Asia Oil, Gas and Energy
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Asia Oil, Gas and Energy
A weekly snap shot of the issues affecting the energy industry within the Asia Pacific region
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McDermott, Ocean Installer End Alliance

McDermott, Ocean Installer End Alliance | Asia Oil, Gas and Energy | Scoop.it
McDermott and Ocean Installer reach a mutual agreement to dissolve the interim North Sea project-specific alliance the two companies entered into in December 2012.
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SBM Offshore Says Norwegian Platform is Safe

After meeting with Talisman Energy, SBM says it has no reason to change its view as to the safety of the Yme MOPU STOR platform.
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Poseidon campaign faces further delays

Poseidon campaign faces further delays | Asia Oil, Gas and Energy | Scoop.it
More blowout preventer strife has delayed drilling at the ConocoPhillips-operated Boreas-1 well in the Browse basin, off Western Australia.
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Dockwise takes court action against Fairstar bosses

Dockwise takes court action against Fairstar bosses | Asia Oil, Gas and Energy | Scoop.it
Dutch contractor Dockwise has taken a fresh commercial court case against Fairstar Heavy Transport seeking the replacement of Fairstar’s board and management.
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US opens up investment in Burma - Telegraph

US opens up investment in Burma  - Telegraph | Asia Oil, Gas and Energy | Scoop.it
The United States on Wednesday gave the green light to companies to invest in Burma including in oil and gas, in its broadest and most controversial easing yet of sanctions on the former pariah.
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Miclyn quits Saudi Aramco deal

Miclyn quits Saudi Aramco deal | Asia Oil, Gas and Energy | Scoop.it
Singapore-based Miclyn Express Offshore has withdrawn from its $33 million contracts with Saudi Aramco due to “issues surrounding their technical suitability for their intended application.”...
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Aker Solutions invests in Thailand

Aker Solutions invests in Thailand | Asia Oil, Gas and Energy | Scoop.it
Aker Solutions invests in Thailand OSLO International oil service group Aker Solutions continues its investments in Asia Pacific with a brand new lifecycle services workshop in Songkhla, in the Gulf of Thailand.
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Libya To Offer New Production-Sharing Contracts

Libya will offer new PSCs to international oil cos on improved terms to existing contracts, but this won't happen this year, said the country's Minister of Oil and Gas, Abdurahman Benyezza.
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Xcite Reaches TD at Bentley Well

Xcite Reaches TD at Bentley Well | Asia Oil, Gas and Energy | Scoop.it
Xcite Energy announced that the 9/3b-7z well has reached target depth at the Bentley Field.
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Despite TNK-BP Sale, BP Remains Committed to Russia

Despite TNK-BP Sale, BP Remains Committed to Russia | Asia Oil, Gas and Energy | Scoop.it
BP CEO Bob Dudley reiterated the firm's commitment to Russia at a presentation of BP's Statistical Review of World Energy 2012.
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Turkmenistan ups China exports

Turkmenistan ups China exports | Asia Oil, Gas and Energy | Scoop.it
Turkmenistan will increase the amount of natural gas it supplies to China through the Central Asia-China pipeline under a cooperation agreement signed last week.
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Empire bags Perth basin permit double

Empire bags Perth basin permit double | Asia Oil, Gas and Energy | Scoop.it
Australia-listed Empire Oil has been awarded two petroleum exploration permits in the Southern Perth basin, onshore Western Australia, for an initial period of six years.
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Brent holds steady ahead of Opec meeting

Brent holds steady ahead of Opec meeting | Asia Oil, Gas and Energy | Scoop.it
Brent crude held above $97 on Thursday, trading in a narrow range with investors reluctant to take positions ahead of the outcome of a meeting of producer group Opec and Greek elections.
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Petrobras surprises with $2.7bn profit

Petrobras surprises with $2.7bn profit | Asia Oil, Gas and Energy | Scoop.it
Brazilian giant Petrobras on Friday reported second-quarter profit of 6.20 billion reais ($2.71 billion), reversing a year-earlier loss that was its first negative result in 13 years.
Black Gold Asia's insight:

BRIC countries really starting to dominate, no? 

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Antonoil's Manpower Needs Rise with China's Natural Gas Demand Growth

Antonoil beefs up its manpower base to cope with China's growing appetite for natural gas.
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Planned Upgrade of the Offshore Yolla Platform Sees Delays

Origin delays upgrading plans for the Yolla platform sited offshore in the Bass Strait due to challenging weather conditions.
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Pemex looking overseas with new blueprint

Pemex looking overseas with new blueprint | Asia Oil, Gas and Energy | Scoop.it
The board of Pemex approved the company’s five-year business plan to expand its international presence, including buying US refineries.
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Pertamina joins Sonatrach in research MOU

Pertamina joins Sonatrach in research MOU | Asia Oil, Gas and Energy | Scoop.it
State-owned Indonesian company Pertamina has signed a research and development co-operation agreement with its Algerian equivalent, Sonatrach, the company has announced.
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AWE shrugs off Atlas

AWE shrugs off Atlas | Asia Oil, Gas and Energy | Scoop.it
AWE Energy has plugged and abandoned the Atlas-1 shallow-water exploration well in Indonesia’s East Java basin.
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BSEE Director Watson Visits Shell Arctic Rigs

As part of the Obama Admin.'s commitment to safe and responsible offshore energy exploration and development, BSEE Director Jim Watson visits the two drilling rigs that Shell has proposed using for exploration activities in the arctic this summer.
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IHS: Unconventional Gas Activity to Fuel Future U.S. Job Creation

IHS: Unconventional Gas Activity to Fuel Future U.S. Job Creation | Asia Oil, Gas and Energy | Scoop.it
The number of jobs supported by unconventional gas activity in the US will grow to nearly 1.5 million in 2015 and over 2.4 million jobs in 2035, according to a recent report by IHS.
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Petronas Shuts Offshore Drilling Platform after Fire

Petronas Shuts Offshore Drilling Platform after Fire | Asia Oil, Gas and Energy | Scoop.it
Petronas has stopped production at a drilling platform offshore the eastern state of Sarawak after a fire.
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Cairn Bids $645M for Nautical Petroleum

Cairn Bids $645M for Nautical Petroleum | Asia Oil, Gas and Energy | Scoop.it
Analysts welcome Cairn Energy's cash offer for Nautical, but will there be a counter offer?
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MMHE plans major yard spend

MMHE plans major yard spend | Asia Oil, Gas and Energy | Scoop.it
Malaysia Marine and Heavy Engineering Holdings will spend 1.9 billion ringgit ($596.7 million) on its yard optimisation programme over the next four years with the aim of increasing efficiency, the company has announced.
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Sunpower wins Jingbian contract

Sunpower wins Jingbian contract | Asia Oil, Gas and Energy | Scoop.it
China-based Sunpower Group has secured a 46.8 million yuan ($7.3 million) contract to provide flare systems for a coal-gas-oil integrated utility project at Jingbian county in China’s Shaanxi province.
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