Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Woodside, as a participant in the Browse FLNG Development, has advised that agreement has been reached to enter the front-end engineering and design (FEED) phase for the proposed development.
Tuesday 30 June 2015
Indonesia: Eni signs LNG sale & purchase agreements with Pertamina for Jangkrik field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Eni, together with its partners ENGIE and Saka Energi Muara Bakau, signed two agreements with Pertamina (PERSERO) for the purchase and sale of LNG coming from Jangkrik Fields Development Project.
Eni, together with its partners ENGIE and Saka Energi Muara Bakau, signed two agreements with Pertamina (PERSERO) for the purchase and sale of LNG coming from Jangkrik Fields Development Project.
China: CNOOC's Bozhong 28/34 oilfields comprehensive adjustment project commences production
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited announced Tuesday that its Bozhong 28/34 oilfields comprehensive adjustment project has commenced production. The Bozhong 28/34 oilfields are located in Bohai.
CNOOC Limited announced Tuesday that its Bozhong 28/34 oilfields comprehensive adjustment project has commenced production. The Bozhong 28/34 oilfields are located in Bohai.
Sunday 28 June 2015
India: Oilex commences Cambay-73 gas sales
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced the commencement of gas sales from Cambay-73 into the low pressure local market near the Cambay Field. Average daily production from Cambay-73 is ~ 50.5 boepd including condensate.
Oilex has announced the commencement of gas sales from Cambay-73 into the low pressure local market near the Cambay Field. Average daily production from Cambay-73 is ~ 50.5 boepd including condensate.
Australia/US: New Standard Energy sells US and Cooper Basin assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
New Standard Energy has reached agreement with Sundance Energy for the sale to Sundance of New Standard’s United States and Cooper Basin assets for total consideration of approx. A$24M.
New Standard Energy has reached agreement with Sundance Energy for the sale to Sundance of New Standard’s United States and Cooper Basin assets for total consideration of approx. A$24M.
Australia: AWE spuds Waitsia-2 appraisal well in the Perth Basin, Western Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well has commenced drilling operations. The well is the last of a three well drilling program planned for the Perth Basin in 2015.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well has commenced drilling operations. The well is the last of a three well drilling program planned for the Perth Basin in 2015.
Friday 26 June 2015
Philippines: Red Emperor Resources announces fund raising to drill offshore Philippines
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Red Emperor Resources has announced an oversubscribed placing to raise £2.88 million (A$5.76m) before expenses. Proceeds from the raise and existing cash resources will principally be used to fund the upcoming drilling and potential appraisal activities in the Philippines
Red Emperor Resources has announced an oversubscribed placing to raise £2.88 million (A$5.76m) before expenses. Proceeds from the raise and existing cash resources will principally be used to fund the upcoming drilling and potential appraisal activities in the Philippines
Thursday 25 June 2015
New Zealand: Kea Petroleum announces disposal of assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kea Petroleum has announced the disposal of assets and new investment policy and a share reorganisation. The Company will also seek to lift the suspension of it New Ordinary Shares to trading on AIM.
Kea Petroleum has announced the disposal of assets and new investment policy and a share reorganisation. The Company will also seek to lift the suspension of it New Ordinary Shares to trading on AIM.
Japan: INPEX discovers new oil in Minami-Kuwayama oil field in Niigata Prefecture, Japan
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
NPEX announced earlier this week that it has discovered a new oil column at a depth of around 3,900m as a result of exploration drilling in the Minami-Kuwayama oil field in Niigata Prefecture.
NPEX announced earlier this week that it has discovered a new oil column at a depth of around 3,900m as a result of exploration drilling in the Minami-Kuwayama oil field in Niigata Prefecture.
Indonesia: Sefton Resources signs agreement to look for production assets in Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Sefton Resources has entered into a development agreement with UTAS Petroleum Services to explore a potential transaction involving producing oil and gas assets in Indonesia.
Sefton Resources has entered into a development agreement with UTAS Petroleum Services to explore a potential transaction involving producing oil and gas assets in Indonesia.
Australia: Buru Energy's Olympic-1 well in EP473 disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy reports that no significant hydrocarbons were encountered in the Olympic-1 well in EP473 and the well, which is the second well to be drilled as part of the Apache Onshore Holdings farm-in, is being plugged and abandoned.
Buru Energy reports that no significant hydrocarbons were encountered in the Olympic-1 well in EP473 and the well, which is the second well to be drilled as part of the Apache Onshore Holdings farm-in, is being plugged and abandoned.
