Pearl gets Karana PSC

Offshore staff

SINGAPORE -- Pearl Energy Ltd. was awarded a production sharing contract for Karana offshore Indonesia. Pearl will hold 100% of the 5,390 km² (2,081 mi²) tract in the Makassar Straits between Kalimantan and Sulawesi islands.

"We are delighted to have been awarded as operator the Karana PSC, which lies to the north and east of PEARL's existing Sebuku block and enhances the company's exploration position within the Makassar Straits," said Chris Gibson-Robinson, PEARL's COO. "Indonesia is one of PEARL's core operational areas and this concession strengthens our portfolio and exploration potential."

01/22/2007

Related Articles

‘Largest’ new gantry crane launches Nordic Trym vessel

Dec 19, 2014 The new shipyard facility of Honghua Offshore Oil & Gas Equipment Co. in Jiangsu, China, has launched its first ship, an IMT982 platform supply vessel named Nordic Trym. The vessel was lau...

2H Offshore to deliver lightweight conductor-supported platform

Dec 17, 2014 2H Offshore, an Acteon company, will deliver a lightweight conductor-supported platform for EQ Petroleum Developments Malaysia Sdn Bhd for installation in the Tanjong Baram field, offshore Malaysia.

QIC extends international expansion with new base in Malaysia

Dec 17, 2014

QIC Inc. has established new offices in Kuala Lampur and Labuan, Malaysia, to further serve customers in the Asia/Pacific region.

MultiClient Geophysical awards Nordic Maritime 2D seismic survey

Dec 17, 2014

Nordic Maritime Pte. Ltd. has won a contract to provide 2D seismic survey work offshore Indonesia by MultiClient Geophysical (Pte) Ltd.

Aqualis Offshore signs MSA with Atwood Oceanics

Dec 16, 2014

Aqualis Offshore has signed a master service agreement with offshore driller Atwood Oceanics.

Trending News

CERAWeek 2015: Analyst discusses state of the oil and gas market, economy

Apr 20, 2015

With oil prices still low, and many oil and gas companies laying off thousands, the oil downturn is marking a significant turning point in the energy industry, a panelist discussed Monday at IHS Energy CERAWeek in Houston. 

Platform maintenance spending set to increase, report claims

Apr 20, 2015

Demand for offshore modifications, maintenance, and operations (MMO) services totaled $95 billion last year for the world’s 8,061 offshore platforms, according to analyst Douglas-Westwood.

DEA delegates offshore Norway well planning to AGR

Apr 20, 2015

DEA Norge has contracted AGR for well engineering and operational support for the operator’s drilling programs offshore Norway.

Kongsberg adds new functions to LedaFlow multi-phase flow tool

Apr 20, 2015

Kongsberg Oil & Gas Technologies has released version 1.7 of the LedaFlow transient multi-phase flow simulator.

Proserv, JCE team up in MENA region

Apr 20, 2015

Topsides/subsea engineering group Proserv is to collaborate with hazardous environment specialist JCE Group (UK) in the Middle East and North Africa (MENA) region.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>