Search results for: Gurita PSC

14580 results

A list of search results

  • 21 August 2014
    Business & Finance, Project & Tenders

    Nido Petroleum Limited has informed that the Operator of the Gurita PSC, offshore Indonesia, Lundin Gurita BV has advised that the rig for the Gobi-1 well will become available to the Joint Venture in September 2014. On the basis of Operator’s advice, the Company now expects to spud the well in late September 2014. Nido currently […]

  • 15 October 2013
    Business & Finance, Project & Tenders

    Nido Petroleum Limited provides the following update on the upcoming Indonesian drilling campaign in the Baronang and Gurita PSC’s operated by Lundin Petroleum on behalf of the respective PSC joint venture partners. Nido has received government approval from MIGAS of the transfer of the 10% participating interest in each of the Baronang, Gurita and Cakalang PSCs. Lundin has advised […]

  • 22 March 2011
    Business & Finance

    Lundin Petroleum AB nnounces that it has been awarded a new production sharing contract (PSC) for the Gurita Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on 18 March 2011. The block is located in the Natuna Sea, offshore Indonesia. The Gurita Block covers an area of approximately 8,018 km2. The […]

  • 27 October 2014
    Exploration & Production, Project & Tenders

    Lundin Petroleum AB has announced that the exploration drilling of the Gobi prospect in the Gurita PSC, Natuna Sea, Indonesia has been completed and that no hydrocarbon shows were encountered.  Gobi-1 wildcat exploration well was drilled to a final depth of 2,373 meters below mean sea level (MSL) using the Hakuiyu-11 drilling rig. The well […]

  • 23 March 2011
    Business & Finance, Operations & Maintenance

      Lundin Petroleum AB announces that it has been awarded a new production sharing contract (PSC) for the Gurita Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on 18 March 2011. The block is located in the Natuna Sea, offshore Indonesia. The Gurita Block covers an area of approximately 8,018 km2. […]

  • 12 March 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Lundin Petroleum AB announced that the exploration drilling of the Boni prospect in the Baronang PSC, Natuna Sea, Indonesia has been completed. On 11th March 2014 drilling of the Boni-1 well reached Total Depth at 2,214 metres below mean sea level in the granitic basement as per the drilling programme. Preliminary analysis of LWD logs […]

  • 12 March 2014

    Lundin Petroleum has completed the exploration drilling of the Boni prospect in the Baronang PSC, Natuna Sea, Indonesia.

  • 23 September 2014
    Business & Finance, Project & Tenders

    Swedish operator Lundin Petroleum has postponed its drilling plans for the Gurita-1 well, offshore Indonesia.

  • 21 January 2015
    Business & Finance

    Sweden’s Lundin Petroleum has informed that its 4Q 2014 profitability will suffer due to expensed exploration costs, impairment charge and foreign currency exchange loss, mainly related to the revaluation of loan balances. The company says that these items are largely non-cash charges and will have no impact on operating cash flow or EBITDA. During the fourth quarter […]

  • 28 June 2013

    Nido Petroleum Limited has executed three separate Farm-in Agreements with Lundin Petroleum B.V. to participate in the Gurita, Baronang and Cakalang PSCs located in the Penyu and West Natuna basins, offshore in the Republic of Indonesia. Under the terms of the Baronang and Gurita Farm-in Agreements, Nido will earn a 10% participating interest in each […]

  • 4 March 2014

    Lundin Petroleum announces that the exploration drilling of the Balqis prospect in the Baronang PSC, Natuna Sea, Indonesia has been completed. Preliminary analysis of wireline logs indicates that the well encountered the targeted Oligocene Upper and Lower Gabus Formation sandstone in well developed reservoirs but no hydrocarbons were encountered. The Balqis-1 well reached basement at […]