Tuesday 23 June 2015
Australia: Woodside offered Browse retention lease renewals
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from the Commonwealth-Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum.
Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from the Commonwealth-Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum.
Monday 22 June 2015
Carlyle Group commits up to $500 million to Magna Energy with focus on oil and gas opportunities across South Asia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Carlyle Group has announced that it is committing an equity line up to $500 million in Magna Energy. Magna is targeting the building of acreage positions in the Indian Subcontinent, with the objective of creating a full-cycle oil & gas company through acquisitions and local licensing rounds.
The Carlyle Group has announced that it is committing an equity line up to $500 million in Magna Energy. Magna is targeting the building of acreage positions in the Indian Subcontinent, with the objective of creating a full-cycle oil & gas company through acquisitions and local licensing rounds.
PNG: Heritage Oil spuds Kwila-1 farm-in well in PPL 337
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Kina Petroleum has announced the spud of the Kwila-1 exploration well in PPL 337. Kwila-1 is operated by Heritage Oil under a farmout agreement between Heritage and KPL, whereby Heritage will carry KPL through the drilling and, if appropriate, testing of 2 wells.
JV partner Kina Petroleum has announced the spud of the Kwila-1 exploration well in PPL 337. Kwila-1 is operated by Heritage Oil under a farmout agreement between Heritage and KPL, whereby Heritage will carry KPL through the drilling and, if appropriate, testing of 2 wells.
Mongolia: Petro Matad announces status of Central Mongolia Blocks IV and V farmout and operational update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petro Matad has announced that the final condition to the farm-out of Central Mongolia Blocks IV and V becoming unconditional has been waived by BG Group. The farm-out has therefore achieved unconditional status.
Petro Matad has announced that the final condition to the farm-out of Central Mongolia Blocks IV and V becoming unconditional has been waived by BG Group. The farm-out has therefore achieved unconditional status.
Sunday 21 June 2015
Australia: TGS announces participation in Monument 3D survey offshore Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
TGS has announced its participation in the 2,500 km² Monuments 3D survey. The survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
TGS has announced its participation in the 2,500 km² Monuments 3D survey. The survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
Indonesia: NuEnergy Gas spuds CBM exploration well on the Rengat PSC, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
ASX-listed NuEnergy Gas has announced the commencement of drilling for the first exploratory well RE-CBM-01CE at the Rengat Production Sharing Contract tenement in Central Sumatra, Indonesia.
ASX-listed NuEnergy Gas has announced the commencement of drilling for the first exploratory well RE-CBM-01CE at the Rengat Production Sharing Contract tenement in Central Sumatra, Indonesia.
Friday 19 June 2015
Indonesia: Total and Inpex to share 30 pct stake in Indonesia's Mahakam gas block
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia will give Total a 30 percent stake in the offshore Mahakam oil and gas block to share with Japan's Inpex once the French major's operatorship of Indonesia's top gas producing field expires in December 2017, the country's energy minister said on Friday.
Indonesia will give Total a 30 percent stake in the offshore Mahakam oil and gas block to share with Japan's Inpex once the French major's operatorship of Indonesia's top gas producing field expires in December 2017, the country's energy minister said on Friday.
Thursday 18 June 2015
NEW
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Russia's Energy Minister Alexander Novak said on Thursday that Arctic offshore drilling planned for this year will be postponed until 2016 or later.
Russia's Energy Minister Alexander Novak said on Thursday that Arctic offshore drilling planned for this year will be postponed until 2016 or later.
Thailand: Mubadala Petroleum starts production at its third oil field in Thailand
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mubadala Petroleum has announced that production at its Nong Yao oil field, located in the southern Gulf of Thailand, commenced on 17 June. Production is expected to reach a peak rate of approx. 10,000 bopd as more production wells are completed.
Mubadala Petroleum has announced that production at its Nong Yao oil field, located in the southern Gulf of Thailand, commenced on 17 June. Production is expected to reach a peak rate of approx. 10,000 bopd as more production wells are completed.
Wednesday 17 June 2015
Vietnam: PetroVietnam acquires Chevron's Vietnam upstream assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Chevron has closed the sale of its stake in exploration blocks and a pipeline project in Vietnam to state-run PetroVietnam, for an undisclosed amount of money. The move represents Chevron's exit from Vietnam's upstream oil and gas sector, as the oil major trims its global portfolio.
