Woodside launches new drilling campaign offshore Myanmar

PERTH, Australia – Woodside Energy has started a three-well exploration drilling campaign offshore Myanmar. Wells will be drilled in blocks A-7, AD-1, and AD-8. Elsewhere, the VLCC oil tanker that will be converted to an FPSO for Woodside’s Sangomar oil project offshore Senegal has been cleaned out, and the vessel is preparing to depart for […]

Offshore OFS Could Get Major Boost in SE Asia

Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, according to Norwegian energy research firm Rystad Energy. That’s thanks to megaprojects in Malaysia, Myanmar and Vietnam with new final investment decisions (FIDs) expected in 2021 for Vietnam, Indonesia and Brunei. “We anticipate that […]