Asia-Pacific upstream in brief

Table of contents

• Prime Infra acquires Shell’s 45% stake in Malampaya from Udenna Corporation
• Jadestone takes bp stake in North West Shelf oil
• Sinopec discovers new shale oil play
• TotalEnergies progresses Papua LNG, withdraws from Myanmar
• Indonesia launches first licensing round of 2022
• CNOOC launches 2022 offshore licensing round
• Harbour Energy opens new deepwater Indonesia play
• India imposes windfall levy on oil producers
• Late-life oil asset sales continue in Thailand
• First oil/gas at Hindustan Oil Exploration Company’s B-80 contract offshore India
• Sasanof-1 a duster
• Strike hits a home run at South Erregulla
• Back in Jakarta: Indonesia upstream research takeaways
• Indian buyers discuss the acquisition of Shell’s stake in the Sakhalin-2
• Soaring gas prices in Australia's East Coast market
• Vietnam upstream: critical events to look for in 2022
• PetroChina approves a deep shale development
• ONGC seeks partners for offshore Krishna-Godavari basin blocks in India
• INPEX aims for Ichthys expansion
• Apus-1 disappoints for Santos
• China sets new 2025 gas output target, up 13%
• Testing times ahead for SSGP
• Prelude restarts as Crux moves towards FID
• Ten bids for six blocks in India’s latest licensing round
• PTTEP, Sapura-OMV, Shell, PETROS win new Malaysia blocks
• Mubadala starts gas production from Malaysia’s Pegaga field
• PETRONAS and BP expand Indonesian exploration positions
• Oil shows for Timor Resources, onshore Timor Leste
• Santos' Bayu-Undan CCS project enters FEED
• Strike finds more gas in prolific Perth basin
• PETRONAS back in black, going green
• INPEX kicks Abadi LNG into next decade
• PNG inks P'nyang gas agreement
• CNOOC awards four PSCs after quiet 2020 and 2021
• INPEX returns to profit in 2021, updates transition strategy
• Shell’s Prelude expected offline until Q2
• Chevron's interest in the NWS no longer for sale
• Timor-Leste Buffalo well falls short
• KUFPEC discovers gas in Natuna Sea, offshore Indonesia
• Indonesia targeting 12 new projects in 2022
• Malaysia lays out DRO buffet for 2022 license round
• TotalEnergies and Chevron call it quits in Myanmar
• Woodside and Santos ride LNG wave
• India’s gas supply growth shifts focus away from oil production woes
• China boosts shale gas output by 15% in 2021
• Bontang output under pressure in 2022 despite Merakes well restarting
• A big month - and year - for the Beetaloo
• CNOOC Ltd 2022 Strategy Preview: Roaring into the year of the tiger
• PTTEP, Chevron inch closer to Erawan transition
• Gorgon phase 2 domgas ramps up to nameplate
• Hot on the heels of Port Kembla: Viva LNG announces key deals
• Santos and Oil Search complete merger
• ConocoPhillips swaps Indonesian gas for Australian LNG
• JERA buys into high emissions Barossa gas project
• Mitsui consolidates ownership of MOECO
• Australian LNG imports move one step closer as AIE charters FSRU
• Indonesia offers eight blocks in second 2021 licensing round
• Woodside green lights Scarborough LNG
• Woodside brings GIP into Pluto Train 2
• Senex adds to Surat basin acreage with APLNG deal
• Wood Mackenzie Global Energy Summit 2021 Upstream Focus Day
• Santos captures Moomba CCS FID
• More companies exit Myanmar's upstream sector
• Sabah government approves third FLNG vessel
• EIG buys 10% of APLNG from Origin
• Woodside reserves take a hit at Wheatstone
• Posco makes US$626 million takeover bid for Senex
• Beach Energy and BP agree LNG deal for Waitsia
• Perth basin wildcat comes in big
• Santos and Timor-Leste sign Bayu-Undan CCS MOU
• PTTEP pushes Lang Lebah FID to 2023
• Indonesia approves bp CCUS plans for Tangguh LNG
• Shell FID’s Malaysian Timi field, including renewable power
• P’nyang and PNG T3 negotiations restart
• Repsol exits Vietnam, regional players swoop in
• Woodside and BHP agree to merge oil and gas businesses
• PETRONAS pushes third FLNG vessel towards FEED
• Abadi FID delayed further- can Southeast Asia’s vital pre-FID projects be developed?
• Rapid ramp-up in production at Reliance’s KG-D6 deepwater block in India
• Santos proposes Oil Search merger
• TotalEnergies signs US$750m GLNG infrastructure agreement with GIP
• US$4 billion Jansz-Io compression project gets the green light
• Indonesia offers six new blocks in its first licensing round in 2021
• Repsol exits Malaysia through Hibiscus deal
• New kids on the block: Cue Energy and New Zealand Oil and Gas enter Australia’s Northern Territory
• Shell exits Philippines with sale of Malampaya gas fields
• PTTEP’s fantastic four in Malaysia
