Category Archives: Production

Mubadala Progresses on Pegaga Field After Sanction

26 March 2018 Mubadala Petroleum, Petronas, and Royal Dutch Shell have reached final investment decision (FID) for the Pegaga gas field development. The three companies will partner to spend more than $1 billion developing the project, which will now proceed … Continue reading

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Eni approves development plan for Merakes discovery, offshore Indonesia

4/18/2018 MILAN — Eni announces the approval of a development plan for the Merakes field, offshore East Kalimantan, Indonesia. The energy minister granted approval just three months after the submission of the plan and less than 11 months after Eni … Continue reading

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Tokyo Gas Signs Non-Destination Clause Contract With Malaysia LNG

22 March 2018 Week 11 Issue 511 Tokyo Gas has signed a new 13-year supply contract with Petronas subsidiary Malaysia LNG that includes flexible destination clauses. The major innovation complies with an anti-monopoly ruling made in 2017 by Japan’s Fair … Continue reading

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Sapura Energy bags contract from Mudabala Petroleum

By NST Business – March 21, 2018 @ 3:05pm (GMT +8) KUALA LUMPUR: Sapura Energy Bhd secured a contract from Mubadala Petroleum to undertake engineering, procurement, construction, installation and commissioning (EPCIC) works for the Pegaga gas development field in Block SK320, offshore Sarawak. … Continue reading

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Shell sees potential LNG supply shortage as global demand surges

February 26, 2018 By PennEnergy Editorial Staff Source: Shell The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook. … Continue reading

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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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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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