Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
UK-based operator EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysia’s interest in the Seligi oil field and the PM8 PSC, offshore Malaysia, subject to approval by Petronas and conditions. The acquisition will…
Subsea UK will hosts its biennial conference, Subsea Asia, in Malaysia this week, beginning 11 June. With the Malaysian government recently approving new incentives for exploration activity in more challenging deepwater fields, Neil Gordon (pictured)…
SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…
ABS has been awarded the classification contract from Petronas for the company's second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea. ABS has a history working with floating gas concepts…
Petronas has awarded a small field risk service contract (SFRSC) to EQ Petroleum Developments Malaysia Sdn Bhd (EnQuest) and Uzma Energy Venture (Sarawak) Sdn Bhd (Uzma) for the development and production of the Tanjong Baram field, located about 6km offshore Sarawak…
ExxonMobil Exploration and Production Malaysia Inc. has successfully installed the topsides of Tapis R offshore platform at the Tapis field off Terengganu, Malaysia. Tapis R— one of the largest offshore platform in Southeast Asia—is a part of the US$3…
Malaysia's Petroliam Nasional Berhad (Petronas) announced that it has launched the hull of its first floating LNG (PFLNG SATU) facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. The facility…
Tullow Oil's Tapendar-1 exploration well in the C-10 license, offshore Mauritania, has not encountered hydrocarbons and the well is being plugged and abandoned. Tapendar-1 is the second exploration well in Tullow’s Mauritania exploration campaign…
Shell announced a deepwater natural gas discovery off Malaysia. The successful Rosmari-1 well is 135km off the coast of Sarawak, in the South China Sea (Block SK-318). It was drilled to a total depth of 2123m and encountered a gas column of more than 450m…
PETRONAS and Shell have made an oil discovery offshore Sabah, Malaysia. The discovery was made via the Limbayong-2 well during the appraisal of the Limbayong gas field by Shell. The appraisal well encountered 136 metres of oil bearing sands…
Roc Oil Ltd. has farmed in to a production sharing contract (PSC) in three fields about 50m off Malaysia. The D35, D21 and J4 fields are 100% owned and operated by Malaysia’s Petronas Carigali, with Roc Oil holding 50% participating interest…
Petronas has reached the final investment decision(FID) for its second FLNG facility project, off the coast of Sabah in Malaysia. The FID was approved by the Petronas board on 23 Jan 2014. Subsequently, Petronas has issued a letter of award for the engineering procurement…
Subscribe
