Indonesia, South Korea, Japan and China could all be interested in investing in a long-delayed gas project in the waters between East Timor and Australia crucial to the Asian nation's future, East Timor President Jose Ramos-Horta said on Wednesday…
China’s saber-rattling around Taiwan underlines the need for Australia to be prepared for conflict in the South China Sea.With its growing navy and air force, and the bases it has built throughout the area, China is increasingly capable of disrupting…
Indonesia is offering five exploration oil and gas working areas and one exploitation working area across the country in its first bidding round of this year, a senior energy official said on Wednesday.The oil and gas blocks have a total potential resources of 3…
East Timor's national oil company wants to start producing natural gas from its Greater Sunrise fields by 2028 or 2030, the company's head said on Tuesday in Houston, hoping to develop the offshore project that has been stuck in limbo for decades…
ASX-listed SRJ Technologies Group plc in December last year struck a deal to buy the UK-based oilfield services firm STATS. However, STATS said Monday that the deal had fallen through over SRJ's inability to raise funds for the deal.'[STATS…
Image for illustration only ©GoodVibes - Photo/AdobeStockMalaysian oil and gas company Petronas has achieved its first hydrocarbon from the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia. The BTJTB-T2 well was spudded on September 30…
British oil major BP has won two offshore exploration blocks in Indonesia, as part of the Indonesian government's second round of the 2021 Oil and Gas Working Area (WK) Bid Round. The blocks in question are Agung l and Agung ll oil and gas exploration blocks…
Petronas' subsidiary PC Ketapang II has won the North Ketapang block, located onshore and offshore East Java, Indonesia, during the second round of the Indonesia Petroleum Bid Round 2021.The result was announced by the Ministry of Energy and Mineral Resources…
Teras Offshore, once a notorious ‘‘big boy’’ in Singapore’s offshore oil & gas market and owning a varied fleet of liftboats, jack-ups, and small AHTs, has recently been forced to close its doors for good and put an end to years of suffering and losses…
Australian oil and gas company Beach Energy has informed that gas production has started from the first two wells of its offshore Otway Basin campaign - Geographe 4 and 5.The wells have been connected to the Otway Gas Plant and are now delivering…
Norwegian marine seismic data company TGS on Monday announced a project designed to help drive exploration across the South Makassar and North East Java regions of Indonesia.The company said that processing has begun on the East Java Sea 2D-cubed project…
Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday.The oil and gas blocks had a total capacity of…
Deployment of carbon capture storage (CCS) in Indonesia could cost about $500 million, a senior official at Indonesia's state oil firm Pertamina said on Monday.Pertamina and ExxonMobil signed a memorandum of understanding during the COP26 summit…
Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.A memorandum of understanding…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…