Premier announced today that the first gas under the Domestic Swap Agreement (DSA) commenced on 1 July. Premier will supply up to an additional 40BBtud (gross) from its operated Natuna Sea Block A offshore Indonesia to the domestic market…
Rosneft has started field works at five license blocks in the Barents and Pechora Seas ahead of planned drilling in 2016-2017. The five blocks are: West Prinovozemelsky, located in the northeastern part of the Barents sea near the Novaya Zemlya archipelago…
Premier Oil has announced a gas discovery on the Singa Laut-1 well in Tuna production sharing contract (Premier Oil operator, 65%) offshore Indonesia. The well penetrated 177ft of net gas-bearing reservoir quality sands within the targeted Oligocene sequence…
Natural gas production has started from the South Belut gas field in the South Natuna Sea, ConocoPhillips-operated block B in Indonesia, says partner, Japan’s Inpex. Block B is about 1200 km north of Jakarta, the capital city of Indonesia…
Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…
AWE Limited announced that it has been awarded a new exploration permit offshore Western Australia, WA-497-P (formerly release area W13-18), as part of the Australia 2013 Offshore Petroleum Exploration Acreage Release. The permit covers…
“The South China Sea is not the new Persian Gulf. It should just be thought of as an important part of the supply picture of this region,” Alexander Metelitsa, an economist at the US Energy Information Administration (EIA), told delegates at IP Week in London…
Australia-based Santos Ltd. announced that natural gas production has commenced ahead of schedule from the Peluang gas project offshore East Java in Indonesia. Sanctioned in February 2013, Peluang is a tie-back to the existing facilities…
The supervisory board of South Stream Transport BV approved the signing of a construction contract for the South Stream Offshore Pipeline on 11 March 2014, a day after European Union Energy Commissioner Guenther Oettinger was quoted by German daily newspaper Die Welt…
Lundin Petroleum AB has commenced the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 will be followed by a sidetrack, Boni-01. Balqis-01 is a wildcat oil exploration well designed…
Lundin petroleum began towing the Hakuryu-11 jackup rig to Indonesia, for drilling of the Balqis-1 well part of the Baronang production sharing contract (PSC). Following drilling on the Balqis-1, the Hakuryu-11 will commence drilling on the Boni-1 well…
PTTEP and Pertamina agreed to form a 50:50 joint venture to buy Hess’ assets offshore Indonesia for US$1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
Prosafe was awarded a 60-day contract by Swiber Offshore Construction Pte Ltd for the provision of the semisubmersible Safe Astoria for operations in the Natuna Sea gas project’s facilities off Indonesia. Total value of the contract firm period is approximately US$6…
PTTEP and Pertamina signed a 50:50 joint venture to buy Hess' assets off Indonesia for US $1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
Santos announced the acquisition of a 50% interest in the Northwest Natuna Production Sharing Contract (PSC) in the South China Sea offshore Indonesia from AWE Ltd. The NW Natuna PSC contains the undeveloped Ande Ande Lumut oil field, which…
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