PSC

Petronas Angsi standby triggers Shell Malaysia St Joseph CEOR project

Shell calls for bid St Joseph CEOR Pilot Vessel project The international oil company (IOC) Royal Dutch Shell is calling for bid a three year engineering contract to design and develop a pilot vessel to provide chemical enhanced oil recovery (CEOR) at the St Joseph oil field offshore the State of Sabah in Malaysia. This …

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Murphy Oil and Petronas to speed up Kenarong and Pertang Development offshore Malaysia

Kenarong – Pertang competitive FEED to be an option Murphy Oil Corporation (Murphy Oil) and the Malaysian oil company Petronas are considering the option to organize a competitive front end engineering and design (FEED) to develop the Kenarong and Pertang natural gas fields of the Block PM311 in the shallow water of the east coast …

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Golar and Exmar in contest over Canada BC LNG project

LNG Partners opt for FLSU moored in Douglas Channel The liquefied natural gas (LNG) carriers fleet owners Golar LNG, registered in Bermuda and managed from Norway, and Exmar from Belgium enter intense contest around the Douglas Channel LNG project headed by LNG Partners LLC and LNG BargeCo BVBA in British Columbia, on the west coast of Canada. …

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Tullow to reach final investment decision in Mauritania Gas-To-Power

Xodus completes FEED on Banda Gas production The Houston-based engineering company Xodus Group (Xodus) is currently completing the front end engineering and design (FEED) work for the development of the offshore Banda gas field as the upstream part of the Mauritania Gas-To-Power project. In a similar scheme to the Kudu Gas-To-Power project in Namibia, Tullow …

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BP Oman Full Field Development phase-1 at bid stage

Block 61 among world largest tight gas development In January 2013, BP received the technical and commercial offers from the engineering companies bidding on the key packages of its Block 61 tight gas full field development phase-1 project in the Sultanate of Oman. Last September, BP had announced to scale up its capital expenditure from $15 billion …

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Genel to convert Miran field exploration into $2.5 billion project

Genel to export Kurdish Iraq natural gas to Turkey Genel Energy is considering a $2.5 billion gas central processing facility to turn Miran gas field into production. The Miran natural gas field is located in the Kurdistan Region in Iraq and had been awarded through a production sharing contract (PSC) by the Kurdistan Regional Government (KRG) …

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Total signed Farm-in agreement with Petronas in Mozambique

Total and Petronas to race in offshore Rovuma basin The French international oil company, Total and the Malaysian national oil company Petroliam Nasional Berhad (Petronas) signed a Farm-in agreement on the Area 3 and Area 6 of the Rovuma basin in the Strait of Mozambique. According to this agreement, Total will take 40% of the interests …

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Iraq and Kurdistan Regional Government agree on oil payment

Genel Energy to benefit from dispute resolution In November 2011, the Turkish company Genel Energy International Ltd merged with Vallares PLC to become the largest oil and gas company operating in the Kurdistan region of Iraq. Renamed Genel Energy, the new company enlisted the London Stock Exchange (GENL). For both companies the purpose of this …

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