Malaysian state oil firm Petronas has awarded its first production sharing contract (PSC) for 2016, and given Thailand's PTTEP its first operatorship in Malaysia. The PSC was awarded to PTTEP HK Offshore, Kufpec Malaysia, and Petronas Carigali for the exploration Block SK410B…
SapuraKencana Petroleum subsidiaries, Sapura Energy Ventures and Kencana Energy, along with their partner, Petrofac Energy Developments, have reached an agreement with Petronas to cease the Berantai risk service contract (RSC). The Berantai…
PIM Integrity Management has recently been awarded a license by Petronas. PIM IM, which was set up in Selangor, Malaysia in December 2015, is an associate company of UK-based Plant Integrity Management (PIM). Both firms specialize in…
SapuraKencana Energy Sarawak (SKE), a wholly-owned subsidiary of SapuraKencana Petroleum Berhad (SKPB) has signed the SK310 Upstream Gas Sales Agreement (UGSA) in relation to the production of gas from the B15 Gas Field between Petronas as…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
Japan's JX Nippon Oil & Gas Exploration (Malaysia) is gearing up to drill three wells offshore Malaysia after agreeing a contract for the rig for the campaign. JX Nippon is to hire the semi-tender drilling rig SKD Berani from a SapuraKencana Petroleum subsidiary…
Malaysia’s Petronas has launched the hull for its second floating liquefied natural gas (LNG) facility, the Petronas Floating LNG2 (PFLNG2) at the Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea. Late last month,…
Laurentino Rangel, a consultant with Poten & Partners, provides an overview of current floating LNG projects around the globe. PFLNG SATU. Photo from Petronas. A floating LNG…
The downturn is forcing operators to go back to the drawing board in order to advance projects. EIC Analyst Angeline Elias provides an overview of activity in Asia Pacific. Dockwise loading out the SHWE platform…
Malaysian state oil firm Petronas is due to start drilling offshore Suriname next month, the country's state oil firm says. Staatsolie says Petronas, with partner DEA, a German company, has lined up the Rowan Company's Ralph Coffman…
SapuraKencana Energy discovered gas in two of the three wells drilled in 2015 within the SK408 block contract area, offshore Malaysia in Sarawak. The first well Jerun-1 is approximately 5km north of the 2014 Bakong gas discovery. Based on analysis of electric log…
US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…
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. Image of the PFLNG 1…
WFS Technology has appointed Mike Theobald as project director for Australia and Southeast Asia. Theobald brings his knowledge and understanding of subsea control systems, as well as an insight into how best to use Seatooth products and technology…
A joint venture between SapuraKencana Services and GE Power Systems, SapuraKencana GE Oil & Gas Services (SKGE) has been awarded a long term service agreement by Petroliam Nasional (PETRONAS) Floating LNG1 (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels…
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