Monthly Archives: March 2013

Indonesia Awards 14 New Oil, Gas Blocks

by  Dow Jones Newswires|Deden Sudrajat| Thursday, March 21, 2013   JAKARTA – The Indonesian government Thursday awarded 14 new oil and gas blocks to investors as the former member of the Organization of Petroleum Exporting Countries struggles to boost crude … Continue reading

Posted in E&P, Exploration, Indonesia, Upstream | Tagged , , , , , , , , , , | Leave a comment

Petronas awards RM6bil LNG job to Japan’s JGC

Friday March 15, 2013 PETALING JAYA: Petroliam Nasional Bhd (Petronas) has awarded a contract worth nearly US$2bil (RM6.2bil) to Japan’s JGC Corp to build a liquefied natural gas (LNG) train in Bintulu, Sarawak. StarBiz reported on Wednesday, citing information from international oil and gas newspaper Upstream, that … Continue reading

Posted in EPC, Malaysia, Midstream | Tagged , , , , , , , , | Leave a comment

ExxonMobil Major Projects to Deliver 1 Million Oil-Equivalent Barrels by 2017; Liquids Production to Rise on Average by Four Percent Per Year

Wednesday, March 6, 2013 9:00 am EST   NEW YORK–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) anticipates major project start-ups will deliver 1 million oil-equivalent barrels over the next five years, Rex W. Tillerson, chairman and chief executive officer, said today at the … Continue reading

Posted in Downstream, E&P, Global, Midstream, Singapore, Upstream | Tagged , , , | Leave a comment

ConocoPhillips Announces Three Agreements with PetroChina

02-20-2013 HOUSTON – ConocoPhillips (NYSE: COP) today announced that it has entered into a set of agreements with PetroChina Company Ltd. (PetroChina) whereby PetroChina will acquire an interest in two Western Australia exploration assets and establish a Joint Study Agreement … Continue reading

Posted in Australia, China, E&P, Exploration, Upstream | Tagged , , , , , , , | Leave a comment

Operators ramp up activity offshore Asia

Bruce Beaubouef Managing Editor Offshore Magazine February 2013, Volume 73, Issue 02   Economic growth in the Asia/Pacific region is driving demand for oil and gas increasingly offshore, and international operators and national oil and gas companies are taking action on … Continue reading

Posted in China, E&P, Exploration, Indonesia, Malaysia, Philippines, Thailand, Upstream, Vietnam | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Thai PTT Global Chemical, Pertamina plan $5 bln Indonesia petchem plant

Wed Mar 13, 2013 4:00am EDT * Project includes 1-mln tonne olefins plant, polymer facility * PTTGC aiming to expand abroad, especially in SE Asia (Adds company comments, details) (Reuters) – Indonesia’s state-owned oil and gas firm, Pertamina, has selected … Continue reading

Posted in Downstream, Indonesia, Thailand | Tagged , , , , , , | Leave a comment

Petronas to pay government RM27b dividend

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is paying some RM27 billion as dividend to the government this year, said its president and chief executive officer Tan Sri Shamsul Azhar Abbas. “We have basically agreed with the government that the 2013 dividend … Continue reading

Posted in Malaysia | Tagged , , , , | Leave a comment