Category Archives: Exploration

Mubadala confirmed as operator of offshore Aceh PSC

25-May-2018, Offshore Staff ABU DHABI, UAE – Mubadala Petroleum has signed a production-sharing contract (PSC) for Andaman I, as awarded by the government of Indonesia under the country’s 2017 License Round. The company is also a partner to operator Premier Oil in the … Continue reading

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Eni gains further PSC in gas-rich basin offshore Indonesia

05/04/2018 SAN DONATO MILANESE, Italy – Indonesia’s government has awarded Eni a 100% operated interest in the East Ganal deepwater exploration block in the Kutei basin. This is a new “gross split” production-sharing contract (PSC) covering 5,100 sq km (1,969 sq mi) and … Continue reading

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Sapura E&P keeping a low profile for high rewards

Date: 8.05.2017. Publication Source: Upstream Online Sapura Exploration & Production is the quiet achiever of the Malaysian upstream sector, staying out of the spotlight while it progresses its plan to become a major gas producer. The company’s low-profile approach is … Continue reading

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Mubadala Petroleum signs production sharing contract for Indonesian gas field

The pact has the potential to unlock a new gas play for domestic consumption The National April 9, 2018 Updated: April 10, 2018 02:56 PM Mubadala Petroleum, a subsidiary of the Abu Dhabi strategic investment firm Mubadala Investment Company, has … Continue reading

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Petronas makes deepwater oil and gas discovery off Gabon

5-March-2018 Offshore staff KUALA LUMPUR, Malaysia – Petronas subsidiary PC Gabon Upstream S.A. (PCGUSA) has discovered oil and gas with the Boudji-1 well in block F14 (Likuale) offshore southern Gabon. The exploration, drilling in 2,800 m (9,186 ft) of water, encountered 90 m (295 ft) … 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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Successful production from Petronas’ first floating lng facility

December 10, 2016, Saturday KUCHING: Petroliam Nasional Bhd’s (Petronas) first floating liquefied natural gas (LNG) facility, PFLNG Satu has achieved an industry breakthrough with the successful production of its first drop of LNG from the Kanowit gas field, offshore Sarawak … Continue reading

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