551 results found for 'pttep'

551 results found for 'pttep'
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  • Jadestone Energy Finalizes Montara Umbilical Replacement

    26 September 2019
    Equipment, Operations & Maintenance

    Jadestone Energy has completed installation of replacement subsea umbilical cables at the Montara complex, offshore Australia. The umbilical cables are an essential part of the control system of the Montara complex subsea wells, providing electrical power and control signals to the subsea well-heads. The replacement umbilical is expected to provide reliable operations for the remaining […]

  • Shell sells Thai offshore acreage for $900 million

    31 January 2017

    Oil giant Shell has reached an agreement with Kuwait’s KUFPEC for the sale of a 22.222 percent equity stake in the Bongkot field and adjoining acreage offshore Thailand.  Apart from the stake in the Bongkot field, the sale worth $900 million includes Shell’s equity stake held in Blocks 15, 16 and 17 and Block G12/48. Shell’s partners […]

  • Shell flows first oil from next chapter of Malaysian enormous deepwater project

    10 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has brought online Phase 4 of its giant deepwater development project off the coast of Malaysia.

  • ONGC, Oil India Complete Rovuma Area Acquisition (Mozambique)

    8 January 2014

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have completed the acquisition of 10% PI in the Rovuma Area 1 offshore Block, Mozambique by acquiring 100% shares of Videocon Mozambique Rovuma 1 Limited, the company holding the 10% PI in the Area 1 from Videocon Mauritius Energy Limited. On 25th June 2013, definitive agreements […]

  • Petronas denies sale talks for gas block offshore Sarawak

    26 April 2017

    Following media reports that Petronas is selling part of its stake in the SK316 offshore gas block in Malaysia’s Sarawak state, the Malaysian state-owned giant has denied the sale talks and deemed the reports as “misleading and misinformed.”  Reuters recently reported that the company was considering the sale of up to 49% of its stake in the […]

  • Transocean lands 11-well contract with Chevron

    17 July 2018
    Business & Finance, Exploration & Production

    Transocean has been awarded an 11-well contract for the ultra-deepwater semisubmersible GSF Development Driller I offshore Australia. 

  • McDermott scoops up multimillion-dollar job at TotalEnergies’ LNG project

    9 May 2024
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    McDermott’s CB&I has landed a new assignment in the Middle East with TotalEnergies, which will enable it to work at a solar-powered LNG project in Oman.

  • Carnarvon adds new board member

    1 August 2018
    Business & Finance

    Australian oil exploration company Carnarvon Petroleum has named a new member of the company’s board of directors.

  • Shell secures Maersk rig for operations in Brazil

    30 September 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Maersk Drilling has secured a contract from Shell for the provisioning of a semi-submersible rig in the Campos basin offshore Brazil.

  • Borr Drilling wins four-year gig for jack-up rig

    18 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Borr Drilling has secured a binding Letter of Award (LOA) for a jack-up drilling rig from an undisclosed operator in Southeast Asia.

  • Myanmar: PETRONAS Carigali Awards L&T EPCI Contract for Yetagun Field

    30 January 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Larsen & Toubro (L&T) signed a contract with PETRONAS Carigali Myanmar (Hong Kong) Limited in Yangon, Myanmar for executing an offshore engineering, procurement, construction, installation and commissioning project valued at over USD 100 million. The order enlarges L&T’s footprint in the competitive hydrocarbon upstream market in South East Asia, and has already been included in […]

  • Farstad Shipping gets new charter contracts

    14 February 2014
    Business & Finance

    Norwegian provider of large offshore vessels Farstad Shipping has been awarded several new charter contracts. The company today said that new charter contracts are worth $103.1 million, excluding options. Statoil has declared their one year option to extend the contract for the PSV Far Serenade, and Saipem has also declared the one year option to extend the […]