Chevron has closed the sale of its stake in exploration blocks and a pipeline project in Vietnam to state-run PetroVietnam, for an undisclosed amount of money. The move represents Chevron's exit from Vietnam's upstream oil and gas sector, as the oil major trims its global portfolio.
Malaysia: Wood Group secures KPOC pipeline contract
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Wood Group Kenny will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia.
Wood Group Kenny will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia.
Malaysia: MEO Australia signs cooperation agreement with Brooke for Malaysia opportunities
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia and Malaysian based Brooke Dockyard & Engineering Work Corp have signed an agreement to form a consortium to cooperate to identify and jointly bid on oil and gas exploration and development opportunities within Sarawak and the whole of Malaysia.
MEO Australia and Malaysian based Brooke Dockyard & Engineering Work Corp have signed an agreement to form a consortium to cooperate to identify and jointly bid on oil and gas exploration and development opportunities within Sarawak and the whole of Malaysia.
Tuesday 16 June 2015
PNG: Papua New Guinea to reallocate around 20 energy licences - minister
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Papua New Guinea could reallocate as many as 20 of its energy licences, many of them in the upstream business with major players standing ready to snap them up, the country's minister of petroleum and energy said on Tuesday.
Papua New Guinea could reallocate as many as 20 of its energy licences, many of them in the upstream business with major players standing ready to snap them up, the country's minister of petroleum and energy said on Tuesday.
Monday 15 June 2015
Australia: AWE reports Waitsia-1 results confirm further upside potential in Waitsia gas field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE has advised that wireline log and pressure data from the Waitsia-1 appraisal well confirm a 95m gross gas column across three conventional reservoir intervals in the Waitsia field, confirming initial results from the discovery well (Senecio-3) and identifying substantial upside potential.
AWE has advised that wireline log and pressure data from the Waitsia-1 appraisal well confirm a 95m gross gas column across three conventional reservoir intervals in the Waitsia field, confirming initial results from the discovery well (Senecio-3) and identifying substantial upside potential.
PNG: InterOil spuds Triceratops-3 in PRL 39, Papua New Guinea
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp has started drilling the Triceratops-3 appraisal well in Petroleum Retention License 39 in the Gulf Province of Papua New Guinea. Triceratops-3 targets additional volumes north-west of previous appraisal wells and is a potential tie-back candidate to Elk-Antelope.
InterOil Corp has started drilling the Triceratops-3 appraisal well in Petroleum Retention License 39 in the Gulf Province of Papua New Guinea. Triceratops-3 targets additional volumes north-west of previous appraisal wells and is a potential tie-back candidate to Elk-Antelope.
Sunday 14 June 2015
Australia: Meo Australia announces Mosman takeover offer unsuccessful
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia notes that the offer by Mosman Oil and Gas to acquire all of the fully paid ordinary shares in MEO expired on 12th June 2015. Mosman’s offer, which was not recommended by the MEO Board, has been unsuccessful.
MEO Australia notes that the offer by Mosman Oil and Gas to acquire all of the fully paid ordinary shares in MEO expired on 12th June 2015. Mosman’s offer, which was not recommended by the MEO Board, has been unsuccessful.
India: Vedanta and Cairn India to merge
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Vedanta, Cairn India and Vedanta Resources have announced a merger between Vedanta and Cairn India, consolidating Vedanta's position as India’s leading diversified natural resources champion.
Vedanta, Cairn India and Vedanta Resources have announced a merger between Vedanta and Cairn India, consolidating Vedanta's position as India’s leading diversified natural resources champion.
Thursday 11 June 2015
Australia: IPB Petroleum granted extension to its WA-471-P exploration permit, offshore Browse Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
IPB Petroleum has advised that the Company’s application for a 12 month Suspension and Extension to the WA-471-P exploration permit work programme has been approved by the Commonwealth–Western Australia Joint Authority.
IPB Petroleum has advised that the Company’s application for a 12 month Suspension and Extension to the WA-471-P exploration permit work programme has been approved by the Commonwealth–Western Australia Joint Authority.
Australia: Buru Energy fails to encounter commercial hydrocarbons at Olympic-1 in EP473 - drilling ahead to secondary target
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has provided an update on drilling operations at the Olympic-1 well in EP473. Wireline log interpretation confirmed that there were no significant hydrocarbons in the Willara Formation, which was the primary objective.
