Woodside is considering development options on its two discoveries offshore Myanmar, as well as a 4-7 well drilling campaign next year, the firm said this morning. The plans, potentially involving tie-backs or even a standalone development…
Russia’s Novatek and Thailand’s PTT signed a memorandum of understanding (MOU) to cooperate and study potential joint opportunities in the exploration and production of hydrocarbons, the implementation of LNG projects, the supply of LNG and the development of LNG markets…
Drilling has commenced at Mubadala Petroleum's Sri Trang-1 exploration well in the Gulf of Thailand, using the Atwood Orca jackup. Sri Trang-1 is in the reservation area of the G1/48 concession, approximately 18km north northeast of the Manora oil development…
US supermajor Chevron will cut some 800 jobs in Thailand to keep in line with its plan to cut 4000 from the company this year, and its cost reduction efforts of US$500 million due to the downturn, according to news reports. Image from Chevron…
Rosneft and Vietnam's PetroVietnam have signed a cooperation agreement setting out the expansion of cooperation around oil and gas exploration, including offshore, between the parties in Russia, Vietnam and elsewhere. The agreement also covers processing…
WFS Technology has appointed Mike Theobald as project director for Australia and Southeast Asia. Theobald brings his knowledge and understanding of subsea control systems, as well as an insight into how best to use Seatooth products and technology…
ALE loaded-out the 27,500-tonne Malikai tension leg platform (TLP) at Malaysia Marine and Heavy Engineering (MMHE) West in Johor Darul Takzim, Malaysia. Load out operations of the Malikai TLP, from ALE…
Santos began drilling the AAL-4X appraisal well, offshore Indonesia using the PT Apexindo's Raniworo jackup. AAL-4X is located in the West Natuna basin in the Northwest Natuna license and sits in 72m water depth Santos is drilling…
Swiber Holdings reported a net loss of US$0.2 million for Q1 2016, in addition to a group revenue increase of $191.3 million due to South Asia projects. The offshore engineering, procurement, installation and construction (EPIC) company's…
KrisEnergy nearly tripled its revenue in Q1 2016 and more than doubled its production when compared to Q1 2015, due to two new fields that started production in the Gulf of Thailand. Image from KrisEnergy…
Ezra subsidiaries EMAS Offshore and EMAS Energy have secured new contract awards and letters of intent amounting to approximately US$40 million, including options, since the start of Q3 FY2016. EMAS Energy’s new contract award will see…
India will auction 67 small oil and gas fields on 25 May that will test some of the key policy changes introduced by the government in the upstream sector, local media The Economic Times reported. The fields previously held by ONGC and…
Malaysia’s Petronas has launched the hull for its second floating liquefied natural gas (LNG) facility, the Petronas Floating LNG2 (PFLNG2) at the Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea. Late last month,…
ExxonMobil E&P Malaysia has awarded Icon Offshore a US$10.4 million (RM42 million) contract for the provision of two straight supply vessels. The two-year deal commenced this month, and comes with a one-year extension option, the vessels…
Hyundai Heavy Industries (HHI) is spurring efforts to enhance its competitiveness by implementing intense management reform plans including the voluntary retirement of manager-level employees, the company announced today. “Along with the 25% cut of senior managers last month…
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