Monthly Archives: July 2013
PTTEP: New production set to come online in 2014
MENAFN – – 7/30/2013 5:16:56 PM Jul 31, 2013 (Menafn – Bangkok Post – McClatchy-Tribune Information Services via COMTEX) –PTT Exploration and Production Plc (PTTEP), Thailand’s sole petroleum explorer, expects oil and gas production at the firm to rise by … Continue reading
PTTEP: profit rises 38%
Published: 25 Jul 2013 at 18.14 PTT Exploration & Production (PTTEP) Pcl, Thailand’s biggest publicly listed oil and gas explorer, said on Thursday that profits rose 38% in the second quarter on higher prices and increased sales of oil and gas. Net … Continue reading
PTTEP aiming to beef up Arthit platforms punch
Upstream Staff 26 July 2013 02:58 GMT Thailand’s PTTEP has turned its attention back to the Gulf of Thailand where the state-owned operator is looking to add up to another dozen platforms at its flagship Arthit gas condensate development to … Continue reading
ARCHIVE: ConocoPhillips Plans to Make Additional US$5b Investment in Malaysia
18 May 2012 NEW YORK: At least two major American companies have expressed their interest to Prime Minister Datuk Seri Najib Razak to make additional investments in Malaysia, thus attesting their continued confidence in the government’s efforts to create a … Continue reading
Wood Group PSN wins ExxonMobil PNG LNG contract
Posted on Jul 23rd, 2013 Wood Group PSN (WGPSN) has been awarded a contract by Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation, to provide engineering, procurement,construction and maintenance services to support its Papua New Guinea (PNG) liquefied natural … Continue reading
Inpex delays Indonesia Abadi LNG project startup to 2019
Reuters – UK Focus – Tue, Jun 25, 2013 06:09 BST JAKARTA, June 25 (Reuters) – Construction delays are likely to push back the start of production at the Abadi gas field in eastern Indonesia, operated by Japan ‘s Inpex, until 2019, the … Continue reading
Indonesia offers 21 oil and gas blocks in tender
(Corrects number of unconventional gas blocks offered, removes references to coalbed methane blocks.) May 17 (Reuters) – Indonesia opened a rights tender for 21 oil and gas exploration blocks on Friday, two of which are for unconventional gas concessions on the islands of … Continue reading
Indonesian oil, gas firms may get bigger slice of pie
Amahl S. Azwar The Jakarta Post Publication Date : 05-07-2013 In a move to attract more investors into the upstream sector, Indonesia planned to give oil and gas companies a bigger share of upcoming production-sharing contracts (PSC), a top official … Continue reading
Shell to develop world’s deepest offshore oil platform
Reuters, Wed May 8, 2013 4:41pm EDT * To develop offshore project to drill almost 3km down * Targets first production in 2016 * Confidence in offshore development despite weaker oil prices * Ultra-deep wells on avg 11.5 times more effective … Continue reading
Hyundai Heavy Develops FLNG Model
by Hyundai Heavy Industries Co. Ltd. | Press Release | Thursday, January 05, 2012 Hyundai Heavy Industries announced that it completed developing its own Hyundai FLNG (Floating Liquefied Natural Gas Plant) model in association with Linde AG, an international … Continue reading
Asia Pacific Oil & Gas News 