Pan Orient Energy Corp has entered into an agreement for the sale of a 50-per-cent equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Company Limited, of Thailand, for a cash price of USD 42.5m, including a working capital adjustment of USD 2.4m
BASF is further strengthening its production footprint in Asia Pacific with the start-up of its first production plant for polymer dispersions in Pasir Gudang, Malaysia
Alam Maritim Resources Berhad has announced that Alam Hidro (M) Sdn Bhd, a wholly-owned subsidiary of Alam, has received a Letter of Award from a reputable local main contractor for the provision of air/saturation diving services at an inshore repair and maintenance project in Kedah for a total contract sum of approximately USD 2.75m
Inpex Corporation has announced that through its wholly-owned subsidiary, Inpex Offshore South West Sabah, Ltd., it has reached an agreement to transfer 10 per cent of its participating interest in the Deepwater Block R to Santos Sabah Block R Limited
The Myanmar-China oil pipeline has been officially inaugurated in a ceremony involving government and business representative from China and Myanmar, according to state news agency Xinhua
KrisEnergy has announced that a 300 kilometre 2D seismic acquisition programme has commenced recording in the Udan Emas production sharing contract (PSC) onshore West Papua
JGC Corporation has announced that, as a part of a consortium with JGC Group company, JGC Malaysia, it has been awarded a contract by Petronas LNG 9 Sdn. Bhd.(PL9SB), a wholly-owned subsidiary of Petronas
Gazprom Marketing & Trading Singapore, company of Gazprom Group and Yamal Trade have signed a long-term sales and purchase contract for liquefied natural gas (LNG) from the Yamal LNG project
