Petronas News

Providence to take North Celtic Sea stake

Dec 03, 2015

Providence Resources has agreed an option with Petronas subsidiary PSE Kinsale Energy to take a stake in the southern portion of Offshore Petroleum Lease 1 (OPL 1) adjacent to the Barryroe oil field in the North Celtic Sea Basin.   Under the terms of the option…

PFLNG2 keel laid in Korea

Nov 09, 2015

Petronas has laid the keel of its second floating LNG vessel, the Petronas Floating LNG2, in Geoje Island, South Korea. JGC Group and Samsung Heavy Industries (SHI), the consortium leading the engineering, procurement, construction, installation and commissioning of PFLNG2…

Statoil in US$221 million TAP divesture

Dec 01, 2015

Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG (TAP) to the Italian gas infrastructure company Snam SpA in a US$220.8 million (€ 208 million) deal…

Lundin abandons dry Malaysian well

Nov 26, 2015

Lundin Petroleum Selada-1 exploration well in Block PM308A, offshore Malaysia, has been plugged and abandoned after being found to be dry. The well was targeting hydrocarbons in Miocene aged sands about 14km to the south of the Bertam field operated by Lundin Malaysia…

Airborne inks latest composite pipe contract

Nov 27, 2015

A West African operator selected Airborne Oil and Gas’s thermoplastic composite pipe (TCP) technology as the preferred solution for injecting large volumes of stimulation fluids offshore in deep water offshore West Africa. Airborne Oil & Gas will supply a 1450m-long…

BG Group, Woodside start Myanmar seismic

Nov 20, 2015

Two seismic acquisition campaigns are due to start offshore Myanmar in coming weeks according to reports of a notice in state media from the country. UK-based BG Group and Australia’s Woodside Energy will both start 3D campaigns later this month using the Ramform Sovereign and Ramform Titan…

SKE gains Malaysia field approval

Nov 04, 2015

SapuraKencana Energy (SKE) secured the approval from Petronas for the field development plan (FDP) for the SK310 B15 gas field development project, offshore East Malaysia.   The B15 field, which was discovered in December 2010, is located…

Lundin spins Malaysian bit

Nov 09, 2015

Lundin Petroleum has started drilling the Selada-1 exploration well in Block PM308A, offshore Malaysia.  The well will target hydrocarbons in Miocene aged sands and is located 14km to the south of the Bertam field, operated by Lundin…

Lundin in small Malaysian gas find

Oct 26, 2015

Lundin Petroleum's Malaysian subsidiary, Lundin Malaysia, has made a small gas discovery with the Mengkuang-1 exploration well in license PM307, offshore Malaysia. Lundin announced the well had been spud in early October, and the operation…

JX Nippon picks Technip for Layang

Oct 22, 2015

JX Nippon Oil and Gas Exploration (Malaysia) has awarded Technip a subsea contract for the Layang field, Block SK10, offshore Sarawak, Malaysia. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9…

Lundin spuds Malaysian well

Oct 02, 2015

With the spud of the Mengkuang-1 exploration well, in license PM307, Lundin Petroleum has resumed exploration offshore Malaysia. Lundin says the well will target hydrocarbons in Miocene-aged sands 75km to the northwest of the Lundin-operated Bertam field…

Record interest in Irish offshore

Sep 21, 2015

The largest number of applications in an Irish offshore licensing round have been submitted in the 2015 Atlantic Margin Licensing Round.  Some 43 applications for licensing options, from majors and independents, were submitted by the Friday 16 September deadline…

Petronas picks Technip for D18 project

Sep 08, 2015

Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd (PCSB) for the D18 Project. The project covers the procurement and installation of two 8” water injection flexible pipes totalling 9…

Santos starts GLNG production

Sep 24, 2015

The Santos-led GLNG project has started producing its first liquefied natural gas (LNG) on Curtis Island, Queensland, on schedule and within budget, the company said. Train 1, which welcomed its first gas in August, is producing the gas…

Airborne inks Petronas TCP first

Aug 17, 2015

Following the successful completion of a three-year qualification program of subsea flowline for hydrocarbon service, PETRONAS has requested Airborne Oil & Gas to supply a TCP (thermoplastic composite pipe) Flowline for a pilot project, intended to be installed later this year…

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