Search results for: Malay Basin

24653 results

A list of search results

  • 30 June 2014
    Project & Tenders

    KrisEnergy Ltd., an independent upstream oil and gas company, announces that drilling operations have concluded at the Rojana-1 exploration commitment well in block G11/48 in the Gulf of Thailand. Rojana-1, which started drilling on 23 June 2014, reached a total depth at 4,916 feet (1,498.4 metres) measured depth, or -4,126 feet total vertical depth subsea. No […]

  • 16 January 2014
    Business & Finance

    KrisEnergy Ltd. an independent upstream oil and gas company, announced the award of the Engineering, Procurement, Construction, Installation and Commissioning contract for the production and processing facilities for the Nong Yao oil development in block G11/48 in the Gulf of Thailand. The EPCIC contract was awarded to Nippon Steel and Sumikin Engineering Co. Ltd. by […]

  • 12 March 2018

    EGS Group has signed a three-year contract with Chevron for offshore geophysical data acquisition services in the Gulf of Thailand.

  • 5 December 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Sapura Energy has secured several new contracts and contract extensions, valued at approximately RM615 million ($147 million), for its engineering and construction (E&C) as well as drilling segments. Namely, Sapura Fabrication has won a contract from Hess Exploration And Production Malaysia under the Petronas frame agreement, for the provision of engineering, procurement, construction, commissioning plus […]

  • 23 June 2014
    Business & Finance, Project & Tenders

    KrisEnergy Ltd. has announced that the Atwood Orca jack-up rig has started the drilling of the Rojana-A exploration commitment well in block G11/48 in the Gulf of Thailand, where the joint-venture partners are developing the Nong Yao oil field. Water depth at the Rojana-A location is 232 feet (70.6 metres). The well is planned to […]

  • 24 June 2014
    Business & Finance, Operations & Maintenance

    KrisEnergy Ltd., an independent upstream oil and gas company, announces that the Atwood Orca jack-up rig has started the drilling of the Rojana-A exploration commitment well in block G11/48 in the Gulf of Thailand, where the joint-venture partners are developing the Nong Yao oil field. Water depth at the Rojana-A location is 232 feet (70.6 metres). […]

  • 15 January 2014
    Business & Finance

    KrisEnergy Ltd., an independent upstream oil and gas company,  has announced the award of the Engineering, Procurement, Construction, Installation and Commissioning (“EPCIC”) contract for the production and processing facilities for the Nong Yao oil development in block G11/48 in the Gulf of Thailand. The EPCIC contract was awarded to Nippon Steel and Sumikin Engineering Co. […]

  • 12 January 2017

    Energy company Hess Corporation has increased its annual budget after two consecutive years of reducing it. The company also decided to postpone further development of Equus gas fields off Australia.  Hess informed on Thursday that its 2017 E&P capital and exploratory budget will be $2.25 billion, compared to its 2016 actual spend of $1.9 billion. This […]

  • 16 June 2015
    Business & Finance

    Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has secured a FSO conversion contract with a compatriot vessel owner. Under the contract signed with E.A. Technique (M) Berhard, MMHE will execute demolition, refurbishment and installation works. The vessel, to be named FSO Nautica Bergading following the conversion, is expected to arrive at the yard in […]

  • 1 February 2016
    Business & Finance

    Lundin Petroleum has signed farm-out agreements (FOA) with DYAS for part of its working interests across three Production Sharing Contracts (PSC) in Malaysia. Ahead of the recently started exploration campaign in the Sabah region, offshore East Malaysia, Lundin Malaysia has entered into farm-out agreements with DYAS covering Blocks PM328, SB307/308 and gas holding areas in […]

  • 24 June 2014
    Business & Finance, Equipment, Project & Tenders

    KrisEnergy Ltd. has announced it has contracted the Key Gibraltar jack-up rig for development, appraisal and exploration drilling in two licences in the Gulf of Thailand. The contract with Shelf Drilling (Southeast Asia) Limited, will start around 1 January 2015 and will run for a firm six-month term with an option to extend for an additional […]

  • 24 May 2017

    Jadestone Energy, formerly known as Mitra Energy, has announced its withdrawal from the Bone production sharing contract offshore Indonesia (Bone PSC), a further key step in releasing the company from non-strategic exploration assets. Bone PSC is operated by Mitra Energy (Indonesia Bone) Limited, a wholly owned subsidiary of the company, with a sixty percent working […]

  • 30 June 2014
    Business & Finance, Operations & Maintenance

    KrisEnergy Ltd., an independent upstream oil and gas company, announces that drilling operations have concluded at the Rojana-1 exploration commitment well in block G11/48 in the Gulf of Thailand. Rojana-1, which started drilling on 23 June 2014, reached a total depth at 4,916 feet (1,498.4 metres) measured depth, or -4,126 feet total vertical depth subsea. No […]

  • 31 January 2017
    Business & Finance

    Oilfield services firm Wood Group has been awarded a five-year operations and maintenance contract with Hess in Malaysia. Wood Group will support Hess’ new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150 kilometers north east of the Peninsular Malaysia, and includes a one-year extension option. Delivered by Wood Group’s Kuala Lumpur […]

  • 22 May 2012
    Business & Finance

    Petrofac, an international service provider to the oil & gas production and processing industry,, has been awarded a US$220 million contract by PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, the Malaysian national oil company, for the refurbishment of the Bekok-C platform. The platform is located in Block PM9 in the south-eastern part of the […]

  • 30 July 2014
    Business & Finance

    Hess Corporation today reported net income of $931 million for the quarter ended June 30, 2014. Adjusted net income, which excludes items affecting comparability, was $432 million or $1.38 per common share, compared with $520 million or $1.51 per share in the prior year quarter.   The company said that the decrease in adjusted net […]

  • 9 January 2013
    Business & Finance

    Hess Corporation announced today a 2013 capital and exploratory budget of $6.8 billion, which is down 18 percent from 2012 expenditures of approximately $8.3 billion. Of the $6.7 billion budgeted for Exploration and Production, $2.7 billion (40 percent) is dedicated to unconventional shale resources and the remainder is focused on conventional resources, with $1.85 billion […]

  • 5 February 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Sapura Energy has trough its direct and indirect wholly-owned subsidiaries secured contracts with a combined value of approximately RM 905 million ($232 million). The first contract is for the provision of engineering, procurement, construction and commissioning (EPCC) of Kinarut ERB WEST compressor upgrading project for PETRONAS. The work scope involves the removal of existing HP […]

  • 14 January 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Malaysia’s SapuraKencana has won contracts and extensions valued at approximately $117 million. The first is an eight-month contract for the provision of hook up & commissioning works for KNPG-B Phase II, Kinabalu Non Associated Gas (NAG) development project by THHE Fabricators. Under the contract SapuraKencana will provide supervision, manpower, equipment and marine spread to carry out the […]

  • 19 June 2014

     Malaysian oilfield services provider SapuraKencana Petroleum Berhad has been awarded two new Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contracts totalling approximately US$415 million (RM1.3 billion) in areas offshore Malaysia and Thailand by Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) and Hess Exploration and Production Malaysia B.V. These latest awards to SapuraKencana come close on the heels […]

  • 13 September 2019
    Business & Finance

    Marine & General has been awarded a contract by Hess Exploration and Production Malaysia for the provision of one anchor handling tug supply vessel to support the oil company’s Malaysian drilling operations.

  • 31 January 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Wood Group has been awarded a five-year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is to support Hess’ new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150km north east of the Peninsular Malaysia, and includes a one-year extension option. Delivered by Wood Group’s […]