Thursday 30 July 2015

Japan: INPEX to undertake exploratory offshore drilling project in Japan

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

INPEX has been commissioned by the Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry (METI) of Japan to drill one exploratory well for the agency’s 'Heisei 26~28 Domestic Offshore Drilling Program in Japan'.

Philippines: Otto Energy farms down 10% interest in SC55 to Pryce Gases

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Otto Energy has signed a farm-in option agreement with Pryce Gases to earn a 10% working interest in SC55, offshore the Philippines. Following this farm-in, Otto will retain a participating interest of 68.18% in SC55.

Wednesday 29 July 2015

Australia: AWE reports Yolla-6 well begins production at BassGas

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

AWE Limited, a 35% joint venture partner in the BassGas project, has advised that the Yolla-6 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.

Tuesday 28 July 2015

Australia: AWE's Waitsia-2 appraisal well reaches total depth

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 reached TD of 3,530m MDRT. Elevated gas shows were observed in the primary target Kingia and High Cliff Sandstones as well as the Carynginia Shale and Irwin River Coal Measures.

Monday 27 July 2015

Malaysia: Technip awarded offshore brownfield and subsea tie-backs for PETRONAS FLNG1

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to KAKG-A platform in Kanowit field, located 200 kms offshore Bintulu, East Malaysia.

Sunday 26 July 2015

Australia: Cue Energy seeking farm-in partner for Ironbark Prospect in Western Australia permits WA-359-P & 409-P

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Cue Energy is seeking a farm-in partner to participate in the drilling of the Ironbark Prospect in Western Australia offshore permits WA-359-P and WA-409-P. The well will target an exciting new play type associated with the prolific gas-bearing Mungaroo formation.

Philippines: Red Emperor Resources farm-in to Otto Energy's Block SC55 receives approval

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Red Emperor Resources has received formal notification from the Department of Energy of the Philippines that approval for the assignment of the Company’s 15% working interest in Block SC55 has been granted.

China: ConocoPhillips halts Sichuan shale gas talks with PetroChina

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

ConocoPhillips has ended talks with PetroChina on a shale gas development in the country after a two-year study.

Philippines: Filipino fishermen remove Chinese buoys near disputed shoal, officials say

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Filipino fishermen found several buoys with Chinese markings near the disputed Scarborough Shoal and towed the devices back to shore northwest of the capital, Manila, Philippines officials said on Sunday.

Thursday 23 July 2015

Australia: AWE decides not to continue with Drover-1 exploration program in EP455, Perth Basin

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

AWE Limited, as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, advises that after consultation with JV partner, Titan Energy, it will not proceed with Phase 2 of the Drover-1 exploration program and will not hydraulically fracture stimulate the well.

China: Primeline secures rig for exploration drilling in Block 33/07 in the southern East China Sea basin

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Primeline Energy Holdings has signed a Letter of Intent ('LOI') for the drilling operations of the forthcoming exploration programme in Block 33/07 in the southern East China Sea basin.

China says Japan's East China Sea pictures provoke confrontation

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Japan's release of pictures of Chinese construction activity in the East China Sea will only provoke confrontation between the two countries and do nothing for efforts to promote dialogue, China's Foreign Ministry said.

Wednesday 22 July 2015

Australia: APPEA call to lift Victorian onshore gas exploration ban

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

The Australian Petroleum Production and Exploration Association (APPEA) says the Victorian government should immediately lift its onshore gas exploration ban, which it says is resulting in fewer jobs, slower growth and higher energy prices in the state.

Australia: Dolphin Geophysical commences seismic operations on large 3D Multi-Client campaign over NWS Australia

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

In cooperation with TGS and supported by major oil companies, Dolphin has mobilised its high capacity 3D vessel the Sanco Swift to acquire the North Carnarvon Basin survey covering both newly awarded licensed and open acreage.

India: Cairn Energy set to vote against Vedanta-Cairn India merger

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Britain's Cairn Energy is set to vote against Vedanta's $2.3 billion buyout offer for Cairn India's minority shareholders, the Financial Times said on Wednesday. Cairn's objections included 'fundamental disagreements over valuations'.

Tuesday 21 July 2015

China: CNOOC's Luda 10-1 oil field commences production

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

CNOOC Limited has announced that the Luda 10-1 comprehensive adjustment project has commenced production. The Luda 10-1 oil field is located in Liaodong Bay of Bohai.

Indonesia: Citic suspends Lofin-2 appraisal well in Seram (Non Bula) PSC

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

JV partner Lion Energy has advised that the Lofin-2 appraisal well has been suspended as a potential gas producer following a successful testing program in which the well flowed gas at approx. 17.8 mmcfpd with some water and minor condensate through a 52/64” choke.

