Soco plumbs Vietnam depths after pressure show Jun 4, 2007
London-based Soco International is laying casing quikcly after striking oil and gas under pressure at the Te Giac Den well offshore Vietnam.

Korea: Kamchatka field points to 10 Bbbls Jun 1, 2007
Seismic alone did not soften a South Korean claim that an oilfield off the Kamchatka Peninsula near the Russian Far East holds 10.3 billion barrels of oi, Reuters reported Friday

Keppel to build second rig for PetroVietnam Drilling May 28, 2007
Keppel FELS Ltd. shipyard has won a second contract for a PetroVietnam Drilling Investment Corp. jack-up rig, a $191-million project to be named PV Drilling II.

Pipeline notes: Iraq, Malaysian prospects peak May 28, 2007
Some 300,000 barrels of day of Iraqi oil could start flowing from a northern pipeline in one or two months, subject to insurgent attacks, a Dow Jones report has said, quoting an optimistic Iraqi Oil Minister.

AWE expands Taranaki basin acreage May 24, 2007
AWE has been granted three additional exploration permits in the offshore Taranaki basin by the New Zealand Ministry of Economic Development.

BP Indonesia to drill 15 wells in Tangguh May 24, 2007
BP Indonesia will start drilling gas wells in Tangguh field in Papua in June, part of a series to drill 15 wells in the project, BP Indonesia President John C. Minge said at the 31st IPA Annual Convention and Exhibition at the Jakarta Convention Center.

Roc oil rallied by Perth Basin gas show May 21, 2007
Aussie outfit Roc Oil has found “good gas indications” in sandstone bored through by the Perseverence 1 well off Western Australia, it was learned Monday.

BP, Rio Tinto in $2B “coal-to-seabed” carbon plan May 21, 2007
Just days after joining forces to “decarbonize energy projects”, BP and Rio Tinto have aired plans for a $2-billion coal-fired power generation project just south of Perth in Western Australia.

Jurong twin conversion jobs good for $88M May 18, 2007
SemCorp Marine’s Jurong Shipyard in Singapore has won two conversion contracts worth  a combined US$88-million, it was announced Friday.

Cooper Energy announces PEL100 JV Farm-out agreement with Stuart Petroleum May 18, 2007
Cooper Energy advise that the PEL 100 Joint Venture has agreed terms with Stuart Petroleum to drill a well on behalf of the PEL100 Joint Venture.

Reliance finds rubies in India’s East, West May 15, 2007
India’s Reliance Industries has made two large hydrocarbon discoveries — one in shallow east coast waters, the other off the deepwater West — that look promising exploration in the Gujarat.

GeoGlobal provides KG offshore exploration block update May 15, 2007
GeoGlobal Resources Inc. provided an update on the exploration activities of the Gujarat State Petroleum Corporation (“GSPC” or the “operator”) as operator of the exploration block KGOSN- 2001/3 (“KG Offshore Block”).

Coastal cops Thai jack-up for $1M May 14, 2007
Houston-based Thai explorer Coastal Energy Co. has bought its own offshore rig to escape high day rates in Southeast Asia, as it explores its wholly owned 17,000 square kilometres of Block 65/43.

Fred Olsen, Marubeni to stake out Asian floaters May 11, 2007
Tokyo-based Marubeni Corp. and Fred. Olsen Production of Norway will together seek and develop floating production projects in China, Cambodia and Thailand, the Japanese industrial group said this week.

Cairn finds oil, gas cache in Rajesthan May 10, 2007
Cairn in India has struck more oil and will drill more in the north of the Rajesthan block which has helped transform the E&P outfit into a medium-sized independent.