Search results for: madura strait

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  • 28 October 2010
    Business & Finance

    Husky Energy announced it has received approval from the Government of Indonesia for an extension to the existing Madura Strait Production Sharing Contract (PSC), originally awarded in 1982. The Madura Strait PSC includes the Madura BD and MDA fields, as well as numerous other prospects and leads. The Madura BD field, which contains natural gas […]

  • 9 November 2015
    Exploration & Production, Project & Tenders

    Canadian oil and gas firm Husky Energy has moved a step forward towards production from its offshore gas-condensate project in Indonesia. According to the company, the jacket and the wellhead platform for the Madura Strait BD project have been installed at the offshore location in around 55 meters of Water. Next up, development drilling, set […]

  • 20 August 2014
    Business & Finance

    Bumi Armada Berhad has been appointed as the FPSO Lease Contractor for the Madura BD Field, Offshore Indonesia via a Letter of Intent issued by Husky-CNOOC Madura Limited (“HCML”). Pursuant to the Letter of Intent, the Consortium will supply a Floating Production, Storage and Offloading Vessel to HCML at a contract value of USD1.18 billion […]

  • 12 May 2014
    Business & Finance, Operations & Maintenance

    Nordic Maritime Pte Ltd., in collaboration with ELNUSA, was awarded the contract for the provision of marine seismic data acquisition and processing services for Husky-CNOOC Madura Limited, Offshore Indonesia. Madura Strait offshore Indonesia includes the MDA, MBH and BD fields, which are expected to produce natural gas and associated liquids. Nordic Maritime’s 3D seismic vessel […]

  • 1 August 2017
    Project & Tenders

    Husky-CNOOC Madura Limited (HCML) has started production from the BD gas field offshore Indonesia.  Husky-CNOOC Madura Limited (HCML) is the operator of the Production Sharing Contract (PSC) for the BD gas field. Husky and CNOOC Limited each hold a 40 percent interest in HCML, while the remaining 20 percent interest is held by Samudra Energy. The […]

  • 22 April 2016
    Project & Tenders

    Australian oil company Santos has reported mixed results from its drilling program in Indonesia. Presenting its first quarter 2016 results on Friday, Santos said that a two-well near-field exploration program had been conducted in the Madura Strait, offshore East Java. The wells were targeting the Pliocene aged Mundu Formation which is productive in the adjacent […]

  • 11 August 2015
    Business & Finance

    Singapore-based Keppel Shipyard Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts worth a total of about SGD 125 million (USD 89.2m). The FPSO conversion project Keppel Shipyard will be undertaking is for Armada Madura EPC Limited, a joint venture between Malaysia’s Bumi Armada […]

  • 11 August 2015
    Business & Finance

    Singapore-based Keppel Shipyard Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts worth a total of about SGD 125 million (USD 89.2m). The FPSO conversion project Keppel Shipyard will be undertaking is for Armada Madura EPC Limited, a joint venture between Malaysia’s Bumi Armada […]

  • 24 October 2016
    Business & Finance, Operations & Maintenance

    Keppel Offshore & Marine’s wholly-owned subsidiary Keppel Shipyard is said to be on track to deliver a floating production storage and offloading (FPSO) vessel to Armada Madura, a joint venture between Shapoorji Pallonji and Bumi Armada Berhad. The spread-moored FPSO unit was named Karapan Armada Sterling III during a naming ceremony held earlier this month […]

  • 24 October 2016
    Infrastructure, Project & Tenders

    Keppel Offshore & Marine’s (Keppel O&M) subsidiary Keppel Shipyard is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Madura EPC Limited.  Armada Madura is a joint venture between Shapoorji Pallonji Group (Shapoorji Pallonji) and Bumi Armada Berhad (BAB). The spread-moored FPSO unit was named Karapan Armada Sterling III during […]

  • 11 August 2015
    Business & Finance

    Keppel Offshore & Marine’s subsidiary, Keppel Shipyard, has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts worth a total of about S$125 million ($89.3 million). The FPSO conversion project Keppel Shipyard will be undertaking is for Armada Madura EPC Limited, a joint venture between […]

  • 15 February 2011
    Business & Finance

      Husky Energy Inc. recorded a 42 percent increase in 2010 cash flow compared to 2009. The Company reported a 58 percent improvement to fourth quarter cash flow compared to the same period of 2009. Net earnings in the quarter were higher by 19 percent compared to the third quarter 2010 on the strength of […]

  • 13 December 2016

    Canadian energy company Husky Energy will boost its capital expenditure program for 2017 as it had sanctioned several new projects. In addition, Husky will increase production next year compared to 2016 levels.  In its 2017 production guidance and capital program revealed on Tuesday, the energy company said its 2017 capital expenditure program will be in the range of […]

  • 28 May 2019

    Husky Energy has disclosed its updated five-year plan which includes investments in several offshore projects offshore China, Indonesia, and Canada.

  • 30 November 2010
    Business & Finance

    Husky Energy Inc.announced today several cornerstone strategic initiatives intended to accelerate near-term production and reserve growth and to secure its medium and long-term growth opportunities. At the same time, the Company announced key elements of its financing plan, which is directed towards retaining its investment grade financial profile. “The initiatives announced today represent the culmination […]

  • 6 January 2015
    Business & Finance

    The oil that spilled from Libyan-registered oil tanker Al Yarmouk is not headed towards the island of Bintan based on the satellite imagery obtained on January 4, the Maritime and Port Authority of Singapore (MPA) informed. The ship managers of Al Yarmouk, V. Ships UK Ltd estimate that 4,500 tonnes of Madura crude oil spilled from the tanker after it […]

  • 27 June 2011

    MEO Australia Limited announced that MEO International Pty Ltd (MEO International), a wholly owned MEO subsidiary, today closed a transaction to acquire all of the shares in South Madura Exploration Company which is the holder of a 30% participating interest in the South Madura PSC, onshore Madura Island, Indonesia, from Cooper Energy Limited. Consideration for […]

  • 18 June 2012

    MEO Australia announced that the Government of Indonesia, through the Director General of Oil and Gas, has approved the transfer of all of AED South Madura BV’s 60% participating interest in the South Madura PSC to South Madura Exploration Company Ltd (SMEC), a wholly owned subsidiary of MEO. Operatorship of the PSC transfers to SMEC […]

  • 6 December 2017
    Business & Finance, Equipment, Operations & Maintenance

    Seismic vessel PGS Apollo has completed a triple source multi-client 3D survey in North Madura. The survey is a part the MIGAS plan for licensing new areas in the North Madura/East Java Basin and beyond. The North Madura 3D is the first multi-client 3D that has been acquired in Indonesia for over six years. PGS […]

  • 6 December 2017

    Norwegian marine seismic player PGS has completed a triple source MultiClient 3D survey in North Madura offshore Indonesia.

  • 1 June 2010
    Project & Tenders

    East Muriah PSC Pearl Energy (East Muriah) Ltd (“Pearl”), as Operator of the East Muriah PSC in the East Java Basin has advised that the East Lengo-1 exploration well started drilling on May 28, 2010. AWE Limited (“AWE”) has elected not to participate in the East Lengo-1 exploration well and Pearl will drill this well […]

  • 11 December 2014
    Business & Finance

    After several delays, Malaysia’s provider of offshore vessels and floating production units, Bumi Armada, and Husky-CNOOC have signed a contract for a floating, production, storage and offloading vessel (FPSO) for the Madura BD field, offshore Indonesia. The companies signed a letter of intent (LOI) in August 2014 according to which Bumi Armada would deliver an […]