Monday 20 July 2015

India: Oilex announces Cambay field production update

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Oilex has provided an update from the Cambay field subsequent to the commencement of gas sales from Cambay-73 into the low pressure network.

Australia: AWE provides update on Waitsia-2 appraisal well, Perth Basin

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 is at 3,152m MDRT and is preparing to cut core samples from one of the primary target formations, the Kingia Sandstone.

Sunday 19 July 2015

Australia: AWE reduces Yolla field reserves

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

AWE Limited has advised that the Operator of the BassGas Joint Venture in permit T/L1, Origin Energy, has provided a preliminary reassessment of reserves for the Yolla field based on new data obtained from the recently drilled Yolla-5 and Yolla-6 development wells.

Thursday 16 July 2015

Australia: Buru Energy announces start of commercial production at Ungani

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Buru Energy has advised that commercial oil production has commenced at its conventional Ungani oilfield in WA’s onshore Canning Basin. Production at Ungani, which is an equal joint venture between Buru Energy and Mitsubishi, is at an initial rate of 1,250 bopd.

Wednesday 15 July 2015

Timor Leste: Oilex receives notice of termination for JPDA 06-103

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Oilex, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area ('JPDA') 06-103 Production Sharing Contract has received a Notice of Termination and Demand for Payment from the Autoridade Nacional do Petroleo ('ANP').

Australia: Cooper Energy outlines potential Manta gas field development in Australia's Gippsland Basin

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Cooper Energy, Operator of VIC/L26, VIC/L27 and VIC/ L28 ('BMG Joint Venture') has announced that the Cooper Energy BMG Business Case analysis has been completed and the development of the Manta gas resource is technically feasible and a sound business opportunity.

New Zealand: MEO provides update on sale of Kea’s interest in PEP51153 (Puka)

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

MEO Australia has advised that shareholders of Kea Petroleum have approved the sale of its 70% interest in PEP51153 to Caliera Fund, a privately-owned New Zealand company. PEP51153, located in New Zealand’s onshore Taranaki basin, contains the Puka oil field (currently suspended) and the Shannon oil prospect.

Tuesday 14 July 2015

Australia: Falcon Oil & Gas announces spudding of Kalala S-1 well in the Beetaloo Basin

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Falcon Oil & Gas has announced the spudding of the Kalala S-1 well in the Beetaloo Basin, Australia. Kalala S-1 is the first of Falcon's fully funded and uncapped, 2015 three well drilling and evaluation programme in the Beetaloo Basin.

Vietnam: Petrovietnam boosts cooperation with Murphy Oil and ExxonMobil

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

The Viet Nam National Oil and Gas Group (Petrovietnam) and Murphy Oil Corp signed a memorandum of understanding (MoU) on July 8 to boost cooperation in oil and gas projects. Petrovietnam also met with ExxonMobil.

Australia: MEO Australia receives approval for AC/P53 work program variation

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

MEO reports that the Titles Administrator has approved AC/P53 variation of work program. The work program has been amended by advancing geotechnical studies from Permit Year 6 to Permit Year 5 and deferring an exploration well commitment from Permit Year 5 to Permit Year 6.

Malaysia: Petronas' Tembikai Chenang cluster achieves first oil

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Petronas has announced that the Tembikai field under the Tembikai-Chenang Cluster small field Risk Service Contract (RSC) recently achieved its first oil. The field is located offshore Peninsular Malaysia and is being developed and operated by Vestigo Petroleum, a unit of Petronas Carigali.

Monday 13 July 2015

Philippines: Nido reports contingent resources estimates for the mid-Galoc area of the Galoc field

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Nido Petroleum has provided the results of an independent contingent resources assessment of the mid-Galoc area of the Galoc oil field as at 30 June 2015, undertaken by Gaffney Cline and Associates (‘GCA’).

Australia/NZ: Mosman Oil and Gas announces operations update

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Mosman Oil and Gas, the New Zealand and Australia focused oil exploration and development company, has provided an update on current operations. The short term objective has been to minimise expenditure whilst staying on schedule for drilling at Murchison in New Zealand later this year.

Sunday 12 July 2015

Australia: BG Group ships first LNG from QCLNG Train 2 in Australia

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

BG Group, a world leader in exploration and LNG, has started up and loaded its first LNG from the second production train at the Queensland Curtis LNG (QCLNG) facility in Australia. The first LNG from Train 2 set sail on the Maran Gas Posidonia.

Sri Lanka to call bids to develop natural gas find

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Sri Lanka will call international bids to develop an off-shore natural gas deposit which is being abandoned by Cairn Energy, cabinet spokesman Rajitha Senaratne said.

Pakistan: Jura Energy provides update on Zarghun South and Guddu Blocks

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Jura Energy has provided an update on its operations in the Zarghun South and Guddu Blocks in Pakistan. Gas production has commenced at the Reti-2 well in the OGDCL-operated Guddu Block.

