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Cooper Energy has completed the sale of its Indonesian exploration assets to Mandala Energy Investment in a US$9.07 million (approximately…
Wednesday, 01 June 2016 13:56

Weak oil prices hurt credit ratings

Standard and Poor’s has cut credit ratings of leading oil majors in Asia Pacific, and warns of lower production in…
Monday, 30 May 2016 00:05

Santos spots oil shows off Indonesia

The AAL- 4X appraisal well in the Northwest Natuna contract area offshore Indonesia, reached total depth of 1246m and wireline…
Monday, 23 May 2016 20:54

Pageo forms ROV fleet in Singapore

Jakarta’s Pageo Utama has expanded its range of services with the establishment of an in-house fleet of 12 workclass remotely…
Wednesday, 18 May 2016 22:51

ACL gets nod for Sumatra drilling

ACL International’s subsidiary Renco Elang Energy (REE), the operator of South Block A, has received regulatory approval to drill the…
Wednesday, 18 May 2016 21:52

PETRONAS Q1 profit dips 60%

PETRONAS recorded 60% lower profit of RM6.8 billion for Q1 2016, compared to the RM17.0 billion posted in Q1 2015.…
Published in AOG Daily: 2016 / May
Sunday, 15 May 2016 21:13

Santos spuds off Indonesia

Operator of the Northwest Natuna license, Santos, has started drilling the AAL-4X appraisal well, which sits in 72m water depth,…
Published in AOG Daily: 2016 / May
The Indonesian government plans to implement a number of policies to maintain and attract the interest of upstream investors in…
Published in AOG Daily: 2016 / May
Thursday, 12 May 2016 03:25

Hydro strengthens APAC presence

Aberdeen-headquartered subsea cable and connector specialist Hydro Group announced multiple Asia Pacific business partner agreements as the firm continues strategic…
Wednesday, 04 May 2016 22:32

Cue gets Mahakam extension

SKK Migas has approved Cue Energy Resources’ request for a four-year exploration extension of its 100% owned Mahakam Hilir production-sharing…