Oil Price |
|
|
| Read our latest copy |
|
|
|
|
| Latest
Asia-Pacific
|
Fugro Commences Offshore Geotechnical Contract for ONGC India Jul 16, 2016Fugro is to commence a major programme of offshore geotechnical investigations under a contract awarded by Indian oil and gas company, ONGC.
New MOL Group Gas Discovery in TAL Block Jun 24, 2016MOL Group has announced a new gas discovery in the MOL-operated TAL Block, Pakistan. This marks the company’s 13th discovery in...
First Steel Cut on Maersk Oil’s Culzean Topsides Apr 8, 2016Fabrication of the billion dollar topsides destined for the Maersk Oil operated USD 4.5 billion UK North Sea megaproject, Culzean has begun.
BP and CNPC Sign Shale Gas Production Sharing Contract Apr 2, 2016BP and China National Petroleum Corporation (CNPC) have signed a production sharing contract (PSC) for shale gas exploration, development and production in...
Maligan Exploration Well Completed Mar 4, 2016Lundin Petroleum AB reports that its wholly owned subsidiary Lundin Malaysia BV has completed the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.
Swiber secures US$100 million EPIC contract Feb 29, 2016Swiber Holdings Limited has secured a contract worth about US$100 million to provide engineering, procurement, installation and construction (EPIC) services for a National Oil Company
|
|
Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
|
|
| More
Asia-Pacific
|
Platts JKM for March-delivered LNG down 28.2% year-over-yearFeb 29, 2016Prices of spot liquefied natural gas (LNG) for delivery to northeast Asia averaged $5.339 per million British thermal units (/MMBtu) for March, according to latest Platts Japan/Korea Marker
Black Platinum plans drilling for 2 East Natuna blocksFeb 26, 2016Black Platinum Energy Ltd. has plans to forge ahead with exploration and appraisal/development activities to prove up its shallow gas plays in East Natuna, offshore
Coastal Contracts Bhd secures US$44m for 8 VesselsFeb 26, 2016Malaysia’s Coastal Contracts Bhd through its wholly owned subsidiaries has collectively secured contracts for the sales of three units Offshore Support Vessels (OSV) and five units low-end vessels
MISC acquires 50 % stake in Gumusut-Kakap Semi-FPSFeb 26, 2016Malaysia International Shipping Company (MISC) has entered into a conditional share purchase agreement with E&P Venture Solutions Co Sdn. Bhd. (EPV) to acquire the remaining
Sri Lanka signs agreement with Total for two deepwater blocksFeb 25, 2016The Government of Sri Lanka has signed a Joint Study Agreement (JSA) on the 18th of February 2016 with French oil major Total, to explore two ultra-deep water blocks off the east coast of Sri Lanka. The objective of this study is to explore the two offshore blocks
MEO not to assume operatorship of NZ permit PEP51153Feb 25, 2016MEO Australia Limited has been advised by the liquidators of Kea Petroleum Limited (Kea) of the binding conditional sale of Kea’s 70 percent interest in onshore New Zealand exploration permit
iOG Solutions and eDrilling forms partnershipFeb 24, 2016iOG Solutions and eDrilling has formed a partnership aimed at better serving exploration & prodcution companies
Technip technology selected for gas cracking ethylene plant in ChinaFeb 24, 2016Technip has entered into a contract to supply its proprietary ethylene technology, Process Design Package, technical services
|
|
|
Jacobs helps deliver first gas for Chuandongbei ProjectFeb 24, 2016Jacobs Engineering Group Inc. has supplied technical services and technology that played a key role in enabling natural gas
Jura Energy makes potential gas discovery in Badin IV SouthFeb 24, 2016Jura Energy Corporation has made a potential gas discovery at the Aminah-1 exploration well in the Badin IV South block
Transerv Energy establishes natural flow at Warro-5Feb 24, 2016Transerv Energy says that Warro-6 is flowing gas naturally while Warro-5 continues to clean up with the aid of a jet pump.
Cape secures new contract in South KoreaFeb 23, 2016UK's Cape plc has secured a contract with Samsung Heavy Industries (SHI) in South Korea for the installation of insulation to the Cryogenic Pipework on the Process Topside on Shell’s
Optimarin secures nine vessel AHTS contract with SinopacificFeb 23, 2016Optimarin Ballast System (OBS) has been selected for nine Sinopacific Shipbuilding Group AHTS vessels. The contract win comes on the back of a recent ten unit order from Atlantis Tankers
Wood Group secures further design contract for GWF-2Feb 22, 2016Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system. The GWF-2 Project
SkyPower signs PPA to deliver 200 MW of solar energy projects in IndiaFeb 22, 2016SkyPower has signed four Power Purchase Agreements (PPA) with the Indian state of Telangana to build and operate a total of 200 megawatts (MW) AC of solar energy projects.
McDermott declares Date of Naming Ceremony for DLV 2000Feb 22, 2016McDermott International, Inc. has plans to conduct the naming ceremony for its new flagship derrick lay vessel, the DLV 2000, at Keppel’s Singmarine Shipyard in Singapore on Thursday, April 14, 2016.
MacGregor signs contracts to supply Pusnes loading systems to China’s Cosco Shipyard GroupFeb 22, 2016MacGregor, a unit of Cargotec Corp, reported that by combining well-proven Pusnes technology in bow loading and offloading systems, the company has helped to develop a solution that enables crude
iSURVEY Singapore awarded marine contract by Solstad OffshoreFeb 19, 2016iSURVEY Pte Ltd of Singapore has been awarded a marine construction support contract by Solstad Offshore Asia Pacific to provide positioning and survey support
Statoil agrees farm-in with OMV in New ZealandFeb 18, 2016Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand. The permit covers an area of 9,800 square kilometres in the East Coast Basin, and sits in water depths of 1,000-2,000 metres. OMV will remain the operator with 70% working interest. The transaction is subject to regulatory approval.
Nexif Energy acquires controlling interest in Vietnamese Hydro Power projectFeb 17, 2016Nexif Energy, a Southeast Asian independent power producer, has taken controlling interest in the 30 megawatt (MW) Coc San hydro power project in Vietnam through the acquisition of a majority ownership
|
|
|
|
|
|
