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Anadarko has found buyers for liquefied natural gas to be produced from its Mozambique Area 1 project. The company has said that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Heads of Agreement (HOA) with Tokyo Gas Co., Ltd. (Tokyo Gas) and Centrica LNG Company […]
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Woodlands-based Anadarko said the Mozambique LNG project moved forward in the first quarter of 2018, meeting its near-term marketing objective.
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Thailand has launched a bidding round offering two offshore blocks under a PSC regime for the first time in the country’s history.
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Business & Finance, Exploration & Production
Transocean has been awarded new contracts for its drilling rigs for work offshore Norway, Australia, and Canada.
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Longitude Engineering has developed a decommissioning barge concept for the removal of small oil and gas platforms for PTTEP.
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Noble Corporation’s semi-submersible Noble Clyde Boudreaux is finishing up a reactivation and upgrade project at a shipyard in Singapore.
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Anadarko Petroleum has received official approval from the Government of Mozambique for the Golfinho/Atum Field Development Plan.
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Woodlands-based Anadarko said Monday it received an approval from the government of Mozambique for its giant liquefied natural gas (LNG) export project in Mozambique. The government granted approval for the Golfinho/Atum field development plan. The plan outlines the integrated onshore project from the reservoir to the LNG market and “is a culmination of the substantial […]
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Anadarko has secured a deal with French Électricité de France, S.A., (EDF) for the sale of LNG to be produced from its Mozambique offshore gas field.
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Ports & Logistics, Project & Tenders
Woodlands-based Anadarko said Mozambique LNG project partners signed an LNG sale and purchase agreement with Électricité de France (EDF) for the supply of 1.2 million tons per year of the chilled fuel.
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Business & Finance, Exploration & Production
Offshore driller Noble Corporation will be bringing one of its warm stacked rigs back to work following a binding letter of intent with a Thai operator.
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Mexico has awarded 19 offshore blocks to 11 companies at its bidding round for deepwater acreage held on Wednesday.
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Oil giant Shell has decided to sell its interest in the Bongkot field offshore Thailand to the state-owned oil company PTTEP for $750 million.
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The Hague-based LNG giant Shell said on Wednesday that it will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production (PTTEP) for $750 million before tax. The transaction is expected to complete in the second quarter of 2018, Shell said in its statement. “Shell’s decision to […]
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These fields will require $28 billion of capex from final investment decision (FID) to first production.
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Business & Finance, Exploration & Production
Offshore driller Vantage Drilling has been awarded more work by CPOC for one of its jack-up drilling rigs.
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eDrilling, a provider of drilling and well performance solutions, and Petrovietnam University have signed a memorandum of understanding (MoU) for a long-term engagement to drive digitalization of drilling operations in Vietnam. In 2010, the Prime Minister of Vietnam issued a decision on establishing the Petrovietnam University as a special public University with the mission to […]
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Shell will not be selling its Thai assets to Kuwait’s KUFPEC, as the two companies have mutually agreed to cancel the previously agreed deal. The Anglo/Dutch oil giant on Wednesday said that its subsidiary, BG Asia Pacific, and KUFPEC Thailand , a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), had mutually agreed to cancel the […]
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The Hague-based LNG giant Shell has cancelled the $900 million sale of its stake in a Thai gas field to Kuwait’s state-owned KUFPEC. Shell said in January the company entered into a deal for the sale of subsidiary companies Shell Integrated Gas Thailand and Thai Energy Co, which together hold a 22.222% equity stake held in the […]
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Thailand’s PTT is aiming to secure smaller stakes in Australian liquefied natural gas projects to triple its LNG imports by 2022 as the domestic natural gas production diminish.
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Thailand’s state-owned PTT has launched a global liquefied natural gas (LNG) trading and marketing arm. PTT said in a statement that its board of directors in May passed a resolution to establish a new joint venture company to carry out business related to LNG, as the first step of investment expansion in full integrated LNG value. […]
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Operations & Maintenance, Project & Tenders
Sapura Energy has secured several contracts with a combined value of approximately USD 206 million. The first contract, secured in Myanmar, is for a subcontract works awarded by PT. Gunanusa Utama Fabricators (PTG) for the PTTEP’s Zawtika field development. The company will provide engineering procurement construction and installation (EPCI) of associated pipelines, transportation and installation of new offshore wellhead platforms. […]
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Malaysian offshore contractor Sapura Energy Berhad, formerly known as Sapura Kencana, has secured four separate international contracts worth around $206 million. In Myanmar, the company has been hired as a subcontractor by PT. Gunanusa Utama Fabricators for work on PTTEP’s Zawtika offshore project. Under the contract, Sapura Energy will be responsible for the engineering procurement […]
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Offshore Energy Today reporters met with Indonesian delegation during Sarajevo Business Forum where we took an opportunity to talk about the Indonesian energy sector. We spoke with Helmy Shebubakar, Vice Chairman of the Indonesian Chamber of Commerce & Industry, and Azhar Lubis, a representative of Indonesia Investment Coordinating Board. Lubis said Indonesia is looking to […]
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Equipment, Project & Tenders
Sonardyne Asia’s marine robotics technology has been selected to help navigate a new autonomous underwater vehicle (AUV) being jointly developed by PTT Exploration and Production Public Company (PTTEP) and Kasetsart University (KU), Bangkok, Thailand. The order for a Sprint inertial navigation system (INS) and Syrinx Doppler Velocity Log (DVL) was placed by the PTTEP-KU and […]