Offshore Asia News - page 159

 

ALE completes Malikai load out

May 16, 2016

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 starts Indonesia appraisal well

May 16, 2016

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 in Q1 revenue increase

May 16, 2016

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 triples revenue, production

May 13, 2016

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 wins US$40 million Asia, Africa work

May 12, 2016

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 to auction 67 fields

May 11, 2016

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…

Petronas launches hull for PFLNG2

May 10, 2016

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,…

Icon bags Exxon vessel deal

May 09, 2016

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…

HHI's shrinking shipbuilding leads to layoffs

May 09, 2016

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…

AWE sells Bulu, eyes Ande Ande Lumut project

May 05, 2016

Australian explorer AWE has agreed to sell its 42.5% interest in the Bulu production sharing contract, offshore east Java, to a 100% owned subsidiary of HyOil for up to A$27.5 million (US$20.6 million), subject to Indonesian government approval and future development…

Mirach in Cambodian mire

May 04, 2016

Cambodia's Ministry of Mines and Energy has terminated a Petroleum Agreement for Block D, offshore Cambodia, with CPHL (Cambodia), with immediate effect, according to Mirach Energy, which owns 48% of CPHLC.  MME will hold Block D for…

A new lease on life

May 01, 2016

Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo.  At a recent conference in Aberdeen…

How deep is your well?

May 01, 2016

This year, the deepwater drilling record could be broken not just once, but twice, breaking the last record, set back in 2013. Elaine Maslin takes a look. Total’s Raya-1 well is due to be drilled offshore Uruguay using Maersk Oil’s ultra…

Let’s get deep

May 01, 2016

Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…

Survive to thrive

May 01, 2016

Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…

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