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Monthly Archives: February 2016
Barakah Offshore wins Petronas FLNG1 deal
February 16, 2016 Barakah Offshore Petroleum informed on Tuesday that its subsidiary PBJV Group won a subcontract for offshore works on Petronas’ first floating LNG facility, the PFLNG1. Under the contract, PBJV will provide engineering, procurement, installation and related activities for … Continue reading
Posted in E&P, EPC, Malaysia, Production, Upstream
Tagged dsme, pbjv, Petronas, pflng, pflng1, production, shipyard
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Australia’s LNG industry: $54 billion Chevron-led Gorgon project to ship first cargo
REUTERS, Thu Feb 25, 2016 4:31am EST http://www.reuters.com/article/australia-lng-export-projects-idUSL3N16108R
Posted in Australia, E&P, Production, Upstream
Tagged capex, Chevron, conoco, exxon, exxonmobil, inpex, investment, lng, Petronas, santos, shell, total, woodside, Woodside Petroleum Ltd.
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Oil Rout Casts Doubt On Woodside’s Key LNG Project
Tue Feb 16, 2016 7:39pm EST * Year net profit slumps 99 pct on writedowns * Core profit halved to $1.1 bln, beats forecasts * Browse LNG cost cuts offset by weak oil price * Woodside shares down 3.4 pct … Continue reading
Posted in Australia, E&P, Myanmar, Upstream
Tagged browse lng, lng, woodside, Woodside Petroleum Ltd.
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Chevron Announces First Gas from the Chuandongbei Project in Southwest China
SAN RAMON, Calif., Jan. 26, 2016 –Chevron Corporation (NYSE: CVX) announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of … Continue reading
Shell to sell stake in Malaysian plant to China private refiner
Tuesday, 2 February 2016 | MYT 7:21 AM SINGAPORE: Royal Dutch Shell said on Monday it had agreed to sell its shares in Shell Refining Company in Malaysia to a unit of a private Chinese refiner for $66.3 million. It … Continue reading