KrisEnergy’s Vietnam farm-out deal delayed again
Southeast Asia-focused upstream player KrisEnergy has yet again delayed the completion date of the proposed farm-out of its entire interest in Block 115/09 offshore Vietnam.
Australia’s Bass Oil ramps up Indonesia drilling
Australian-listed producer Bass Oil is planning new development drilling at its onshore oilfields in south Sumatra as it seeks to double its output in Indonesia over 2022.
Japanese partners eye Indonesian blue ammonia production
Japanese trading house Mitsubishi and state-owned energy agency Jogmec are exploring potential blue ammonia output with Indonesian producer Panca Amara Utama (PAU).
Ex-Petronas head takes helm of Sapura Energy
Petronas’ former upstream head Anuar Taib will take over the running of Malaysian upstream player and leading offshore fabricator Sapura Energy as chief executive.
Santos hands out FPSO deal for $3.6bn Barossa LNG scheme
Australia’s Santos has awarded the biggest contract tied to its $3.6 billion Barossa liquefied natural gas (LNG) project in northern Australia that will backfill Darwin LNG. This offers a strong signal that a final approval for the scheme is imminent.
Total to supply LNG to China’s Shenergy under new deal
Total is set to supply of up to 1.4 million tonnes per year (mtpy) of liquefied natural gas (LNG) to China’s Shenergy Group for a 20-year term. The pair will also form a joint venture to expand LNG marketing in China.
Qatar signs first long-term LNG deal with China’s Sinopec
Qatar Petroleum will supply China’s Sinopec with 2 million tonnes per year of LNG for a ten-year term.
Petronas hires rigs for Malaysian drilling campaign
Malaysia’s national upstream company Petronas Carigali has hired two jack-up rigs from Velesto Energy for a campaign this year.
Indonesia’s Saka expands offshore field
Indonesia’s Saka Energi is pressing ahead with expansion projects at its Pangkah production sharing contract offshore East Java, Indonesia.
Australia rules against Thailand’s PTTEP over oil spill
The Indonesian government has welcomed an Australian court ruling ordering Thailand’s PTT Exploration & Production (PTTEP) to pay compensation to Indonesian seaweed farmers following the 2009 Montara oil spill. The total bill could top more than $262 million.
Eni drilling huge prospect off Vietnam
Italy’s Eni has started drilling a key shallow-water exploration well a short distance from its large Ken Bau discovery offshore Vietnam.
First Gen close to awarding FSRU deal in Philippines
First Gen will award a deal for the charter of a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines by the end of March.
Sumitomo eyes major hydrogen hub in Australia
Japan’s Sumitomo has plans to develop a significant hydrogen hub near one of Australia’s major liquefied natural gas (LNG) export complexes. Sumitomo and its Australian partners ultimately aim to start hydrogen exports by 2030.
Petronas successfully prices a $600 million bond offering
Malaysian national oil company Petronas has successfully priced a $600 million single tranche seven-year note.
China’s Sinopec strikes major discovery in frontier basin
Sinopec, China’s second-largest energy company has made a significant oil and gas find in the remote Tarim basin in the country’s north-west Xinjiang region.
Philippines needs to push nuclear power
The Philippines need to pursue nuclear power to improve its long-term energy security and slash carbon emissions from its highly polluting coal-fired power fleet.
China launches maiden LNG bunker ship
China’s first seagoing liquefied natural gas (LNG) bunker vessel has been launched in Dalian to service ships passing through the waters of East China.
Petronas set for deepwater FID offshore Sabah
Petronas Carigali is aiming to take a final investment decision (FID) on its Bestari deep-water oilfield development offshore Sabah in East Malaysia this year.
Japan mulls $9bn subsea cable plan to expand offshore wind
Japan's Ministry of Economy, Trade and Industry (METI) is considering proposals to lay subsea power cables to connect demand centres with offshore wind projects as part of a push to expand renewable energy projects in the country.
Repsol eyes giant carbon storage scheme in Indonesia
Repsol is studying the potential of a giant geological carbon capture and storage project in Sakakemang in Indonesia.
Shell seeks to divest Malaysia assets
Shell is seeking to divest its non-operated interests in the amended 2011 Baram Delta enhanced oil recovery (EOR) production-sharing contract (PSC) and the SK 307 PSC, both offshore Sarawak in Malaysia.
Indonesian producer eyes Australian acquisitions
Bass Oil is seeking Australian upstream acquisition opportunities, which are largely being ignored by the market amid the energy transition, to complement its increased activities in Indonesia.
Petronas and China’s CNOOC expand ties
Malaysia’s Petronas and China National Offshore Oil Corporation (CNOOC) will expand their ties in the energy sector through closer collaboration beyond liquefied natural gas (LNG) and upstream projects.
Petronas eyes UAE after signing MoU with ADNOC
Malaysia’s Petronas and United Arab Emirates-based Abu Dhabi National Oil Company (ADNOC) are exploring opportunities to collaborate in the exploration, development and production of Abu Dhabi’s resources.
UAE’s Masdar hooks up with Malaysia’s Petronas for Asia renewables
Abu Dhabi-based Masdar and Malaysia’s Petronas will work together to pursue renewable energy and green hydrogen projects across Asia and the Middle East.