Thursday 9 July 2015

India: BG announces first oil from Mukta-B platform, offshore India

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

BG India achieved first oil production from the Mukta-B (MB), a 4 legged Wellhead Unmanned Platform in the offshore Bombay basin, on 1 July. BG has a 30% interest in the Panna-Mukta oil and gas fields alongside partners, ONGC and Reliance Industries.

Rosneft and Essar expand integrated cooperation

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Rosneft and Essar on Wednesday signed a long-term contract for oil supplies to the Vadinar refinery in India. The contract envisages total supplies of 100 mln tones of crude oil over a period of 10 years.

Wednesday 8 July 2015

PNG: Kina Petroleum provides update on Kina-1 well in PPL 337

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Kina Petroleum has provided an update on progress of the Kwila-1 exploration well in PPL 337, onshore Papua New Guinea. The well has intersected both the primary and secondary objectives.

Tuesday 7 July 2015

Australia: Oilex announces placement and rights issue to fund 2015/16 work programme

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Oilex has announced a two tranche placement and underwritten rights issue to raise US$23 million (A$30 million) to fund its work programme in India.

China to allow non-state firms to bid for Xinjiang oil blocks in trial

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

China will allow private domestic enterprises to bid for a handful of oil and gas blocks in the far-western region of Xinjiang, the Ministry of Land and Resources said on Tuesday, in an attempt to attracted diversified investment.

Monday 6 July 2015

Indonesia: ACL International acquires South Block A interest from Peak Oil & Gas

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

ACL International has acquired a 38.25% working interest in a Production Sharing Contract for South Block A located onshore, North Sumatra, Indonesia, from Peak Oil & Gas for an aggregate purchase price of A$800,000.

Australia: Oilex shares remain in ASX voluntary suspension ahead of proposed capital raising

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Oilex has announced that the securities of the Company continue in voluntary suspension on the Australian Securities Exchange ('ASX') pending the release of an announcement regarding the proposed capital raising.

Australia: Woodside awards FEED contract for Browse FLNG Development to OneSubsea

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Woodside has awarded OneSubsea, a Cameron and Schlumberger company, a front-end engineering and design (FEED) contract for the proposed Woodside-operated Browse FLNG Development offshore northwest Australia.

China: Triple Energy spuds CBM well in China's Heilongjiang province

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Australian company Triple Energy has spudded Niaoshan-1, the first of two CBM wells in the Bird Mountain area of Heilongjiang province in China. The well is located around 2 kms from the previous Xian Xian-1 well drilled by the Joint Venture in 2013.

Sunday 5 July 2015

Australian energy retailer AGL writes down coal-seam gas assets

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

AGL Energy, Australia's No. 2 energy retailer, said it will sell three coal-seam gas licences back to the government and write down the value of several more underperforming projects, cutting its net profit by $443 million.

Australia: Buru Energy granted production licences for Ungani oil field

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Buru Energy has advised that the Buru Energy/Mitsubishi Corp Joint Venture has been granted the production licences for it's Ungani oil field in WA’s Kimberley region.

Australia: Origin Energy's Yolla-5 development well reaches TD

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

AWE Limited has advised that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the Yolla-5 development well has reached TD after successfully intersecting the primary reservoir targets located in the Paleocene EVCM sands.

Indonesia expects Total to decide on Mahakam within days

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

French oil firm Total will decide how large a stake it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block within days, the country's energy minister said on Friday.

Friday 3 July 2015

Indonesia: Cooper Energy to drill Bunian-4 appraisal well, South Sumatra, Indonesia

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Cooper Energy has rescheduled its drilling plans for the Sukananti KSO, South Sumatra, Indonesia to prioritise the drilling of the Bunian-4 appraisal well, following analysis of the results of the successful Bunian-3 ST2 well.

Thursday 2 July 2015

Australia: Technip Samsung Consortium awarded contracts for the Browse FLNG project

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Technip Samsung Consortium was awarded two contracts by Shell for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside.

Australia: Karoon and Quadrant to drill Levitt-1 exploration well in WA-482-P, Carnarvon Basin

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Karoon Gas Australia reports that the Ocean America semi-submersible drilling rig is currently mobilising to location, with the Levitt-1 exploration well expected to spud during the first week of July.

PNG: Elk-Antelope joint venture selects LNG project sites

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

InterOil Corp and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea.

Wednesday 1 July 2015

Philippines: Otto Energy preparing to spud Hawkeye exploration well

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Otto Energy has isued Maersk Drilling with formal notice in respect of the mobilisation of the Maersk Venturer drill ship to the Hawkeye-1 exploration well location, offshore Philippines.