Tag Archives: strategy

Indonesia’s Small-Scale LNG Plans Face Several Challenges

by  Tim Daiss| Rigzone Contributor Friday, April 15, 2016 Last year, Indonesian President Joko Widodo set a goal for the nation’s electrification ratio to reach 100 percent by 2019, his last year in office. In order to reach this goal power … 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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Musings: It’s Official – Oil Industry Enters The New Era Of Austerity

by  G. Allen Brooks | PPHB LLC | Thursday, March 20, 2014 This opinion piece presents the opinions of the author. It does not necessarily reflect the views of Rigzone. Last week, Chevron (CVX-NYSE), the second largest oil company, held … Continue reading

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Shell sells out of Wheatstone for $1.1bn

The Sydney Morning Herald January 21, 2014   Kuwait Foreign Petroleum Exploration Co has struck a deal to buy Royal Dutch Shell out of Chevron’s Wheatstone liquefied natural gas project in Western Australia for $US1.135 billion ($1.3 billion) in what … Continue reading

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Shell and UAE’s Mubadala swap Malaysian offshore field stakes

Sun Jan 19, 2014 3:49pm IST Jan 19 (Reuters) – Royal Dutch Shell and Mubadala Petroleum have swapped equity stakes in two exploration blocks off Malaysia, the companies said on Sunday. Mubadala has taken a 20 percent interest in the … Continue reading

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PTTEP reveals 2013 achievement and five-year plans

PTTEP Newsroom 07 Jan 14 Increase sales volume to 292,000 barrels of oil equivalent per day or a rise of 6% Accelerated development plan to increase our proved reserves life (R/P) to 10 years Invests over USD 27,000 million in … Continue reading

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PTTEP Keen to Add Hess’ Southeast Asian Assets to Portfolio

Rigzone Staff 11/28/2013 PTT Exploration and Production Plc (PTTEP), Thailand’s national upstream energy firm, has set its sights on adding mature upstream assets in Thailand and Indonesia that have been put on sale by U.S. independent oil and gas company (IOC) … Continue reading

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