports of a notice in state media from the country. UK-based BG Group and Australia’s Woodside Energy will both start 3D campaigns later this month using the Ramform Sovereign and Ramform Titan…
Australian oil and gas explorer Tap Oil announced its entry into Myanmar to explore reserves in the shallow water areas in the Moattama basin. Tap, along with its joint venture partners, will explore the 13,000sq km Block M-7 located 160km east of the 6…
Offshore assets in the South China Sea are ripe for further development, but territorial challenges are common. Focusing on Vietnam, Jeannie Stell talks to Quynh Anh, partner at Mayer Brown, for an overview of the political conditions, contract…
French vessel operator Bourbon confirmed that three Nigerian crew members were kidnapped off one of its crew boats, the Surfer 1440, offshore Nigeria. Image from Bourbon. In a statement…
Bibby Offshore’s Asian division, Bibby Offshore Singapore (BOS), secured a contract with the Moattama Gas Transportation Co. (MGTC) to provide remote operated vehicle (ROV) pipeline inspection, remedial work and associated project management on its Southeast Asia asset offshore Myanmar…
Ophir Energy signed a production sharing contract (PSC) with the Myanmar Ministry of Energy to finalize the award of Block AD-03, offshore Myanmar. Upon the terms of the agreement, Ophir will be the operator with a 95% interest in the 10…
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