As FLNG starts to take off on a large scale, a consortium of companies is looking to make it a more cost effective and compact proposition. A consortium of companies has designed a new floating LNG (FLNG) system specifically aimed at small to mid-size gas fields…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
Alam Maritim Resources Berhad announced that its wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, based in Kuala Lumpur, has accepted the award from Petronas Carigali Sdn Bhd, Peninsular Malaysia operations to provide two offshore support vessels (OSVs) to support Petronas’ drilling campaign…
Optio trains workforces Opito International has been awarded a contract with Shell to support the development of training for workers on the Majnoon project. The company will help improve vocational training centers in Basra, training Iraqis to industry expectations and Opito standards…
Red Spider’s remote open close technology, eRed, has been deployed in Malaysia and Vietnam. Working with Petronas in Malaysia, eRed removed wireline runs from completion operations, and reduced wireline interventions in a highly deviated well…
McDermott will supply platforms and flowlines McDermott's Batam Island facilitiesMcDermott International's Indonesian subsidiary has been awarded a contract by PC Muriah Ltd., an affiliate of PETRONAS Carigali Sdn. Bhd., to develop offshore…
BC Petroleum (a ROC, Dialog Group and Petronas venture) discovered 87m of hydrocarbon pay in multiple zones of the Balai-2 well off east Malaysia. Drilled to 2266m TD, Balai-2 targeted a shallow carbonate reservoir and a deeper series of stacked sandstone reservoirs…
Shawn Rice and Joe Gagliardi (center) accepted the award for ION. Presenting the award are OTC Board of Directors Chairman Steve Balint (left), Shell, and OTC Board of Directors member Joe Fowler (right).Igor Kolesnikov and Svetlana Kamaeva (center) accept the award for Transkor…
Prime Minister Stephen HarperCanada grants approval for Nexen, Progress grabsThe Canadian government announced on Friday that it would approve two controversial investments in local firms by foreign state-owned companies.Minister of Industry…
GE Oil & Gas will deliver its gas turbine-driven compressor train technology for a Petronas FLNG project slated for startup in 4Q 2015 offshore Malaysia. To be Asia’s first FLNG project, the facility will be moored about 180km off the coast of Bintulu…
Lundin Petroleum has commenced the fourth well in its 2012 Malaysian drilling campaign with the spud of Tembakau-1 exploration well in PM307 Block, offshore east coast Peninsula Malaysia.The well will target hydrocarbons in Oligocene and Miocene…
With compressed hydrocarbon gas, commonly used offshore to control instruments when compressed air is not available, moisture, particulates or oil in the gas can cause premature wear, damage downstream equipment and trigger malfunctions that make it difficult to control the process efficiently…
Datuk Mohd Anuar is the new head of Petronas’ upstream development and production division, responsible for the division’s activities in Malaysia as well as in 23 countries worldwide. Anuar, who joined Shell in 1990 and served most recently as VP Malaysia…
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