  • BG Spuds Sunbird Well Offshore Kenya

    6 January 2014

    Pancontinental Oil & Gas NL  has informed that the exploration well Sunbird-1 has started drilling in Licence area L10A offshore Kenya. The well is managed by the L10A Joint Venture operator BG Group, using the drillship Deepsea Metro 1. The Sunbird-1 well is planned to take 50 to 60 days to drill to 3,000m below sea level, […]

  • Anadarko signs Mozambique LNG supply deal with EDF

    20 February 2018
    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. 

  • OVL Completes Rovuma Stake Acquisition

    4 March 2014

    ONGC Videsh Limited (OVL) said it has completed the acquisition of 10% participating interest in the Rovuma Area 1 offshore Block from Anadarko Moçambique Area 1 Limitada. On the 24th August 2013, OVL signed definitive agreements with Anadarko to acquire this interest. Acquisition of an additional 10% Interest in Area 1 follows the company’s earlier […]

  • Stena Drilling lands drillship deal with Repsol in Mexico

    22 September 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.

  • Norsafe lifeboats for Culzean FSO

    30 August 2016
    Business & Finance, Equipment

    Norsafe has signed a contract with Singapore-based drilling rig builder Sembcorp Marine to deliver freefall lifeboats and davit systems for and ‘FSO to be installed in the UK sector of the North Sea.’ While Norsafe does not reveal the name of the North Sea project, it is safe to say that the FSO is destined for […]

  • Anadarko inks Mozambique LNG supply HoA

    18 June 2018

    Anadarko Petroleum Corporation signed a heads of agreement (HOA) with Tokyo Gas and Centrica LNG Company for the long-term supply of LNG.

  • Pancontinental Starts Drilling of Sunbird-1 Offshore Kenya

    6 January 2014
    Business & Finance, Operations & Maintenance

    Pancontinental Oil & Gas NL advises that the exploration well Sunbird-1 has commenced drilling in Licence area L10A offshore Kenya. The well is managed by the L10A Joint Venture operator BG Group, using the drillship Deepsea Metro 1. The Sunbird-1 well is planned to take 50 to 60 days to drill to 3,000m below sea […]

  • Shell grabs Mozambique LNG volumes

    5 February 2019
    Project & Tenders

    The Woodlands-based Anadarko has signed a sale and purchase agreement with Shell International Trading Middle East for the volumes to be produced by the Mozambique LNG project. 

  • Dominoes in Southeast Asia M&A space starting to fall, WoodMac says

    25 April 2019

    Southeast Asia could take center stage in the region’s upstream M&A activity in 2019, with up to $14 billion worth of assets potentially switching hands, according to a new report by Wood Mackenzie.

  • Stena drillship arrives in Mexico ahead of new gig

    31 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    A Stena Drilling-owned drillship has arrived in Mexico ahead of its offshore contract with the Spanish oil company Repsol.

  • Shell adds four new wells to Gumusut-Kakap project in Malaysia

    30 September 2019

    Shell has completed its Gumusut-Kakap Phase 2 project offshore Malaysia, which involved the drilling of four additional subsea wells tied back to its semi floating production system (GK-Semi FPS).

  • WTS Energy expands in Mozambique and Serbia

    5 May 2014
    Business & Finance

    WTS Energy has now increased its presence in Africa, with a new office in Mozambique.   The boom in natural gas production in this part of the continent has demanded further investment from WTS Energy in Africa. With existing offices in Nigeria, Gabon and Equatorial Guinea, the new establishment in Mozambique will increase its presence […]

  • L&T, PETRONAS Carigali Sign EPC Contract, Offshore Myanmar

    30 January 2013
    Business & Finance

    Larsen & Toubro (L&T) signed a contract with PETRONAS Carigali Myanmar (Hong Kong) Limited in Yangon, Myanmar for executing an offshore engineering, procurement, construction, installation and commissioning project valued at over USD 100 million. The order enlarges L&T’s footprint in the competitive hydrocarbon upstream market in South East Asia, and has already been included in […]