Psc News

 

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Oct 22, 2024

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia formerly known as Baron Oil, has delayed the start of drilling operations for the Chuditch-2 appraisal well off Timor Leste to the second quarter of 2025Sunda Energy…

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

Jul 26, 2024

Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…

First Gas Starts Flowing at SapuraOMV’s Jerun Platform Off Malaysia

Jul 09, 2024

Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…

Maryland Sets Course for Offshore Wind Energy Expansion

May 14, 2024

Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031.The bill…

Panoro Energy Agrees Terms for Oil and Gas Block Offshore Guinea

Apr 04, 2024

Oslo-listed oil and gas company Panoro Energy has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.The Heads of Terms agreement signed by Panoro, GEPetrol (the national oil company)…

Chuditch-2 Appraisal Well Surveys in Full Swing Offshore Timor-Leste

Mar 29, 2024

SundaGas Banda Unipessoal, a subsidiary of UK-based oil and gas company Baron Oil, has completed geophysical site surveys at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste, and is planning to start a new one next month…

Baron Oil Schedules Site Survey at Timor-Leste Gas Field

Feb 12, 2024

Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…

Tower Resources Gets Exploration License Extension in Cameroon

Feb 08, 2024

Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.Tower Resources received formal notification from the Minister of Mines, Industry and Technological Development…

Production Starts at Akpo West Field Offshore Nigeria

Feb 07, 2024

TotalEnergies and its partners have started the production from the Akpo West field on the PML2 license in Nigeria.Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo floating production storage and offloading (FPSO) facility…

Island Innovator Kicks Off Infill Drilling Ops Offshore Equatorial Guinea

Jan 22, 2024

The three-well infill drilling campaign at Equatorial Guinea’s offshore Block G – operated by Trident Energy, with partners Panoro, Kosmos Energy and GEPetrol – has started, using the Island Innovator semi-submersible drilling rig.The first…

Petronas Secures 20-Year Extension for Java Sea Operations

Jan 04, 2024

Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…

Baron Oil Inks Farm-Up Deal for Timor-Leste Development

Dec 27, 2023

UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste.Baron's wholly-owned subsidiary SundaGas Banda Unipessoal entered the MoU with Timor Gap…

Petronas and PTTEP Sign Deals for Oil and Gas Ops Offshore Malaysia

Dec 26, 2023

Malaysia’s Petronas Carigali and Thai PTTEP have signed agreements related to the development of PTTEP-operated oil and gas Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.Petronas and PTTEP signed a memorandum of…

Mubadala Energy Makes Major Gas Discovery Offshore Indonesia

Dec 19, 2023

Mubadala Energy has made a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, offshore North Sumatra in Indonesia.Mubadala Energy is the operator of the South Andaman Gross Split PSC and this is the first deep water well operated by the company…

Eni Could more than Double Gas Production in Indonesia, Top Exec says

Oct 31, 2023

Italy's Eni could more than double its gas production in Indonesia thanks to the development of a recent discovery and potential synergies with assets it already owns, a company executive said on Friday.Eni announced earlier this month a gas find at Geng North-1…

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