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.
Houston oil field service company Halliburton landed a contract to add cloud computing technology that will improve production at offshore rigs in Thailand.
Thailand is issuing more liquefied natural gas (LNG) import licences as it attempts to liberalise its gas market and position itself as a regional LNG trading hub.
Demand destruction and sustained oil prices below $40 per barrel mean Asia Pacific is bracing itself for a brutal wave of cost cutting that will see its reliance on imports rise as upstream investment is hit hard.
An offshore worker on a North Sea platform has been quarantined over concerns around the outbreak of the coronavirus.
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
A dog has been rescued by a drilling crew at an oil platform which lies 135 miles off the coast of Thailand.
Thai oil firm PTTEP has delayed making a decision on whether to develop its wholly-owned Mariana oil sands project in Canada.
Thailand based Mermaid Maritime’s south east asian business units have been awarded subsea contracts with an estimated value of $4.3 million.
Shell will divest two of its Thai subsidiaries to the Kuwait Foreign Petroleum Exploration Company for $900million (£720million).
BP has entered into a 20 year sales and purchase agreement for liquefied natural gas (LNG) with Thailand’s PTT.
Petrofac has extended its relationship with Mubadala Petroleum with the award of new and modified contracts related to the floating production, storage and offloading vessel (FPSO) in the Gulf of Thailand.
Engineering consultancy Optimus (Aberdeen) is winding down its operations in Thailand.
Lamprell said it has completed the construction of a jack-up rig and its delivery to Shelf Drilling.
Thailand-based offshore drilling firm Mermaid Maritime has appointed a new regional director.
Thai firm PTT Exploration and Production (PTTEP) has knocked $300million off its capital expenditure budget to offset the impact of lower oil prices, a news report said.
Thailand’s PTT Exploration and Production (PTTEP) plans to sell its Omani unit to a company based on the Arabian Peninsula as part of a rethink of its portfolio.
Amec Foster Wheeler said it has been awarded a Front End Engineering Design (FEED) contract by Thai Oil Public company for its clean fuel project at the Sriracha Refinery in Thailand.
Thailand plans to put up for auction petroleum concessions held by Chevron and PTT Exploration and Production, according to reports.
Chevron plans to lay off 800 staff this year in Thailand as it looks to cut $500 million in costs at the Thai business to weather the fall in global oil prices, the company said.
Tap Oil said drilling of the two development wells in the Northern Gulf of Thailand has now been completed.
Ophir Energy said it encountered oil after completing operations on a wildcat exploration well in the Gulf of Thailand, but it was below the threshold for economic viability.
Ophir Energy said it has launched its two-well exploration programme in Thailand after spudding of the first wildcat. The company said it had spudded the G4/50-10 exploration well on the Soy Siam prospect in the western Gulf of Thailand. The block partly surrounds Ophir's producing Bualuang oil field and spans a series of Tertiary aged sub-basins in the region.
Australian oil producer Tap Oil's $24.4million of exploration write downs has led to the company reporting a loss of $17.4million in its half year results.