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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
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
Posted in Indonesia, Production, Upstream
Tagged development, epf, exxon, exxonmobil, facilities, fso, investment, pertamina, SKKMigas
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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
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
Posted in E&P, Exploration, Myanmar, Production, Thailand, Upstream
Tagged capex, investment, project, pttep
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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
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
Posted in E&P, Indonesia, Malaysia, Upstream
Tagged asset, investment, murphy, pertamina, Petronas, production, psc, sales
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