Buru Energy has provided an update on drilling operations at the Olympic-1 well in EP473. Wireline log interpretation confirmed that there were no significant hydrocarbons in the Willara Formation, which was the primary objective.
Indonesia: Energy majors to reduce output in Indonesia in 2016 - regulator
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Global energy companies are expected to continue to reduce oil and gas production in Indonesia in 2016, the country's upstream energy regulator (SKKMigas) said on Thursday, as Southeast Asia's largest economy increasingly turns to imports to feed escalating fuel demand.
Global energy companies are expected to continue to reduce oil and gas production in Indonesia in 2016, the country's upstream energy regulator (SKKMigas) said on Thursday, as Southeast Asia's largest economy increasingly turns to imports to feed escalating fuel demand.
China: CNOOC Ltd starts production at Dongfang 1-1 gas field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited has announced that the Dongfang 1-1 gas field Phase I adjustment project has commenced production ahead of schedule. The Dongfang 1-1 gas field is located in Yinggehai Basin of the Beibu Gulf in the South China Sea.
CNOOC Limited has announced that the Dongfang 1-1 gas field Phase I adjustment project has commenced production ahead of schedule. The Dongfang 1-1 gas field is located in Yinggehai Basin of the Beibu Gulf in the South China Sea.
Australia: Drillsearch announces new discovery at Moonanga South-1 in JV with Santos
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Drillsearch Energy reports that the Wet Gas joint venture with Santos in the Western Wet Gas Fairway successfully drilled the eighth and final well of the FY2015 campaign, with Moonanga South-1 becoming the joint venture’s seventh discovery of the financial year.
Drillsearch Energy reports that the Wet Gas joint venture with Santos in the Western Wet Gas Fairway successfully drilled the eighth and final well of the FY2015 campaign, with Moonanga South-1 becoming the joint venture’s seventh discovery of the financial year.
Wednesday 10 June 2015
Mongolia: Petro Matad receives approval for farmout of Blocks IV and V in Central Mongolia to BG Group
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petro Matad has announced that the Government of Mongolia has formally approved the farmout of a portion of Petro Matad's participating interests in Blocks IV and V in Central Mongolia to BG Group.
Petro Matad has announced that the Government of Mongolia has formally approved the farmout of a portion of Petro Matad's participating interests in Blocks IV and V in Central Mongolia to BG Group.
Chinese NOCs considering all options amid gas supply glut - Wood Mackenzie
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Just 12 months ago, the Chinese gas market looked set to continue its relentless pace of growth, which averaged over 15% annually during the previous decade. However, due to a range of underlying factors, demand growth for 2014 reached just over 5%.
Just 12 months ago, the Chinese gas market looked set to continue its relentless pace of growth, which averaged over 15% annually during the previous decade. However, due to a range of underlying factors, demand growth for 2014 reached just over 5%.
PNG: InterOil resumes drilling at Wahoo in PPL 474
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp has resumed drilling at Wahoo with the Wahoo-1 side-track exploration well in Petroleum Prospecting License 474 in the Gulf Province of Papua New Guinea. The well is the follow-up to Wahoo-1 which was suspended in July 2014 due to higher-than-expected pressures.
InterOil Corp has resumed drilling at Wahoo with the Wahoo-1 side-track exploration well in Petroleum Prospecting License 474 in the Gulf Province of Papua New Guinea. The well is the follow-up to Wahoo-1 which was suspended in July 2014 due to higher-than-expected pressures.
Tuesday 9 June 2015
China: Antonoil wins bid for tight oil development services in China
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Anton Oilfield Services Group, the leading independent oilfield services provider in China, has won a bid for the provision of tight oil development services covering horizontal well drilling and fracturing integration for two well projects in northwestern China.
Anton Oilfield Services Group, the leading independent oilfield services provider in China, has won a bid for the provision of tight oil development services covering horizontal well drilling and fracturing integration for two well projects in northwestern China.
Monday 8 June 2015
Philippines: Kairiki Energy provides update on sale of Philippines assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kairiki Energy has advised that it has terminated the binding term sheet with Focus Oil and Gas for the disposal of its entire interest in the share capital of Yilgarn Petroleum Philippines due to the non-satisfaction of conditions precedent.
Kairiki Energy has advised that it has terminated the binding term sheet with Focus Oil and Gas for the disposal of its entire interest in the share capital of Yilgarn Petroleum Philippines due to the non-satisfaction of conditions precedent.
