Join AOGdigital on Facebook Join AOGdigital on LinkedIn Join AOGDigital on Twitter

 

AOG Daily 2015 / August

Tuesday, 01 September 2015 22:46

Metgasco to sue NSW government

Australian gas explorer Metgasco has decided to sue the New South Wales (NSW) government to seek compensation for the suspension of its Rosella project near…
Monday, 31 August 2015 15:20

Rosneft sees drop in 1H

Rosneft’s came out ahead in 2Q 2015 as much as 150%, but still took a hit when it came to its revenue in the1H 2015…
Monday, 31 August 2015 03:18

Fire at Saudi Aramco complex kills 10

Fire at Saudi Aramco’s residential facility, which houses expatriate employees has left 10 people dead and over 200 injured. The fire broke out in Al…
Monday, 31 August 2015 01:48

Bunian-4 encouraging results

The Bunian-4 appraisal well in the Tangai-Sukananti KSO in South Sumatra, Indonesia has reached a total depth of 1744m, said Cooper Energy. While preparations are…
Monday, 31 August 2015 00:16

Keppel buys Cameron’s rig business

Singapore’s Keppel Offshore & Marine is purchasing Cameron International’s offshore rig business for US$100 million, comprising of the LETOURNEAU jackup rig designs. Keppel says the…
Friday, 28 August 2015 09:11

Buru banks oil in Canning

Buru Energy encountered oil at the Praslin-1 well onshore Western Australia. Image from Buru. Praslin-1 is located in the Canning basin, 90km east of Broome…
Wednesday, 26 August 2015 22:39

Tap Oil to tap offshore Myanmar

Australian oil and gas explorer Tap Oil is making its entry into Myanmar to explore reserves in the shallow water block M-7 located in the…
Wednesday, 26 August 2015 03:23

Oil Search profit jumps 49%

Papa New Guinea-focused oil and gas explorer Oil Search posted the highest half-year profit in the company’s history, despite weaker oil and gas prices. For…
Tuesday, 25 August 2015 04:39

India submits gas plan to Iran

ONGC Videsh an overseas investment arm of Oil and Natural Gas Corp. (ONGC) has submitted a revised development plan for Iran’s Farzad-B gas field, Reuters…
Tuesday, 25 August 2015 01:27

Oilex advances in India

Cambay-73 well in the Cambay basin in Gujarat continues to produce gas for market in the immediate vicinity of the field at 26 boe/d. As…
Sunday, 23 August 2015 22:51

AWE swings to loss

Australian oil and gas explorer, AWE Ltd., will consider the sale of non-core assets over the coming year as a result of slumping oil prices.…
Saturday, 22 August 2015 22:16

Santos CEO steps down, profit slides 82%

Santos CEO, David Knox is stepping down after seven years in the role once a successor has been appointed, the Australian energy pioneer said in…
Friday, 21 August 2015 00:18

Shell handovers MLNG to PETRONAS

Shell has transferred its 50% stake in the MLNG Dua liquefied natural gas (LNG) plant to Malaysian oil giant PETRONAS. Previously, MLNG Dua was operated…
Thursday, 20 August 2015 23:02

AWE strikes big onshore Perth

AWE’s total gross 2P reserves plus 2C contingent resources for Waitsia, Senecio, Irwin and Synaphea onshore Perth basin now stands at 721 Bcf of gas.…
Thursday, 20 August 2015 21:43

Sinopec, Lukoil close Kazakh deal

Chinese oil major Sinopec purchased Lukoil’s 50% interest in Caspian Investments Resources for US$1.09 billion. Sinopec who already has 50% stake in the Kazakhstan-based joint…
Thursday, 20 August 2015 03:57

Origin swings to loss

Oil and gas producer and energy retailer, Origin Energy announced annual loss of AU$658 million and underlying profit of $682 million, a 4% decrease compared…
Wednesday, 19 August 2015 09:20

Primeline, COSL enter exploration deal

Primeline Energy and China Oilfield Service Ltd. (COSL) entered into a turnkey drilling contract for a 2015 exploration program of two wells in the East…
Wednesday, 19 August 2015 03:37

SKK Migas approves Jambaran-Tiung Biru

SKK Migas approved the development plan for the Tiung Biru and Jambaran fields located in Java, Indonesia. Targeted to produce 227 MMcf/d of natural gas…
Wednesday, 19 August 2015 02:15

Woodside 1H profit down

Australia’s Woodside Energy achieved a half year net profit after tax of US$679 million, underpinned by production of 42.0 MMboe and operating revenue of $2.556…
Monday, 17 August 2015 05:26

KrisEnergy begins Wassana production

The KrisEnergy-operated Wassana oil field in the Gulf of Thailand commenced production from the first development well of the G10/48 block. Production is expected to…
Sunday, 16 August 2015 21:57

Otto’s Hawkeye-1 disappoints

The Hawkeye-1 exploration well, offshore Palawan basin in the Philippines has proven the existence of hydrocarbons said field operator, Otto Energy. However, the firm’s managing…
Sunday, 16 August 2015 20:05

PETRONAS 2Q profit declines

PETRONAS’ net profit after tax was RM$11.1 billion on the back of $61 billion revenue in 2Q 2015. The Malaysia energy giant said this was…
Thursday, 13 August 2015 04:03

SOCO starts Vietnam oil production

Vietnam-focused UK oil producer SOCO International commenced first oil production from the H5 wellhead platform (H5-WHP) of the Te Giac Trang (TGT) field, following perforation…
Wednesday, 12 August 2015 22:43

WA awards exploration permits in a year

It takes an average of 364 days for exploration licenses to be granted in Western Australia (WA), according to statistics from the Department of Mines…
Wednesday, 12 August 2015 08:52

Quadrant’s Levitt-1 a letdown

Quadrant Energy Australia’s Levitt-1 exploration well disappointed, and will be plugged and abandoned as no hydrocarbon shows were found, offshore Western Australia. Map of Levitt-1.…
Wednesday, 12 August 2015 04:43

OSV biz drives Vallianz revenue growth

Singapore-headquartered offshore support vessel (OSV) solutions provider, Vallianz Holdings’ revenue increases in 2Q 2015, but net profit slumps slightly.   The group’s revenue this term…
Tuesday, 11 August 2015 06:15

Keppel bags S$125 million in contracts

Keppel Offshore & Marine (Keppel O&M) has secured a floating production storage and offloading (FPSO) conversion contract, and three repair, upgrade and modification contracts totaling…
Monday, 10 August 2015 23:47

Ramba gets nod for Sumatra field

Singapore-headquartered Ramba Energy gets a go-ahead to develop the Lemang block in the Akatara field located in the Jambi province of South Sumatra, Indonesia. Approved…
Monday, 10 August 2015 21:28

Otto spuds in troubled waters

Field operator, Otto Energy, drilled the Hawkeye-1 deepwater well in the Palawan basin located in the west of Philippines, near the disputed South China Sea.…
Thursday, 06 August 2015 08:10

SOCO profit plunges

Asia focused UK oil producer SOCO International income slides in 1H 2015. Citing lower oil prices and lower production, revenue in 1H 2015 was US$116.6…