Category Archives: Upstream

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

Posted in E&P, Production, Thailand, Upstream | Tagged , , , , , | Leave a comment

PETRONAS to award maintenance jobs soon

Jose Barrock / The Edge Malaysia September 25, 2017 15:00 PM MYT This article first appeared in The Edge Malaysia Weekly, on September 18, 2017 – September 24, 2017 PETROLIAM Nasional Bhd (Petronas) is understood to have conducted a pre-award … Continue reading

Posted in Malaysia, Upstream | Tagged , , , , , , , , , , , | Leave a comment

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

Posted in E&P, EPC, Malaysia, Upstream | Tagged , , , , , , , , , | Leave a comment

SapuraKenacana seals $97m in Petronas contracts

03 March 2017 SapuraKencana Petroleum (SapKencana) has picked up a raft of smallish jobs worth a total of $97.4m, the Malaysian oil and gas services provider said in a press release. SapKencana said that the deals were done through its … Continue reading

Posted in EPC, Malaysia, Upstream | Tagged , , , | Leave a comment

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

Posted in E&P, Exploration, Indonesia, Production, Upstream | Tagged , , | Leave a comment

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

Posted in E&P, Myanmar, Upstream | Tagged , | Leave a comment

Shell’s Divestment Push Reaches Thailand in $900 Million Sale

by Dan Murtaugh January 31, 2017, 12:41 PM GMT+8 Kuwait Petroleum unit to buy 22.2% stake in Bongkot gas field Sale is part of Shell’s $30 billion divestment program Royal Dutch Shell Plc will sell its stake in an offshore … Continue reading

Posted in E&P, Global, Thailand, Upstream | Tagged , , , , | Leave a comment