Australia: Carnarvon Petroleum provides update on Phoenix Area exploration plans
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Carnarvon Petroleum has provided an update on work being undertaken and planned in the WA-435-P, WA-436-P, WA-437-P and WA-438-P exploration permits, collectively referred to as 'the Phoenix Blocks', located in the North West Shelf of Western Australia.
JV partner Carnarvon Petroleum has provided an update on work being undertaken and planned in the WA-435-P, WA-436-P, WA-437-P and WA-438-P exploration permits, collectively referred to as 'the Phoenix Blocks', located in the North West Shelf of Western Australia.
Australia: Key Petroleum's Dunnart-2 well test disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, Operator of EP437, has announced that testing operations have been completed. No commercial hydrocarbons flowed to surface and as a consequence the well has been decommissioned.
Key Petroleum, Operator of EP437, has announced that testing operations have been completed. No commercial hydrocarbons flowed to surface and as a consequence the well has been decommissioned.
Sunday 7 June 2015
India: Oilex announces completion of Cambay-73 pipeline and pre-commissioning
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced that the laying of the pipeline has been completed, with tie in to the production facilities expected to be completed shortly. The Cambay-73 oil and gas production facilities have finished pre-commissioning and are now ready for commissioning and start-up.
Oilex has announced that the laying of the pipeline has been completed, with tie in to the production facilities expected to be completed shortly. The Cambay-73 oil and gas production facilities have finished pre-commissioning and are now ready for commissioning and start-up.
Vietnam: Mitra Energy commences 3D seismic acquisition in Block 127, offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mitra Energy has commenced 3D seismic survey acquisition operations in the Block 127 PSC area, offshore Vietnam. The 3D seismic survey will fulfil the PSC Exploration Phase One extension 3D seismic survey acquisition commitment of 500 full-fold sq kms.
Mitra Energy has commenced 3D seismic survey acquisition operations in the Block 127 PSC area, offshore Vietnam. The 3D seismic survey will fulfil the PSC Exploration Phase One extension 3D seismic survey acquisition commitment of 500 full-fold sq kms.
Australia: AWE provides Waitsia-1 appraisal well drilling update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advised Friday that the Waitsia-1 appraisal well was at 3,367m MDRT and was completing coring operations before drilling ahead to the planned TD of 4,050m. Two sections of core were cut in the primary target, the Kingia and High Cliff Sandstones.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advised Friday that the Waitsia-1 appraisal well was at 3,367m MDRT and was completing coring operations before drilling ahead to the planned TD of 4,050m. Two sections of core were cut in the primary target, the Kingia and High Cliff Sandstones.
Australia: Apache completes sale of Australian operations
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Apache Corp announced Friday it has completed the previously disclosed sale of its Australian subsidiary Apache Energy to a consortium of private equity funds. Total proceeds of $1.9 billion are net of $225 million in customary, post-closing adjustments.
Apache Corp announced Friday it has completed the previously disclosed sale of its Australian subsidiary Apache Energy to a consortium of private equity funds. Total proceeds of $1.9 billion are net of $225 million in customary, post-closing adjustments.
Friday 5 June 2015
Indonesia: Northcote Energy announces strategic Relationship to examine Indonesian oil and gas opportunities
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AIM-listed Northcote Energy has added to its portfolio of high impact interests through entering into a Participation Agreement and equity investment in CEB Resources, the AIM listed investment vehicle focused on resource opportunities.
AIM-listed Northcote Energy has added to its portfolio of high impact interests through entering into a Participation Agreement and equity investment in CEB Resources, the AIM listed investment vehicle focused on resource opportunities.
Thursday 4 June 2015
Indonesia hopes to rejoin OPEC by year-end
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia hopes to rejoin OPEC by the oil producer group's next meeting in around six months' time, Energy Minister Sudirman Said said on Thursday.
Indonesia hopes to rejoin OPEC by the oil producer group's next meeting in around six months' time, Energy Minister Sudirman Said said on Thursday.
Australia: Galilee to acquire 100% of ATP 529P in deal with AGL Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Galilee Energy has announced that AGL Energy has agreed to transfer its 50% interest in ATP 529P to Galilee. The permit contains the Glenaras coal seeam gas project.
Galilee Energy has announced that AGL Energy has agreed to transfer its 50% interest in ATP 529P to Galilee. The permit contains the Glenaras coal seeam gas project.
