Page 1 - AsianOil Week 10
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Issue 710 12•March•2020 Week 10
Spending review
Asian oil producers are reassessing their upstream budgets after this week’s oil price crash.
Deepwater driller
State-run ONGC has tested the first well at its deepwater KG-D5 block in India’s KG Basin.
Internal merger
China’s state-owned CNOOC is reportedly planning to hand control of its natural gas and power division to listed unit CNOOC Ltd.
Transformational growth
Senex’s natural gas projects in Queensland have exceeded expectations and should triple the company’s production within the next couple of years.