Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BHP Billiton believes Australia’s next big oil find - if there is one - could be hiding beneath the waters of the Beagle sub-basin off the coast of northwest Western Australia, where BHP has identified four leads, or prospects, in the sub-basin that each have the 'potential of over 400 million barrels recoverable'.
Thursday 10 September 2015
Australia: Holloman Energy to drill Baikal-1 well in PEL 444 before end 2015
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Holloman Energy has announced that drilling on PEL 444 is scheduled to commence before the end of 2015. The Company will drill the 'Baikal 1' prospect as the final commitment well under the second five year license term.
Holloman Energy has announced that drilling on PEL 444 is scheduled to commence before the end of 2015. The Company will drill the 'Baikal 1' prospect as the final commitment well under the second five year license term.
Indonesia: Cooper Energy completes Bunian-4 appraisal well in South Sumatra
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has completed operations at Bunian-4 in the Tangai-Sukananti KSO, South Sumatra, Indonesia. The drilling rig has been released having cased and completed the well for production.
Cooper Energy has completed operations at Bunian-4 in the Tangai-Sukananti KSO, South Sumatra, Indonesia. The drilling rig has been released having cased and completed the well for production.
Wednesday 9 September 2015
Armour Energy recommends shareholders reject takeover offer from China's Landbridge Group
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Directors of Armour Energy have provided an update on their consideration of the unsolicited, hostile and conditional takeover bid lodged by Westside Corporation (a subsidiary of China's Landbridge Group) of 12 cents per Armour share.
The Directors of Armour Energy have provided an update on their consideration of the unsolicited, hostile and conditional takeover bid lodged by Westside Corporation (a subsidiary of China's Landbridge Group) of 12 cents per Armour share.
Tuesday 8 September 2015
Australia: Buru Energy spuds Victory-1 well on the highly prospective Ungani trend
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has advised that its 2015 exploration program on the Ungani trend in WA’s Canning Basin has continued with the spudding of the Victory-1 conventional well, located in exploration permit EP 457.
Buru Energy has advised that its 2015 exploration program on the Ungani trend in WA’s Canning Basin has continued with the spudding of the Victory-1 conventional well, located in exploration permit EP 457.
Indonesia officially asks OPEC to reactivate its membership
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries to reactivate its full membership in the Organization.
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries to reactivate its full membership in the Organization.
Malaysia: Technip wins flexible pipe contract in offshore East Malaysia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali (PCSB) for the D18 Project, offshore Sarawak, Malaysia.
Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali (PCSB) for the D18 Project, offshore Sarawak, Malaysia.
Australia: AWE reports BassGas production exceeds 60 TJ/d as Yolla-5 comes on line
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, a 35% joint venture partner in the BassGas project, advises that the Yolla-5 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.
AWE Limited, a 35% joint venture partner in the BassGas project, advises that the Yolla-5 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.
Monday 7 September 2015
Australia: Falcon Oil & Gas provides update on Beetaloo Basin drilling programme - spuds Amungee-1
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Falcon Oil & Gas has announced the spudding of the Amungee NW-1 well in the Beetaloo Basin, Australia. Amungee NW-1 is the second of Falcon's fully carried 2015 three well drilling and evaluation programme, the initial phase of a nine well drilling and evaluation programme.
Falcon Oil & Gas has announced the spudding of the Amungee NW-1 well in the Beetaloo Basin, Australia. Amungee NW-1 is the second of Falcon's fully carried 2015 three well drilling and evaluation programme, the initial phase of a nine well drilling and evaluation programme.
Sunday 6 September 2015
Myanmar: Polarcus awarded broadband 3D project in Myanmar
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Polarcus has received a Letter of Award ('LOA') from Shell Myanmar Energy for a 3D marine seismic project offshore Myanmar.
Polarcus has received a Letter of Award ('LOA') from Shell Myanmar Energy for a 3D marine seismic project offshore Myanmar.
Indonesia: Ramba Energy to farm out Lemang PSC in Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Ramba Energy has entered into a memorandum of understanding with a strategic investor to farm-out a 25% working interest in the Lemang production sharing contract. Under the terms of the MoU, the aggregate consideration for the Proposed Transaction is up to US$128,250,000.
Ramba Energy has entered into a memorandum of understanding with a strategic investor to farm-out a 25% working interest in the Lemang production sharing contract. Under the terms of the MoU, the aggregate consideration for the Proposed Transaction is up to US$128,250,000.
Vietnam: Rosneft and Japan Drilling Co sign agreement for drilling exploration wells offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Rosneft and Japan Drilling Co have signed an agreement for the drilling of two exploration wells in Rosneft Blocks 06.1 and 05-3/11 in the Nam Con Son basin offshore Vietnam in 2016.
