Tag Archives: projects

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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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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First Gas for World’s First Operational FLNG

By MarEx 2016-11-18 17:11:01 Petronas’ first floating liquefied natural gas (FLNG) facility, PFLNG Satu achieved its first gas milestone this week at the Kanowit gas field, offshore Sarawak, Malaysia. The introduction of gas from the KAKG-A central processing platform at … Continue reading

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Petronas delays PFLNG 2 amid slump

Monday, 29 February 2016 08:13. Written by  Melissa Sustaita  Malaysia’s Petronas is pumping the breaks on its Petronas floating LNG 2 (PFLNG 2) project after the company suffered lower revenue and profit last year due to the low oil price environment. … Continue reading

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ExxonMobil to start up 16 major oil and gas projects in the next 3 years

Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017. “Our long term capital allocation approach … Continue reading

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Shell begins Gumusut-Kakap deep-water operations

Published: Thursday October 9, 2014 MYT 12:00:00 AM PETALING JAYA: Sabah Shell Petroleum Co Ltd has started oil production from the Gumusut-Kakap floating platform off Sabah’s coast, the latest in a series of Shell deep-water projects. The Gumusut-Kakap field is … Continue reading

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Shell Sells Woodside Petroleum Shares

Anglo-Dutch Company Is Selling 156.5 Million Shares for $5.7 Billion By ROSS KELLY Updated June 17, 2014 2:46 a.m. ET SYDNEY— Royal Dutch Shell PLC is selling a major stake in Australia’s second-largest oil and gas producer for $5.7 billion, in the … Continue reading

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