  • 13 October 2014
    Business & Finance, Project & Tenders

    Lundin Petroleum has spudded the Gobi-1 exploration well, with the Hakuryu-11 jack-up rig, in the Gurita Production Sharing Contract (“PSC”), Republic of Indonesia.  The well was spudded on October 13, 2014. The well is currently in the process of running the 30” conductor to a depth at or around 205 meters Measured Depth. The Gobi-1 is a […]

  • 17 February 2014

    Lundin Petroleum AB has started the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 will be followed by a sidetrack, Boni-01. Balqis-01 is a wildcat oil exploration well designed to test the hydrocarbon potential of Tertiary sands draped over a prominent Basement high. The main objectives of […]

  • 24 May 2012
    Business & Finance, Equipment

      Gurit, a leading global supplier of composite materials and technical solutions to the wind energy, transportation, tooling, marine markets and other selected application areas congratulate ANDRITZ HYDRO Hammerfest who has successfully achieved supply of power to the grid from their HS1000 device. The HS1000 device installed in the European Marine Energy Centre (EMEC), Scotland, […]

  • 29 May 2012
    Storage, Technology

    Gurit, a leading global supplier of composite materials and technical solutions to the wind energy, transportation, tooling, marine markets and other selected application areas congratulates ANDRITZ HYDRO Hammerfest who has successfully achieved supply of power to the grid from their HS1000 device. The HS1000 device installed in the European Marine Energy Centre (EMEC), Scotland, utilises […]

  • 18 October 2011

    Gurit, a world-wide leading supplier of composite materials and technical solutions to the global wind energy market is to exhibit at the forthcoming China Wind Power 2011 exhibition, from Wednesday 19th October to Friday 21st October 2011. The exhibition to be held at the New China International Exhibition Center, Beijing, China, is an annual meeting […]

  • 16 September 2013

    3PSC LLC, seated in Norfolk, Va., has been awarded a $34.1 million modification under a previously awarded firm-fixed-price contract to exercise a one-year option for the operation and maintenance of six oceanographic/survey U.S. Naval ships. The ships are operated for the Naval Oceanographic Office to conduct military surveys. Work will be performed worldwide, and is […]

  • 31 October 2011
    Business & Finance

    Tullow Oil plc (Tullow) announces that new Production Sharing Contract (PSC) arrangements have been agreed with the Government of Mauritania and its Joint Venture partners. These arrangements will enable the Group to progress the appraisal and development of existing discoveries and pursue exploration in a new contract area covering 10,725 square kilometres with Tullow as […]

  • 6 August 2012
    Business & Finance, Operations & Maintenance

    As the famous saying goes “success breeds success” so it is no surprise that leading engineering, materials technology and composite processing firm Gurit have taken the proactive approach in 2012 to showcase their excellence as it relates to tidal energy. Recent increase in support for Wave & Tidal energy in the UK, up from 2 […]

  • 1 November 2013
    Business & Finance

    Sterling Energy Pic has signed a Farmout Agreement for the Production Sharing Contract of the Ambilobe Block (the “PSC”), located offshore Madagascar, with Pura Vida Mauritius. Sterling currently holds a 100% interest in, and is the operator of, the PSC. Under the terms of the Farmout Agreement, Pura Vida will on completion: a) assume a 50% interest […]

  • 9 June 2014
    Business & Finance, Project & Tenders

    AziPac Limited (AziPac), the Seacrest Group backed E&P company focussed on the maritime basins offshore Asia Pacific and the Bay of Bengal,  has taken a 40% participating interest in the Bone PSC offshore Indonesia. Under the terms of the agreement, AziPac, through its wholly owned subsidiary Azimuth Indonesia Limited, will acquire a 40% participating interest […]

  • 9 June 2014
    Business & Finance, Project & Tenders

    AziPac Limited, the Seacrest Group backed E&P company focussed on the maritime basins offshore Asia Pacific and the Bay of Bengal, has announced that it has taken a 40% participating interest in the Bone PSC offshore Indonesia. Under the terms of the agreement, AziPac, through its wholly owned subsidiary Azimuth Indonesia Limited, will acquire a […]