Maersk Drilling secures £5.4m contract extension for drillship
Brunei Shell Petroleum Company has exercised an option for Maersk Viking to drill a deepwater exploration well.
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Prevention of corrosion, scaling and fouling
Novel injection, dispersion & mixing technology combats refinery corrosion
Indonesia plays hardball with Repsol over gas pricing
Repsol’s potential fast-track development of its Kali Berau Dalam (KBD) giant gas discovery in Indonesia is at risk as the company struggles to agree an attractive sales price with the government.
Maersk Drilling wins £6.7million contract with Brunei Shell Petroleum
Maersk Drilling has been awarded a $9million (£6.7m) exploration contract with Brunei Shell Petroleum Company.
Petronas’ Malaysia LNG supply faces headwinds
The Petronas-operated Bintulu LNG export complex, in the eastern Malaysian state of Sarawak, desperately needs new gas supplies to maintain its exports in the near-to-medium term, as legacy fields mature.
QP launches LNG trader, signs Singapore deal
Qatar Petroleum (QP) has launched a dedicated LNG trading arm, announcing a deal to supply gas to Singapore.
Trump’s Iran policy can be an opportunity for Biden
The next U.S. president will have to come to terms with “the will of the Iranian people” and end the economic war against the Islamic Republic, Iranian President Hassan Rouhani said in a speech Thursday. Bluster aside, there is a kernel of truth to his prediction — and President Donald Trump’s Iran policy may make negotiations easier for President-elect Joe Biden.
Philippines greenlights oil exploration in disputed sea without China
The Philippines said oil exploration in the disputed South China Sea can proceed without China, in what could be a further sign of the Southeast Asian nation’s tougher stance against Beijing.
Last topside module installed at Coral Sul FLNG
Mozambique’s $7 billion floating LNG (FLNG) project is on course for starting up production in 2022, Eni has said.
Total trims spending on price volatility
Total has no clear view on prices in 2021 and is taking a cautious stance on spending plans, the company’s CFO Jean-Pierre Sbraire said after the company published its third quarter results.
Two dead after vessel collides with platform in Petronas operated oil field
Petronas has said it is “deeply saddened” after a maintenance vessel crashed into a platform in the South China Sea, killing two people.
Chevron seeks bids for huge Thai decommissioning wave
Chevron is seeking contractors for a major retirement campaign across the Gulf of Thailand as the Southeast Asian nation braces for a huge wave of decommissioning.
Total delivers carbon offset LNG to CNOOC
Total has delivered its first cargo of carbon neutral LNG to China National Offshore Oil Corp.’s (CNOOC) Dapeng terminal.
Chevron signs Rokan deal as Indonesia exit looms
Indonesia is taking proactive steps in a bid to avoid a sharp drop in upstream production as state-backed Pertamina takes over more legacy assets from international oil companies (IOCs).
Philippines eyes first LNG imports in 2022 as Shell seeks exit
The Philippines is accelerating plans to import LNG, as Shell seeks to exit the country’s largest gas field, creating more uncertainty for the waning domestic upstream sector.
Gas faces narrower, shorter bridging role
Natural gas demand fell only 3% in 2020 as a result of COVID-19 but its future is looking bleaker, a new report from S&P Global has warned.
Aramco despatches blue ammonia to Japan
Saudi Aramco has sent 40 tonnes of blue ammonia to Japan, for use in zero-carbon power generation.
Petronas seeks investors to revive Malaysian upstream as majors exit
After reporting a $5 billion loss, Malaysian national oil company (NOC) Petronas is eager to see new money flow into its domestic upstream sector, especially as the majors, such as ExxonMobil, seek to exit the Southeast Asian nation.
Mubadala Petroleum eyes $2bn Southeast Asia sale
Mubadala Petroleum has put its Southeast Asia portfolio up for sale for $2 billion. The Abu Dhabi-based company will be following in the footsteps of ExxonMobil, Chevron, Shell, Murphy Oil, Hess, Repsol and Eni, all of which are looking to sell assets in the Asia region.
Eni discovery dents value of ExxonMobil’s Blue Whale in Vietnam
Eni’s recent gas discovery offshore Vietnam puts further pressure on ExxonMobil to reduce the value of its Blue Whale project as the U.S. major hunts buyers for what could be the country’s largest-ever gas development.
Equinor targets Japan’s emerging offshore wind sector
Equinor has teamed up with two of Japan’s leading energy firms as it looks to make inroads into the East Asian country’s expanding renewables sector.
East Timor rethinks flawed Greater Sunrise LNG plan
East Timor is reassessing its ambitious petroleum development plans, which include the Woodside Petroleum-operated Greater Sunrise project, after discovering the economic analysis behind its proposed schemes is inaccurate.
Tanker with 2 million barrels oil catches fire off Sri Lanka
An oil tanker loaded with two million barrels of Kuwati crude sailing toward India’s Paradip refinery caught fire Thursday morning off Sri Lanka’s coast, raising concerns about an oil spill.
Maersk Drilling secures £35m contract extension
Brunei Shell Petroleum has exercised a £35 million contract extension option for the Maersk Convincer jack-up rig for work offshore Brunei Darussalam.
Petronas to stoke Chinese fury as Transocean drills in South China Sea
Analysts are expecting a backlash from Beijing as Malaysian national oil company (NOC) Petronas prepares to drill in gas-rich Block SK 316 in the South China Sea off the eastern Malaysian state of Sarawak.