PNG: Kina Petroleum's Raintree-1 well in PPL 337 disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kina Petroleum has drilled the Raintree-1 well in PPL 337 to a TD of 1,150 metres. Logging has confirmed that the objective section contains volcanic/igneous formations and does not host hydrocarbons.
Kina Petroleum has drilled the Raintree-1 well in PPL 337 to a TD of 1,150 metres. Logging has confirmed that the objective section contains volcanic/igneous formations and does not host hydrocarbons.
Wednesday 3 June 2015
Australia: Central Petroleum acquires 50% of Mereenie oil and gas field and operatorship from Santos
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Central Petroleum has agreed to acquire to acquire a 50% interest in the Mereenie oil & gas field from Santos and assume Operatorship of the field in the Northern Territory’s Amadeus Basin.
Central Petroleum has agreed to acquire to acquire a 50% interest in the Mereenie oil & gas field from Santos and assume Operatorship of the field in the Northern Territory’s Amadeus Basin.
India: Mercator Petroleum makes oil discovery with first well in Cambay Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mercator Petroleum has made its first oil discovery with the Jyoti-1 well in the Cambay Basin. The well was the first well drilled by Mercator and was located in block CB-ONN-2005/9.
Mercator Petroleum has made its first oil discovery with the Jyoti-1 well in the Cambay Basin. The well was the first well drilled by Mercator and was located in block CB-ONN-2005/9.
Australia: Norwest Energy in strategic alliance with Rey Resources to explore for strategic opportunities over Perth Basin assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Norwest Energy has formed a strategic alliance with Rey Resources to investigate opportunities to further develop the interests held by Norwest in the northern Perth Basin.
Norwest Energy has formed a strategic alliance with Rey Resources to investigate opportunities to further develop the interests held by Norwest in the northern Perth Basin.
Australia: BG Group completes sale of QCLNG pipeline
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG Group, a world leader in exploration and LNG, has completed the sale of its wholly-owned 543 km pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas (QCLNG) export facility to APA Group.
BG Group, a world leader in exploration and LNG, has completed the sale of its wholly-owned 543 km pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas (QCLNG) export facility to APA Group.
Cambodia: Mirach signs agreement with Landocean to explore Cambodia Offshore Block D
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mirach Energy’s associated company, CPHL Cambodia (CPHLC) has signed a Project Cooperation Agreement for Cambodia Offshore Block D with two subsidiaries of Shenzhen-listed Landocean Energy Services.
Mirach Energy’s associated company, CPHL Cambodia (CPHLC) has signed a Project Cooperation Agreement for Cambodia Offshore Block D with two subsidiaries of Shenzhen-listed Landocean Energy Services.
Tuesday 2 June 2015
Australia: Key Petroleum commences Dunnart-2 completion operations
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, operator of EP437, has announced that all equipment has now arrived at the Dunnart-2 site and BOP testing has been completed. Conditioning of the hole and completion operations are expected to take place over the next few days prior to commencement of the testing phase.
Key Petroleum, operator of EP437, has announced that all equipment has now arrived at the Dunnart-2 site and BOP testing has been completed. Conditioning of the hole and completion operations are expected to take place over the next few days prior to commencement of the testing phase.
Australia: Rey Resources completes acquisition of 50% interest in the Derby Block and initiates JV with Oil Basins
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Rey Resources has completed the acquisition of a 50% participating interest in EP487 ('the Derby Block') from Backreef Oil. The Company has also entered into a JOA with Oil Basins, holder of the remaining 50% interest, for the operation of exploration programmes on the Derby Block, located in the Canning Basin of Western Australia.
Rey Resources has completed the acquisition of a 50% participating interest in EP487 ('the Derby Block') from Backreef Oil. The Company has also entered into a JOA with Oil Basins, holder of the remaining 50% interest, for the operation of exploration programmes on the Derby Block, located in the Canning Basin of Western Australia.
Australia: IPB Petroleum provides update on proposed WA-424-P farmout
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
IPB Petroleum introduced its upcoming WA-424-P farmout to industry participants at the PESA deal day at the APPEA conference in May. As part of a farmout process IPB will be seeking to obtain a carried interest in the drilling of an exploration well on the Idris Prospect.
IPB Petroleum introduced its upcoming WA-424-P farmout to industry participants at the PESA deal day at the APPEA conference in May. As part of a farmout process IPB will be seeking to obtain a carried interest in the drilling of an exploration well on the Idris Prospect.
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