Chevron suspends production following Benchamas accident
Officials have recovered the body of the crew member and will return him to his family.
Officials have recovered the body of the crew member and will return him to his family.
The ventureโs main development now is Jerun. OMV expects this to start producing in 2024, with the net production of around 25,000 boepd.
The company claimed there was only a negligible impact on the environment. The response prompted the whistleblower to speak up.
Malaysiaโs Petronas is the latest company tipped to be interested in acquiring a stake in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs Inpex (TYO:1605)
Shell (LON:SHEL) has completed the sale of its Malampaya gas field in the Philippines to Prime Infrastructure Capital following regulatory approvals and consent from joint venture partners.
Papua New Guinea (PNG) offered Japanese companies favoured access to new gas field development opportunities and liquefied natural gas (LNG) processing projects in trade talks that focused on energy security, PNG Prime Minister James Marape said, reported Reuters.
Petronas today announced a gas discovery from its Cengkih-1 exploration well in Block SK 320 in the Central Luconia Province, about 220 kilometres off the coast of Bintulu, Sarawak, offshore Malaysia.
Chevron (NYSE:CVX) confirmed that its wholly owned subsidiary, Chevron New Ventures, has entered into a memorandum of understanding (MOU) with Indiaโs Oil and Natural Gas Corporation (ONGC) to assess the exploration potential across a number of basins in India, the company told Energy Voice.
Indonesia may form a consortium to buy Shellโs (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs Inpex (TYO:1605), the countryโs investment minister said Thursday.
Harbour Energy is expected to start gas production from its Andaman II Block offshore Indonesia in 2028, according to a senior Indonesian government official.
Malaysiaโs national oil company Petronas is considering acquiring further upstream acreage offshore Indonesiaโs Aceh province as it seeks to develop more gas projects in the Southeast Asian nation. Significantly, more incentives are expected to be offered to encourage exploration investment.
Shell and Petronas have taken the final investment decision (FID) to develop the Rosmari-Marjoram gas project in Sarawak, Malaysia.
The Philippines is open to new talks with China on oil and gas exploration, the Southeast Asian nationโs top diplomat said.
The cost to add carbon capture and storage (CCS) to the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is owned by Japanโs Inpex (TYO:1605) and Shell (LON:SHEL) is expected to cost over $1 billion.
ExxonMobil (NYSE:XOM) and Indiaโs Oil & Natural Gas Corporation (ONGC) have signed a heads of agreement covering deepwater exploration off the east and west coasts of India. The news bodes well for ONGC, which recently pledged to boost exploration investment by 150% to $4 billion.
Indonesian upstream regulator SKK Migas has confirmed that Repsolโs (BME:REP) Kali Berau Dalam (KBD) gas discovery, initially thought to be the countryโs biggest find in 18 years, is significantly smaller than expected, putting the mega project in doubt.
The Indonesian government is directing national oil company Pertamina to buy Shellโs (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs Inpex (TYO:1605).
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asiaโs fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
Spainโs Repsol has started drilling the much-anticipated Rencong-1X wildcat in the frontier deepwaters of Indonesiaโs North Sumatra basin in the Andaman III Block.
BP (LON:BP) and Reliance are expected to start commissioning of the MJ gas development in the KG D6 deepwater Block offshore eastern India later this year. The MJ field will have an annual average production capacity of 90 million barrels of oil equivalent per day (boed).
Indonesia, which is seeking to significantly boost oil and gas production this decade, is today launching its first 2022 bid round. Six blocks are up for grabs, offering a range of exploitation, near-field and frontier high-impact opportunities.
Chain National Offshore Oil Corporation (CNOOC) is offering 13 offshore exploration oil and gas blocks to foreign companies as part of its 2022 bidding round.
Italyโs Eni (BIT:ENI) is offering to sell its Krueng Mane Block offshore Aceh in Indonesia to London-listed Harbour Energy (LON:HBR), reported Indonesian upstream regulator SKK Migas. Significantly, the potential acquisition seems logical given that Harbourโs recent exploration success could trigger a new development area in the region.
South Koreaโs Samsung Engineering has won a $680 million engineering, procurement, construction and project management contract to build an onshore gas plant for Shellโs Rosmari Marjoram development in Sarawak, Malaysia.
TotalEnergiesโ (LON:TTE) is planning to explore a large undrilled shallow-water gas prospect in the Cape Vogel basin offshore Papua New Guinea (PNG) after signing a technical cooperation agreement with Australiaโs Lakes Blue Energy.