Category Archives: E&P

KrisEnergy to extract Cambodia’s first oil in 2019

By: Euan Black – POSTED ON: October 20, 2017 The Singaporean company has taken a significant step towards producing Cambodia’s first ever barrel of oil KrisEnergy, the Singaporean oil and gas company that operates Cambodia’s offshore Block A in the … Continue reading

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Petronas says second floating LNG facility to be operational in 2020

Reuters Staff KUALA LUMPUR (Reuters) – Malaysian state-owned oil firm Petroliam Nasional Bhd said on Sunday its second floating liquefied natural gas (LNG) facility will be operational in 2020. Petronas loaded its first cargo from the Petronas Floating LNG (PFLNG) … Continue reading

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North Malay Basin platforms deliver first gas

07/27/2017 Offshore staff NEW YORK – Gas production has started from the Hess-operated North Malay Basin full-field development in the Gulf of Thailand, following hookup of the topsides for the central processing platform. Commissioning activities continue. Hess expects its net production to ramp … Continue reading

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Shell scraps sale of $900m Thai gas field stake to KUFPEC

EBR Staff Writer Published 04 October 2017 Royal Dutch Shell has scrapped its $900m deal to divest its stake in the Bongkot gas and condense field in Thailand to a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC). The parties … Continue reading

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Six companies said to be shortlisted for Petronas’ MCM jobs

May 24, 2017 16:00 pm MYT Jose Barrock / The Edge Malaysia This article first appeared in The Edge Malaysia Weekly, on May 15, 2017 – May 21, 2017.   A handful of oil and gas companies — Dayang Enterprise Holdings … Continue reading

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Indonesia changes production-sharing terms

HOUSTON, Jan. 20 01/20/2017 By OGJ editors The government of Indonesia has implemented new production-sharing terms for oil and natural gas. The Ministry of Energy and Mineral Resources issued regulations for the new “gross-split contract,” which is based on gross … Continue reading

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PTTEP divests 50% participating interest in Myanmar MD-7 project

March 09, 2017 01:00 By THE NATION PTT EXPLORATION and Production has entered a partnership agreement with Total E&P Myanmar to divest its 50-per-cent participating interest in the Myanmar MD-7 Project, while PTTEP remains the operator of the project. The … Continue reading

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