Monthly Archives: October 2014

BP Announces Onshore Front End Engineering and Design Contracts for Tangguh Expansion Project

Press Release date: 22 October 2014 Jakarta – On behalf of the Tangguh Partners, BP is pleased to announce the following two consortia have been awarded the onshore Front End Engineering and Design (FEED) for the $12 billion Tangguh Expansion … Continue reading

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SKKMigas Expects Banyu Urip Field to Commence Production in February 2015

by  Cheang Chee Yew, Rigzone Staff|Monday, September 22, 2014 Indonesia’s upstream oil and gas regulator SKKMigas expects the Banyu Urip oil field in Cepu, East Java to commence full production early next year as development work nears completion, a senior executive … Continue reading

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Shell begins Gumusut-Kakap deep-water operations

Published: Thursday October 9, 2014 MYT 12:00:00 AM PETALING JAYA: Sabah Shell Petroleum Co Ltd has started oil production from the Gumusut-Kakap floating platform off Sabah’s coast, the latest in a series of Shell deep-water projects. The Gumusut-Kakap field is … Continue reading

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PTTEP earmarks $3.3 bn for Myanmar

The Nation September 17, 2014 1:00 am Investment budget set till end-2018 as energy giant celebrates 25th year in neighbouring country PTT Exploration and Production (PTTEP) will invest a total of US$3.3 billion (Bt106.4 billion) in Myanmar through to the … Continue reading

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Chevron vows to use ‘lessons learned’ after Angola LNG missteps

BY ERNEST SCHEYDER MINNEAPOLIS Thu Sep 18, 2014 6:02am EDT (Reuters) – A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world. … Continue reading

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Pertamina Buys $2 Billion Stake in Murphy Malaysian Asset

BLOOMBERG By Jim Polson Oct 1, 2014 4:25 AM GMT+0800 PT Pertamina, Indonesia’s state-owned energy company, agreed to buy a 30 percent stake in Murphy Oil Corp. (MUR)’s oil and natural gas assets in Malaysia for $2 billion in cash. … Continue reading

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