Rosneft and Japan Drilling Co have signed an agreement for the drilling of two exploration wells in Rosneft Blocks 06.1 and 05-3/11 in the Nam Con Son basin offshore Vietnam in 2016.
Thursday 3 September 2015
Indonesia to tender 21 oil and gas blocks in 2016
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia will tender a total of 21 oil and gas blocks in the country next year as part of efforts to boost output and secure future energy supply. The blocks to be offered up for open tender include existing oil and gas fields, shale gas blocks and coal bed methane (CBM) blocks.
Indonesia will tender a total of 21 oil and gas blocks in the country next year as part of efforts to boost output and secure future energy supply. The blocks to be offered up for open tender include existing oil and gas fields, shale gas blocks and coal bed methane (CBM) blocks.
Indian government to change oil and gas exploration rules - offers small fields
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill. To begin with, New Delhi has decided to auction 69 small, marginal oil and gas fields to private firms on a revenue-sharing model.
India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill. To begin with, New Delhi has decided to auction 69 small, marginal oil and gas fields to private firms on a revenue-sharing model.
Indonesia: INPEX submits revised plan of development for the Abadi LNG Project in the Masela Block, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
INPEX has submitted a revised plan of development for the Abadi gas field in the Masela Block, Arafura Sea, Indonesia (Abadi LNG Project), as a result of a greater volume of natural gas reserves being confirmed, among other factors.
INPEX has submitted a revised plan of development for the Abadi gas field in the Masela Block, Arafura Sea, Indonesia (Abadi LNG Project), as a result of a greater volume of natural gas reserves being confirmed, among other factors.
Wednesday 2 September 2015
Australia: Pilot Energy farms into Empire Oil & Gas Perth Basin permits EP416 and EP480
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Pilot Energy has announced that the Company has executed an agreement with Empire Oil & Gas to farmin to Empire’s EP416 and EP480 exploration permits, situated within the Perth Basin.
Pilot Energy has announced that the Company has executed an agreement with Empire Oil & Gas to farmin to Empire’s EP416 and EP480 exploration permits, situated within the Perth Basin.
New Zealand: Mosman Oil and Gas signs SPA to acquire NZ producing oil and gas assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AIM-listed Mosman Oil and Gas has executed a conditional sale and purchase agreement ('SPA') to acquire onshore NZ producing oil and gas assets for NZ$10 million (approx. £4.2 million).
AIM-listed Mosman Oil and Gas has executed a conditional sale and purchase agreement ('SPA') to acquire onshore NZ producing oil and gas assets for NZ$10 million (approx. £4.2 million).
Australia: Polarcus awarded broadband 3D project in Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Polarcus has signed a contract with an undisclosed client for a 3D marine seismic project in Australia utilizing Polarcus' XArray(TM) technique for broadband high cross line density data acquisition.
Polarcus has signed a contract with an undisclosed client for a 3D marine seismic project in Australia utilizing Polarcus' XArray(TM) technique for broadband high cross line density data acquisition.
Tuesday 1 September 2015
Philippines: Malampaya Depletion Compression Platform installation complete
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Arup has announced that installation is complete for the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea. Arup helped deliver the new platform that will ensure a steady supply of natural gas to the Philippines.
Arup has announced that installation is complete for the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea. Arup helped deliver the new platform that will ensure a steady supply of natural gas to the Philippines.
Australia: 3D Oil provides update on timing of the Hibiscus Petroleum-operated Sea Lion-1 well in VIC/P57
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner 3D Oil has advised that Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus, is expected to spud the Sea Lion-1 exploration well in mid-September, subject to weather conditions causing delays to the handover of the rig from the current operator.
JV partner 3D Oil has advised that Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus, is expected to spud the Sea Lion-1 exploration well in mid-September, subject to weather conditions causing delays to the handover of the rig from the current operator.
Thailand: BG puts its Thai gas field stake worth $1.2 billion on sale
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG Group, which is being acquired by Royal Dutch Shell, has put up for sale its 22.2 percent stake in the huge Thai Bongkot offshore gas field valued at around $1.2 billion, according to sources.
BG Group, which is being acquired by Royal Dutch Shell, has put up for sale its 22.2 percent stake in the huge Thai Bongkot offshore gas field valued at around $1.2 billion, according to sources.
Australia: Falcon Oil & Gas reports encouraging preliminary results from first Beetaloo well - Kalala S-1
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Falcon Oil & Gas has announced that drilling operations have successfully concluded on the Kalala S-1 well in the Beetaloo Basin. Results encountered are very encouraging, with shale gas net pay in excess of 150 metres.
Falcon Oil & Gas has announced that drilling operations have successfully concluded on the Kalala S-1 well in the Beetaloo Basin. Results encountered are very encouraging, with shale gas net pay in excess of 150 metres.
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