Monthly Archives: July 2016

Exxon to Buy Gas Explorer InterOil for Up to $3.6 Billion

by  Bloomberg, Joe Carroll Thursday, July 21, 2016 (Bloomberg) – Exxon Mobil Corp. agreed to buy natural gas explorer InterOil Corp. for as much as $3.6 billion to acquire discoveries in Papua New Guinea that will feed the buyer’s existing … Continue reading

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Thai PTTEP gets to operate SK410B block in Malaysia

Malaysia’s Petronas has awarded a Production Sharing Contract (PSC) to Thai PTTEP, Kuwait’s KUFPEC, and Malaysia’s Petronas Carigali Sdn Bhd for the exploration Block SK410B. The PSC was signed at Petronas Twin Towers, in the presence of the President and CEO of Petronas, Zulkiflee Wan Ariffin. … Continue reading

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PETRONAS hires Vestigo as Berantai operator

Wednesday, 20 July 2016 23:22 Written by  Audrey Raj Following the cessation of the Berantai field’s risk service contract (RSC) with the previous contractors, PETRONAS has appointed its wholly-owned unit, Vestigo Petroleum, to continue the operations and maintenance of the … Continue reading

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Amec Foster secures services contract for $5bn Cilacap refinery upgrade project in Indonesia

EBR Staff Writer Published 21 July 2016 Amec Foster Wheeler has received contract from PT Pertamina (Persero) and Saudi Aramco for upgrade and expansion of the 348,000 barrels per day Cilacap refinery in Central Java. Under the contract, Amec Foster … Continue reading

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BP to Invest in Tangguh Expansion Project (Train 3)

04 July 2016 London-based BP, one of the world’s leading oil and gas companies, submitted its final investment development decision to expand the Tangguh liquefied natural gas (LNG) facility (the Train III project) in West Papua, Indonesia. According to a … Continue reading

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SapKen signs gas sales agreement with Petronas

Tuesday, 28 June 2016 PETALING JAYA: SapuraKencana Petroleum Bhd (SapKen) has signed the SK310 upstream gas sales agreement in relation to the production of gas from the B15 gas field. SapKen said its wholly owned subsidiary, SapuraKencana Energy Sarawak Inc … Continue reading

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PETRONAS ends Berantai contract with Petrofac

By Chong Jin Hun & Gho Chee Yuan / The Edge Financial Daily   | July 12, 2016 : 9:01 AM MYT KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) is taking back control to develop the Berantai gas field, … Continue reading

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