• Jadestone enters Malaysia through SapuraOMV's PM assets
• Merakes makes waves in the Kutei Basin
• EOG buzzes in to Australia for Melbana's Beehive
• Hydrogen and CCUS get a cash injection from Canberra
• Empire expands in the Beetaloo
• SK408 partners sanction Jerun project
• Myanmar enters even murkier waters
• Victorian Government rejects proposed Crib Point import terminal
• China shale surprises on the upside
• Beach Energy continue Otway exploration success with gas discovery at Artisan
• Shell to sell in Malaysia
• Eni exits Pakistan
• Two for two for PTTEP and PETRONAS in familiar waters
• Australia’s E&Ps looking ahead to a more positive 2021
• An auspicious start to 2021 for PTTEP Malaysia
• PETRONAS releases new fiscal terms
• Australian regulator puts its foot down on decommissioning
• Myanmar's upstream future: to prevail or be derailed?
• 2021 M&A begins in Australia: Beach buys Mitsui's Bass Basin interests.
• CNOOC proves up 315 mmboe at Huizhou 26-6
• Domestic players dominate China’s latest shale gas licensing round
• BP strikes out with Ironbark-1 exploration well
• Indonesia approves Repsol’s Sakakemang development plan
• Kris energy produces first offshore oil in Cambodia
• GIP buys 26.25% stake in QCLNG facilities for US$2.5 billion
• Australasia exploration: 5 things to look for in 2021
• China launches long-awaited third shale gas licensing round
• Santos big Investor Day reveal: carbon neutral by 2040
• Santos receives Federal Environmental approval for Narrabri
• Papua LNG to move ahead on its own
• Asia Pacific upstream webinar: forecasting the future
• Beach Energy acquires Senex’s Cooper basin interests
• Horizon Oil exits PNG
• Offshore exploration moratorium lifted in the Philippines
• Positive results from Empire Energy’s Beetaloo exploration well
• Chrysaor enters the Southeast Asia arena
• One step closer to FID: Narrabri receives government approval
• Chevron agrees terms of Rokan PSC transition
• CNOOC Ltd delivers first independently-operated deepwater oil project
• Indonesia returns cost recovery as an option for the new licences
• Australia’s offshore acreage release: who will bid?
• Strike Energy announces firm offtake agreement
• Indonesia re-introduces cost recovery option
• Ken Bau: Vietnam's giant gas find
• Weld issues found at Gorgon LNG
• Shell considering Masela exit in Indonesia
• Dissecting Chevron's asset sale of the North West Shelf
• Jadestone Energy (re)enters Indonesia
• After the crash – what's changed in Asia Pacific upstream?
• Repsol transfers stake in Ca Rong Do to PetroVietnam
• PNG passes law to shift to PSC regime
• Santos completes northern Australia purchase – next step is Barossa FID
• CNOOC launches 2020 offshore licensing round
• 'For Sale' sign goes up on Eni's Australian upstream portfolio
• PetroChina’s new ‘giant’ Sichuan gas play
• Asian NOCs go on major cost-cutting spree
• Q1 Indonesia exploration update
• JERA agrees to buy into Barossa, backfill field for Darwin LNG
• All's well that ends well for OMV New Zealand
• Sabah takes its cut
• PetroChina's find opens new Tarim basin play
• PTTEP mulls delaying operations to adjust to new market dynamics
• Shell delays Crux FID as Prelude FLNG to remain offline for most of 2020
• ONGC starts gas production from deepwater block KG-DWN-98/2 offshore India
• Oil price crash: how will Asia Pacific's upstream sector respond?
• Further delays expected at Tangguh Expansion as Covid-19 restrictions bite
• CNOOC makes significant oil discovery in Bohai Bay
• Santos farms down 25% of Bayu-Undan and Darwin LNG to SK E&S
• Zarubezhneft enters Indonesia's Tuna PSC
• Coronavirus: how it could hit China’s oil and gas supply?
• Coronavirus: how is it impacting Asia Pacific’s upstream sector?
• Equinor pulls the plug on Stromlo-1
• Tawhaki-1 is a duster
• Posco discovers gas in Myanmar Block A3
• Malaysia breaks off unitisation discussions with Brunei
• Chinese firm wins exploration licence for Cambodia’s Block D
• KrisEnergy divests Block 115/09, offshore Vietnam
• Woodside delays FID on Browse
• Chevron puts IDD up for sale
• Update: SK408 starts up, SSGP shuts down
• PetroChina makes ultrad eep oil discovery in the Tarim basin
• Musical chairs at China's national oil companies
• SK408 starts up, SSGP shuts down
• CNOOC hits big in Bozhong 19-6 appraisal
• Australia/Timor-Leste border updated in all Wood Mackenzie services
• PetroChina’s shale gas output jumps 87% year-on-year
• Niko reaches end of the line, exits Indian D6 block
• Podcast: Watercooler edition
• PETRONAS continues Repsol partnership in Indonesia
