An oil and gas terminal in Malaysia Exploration & Production

Malaysia to award up to nine offshore blocks

ExxonMobil is one of the companies expected to win acreage in Malaysia’s latest licensing round.

By Damon Evans 13 December 2017
Companies & Finance

Pakistan to begin work on Iran-Pakistan pipeline in six months

Work on the long-discussed Iran-Pakistan gas pipeline is expected to begin in six months and be completed in 2014, according to Pakistan’s minister for petroleum and natural resources, Asim Hussain, in a TV interview on Tuesday.

6 July 2011
LNG

PTTEP to build Oz FLNG terminal

Thailand’s PTT Exploration & Production (PTTEP) plans to build a floating LNG facility in the Timor Sea to develop gas from three blocks just off Australia’s north-western coastline.

5 July 2011
Exploration & Production

Bangladesh in talks to Sinopec over Chittagong gas exploration

Bangladesh Petroleum Exploration & Production Company (BAPEX) is in talks with China’s Sinopec about beginning gas exploration in four structures in the Chittagong Hill Tracts region, in order to boost the area’s gas supplies, Mortuza Ahmad Faruque, managing director of BAPEX, told Interfax today.

5 July 2011
LNG

Pakistan receives 17 bids for LNG delivery

Pakistan’s Sui Southern Gas Company (SSGC) has received 17 bids from foreign and domestic companies interested in supplying the company with 14.16 million cubic metres per day of LNG for up to 10 years, a spokesman for SSGC confirmed to Interfax on Tuesday.

5 July 2011
Policy & Regulation

Quick resolution unlikely over South China Sea sovereignty and resources dispute

China has been in dispute with Vietnam, Brunei, Malaysia, Taiwan and the Philippines over contested South China Sea (SCS) maritime boundaries for several years.

4 July 2011
Exploration & Production

Sumitomo, Mitsui sign agreement for Indonesian gas development

Indonesia’s oil and gas watchdog BPMIGAS has signed a co-operation agreement with Japanese companies Sumitomo Corporation and Mitsui as a foundation to carry out joint feasibility studies on gas development projects in Indonesia, it said on Tuesday.

28 June 2011
LNG

Salamander Energy agrees 20-year supply contract with Indonesian power company

Salamander Energy has agreed a 20-year gas supply contract with Indonesian state-owned power company, PT PLN (Persero), at a price of $4.79 per thousand Btu (MBtu), the company said on Tuesday.

28 June 2011
Supply & Demand

Thailand’s PTT to import more LNG

Thailand's state-owned PTT plans to import more LNG to offset the gas supply loss from a leaking pipeline, the energy conglomerate said in a statement to the Stock Exchange of Thailand today.

27 June 2011
Exploration & Production

China, Vietnam to speed up negotiations on maritime dispute

Chinese and Vietnamese authorities have agreed to speed up negotiations in order to settle a maritime dispute over oil and gas exploration in the South China Sea, they said on Sunday.

27 June 2011
LNG

Inpex ‘close’ to finalising buyers for full Ichthys LNG offtake

The Ichthys LNG project in northern Australia is “close” to securing buyers for its full 8.4 million tons per annum (mtpa) output, operator Inpex said in a statement on Friday.

24 June 2011
Exploration & Production

ONGC fires back at Cairn letter

Oil and Natural Gas Corp.’s (ONGC) response to a Cairn India letter stated that the Krishna Godavari Block DWN-98/2 has estimated gas reserves of 101 billion cubic metres and the company has already submitted a conceptual development plan to the Indian government.

23 June 2011
Exploration & Production

Japan’s Inpex to go ahead with Indonesian Ruby field

Japan’s oil and gas company Inpex has decided to go ahead with the development of the $500 million Ruby gas field, located in the Sebuku Block offshore Indonesia, it said on Tuesday.

21 June 2011
Exploration & Production

OGDC release reserves figures

Pakistan’s Oil and Gas Development Corporation (OGDC) has gross proven gas reserves of 6 trillion cubic feet (0.1699 trillion cubic metres), the company’s auditors said Sunday, with 2.6 tcf (0.0736 tcm) net to OGDC.

20 June 2011
LNG

Pluto LNG delays continue

Australia’s Woodside has delayed the start-up of its Pluto LNG project as construction delays and weather problems push back the company’s original schedule.

17 June 2011
Exploration & Production

India’s petroleum ministry criticised

India’s Comptroller and Auditor General (CAG) has criticised the country’s petroleum ministry for allegedly showing undue favour to private companies including Reliance Industries and Cairn Energy, local newspaper Business Standard said today.

16 June 2011
Exploration & Production

Gazprom and Pakistan’s Shahzad discuss projects

Gazprom Export is in discussions with Pakistan’s Shahzad International, a privately held group that includes Pakistan companies from the energy sector, about the possibilities of taking part in oil and gas projects, Gazprom said. Discussions were held during the Pakistan delegation visit to Moscow.

16 June 2011
Supply & Demand

Meeting India’s gas demand

Time is running out for India’s gas market. Domestic gas production is falling short of the power demands of its rapidly growing economy, while LNG imports are hobbled by insufficient infrastructure

10 June 2011
Exploration & Production

Wood Group Wagners secures GLNG contract

Wood Group Wagners, a joint venture between UK-based Wood Group and Australia’s Wagners, has secured a A$40 million ($42.33 million) project management contract for the Gladstone LNG (GLNG) pipeline project in Queensland, Australia.

9 June 2011
LNG

Gail to invest in power plants

The board of Indian gas transmission and marketing company Gail has given approval for the company’s first investment in a gas-fired power station, local newspaper The Business Standard reported today.

7 June 2011
Exploration & Production

Indonesia’s LNG exports make way for domestic market

A growing economy, dwindling gas resources and high oil prices are leading Indonesia, the world’s third largest LNG exporter, to reduce exports and use its own LNG production to meet domestic demand.

7 June 2011

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