Damon Evans

Asia Pacific correspondent
An offshore rig at Indonesia's Mahakam block

Indonesian mega-projects are top priorities for Jakarta

Change at the top of Indonesia's upstream agency could provide the impetus needed for progress on the Indonesia Deepwater Development and Abadi LNG.

15 January 2019
Petronas's Sabah oil and gas terminal

Southeast Asia set for uptick in M&A

Maturing assets and rising domestic demand mean Southeast Asia is ripe for new market entrants and fresh capital.

9 January 2019
The Yadana platform off Myanmar (Total)

Myanmar reforms regulatory regime ahead of upstream offering

The country is making changes to its fiscal and regulatory terms in a move to attract more foreign players to its upstream sector.

2 January 2019
Petronas’s PFLNG facility off the coast of Sarawak. (Petronas)

Sarawak’s proposed sales tax is a bitter pill for IOCs

The Sarawak state government’s proposed sales tax risks deterring potential developers.

20 December 2018
Mahathir Mohamad, Malaysian prime minister

Government squeeze raises risk for Petronas

A special one-off payout and uncertainty around the state’s future dividend policy could weaken the NOC’s financial profile.

10 December 2018
An FSRU in Argentina

Can Bangladesh stomach more LNG as costs bite?

Doubts are surfacing about Bangladesh's ability to absorb additional LNG given the recent cancellation of another FSRU project in the country.

27 November 2018
ConocoPhillips’ Bayu Undan platform in the Timor Sea

Shell exit from Greater Sunrise paves way for Chinese

East Timor has bought Shell's stake in the Greater Sunrise project, giving it a majority share and puting more impetus behind the project's development.

21 November 2018
A Mahakam block rig

Lack of partners raises upstream risk for Pertamina

Indonesia’s NOC needs to boost its production, but the country’s regulatory regime is putting off potential partners.

19 November 2018
operations at the Malampaya field

Energy World LNG project hits wall in Philippines

The company’s import and power project is almost ready to start up but is being denied access to the local electricity grid.

14 November 2018
An Eni offshore platform

High hopes for deepwater wildcat off Pakistan

The Kekra 1 well will be drilled by a joint venture that includes Eni and Exxon, with the JV's local player expecting a large discovery.

7 November 2018
ConocoPhillips' bayu Undan platform

Woodside eyes solution to Greater Sunrise deadlock

The Australian company may invest only in the project's upstream, leaving East Timor to finance the building of the onshore liquefaction plant and pipelines.

29 October 2018
An FSRU in Argentina

Bangladesh whittles down LNG import projects

Growth in the country's LNG demand may have been overestimated, with several regas projects having been dropped.

23 October 2018
A cargo being delivered to Singapore’s LNG terminal

Less volatility for Asian LNG prices this winter

With growth in LNG supply set to outpace growth in demand this winter, Asian buyers should avoid a repeat of last winter’s price surges.

18 October 2018
Talisman Energy and Repsol exploring offshore Vietnam

ExxonMobil could spark Chinese fury over Blue Whale

The giant gas field offshore Vietnam is near waters claimed by China, presenting significant geopolitical risks to its development.

11 October 2018
A platform at the offshore Yadana field.

Multibillion-dollar project on horizon for Myanmar

Woodside and Total are moving closer to the development of a major gas find off the coast of Myanmar.

3 October 2018
A ConocoPhilips platform off East Timor

Conoco agrees to sell Greater Sunrise stake to East Timor

East Timor will buy Conoco's 30% stake in the Greater Sunrise gas field, which could kick-start the country's LNG plans.

1 October 2018
The Darwin LNG plant

Darwin backfill decision looms after Sunrise deadlock

East Timor's commitment to sending Greater Sunrise gas to a new LNG plant within its territory has opened the door for other suppliers to backfill Darwin LNG.

26 September 2018
A PetroVietnam rig offshore Vietnam

Vietnam’s upstream delays to accelerate LNG imports

Delays to Vietnam's upstream projects are likely to be bullish for the country's LNG import plans.

25 September 2018
The USS Ronald Reagan in the South China Sea

China and Philippines near deal on South China Sea

Beijing and Manila are getting closer to a final deal for joint exploration in the disputed waters of the South China Sea.

19 September 2018
The Deepsea Stavanger offshore rig

Bangladesh to fix terms ahead of 2019 offshore round

Bangladesh is looking to improve the terms of its production-sharing contracts in the hope of attracting IOCs to its upcoming offshore licensing round.

13 September 2018

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