• Shell closes 2019 with a sizzler
• Beach farms into the Great South frontier basin in New Zealand
• ConocoPhillips surprises with Tasmania exploration farm-in
• Shell and Husky make deepwater China moves
• Santos and Daewoo look to exit Bangladesh
• Key takeaways from Santos' Investor Day
• Woodside sanctions Julimar-Brunello Phase 2
• Scarborough and Pluto Train 2 update
• BP to acquire KrisEnergy stake in Andaman II block, Indonesia
• Jadestone Energy acquires New Zealand stake from OMV
• Woodside increases Scarborough reserves by 52%, hits 11 tcf
• Chevron exits Philippines with sale of Malampaya gas fields
• Malaysia announces 2020 bidding round
• Shell acquires Brunei deepwater exploration block from Total
• CNOOC makes ultra-deep gas discovery
• Successful appraisal at Duyung PSC
• Santos acquires ConocoPhillips' north Australian portfolio for US$1.39 billion
• ExxonMobil fires starting pistol on Asia Pacific divestment programme
• PetroChina reports big oil and gas additions
• Dorado blocks attract Santos and BP
• ExxonMobil marketing its assets in the Gippsland Basin
• IPA 2019: key takeaways
• Strike Energy discovers gas in the Perth Basin
• Eni-led consortium awarded West Ganal PSC
• ONGC unveils its 2040 strategic vision
• Medco Energi acquires North Sokang PSC
• Chevron's Gorgon project begins injecting CO 2
• PTTEP buys more shares in Apico
• Indonesia unveils four new blocks in latest bid round
• Neptune ups its stakes in Kutei Basin
• Takeaways from our latest trip to Jakarta
• Eni hits big gas in Vietnam
• PETRONAS awards Kasawari contract
• Indonesia’s Tangguh Expansion delayed by a year
• ConocoPhillips wins Corridor PSC extension in Indonesia
• Indonesia approves Abadi LNG revised Plan of Development
• Chinese NOC cooperation attracts attention
• Beach announces Waitsia progress and alignment of Perth Basin equity interests
• Usual suspects dominate India's OALP- 2 and 3 bid rounds
• PTTEP strikes big in Malaysia
• Barossa strengthens its leading position to backfill Darwin LNG
• CNOOC announces 2019 offshore licensing round
• China extends unconventional gas subsidy to include tight gas
• INPEX and Government of Indonesia agree next steps for Masela PSC
• Reliance and BP take FID on D-55 (MJ) gas-condensate field offshore India
• Shell delivers first LNG cargo from Prelude
• The road to Dorado – appraisal well confirms significant resource
• APPEA 2019 takeaways
• Bangladesh delays offshore bid round
• Papua New Guinea's Prime Minister resigns
• Hong Kong takeaways
• Liberal Party wins the Australia election
• PETRONAS FLNG Satu moves to Kebabangan Cluster
• Santos buys stake in P’nyang – brings PNG LNG expansion closer
• Indonesia awards two blocks in first 2019 bid round
• Leak at the Sabah-Sarawak gas pipeline (SSGP)
• Murphy hits oil in Vietnam
• Santos confirms significant gas resource at Corvus
• PETRONAS makes first move into renewables
• Takeaways from SEAPEX Exploration Conference
• BP plans to exit China shale
• Shell signs Chinese shale oil JSA with Sinopec
• Papua LNG JV signs gas agreement with the PNG Government
• Woodside signs 10 year LNG deal with ENN
• PTTEP acquires Murphy's Malaysia portfolio
• Malaysia research trip highlights
• China shale gas hit by three earthquakes in two days
• Indonesia offers five blocks in 2019 first bid round
• Repsol strikes gas onshore Sumatra
• Origin Energy sells Ironbark CSG to APLNG
• Equinor publishes environmental plan for Stromlo-1
• PTTEP buys stake in Apico for US$64 million
• Invenire Energy acquires Tata Petrodyne for US$100 million
• India launches third OALP bid round during Petrotech 2019
• Alay Patel, 13 February 2019
  • Coro Energy acquires 15% stake in Duyung PSC
  • Medco to acquire Ophir for US$512 million
  • Oil flows again in Vietnam
  • Australian E&P 2018 fourth quarter results
  • CNOOC Ltd announces 2019 strategic plan
  • PETRONAS FLNG Satu to move from Kanowit to Kebabangan
  • India offers 14 blocks under second OALP bid round
  • Medco launches bid to buy Ophir Energy
  • Mubadala, Repsol and PERTAMINA further expand Indonesian exploration acreage

Tables and charts

This report includes 89 images and tables including:

• Indonesia 2022 Bid Round I block release
• India - net oil production by company (2022)
• B-80 project (Mumbai Offshore Basin)

What's included

This report contains:

• Asia-Pacific upstream in brief archive - H2 2018.pdf

  PDF 1.55 MB

• Asia-Pacific upstream in brief

  PDF 22.47 MB

• Asia-Pacific upstream in brief archive - H2 2019.pdf

  PDF 1.22 MB