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Deepwater Oil Drilling: Asia

Niko deepwater Indonesia well non-commercial

Niko Resources Ltd. (TSX:NKO) has found non-commercial gas at the Pananda 1 exploration well drilled in the North Makassar block, offshore Kalimantan in the deepwater Makassar Strait, Indonesia.

No let-up seen in demand for newer ultra-deepwater rigs

Seadrill expects to take delivery this year of nine newbuild rigs, comprising two ultra-deepwater drillships, five high-spec jackups, one tender rig, and one harsh environment jackup.

RIL, BP, NIKO report deepwater gas condensate discovery offshore India

Reliance Industries Ltd. (RIL) and its partners BP and NIKO have made a gas and condensate discovery in the KG D6 block offshore eastern India.

Supply and demand in the Asia/Pacific region try to reach equilibrium

With growing energy demands in China and India, and huge LNG export projects under way off Australia, the Asia/Pacific region is a tale of two complementary ends of oil and gas exploration and development continuum.

GLOBAL DATA

Infield Systems expects 1,546 new fields to enter production worldwide in the next five years.

EMAS contracts subsea work in GoM, West Africa, the Philippines

EMAS (SGX: 5DN) has won four contracts totaling $120 million spread among the Gulf of Mexico, West Africa, and the Philippines.

Petrobras moves FPSO conversion work to China

Petrobras (NYSE:PBR) is moving to China the work of converting four tankers into FPSOs.

Transocean reports new offshore water depth drilling record

Transocean Ltd. (NYSE: RIG) reports that its ultra-deepwater drillship Dhirubhai Deepwater KG1 has set a new world record for the deepest water depth by an offshore drilling rig of 10,385 ft (3,165 m) while working for ONGC offshore India.

Statoil issues main Norwegian Sea trunkline contracts

Statoil (OSE:STL) has awarded three contracts for the long-distance Polarled gas pipeline in the Norwegian Sea.

Technip to install offshore Sabah, Sarawak pipelines

Shell has awarded Technip (Paris:TEC) pipelay contracts for two projects offshore Malaysia.

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