While Pakistan has enjoyed four discoveries, India has seen three finds in Rajasthan.
Field development activity in Southeast Asia is moving along at a steady pace, with the region on course to play a key role as a nurturing ground for a growing fleet of FLNG projects in the coming years.
The deadline to submit bids for the onshore and offshore blocks is Feb.18, 2015.
The government is offering a total of 11 onshore and offshore blocks.
Companies are eyeing the country for its conventional and unconventional shale potential.
Pan Orient Energy Corp. has entered an agreement to sell its 50% equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Co. Ltd. of Bangkok, Thailand, for $42.5 million.
Acquisition of the Mialara 2-D seismic survey, East of Palawan in the Philippines, has been completed, Searcher Seismic said in a news release.
PSCs and working interest included in agreement are: West Papua IV, 49.9%; Aru, 60%; North Makasar Strait, 30%; North Ganal, 18.5%; Obi, 2%; Kofiau, 100%; and Halmahera-Kofiau, 80%.
Eni has made a gas find in the Merakes exploration prospect in the East Sepinggan Block, where the company is operator with a 100% stake, according to a news release.
CNOOC Ltd. made a mid-to-large new discovery in the Jinzhou 23-2 structure in Bohai offshore China.
Platform commissioning at the Manora oil development in the northern Gulf of Thailand is well underway with hook up and commissioning nearing completion, Tap Oil said in a news release.
Chevron Corp.’s Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country.
The Enping 24-2 oil field has commenced production.
Technip has secured a five-year framework agreement with Petronas Carigali Sdn Bhd for engineering, procurement, construction and installation or supply-only of flexible pipes.
The CSTS consortium has been awarded a contract by BP Berau Ltd. for the onshore FEED contract for the Tangguh Expansion Project
KrisEnergy Ltd. has chartered the Rubicon Vantage FSO vessel and a catenary anchor leg mooring (CALM) buoy for the Wassana oil development in the G10/48 license area in the Gulf of Thailand, a news release said.
BP and the Tangguh partners have awarded two consortia onshore FEED contracts for the Tangguh Expansion Project (Train 3).
McDermott International Inc. was awarded a transportation, installation and precommissioning contract by a subsidiary of Petronas for the Bukit Tua Development Project.