On 30 April 2015, Statoil completed their sale of 15.5% share in Shah Deniz to PETRONAS, announced previously on 13 October 2014. The sale involved the transfer of Statoil’s 15.5% participating interest in the Shah Deniz production sharing agreement…
2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source. With the announcement that Shell is targeting a US$70 billion deal for BG Group, and in doing so increasing their current LNG capacity to around 33 million tons per annum…
Lundin’s first development project offshore Malaysia, the Bertam field, is now onstream, with plans to continue with production from remaining wells throughout 2015. Malaysia drilling operations…
The US$18.5 billion Santos GLNG project is approaching its 95% complete mark and is expected to produce first LNG around the end of 3Q 2015. From Santos GLNG. Previous guidance for first LNG was in 2H 2015…
Japanese exploration firm JX Nippon Oil & Gas Exploration's Malaysia subsidiary is planning two further exploration wells offshore Malaysia after confirming a deepwater oil discovery. The Bestari-1 exploration well, the first drilled in Deepwater Block R (the Block)…
When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…
Premier Oil’s Pelikan is onstream after gas production began from the field, offshore Indonesia. Map from Premier Oil. The Pelikan field is located in the Natuna Sea Block A and has 75 Bcf of reserves…
Petronas' bid to farm in to a Celtic Sea block offshore south east Ireland has been approaved by the Irish Government - the firm is now firming-up drilling plans. Through its 100%-owned subsidiary Kinsale Energy, the Malaysian firm will…
JGC Corp awarded ABB a US$50 million contract to supply the electrical system for one of the world’s first commercial floating liquefied natural gas (FLNG) facilities, and the second to be owned by Malaysian oil and gas company Petronas, the PFLNG2…
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…
Malaysia’s national oil and gas company Petronas awarded GE Oil & Gas a contract to supply gas turbine-driven compressor train and mechanical drive technology for the second floating liquefied natural gas (FLNG) facility off the coast of East Malaysia…
Singapore’s Keppel is in a deal with Malaysia’s Petronas to buy up to 1 million-tonne of liquefied natural gas (LNG) per year, over a period of 10 years. The deal is between Keppel Infrastructure Holdings through its indirect wholly-owned subsidiary…
Wood Group has been awarded a multi-year contract by ExxonMobil Exploration and Production Malaysia Inc (EMEPMI), a subsidiary of Exxon Mobil Corporation. Wood Group PSN and Wood Group Mustang will deliver brownfield engineering, procurement…
Shell and Petronas Carigali and moving forward in the E6 field development offshore Sarawak, Malaysia after making a final investment decision (FID). Shell's Malaysian offshore platform. From Shell. E6…
North Celtic Sea focused explorer Lansdowne Oil & Gas has entered into a farm-in agreement with PSE Kinsale Energy - a wholly owned subsidiary of Malaysia's Petronas. Under the terms of the agreement, Kinsale Energy will acquire an 80%…
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