AsianOil - Asia Oil & Gas
State-owned China National Offshore Oil Corp. (CNOOC) is reportedly planning to hand control of its natural gas and power division to listed unit CNOOC Ltd.
Indonesia’s state-owned Pertamina has said it will increase its upstream investment in order to continue “aggressively” drilling wells.
Some of Asia’s biggest crude oil producers are preparing to respond to the past week’s crude oil price crash, triggered by Russia and Saudi Arabia’s inability to agree on production cuts as well as the coronavirus pandemic.
Uganda’s National Environment Management Authority (NEMA) has acknowledged CNOOC Uganda, a subsidiary of China National Offshore Oil Corp. (CNOOC), for its completion of a report on plans to develop the Kingfisher oilfield.
Nigeria’s federal government has pledged to provide a sovereign guarantee covering most of the costs of building the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline.
While India’s declining oil and gas production should spur the government to speed up effforts to attract fresh upstream investment, New Delhi has delayed the deadline for its latest licensing round by a month.
Australian independent Senex Energy has announced that following the completion of its Roma North drilling campaign the company is re-mobilising its rig to Project Atlas. Both projects are located in Queensland’s Surat Basin.
US super-major ConocoPhillips has awarded contracts for the supply and installation of subsea infrastructure at the Barossa natural gas and condensate project offshore Australia’s Northern Territory.
Indonesia’s state-owned Pertamina has farmed in to a 27% stake in the Repsol-operated Southeast Jambi Block on Sumatra.
Malaysian service provider Uzma has won two new contracts from Royal Dutch Shell and state-owned Petronas worth a combined MYR136mn ($32.3mn).
State-owned China National Petroleum Corp. (CNPC) has said it has brought its oil and gas production levels back to 99% of capacity, following the coronavirus (COVID-19) outbreak.
Indonesia’s state-run Pertamina has decided to relocate its $10-15bn refinery project from Bontang City in East Kalimantan Province following the end of its partnership with Oman’s Overseas Oil and Gas (OOG).
China’s apparent consumption of natural gas climbed by 3.4% year on year in January to 29.65bn cubic metres, the National Development and Reform Commission (NDRC) announced on February 28.