Search results for: MOECO

67 results

A list of search results

  • 9 February 2012

    Mitsui & Co., said today that Mitsui Oil Exploration (MOECO), a subsidiary of Mitsui in which the company has 70.45% equity interest, has sold 12,000 shares (0.3% of issued shares) of INPEX. Through this transaction MOECO’s interest in INPEX will decrease from 4.8% to 4.5%. Japan’s INPEX last month made the Final Investment Decision on […]

  • 20 December 2010
    Business & Finance

    Moex Offshore Announcement: “On December 15, 2010, the U.S. Department of Justice filed a complaint against nine companies, including MOEX Offshore 2007 LLC (“MOEX Offshore”). This complaint seeks removal costs, economic losses, and environmental damages under the Oil Pollution Act, and civil penalties under the Clean Water Act. MOEX Offshore is a ten percent non-operating […]

  • 9 February 2015
    Business & Finance

    Shell and its partner Mitsui Oil Exploration Co.,Ltd. group (MOECO) have signed exploration and production sharing contracts (PSCs) with Myanma Oil and Gas Enterprise (MOGE) of the Republic of the Union of Myanmar for three deep-water blocks. Shell says that this step marks its return to upstream operations in Myanmar. “Exploration is a pivotal step […]

  • 11 August 2014
    Business & Finance

    KrisEnergy has reached an agreement with Chevron to buy Chevron Cambodia for $65 million.

  • 20 February 2019

    Repsol’s new discovery located onshore Indonesia could surpass the Dorado offshore oil find in Australia, according to energy intelligence group Wood Mackenzie. 

  • 21 July 2014
    Business & Finance, Project & Tenders

    Salamander has signed a definitive Share Sale and Purchase Agreement with SONA Petroleum Berhard (SONA) to dispose of an effective 40% working interest in the B8/38 concession containing the Bualuang oil field and the surrounding G4/50 concession, both located in the Gulf of Thailand. Under the terms of the Transaction SONA will pay a consideration of US$280 […]

  • 26 February 2014
    Business & Finance, Research & Development

    The project for joint seismic acquisition in the southeastern Barents Sea has been joined by 16 new companies. A total of 33 companies are now part of this project, which will secure good data quality and low acquisition costs. A joint acquisition of data will also limit any possible negative consequences for the fishing industry. […]

  • 27 January 2015

    Thai oil company PTTEP is reportedly looking to put a halt to its operations in Myanmar. According to Sea Ship News, a news website covering Asian maritime sector, the oil giant, pressured by low oil prices has hinted it could scrap its M-3 gas project offshore Myanmar. The publication did not say where the information came […]

  • 2 October 2014

    KrisEnergy Ltd. has officially acquired Chevron Overseas Petroleum (Cambodia) Limited (COPLC), following receipt on 17 September 2014 of acknowledgement from the Royal Government of the Kingdom of Cambodia for the change of control.

  • 5 December 2012

    The Ministry of Petroleum and Energy in Norway has received applications from 36 companies by the deadline for applications in the 22nd licensing round on the Norwegian continental shelf. The Ministry intends to award new production licences before the summer of 2013. “I am pleased to see such extensive, broad interest in the 22nd licensing […]

  • 3 February 2014
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, announces the spudding of the Wintershall operated Solberg appraisal well 6407/1-7 (Faroe 20%). The Solberg prospect is located in the APA 2007 license PL475 on the Halten Terrace in the […]

  • 5 December 2012
    Business & Finance, Research & Development

    The Ministry of Petroleum and Energy has received applications from 36 companies by the deadline for applications in the 22nd licensing round on the Norwegian continental shelf. The Ministry intends to award new production licences before the summer of 2013. “I am pleased to see such extensive, broad interest in the 22nd licensing round. The […]

  • 3 February 2014

    Wintershall has started drilling at the Solberg appraisal well 6407/1-7, Faroe Petroleum, a partner in the licence has reported. The Solberg prospect is located in the APA 2007 license PL475 on the Halten Terrace in the Norwegian Sea four kilometres north-east of the Tyrihans field and eight kilometres south-east of Faroe’s significant Maria discovery (2010). […]

  • 1 October 2014
    Business & Finance, Research & Development

    The Japan Methane Hydrate Operating Co., Ltd. (JMH) was established today (October 1, 2014) with the aim to participate in the Medium to Long-term Offshore Production Test from pore-filling type methane hydrate which will be conducted by the Japanese government. A substantial quantity of methane hydrate is estimated in the offshore areas around Japan. Serving […]

  • 1 October 2014
    Project & Tenders

    Japan’s oil and gas company INPEX has invested in Japan Methane Hydrate Operating Co., Ltd., a joint venture company established on October 1, 2014 aiming to participate in the offshore production test of methane hydrate conducted by the Japanese government.

  • 4 December 2015

    The Norwegian Petroleum Directorate (NPD) has revealed a list of companies that applied for acreage offshore Norway, as part of the 23rd licensing round in the country. The deadline for applications for production licenses expired on Wednesday, December 2. Twenty-six companies applied for acreage situated mostly in Barents Sea. For comparison, a total of 36 […]

  • 26 April 2018

    Thailand has launched a bidding round offering two offshore blocks under a PSC regime for the first time in the country’s history.

  • 21 July 2014
    Business & Finance, Project & Tenders

    Further to the Heads of Agreement announced on 5 June 2014, Salamander announces that a definitive Share Sale and Purchase Agreement has now been signed with SONA Petroleum Berhard (“SONA”) to dispose of an effective 40% working interest in the B8/38 concession containing the Bualuang oil field and the surrounding G4/50 concession, both located in […]

  • 10 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Faroe Petroleum, an independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, announced a gas and condensate discovery in the Solberg well in the Norwegian Sea (Faroe 20%).  The Solberg well 6407/1-7 commenced in February 2014 to assess the lateral extent and […]

  • 29 October 2013
    Business & Finance

    Tevin Vongvanich, President and CEO of PTT Exploration and Production Public Company Limited or PTTEP revealed the 3rd Quarter Operating Results and the Financial Performance as per the following details: The 3rd Quarter Operating Results (Unreviewed) PTTEP and its subsidiaries posted a net profit of USD 566 million (equivalent to 17,805 million baht), an increase […]

  • 29 October 2013

    PTT Exploration and Production Public Company Limited or PTTEP posted a net profit of USD 566 million in the third quarter of this year, an increase of USD 8 million in compare to the third quarter of 2012 at USD 558 million. The result comprised of the recurring net profit for this period amounted to […]

  • 22 January 2014
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has been awarded 10 new prospective exploration licences, including two operatorships, under the 2013 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. […]