Husky/CNOOC agree to joint development in Indonesia
Husky Energy and CNOOC Ltd. have agreed to jointly develop the Madura BD gas and natural gas liquids field located offshore East Java, Indonesia. The agreement covers the development and further exploration of the Madura Straits Production Sharing Contract (PSC).
|
Lundin signs Malaysian PSCs
Lundin Petroleum's subsidiary, Lundin Malaysia BV, today signed three new production sharing contracts (PSCs) with Petronas in Kuala Lumpur.
|
Kambuna development drilling on schedule
The Kambuna #3 and #4 deviated development wells in the Kambuna field, offshore North Sumatra, Indonesia, are being batch drilled from the Kambuna production platform, according to operator Serica Energy.
|
Maersk Contractors building technology-savvy fleet
Maersk Contractors is on a $3-billion, five-year fleet expansion and drive to venture into new markets.
|
J. Ray gets Peregrino FPSO letter of award
A subsidiary of J. Ray McDermott has received a letter of award for the engineering, procurement, and construction of topside modules for the Peregrino FPSO from A.P. Moller - Maersk A/S.
|
ExxonMobil, Petronas sign new contract
ExxonMobil Exploration and Production Malaysia Inc. and the Malaysian national oil company, Petronas, will continue to work together under a new 25-year production sharing contract.
|
Floating production market report forecasts record year in 2009
Capital expenditure for the global floating production market will exceed $34 billion over the next five years, an increase of 25% over the previous five years, according to Infield forecasts.
|
Chevron to begin multi-billion dollar gas project in Thailand
Chevron Corp. and its partners will construct the Platong Gas II natural gas project in the Gulf of Thailand.
|
Ramunia wins $685 million B-193 field contract
Ramunia International Services Ltd. and Ramunia Fabricators Sdn Bhd have secured a $685 million contract from Oil and Natural Gas Corp. of India for the B-193 field development.
|
CNOOC's LH 11-1 back at full production
CNOOC Ltd.'s LiuHua (LH) 11-1 oil field in the eastern South China Sea, has fully restarted production.
|
CNOOC brings Bohai Bay wells onstream
CNOOC Ltd. has brought two Bohai Bay projects onstream. The Bo Zhong (BZ) 34-1 oilfield has come onstream at 4,800 b/d from seven wells, and the Jin Zhou (JZ) 21-1 is producing 3.53 MMcf/d of gas via one well.
|
SBM to provide record turret for Skarv
BP Norge has contracted SBM Offshore for turnkey supply of an internal turret for its Skarv-Idun FPSO in the Norwegian Sea.
|
First production from Arthit expected in 2008
PTT Exploration and Production Public Co. (PTTEP) expects first production from the Arthit field in February 2008.
|
Total gets first production from Sisi-Nubi
Total has brought phase 1 of the Sisi-Nubi gas fields offshore East Kalimantan, Indonesia on stream.
|
World’s largest suction anchors installed offshore Boston
To meet the growing demand for gas in the northeast US, Excelerate Energy is building the Northeast Gateway Energy Bridge some 18 mi (29 km) offshore Boston.
|
Phu Horm well begins production
Coastal Energy has started gas production on the Phu Horm-10 well in northeast Thailand.
|
Thailand extends Bongkot production period
The government of Thailand has extended for 10 years the production for Bongkot gas field. The field consists of blocks B15, B16, and B17. The joint venture partners now can continue production in B15 until 2022, and in blocks B16 and B17 until 2023.
|
Bongkot's production period extended 10 years
The cabinet of Thailand has approved a 10-year production extension for the Bongkot field in the Gulf of Thailand.
|
Bongkot production period extended
Thailand has granted a 10-year production extension on the Bongkot gas field to PTT Exploration and Production Plc.
|
Arthit gas scheduled to flow 1Q 2008
PTT Exploration & Production Plc. says it now plans to start the Gulf of Thailand's Arthit gas field production in March 2008.
|
Kakap's light crude non-commercial
The Pancing-1X exploration has been declared non-commercial.
|
First oil from Oyong
Santos Ltd. has begun production from the Oyong field in the Sampang production-sharing contract (PSC), 70 km (43.5 mi) east of Surabaya, Indonesia.
|
Arthit gas production scheduled for February
PTT Exploration and Production Public Co. Ltd. plans to begin gas production in Feb. 2008 from Phase 1A of the Arthit project in the Gulf of Thailand.
|
DRILLING & PRODUCTION
Saudi Aramco and Schlumberger have agreed to jointly develop a range of new technologies for intelligent completions that will lead to electrically activated downhole control valves and would facilitate a theoretically unlimited number of intelligent laterals per well.
|
Kikeh goes onstream
Kikeh, Malaysia's first deepwater field, began production today.
|
1455 W. Loop South, STE. 400
