Singapore-based seismic player Nordic Maritime has been awarded a $23.5 million contract by Cairn India to shoot a 3D survey off India’s east coast. The contractor intends to kick off the 1000 square-kilometre survey near Nizamapatnam Bay off Andhra Pradesh province later this month and will also carry out acquisition [...]

Gas exports from ExxonMobil’s Papua New Guinea Liquefied Natural Gas project are expected four months ahead of schedule, according to the latest reports. ExxonMobil chief executive Rex Tillerson told analysts in the US that first LNG would be ready for export as early as 1 July. The Australian reported that [...]

Australia’s Statoil has served default notices for cash calls it claims have not been paid by partner Baraka Energy & Resources, despite the fact Baraka has disputed upcoming work programmes. Baraka gave notice under the joint operating agreement (JOA) that it was electing not to contribute to the work programmes [...]

Brent futures slipped below $109 per barrel on Monday as data showing an unexpected fall in China's exports added to fears of a slowdown in the world's second largest economy, while geopolitical tensions in Ukraine and Libya limited the falls. The sharp drop in exports stoked oil demand-growth worries as [...]

Tethys Oil co-founder and former chairman Vincent Hamilton has died in Geneva at the age of the 50 after a lengthy battle against nueroendocrine cancer. The Swedish explorer’s managing director Magnus Nordin said: “We are deeply saddened to announce that Vince passed away today. Our thoughts are with his wife [...]

German explorer VNG has made an oil and gas discovery with a wildcat at its Pil & Bue (Bow & Arrow) prospect in the Norwegian Sea, according to partner Rocksource, which believes the find is commercial.

The deals will see Petronas supply CPC with up to 2.6 million tonnes per annum of LNG over a year six-year period. The first supply agreement is due to start in the second quarter of the year, while the second agreement will kick off in 2015. Petronas did not reveal [...]

Japanese and Malaysian consortium to work on three trains at Sarawak plant until 2019 Japan’s JGC and Synerlitz of Malaysia have jointly won a rejuvenation contract at the Petronas-led Bintulu liquefied natural gas plant in Sarawak, Malaysia. The pair will work on the fourth, fifth and sixth LNG trains under [...]

Latest well in prospective area of Pakistan turns up commercial gas find near producing field Canadian explorer Jura Energy has confirmed a further commercial gas discovery at a prospective onshore play in Pakistan. The Maru East-1 exploration well delivered the goods having tested at a flow rate of 3 million [...]

Middle Eastern company Dana Gas is upgrading its El Wastani plant to expand its capacity from 40 million cubic feet per day to 200 MMcf per day. The maintenance and enhancement programme to increase the capacity of the plant in Egypt by 25% or 6650 barrels of oil per day. [...]

Sweden's Lundin Petroleum has come up dry with an exploration well on the Baronang production sharing contract in the Natuna Sea, off Indonesia. The Balqis-1 well was drilled to a total depth of 2109 metres and hit the targeted Oligocene Upper and Lower Gabus formation sandstone in well developed reservoirs [...]

East Africa-focused explorer Wentworth Resources tumbled to a loss last year as it faced higher exploration costs in the fourth quarter. The Oslo and London-listed company reported a full-year net loss of nearly $10 million, versus a profit of $24.9 million in 2012 that included a $29.8 million gain on [...]