Tag Archives: projects

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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Exxon expects flat output in 2014, spending to drop 6 pct

REUTERS Wed Mar 5, 2014 2:42pm EST Investors who had expected production growth sent shares down 3 percent in earlier trading. The company’s current outlook for output, provided at an annual meeting with investors, was adjusted from a year-earlier to … Continue reading

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Pertamina EP Plans $400 Million E&P Spend in 2014

Fri, March 07 2014, 11:18 AM Raras Cahyafitri and Arya Dipa, The Jakarta Post, Jakarta/ Bandung, west java | Business Pertamina EP, the upstream subsidiary of state-owned oil and gas giant PT Pertamina, will allocate US$400 million to drilling activities … Continue reading

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