Carigali Hess Operating Company Sdn. Bhd. awarded Allied Marine & Equipment Sdn. Bhd. (AME) a contract to provide subsea inspection to Carigali Hess鈥 facilities. AME is a subsidiary of Malaysia鈥檚 SapuraKencana Petroleum Berhad. Within the terms of the contract鈥
The Caspian Sea is a land-locked interior basin with established oil and gas production that has seen increasing activity since the bordering nations gained independence from the former USSR in the late 1990s. Five nations surround the sea: Russia鈥
Eni successfully completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, approximately 300km northwest of Darwin鈥
The Kanowit FLNG facility is under construction at Daewoo Shipbuilding & Marine Engineering (DSME) in Okpo, South Korea, where first steel was cut in June. Petronas Floating LNG 1 (Labuan) Ltd. signed a US$771million contract for engineering鈥
JX Nippon Oil & Gas Exploration Corp. entered into a production sharing contract (PSC) for deepwater block 2F offshore Sarawak with Petroliam Nasional Berhad (Petronas) effective September 19. Deepwater block 2F is located in the northwest of Sarawak鈥
Ernie Delfoes, managing director of Eni鈥檚 Australian division, announced that the company plans to spend up to US$230 million drilling in the Timor Sea over the next 18 months. On April 13, Eni was awarded an exploration production sharing contract in the Timor Sea鈥
CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey鈥
鈥淩umours of the IOCs demise are premature鈥, said Shell鈥檚 upstream director Andy Brown to a crowded lunch discussion on the roles of IOCs, Independents and NOCs yesterday. Brown said as NOCs are now operating outside their home countries鈥
Malaysia's national oil and gas company Petroliam Nasional Bhd (Petronas) projected to make a final investment decision on a floating liquefied natural gas (FLNG) project for the Rotan field in Block H, offshore Sabah, in 2H 2013. The Malaysian Business Times reports that once sanctioned鈥
OGX Petróleo e Gás Participações S.A. (OGX)), received the Installation License to begin activities related to the development of oil production in BM-C-39 and BM-C-40 blocks, in the Campos Basin. The license was granted by the Brazilian鈥
Brazilian oil firm OGX, an EBX Group company, could face significant challenges in securing future investments and partnerships in the country, after its operations in the Tubarao Azul field yielded less-than-expected production rates, says an analyst with GlobalData鈥
RWE in Suriname RWE Dea signed a farm-in agreement with Petronas Suriname E&P BV, acquiring 40% interest in Block 52 off Suriname. The block is in the Guyana-Suriname Basin 120km off the northeast coast of South America in 100-1,000m deep water and has potential in Upper Cretaceous strata鈥
Petronas Carigali, E&P subsidiary of Malaysia鈥檚 national oil company, extended the contract for the jack-up Maersk Convincer by one year. The rig will be on contract with Petronas until mid-November 2014. As part of the drilling campaign offshore Malaysia鈥
Sabah Shell Petroleum Co. Ltd. received a semisubmersible floating production system (FPS) for Malaysia鈥檚 Gumusut-Kakap deepwater field offshore Sabah. The FPS was handed over to Sabah Shell in early June and is installed in about 1200m water depth鈥
A semisubmersible floating production system for Malaysia鈥檚 Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia鈥檚 second deepwater development after the Kikeh oil field鈥
