Tag Archives: total

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

Australia’s Ichthys LNG dealt blow as major contractor pulls plug

* CIMIC pulls out of building power station to supply Ichthys LNG * Ichthys operator Inpex says power station 89 pct complete * Ichthys LNG Jul-Sept 2017 start-up likely to be delayed By Henning Gloystein SINGAPORE, Jan 25 Australia’s over … Continue reading

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

Pertamina starts preparations for Mahakam gas block

Raras Cahyafitri, The Jakarta Post, Jakarta | Business | Wed, February 24 2016, 8:21 AM – State-owned oil and gas firm Pertamina has begun preparations for the operation of the gas-rich Mahakam block, which it will take over late next … Continue reading

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

TOTAL TO CUT SPENDING ON INDONESIA’S MAHAKAM BLOCK BY 42% IN 2016

Jakarta (Platts)–24 Dec 2015 207 am EST/707 GMT   France’s Total plans to cut its spending in Indonesia’s giant but aging Mahakam gas block by 42% to $1.1 billion next year from $1.9 billion this year due to lower oil … Continue reading

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

Australia’s LNG industry: $54 billion Chevron-led Gorgon project to ship first cargo

REUTERS, Thu Feb 25, 2016 4:31am EST http://www.reuters.com/article/australia-lng-export-projects-idUSL3N16108R

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

Minority Stake for Total and Inpex in Indonesia’s Mahakam Oil-Gas Field

By BEN OTTO and DEDEN SUDRAJAT WSJ, Updated June 19, 2015 6:36 a.m. ET Pertamina granted 70% control of field that accounts for a quarter of Indonesia’s gas output JAKARTA, Indonesia—Indonesia will grant state-owned Pertamina 70% control of its giant Mahakam oil-gas … Continue reading

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