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AOG Daily: 2014 / July

Thursday, 31 July 2014 17:19

CNOOC begins Panyu 10-2/5/8 production

CNOOC Ltd. commenced production at its Panyu 10-2/5/8 project in the Pearl River Mouth Basin in the South China Sea, the company announced on 31…
Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN) has contracted with Qingdao Wuchuan Heavy Industry’s shipyard in northern…
Thursday, 31 July 2014 10:41

Eni signs two Myanmar contracts

The Italian major, Eni, signed two production sharing contracts (PSC) with Myanmar Production and Exploration Company Ltd. (MPRL E&P) for the RSF-5 in the Salin…
Wednesday, 30 July 2014 21:10

Asian AUV teams compete at RoboSub

Teams from nine Asian universities are among the 40 schools that qualified to compete this week, at the 17th Annual International RoboSub Competition, sponsored by the…
Wednesday, 30 July 2014 07:35

China oil demand increase

China's oil demand increased 2.7% year-over-year to 41.94kb in 2014, an average of 10.25MMbbl/d, according to the Platts analysis of Chinese government data. On a…
After a 10-year fight, the former majority owners of Yukos Oil Co. have won in court. A three-member Arbitral Tribunal of the Permanent Court of…
Monday, 28 July 2014 10:20

PGN FSRU Lampung begins operations

The PGN FSRU Lampung project offshore Indonesia reached an important milestone on 21 July when the vessel and its associated mooring and pipeline to shore was…
Australia's Searcher Seismic Pty Ltd. has started shooting the Pinatubo multi-client 2D seismic survey west of Luzon Island, the largest island of the Philippines. The…
Thursday, 24 July 2014 14:47

ABS, MPA to collaborate on maritime R&D

The American Bureau of Shipping (ABS), a leading provider of global marine and offshore classification services, and the Maritime and Port Authority of Singapore (MPA)…
Wednesday, 23 July 2014 10:53

EIA: Oil, gas top Russian exports in 2013

The US Energy Information Administration’s new “Today in Energy” brief looks at the value of Russia’s oil and natural gas exports, and where those fossil…
India's Union Budget 2014-2015 proposes to double India’s natural gas pipeline network by another 15,000km. The Union Budget is the annual budget of the Republic of India…
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has recently delivered to Excelerate Energy the largest ever regasification LNG carrier (LNG-RV or FSRU) from its…
Thursday, 17 July 2014 19:50

POSH partners with Grupo Pegaso in Mexico

Singapore's PACC Offshore Services Holdings Pte. Ltd. (POSH), Asia’s largest operator of offshore supply vessels, announced today that Mexican conglomerate Grupo Pegaso has signed a term…
Thursday, 17 July 2014 11:54

Spot LNG Prices Fall

The prices of August LNG delivery to Asia fell 26.5% year-over-year to an average $11.365/MMBtu, according to Platts. The decrease marks the fifth consecutive month…
Thursday, 17 July 2014 11:12

ConocoPhillips hits gas at Pharos-1

ConocoPhillips encountered hydrocarbon pay in the Browse basin, off Western Australia, announced partner Karoon Gas on 16 July 2014. Karoon said the Pharos-1 well, located in…
On 17 July, senators in the Australian Parliament voted to disallow the Federal Government from continuing to issue Maritime Crew (subclass 988) visas to foreign…
Indonesia's PT Pertamina EP awarded a lumpsum contract for the Matindok Gas Development project to  Technip and PT Wijaya Karya (Persero) Tbk (WIKA), as a…
South Korea's Hyundai Heavy Industries (HHI) has received a letter of award (LOA) from Abu Ahabi Marine Operating Co. (Adma-Opco) for a US$1.94 billion order…
Baker Hughes Inc. issued the June 2014 international rotary drilling rig count on 8 July, showing a total of 1344 rigs operating internationally (outside the US &…
A consortium has been awarded unconventional exploration rights for a major oil-producing basin onshore Central Sumatra, Indonesia. New Zealand Oil & Gas Ltd. (NZOG) announced the…
Oil production began today at the Dua oil project, operated by Premier Oil offshore Vietnam, 40 years after the field was discovered. The Dua field discovery well,…
Thursday, 10 July 2014 16:57

Mongolia enacts new petroleum law

The State Great Hural (Parliament) of Mongolia has passed a new Petroleum Law, effective as of 1 July 2014. West Australia-based Wolf Petroleum Ltd. says the…
Thursday, 10 July 2014 09:49

Consortium secures onshore contract

Technip, in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lump sum contract by PT Pertamina EP for the Matindok…
Wednesday, 09 July 2014 12:52

Shelly-1 spudded

Cooper Energy Ltd. announced that the Shelly-1 exploration well has been spudded and as of 7 July the rig was drilling 12-1/4in. hole at 163m.…
Wednesday, 09 July 2014 12:39

Promising test results at Malolos

Gas2Grid Ltd. announced that the production testing at Malolos-1 has to date gathered sufficient data to support an application to the Philippine Department of Energy…
Wednesday, 09 July 2014 12:10

Discovery at BNG

Roxi Petroleum announced oil and gas have been detected at a depth of 4332m in well A5 of BNG contract area being drilled onshore Kazakhstan.…
Tuesday, 08 July 2014 12:25

Manora oil development update

Tap Oil Ltd. announced that on 7 July, phase 2 of the Manora oil development offshore installation program, which consists of the loadout and installation…
Monday, 07 July 2014 17:32

Typhoon Neoguri reaches southern Japan

Typhoon Neoguri originated near Guam early Friday, 4 July, and has developed into the first superstorm of the season along the Pacific rim.  It is now…
Cuu Long Joint Operating Co. (CLJOC) has finalized a turnkey EPCI contract for a new tripod for the Su Tu Vang Southwest project with PetroVietnam Technical Services…
Wednesday, 02 July 2014 11:58

Gas Discovery at Toro

Woodside announced that the Toro-1 exploration well in permit WA-430-P has intersected approximately 150 m gross gas and 65m net gas within the Mungaroo Formation…