Santos and its partners have decided to go ahead with the Sampang Sustainability Project (SPP), a project to extend the life of the Sampang area fields, off East Java, Indonesia, to at least 2020. The project will involve switching the…
PT Medco Energi Internasional has agreed to acquire two subsidiaries of ConocoPhillips, seeing it take over the South Natuna Sea Block B production sharing contract, offshore Indonesia, with a 40% working interest. Image from ConocoPhillips…
TIMAS awarded Hilong Petroleum Offshore Engineering a contract to use the Hilong 106 pipe-laying derrick barge to install jackets for the HCML Madura MDA - MBH offshore gas field development project, offshore Indonesia. The project, which is jointly funded by China National Offshore Oil Corp…
Mermaid Maritime’s subsidiaries, Seascape Surveys and PT Seascape Surveys Indonesia have been awarded six different subsea contracts in the Asian region with an estimated US$15 million. The various work scopes include subsea survey, inspection…
Australian explorer AWE has agreed to sell its 42.5% interest in the Bulu production sharing contract, offshore east Java, to a 100% owned subsidiary of HyOil for up to A$27.5 million (US$20.6 million), subject to Indonesian government approval and future development…
KrisEnergy, an independent upstream oil and gas company, announces that it has completed drilling of the Mustika-1 exploration well in the Sakti production sharing contract (PSC) in the East Java Sea. Image from KrisEnergy…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
Contracting activity across the global upstream sector rose 20% in 2Q this year, compared to 1Q, but is still lower than the same period last year, according to the Energy Industries Council's EIC Monitor. The uptick in EPC activity was focused on Brazil and Norway…
Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…
Aging offshore production systems and infrastructures can be given extended lifecycles with today’s creative methods of remediation, standardization, and preventative techniques, say a group of engineers presenting at the recently held Offshore Technology Conference in Houston…
Asia Pacific focused AziPac acquired 50% interest in the North Madura production sharing contract (PSC) located offshore Java Sea, Indonesia. AziPac, through its subsidiary Azipac North Madura, acquired 25% interest from Mitra Energy…
KrisEnergy awarded Singapore-based Synergy Engineering the front-end engineering and design (FEED) for the Lengo gas development offshore East Java, Indonesia. Image of the Lengo platform. From KrisEnergy…
McDermott International has completed the installation of a 3086-ton central processing platform (CPP) topside using the tight-slot floatover method in the Kepodang gas field, Muriah Working Area, offshore Indonesia for Petronas subsidiary PC Muriah…
Indonesian authorities have approved a plan of development (POD) for the Lengo gas field in the Bulu production sharing contract (PSC) offshore East Java. Approval of the POD paves the way for the operator, KrisEnergy, to pursue formal…
McDermott International has concluded the transportation and installation of a Yoke-type single point mooring tower and hook-up to a floating storage offloading (FSO) vessel for PT Rekayasa Industri offshore Indonesia in the Banyu Urip field…