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AsianOil’s coverage ranges from established oil and gas producers such as Australia, Indonesia, Malaysia, Thailand and Vietnam to the region’s major refining hubs of India, Singapore, South Korea and Japan and countries in between.
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Read a recent issue cover to cover (click the image below)
ConocoPhillips awards final equipment contracts for Barossa project
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.
Pertamina farms in to Southeast Jambi Block
Indonesia’s state-owned Pertamina has farmed in to a 27% stake in the Repsol-operated Southeast Jambi Block on Sumatra.
Uzma wins service contracts from Shell, Petronas
Malaysian service provider Uzma has won two new contracts from Royal Dutch Shell and state-owned Petronas worth a combined MYR136mn ($32.3mn).
CNPC brings 99% of production back online
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.
Pertamina to relocate Bontang refinery project
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).
Chinese gas demand growth slows in January
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.
Pakistan LNG considers terminating supply agreements
Pakistan LNG is reportedly considering cancelling two long-term LNG supply contracts to take advantage of low spot prices for the fuel.
OMV gears up for drilling campaign offshore NZ
APPEA backs return of conventional gas exploration to Victoria
The Australian Petroleum Production and Exploration Association (APPEA) has thrown its support behind the Victorian opposition’s call to lift the state’s ban on conventional onshore natural gas development.
Equinor ditches Great Australia Bight drilling plan
Norwegian developer Equinor has abandoned plans to explore offshore South Australia in the deep waters of the Great Australia Bight.
South Korea leans more heavily on US oil
South Korea’s imports of crude oil from the US more than doubled in 2019 as refiners sought to diversify their supply portfolios and 2020 is expected to follow a similar trend.
Coronavirus hampers Shandong teapots' efforts to secure credit
A number of independent refiners in China’s Shandong Province have had their credit lines suspended over concerns about shrinking fuel demand following the spread of the coronavirus.
PTTEP, Total awarded Omani block
Oman has awarded an exploration and production-sharing agreement (EPSA) for the onshore Block 12 to Thailand’s state-owned PTT Exploration and Production (PTTEP) and French major Total.
ONGC reportedly seeks Tapti exploration licence
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly applied for a 10-year exploration licence to the depleted Tapti natural gas field.
Zarubezhneft eyes Indonesian block
Three OPEC countries considering deeper output cuts
ONGC hires Belorusneft for EOR project
India’s state-run Oil and Natural Gas Corp. (ONGC) has hired a Belarusian oil and gas company to provide enhanced oil recovery (EOR) services at six of its mature oilfields.
KrisEnergy to exit Vietnamese block
Financially troubled Singaporean developer KrisEnergy continued to rationalise its upstream portfolio last week with the news that it had agreed to sell a block offshore Vietnam.
Australia assumes control over stranded FPSO
The Australian government has temporarily taken control of a stranded floating production, storage and offloading (FPSO) vessel in the western Timor Sea.
PEL brings Pakistani gas block on stream
Pakistani independent Petroleum Exploration Ltd (PEL) has started commercial production of natural gas from the onshore Badin IV South Block in Sindh Province, according to junior partner Jura Energy.
Petronas’s PFLNG Dua launches from South Korean yard
Malaysia’s state-owned Petronas has said its second floating liquefied natural gas (FLNG) unit – PFLNG Dua – is two weeks away from arriving at the deepwater Rotan gas field.
Pertamina plans Kepulauan Seribu exploration programme
Indonesia’s state-run Pertamina has said one of its subsidiaries will begin exploring for oil and gas in the offshore Kepulauan Seribu regency, which lies to the north of Jakarta, from March.
Petros takes control of Sarawak’s gas business
Malaysia’s state-owned Petronas has signed an agreement with the state of Sarawak that gives the local government control over local natural gas sales and distribution.
Further down the chain
Exmar’s troubles with Tango FLNG highlight the potential for coronavirus to cause trouble in every corner of the oil and gas industry.
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