Production Sharing Contract https://aogdigital.com/rss Production Sharing Contract en-US Mon, 12 Feb 2024 05:13:28 -0500 https://aogdigital.com/news/511455-baron-oil-schedules-site-survey-at-timorleste-gas-field Baron Oil Schedules Site Survey at Timor-Leste Gas Field Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well… Mon, 12 Feb 2024 10:13:28 Z https://aogdigital.com/news/511455-baron-oil-schedules-site-survey-at-timorleste-gas-field https://aogdigital.com/news/511103-jadestone-outlines-gas-sale-terms-with-pv-gas-for-fields-offshore-vietnam Jadestone Outlines Gas Sale Terms with PV Gas for Fields Offshore Vietnam Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation (PV Gas) for the gas sales and purchase… Fri, 26 Jan 2024 11:05:09 Z https://aogdigital.com/news/511103-jadestone-outlines-gas-sale-terms-with-pv-gas-for-fields-offshore-vietnam https://aogdigital.com/news/510996-petronas-awards-seven-new-pscs-for-six-offshore-blocks-in-malaysia Petronas Awards Seven New PSCs for Six Offshore Blocks in Malaysia Malaysia’s Petronas has awarded Production Sharing Contracts (PSCs) for six exploration blocks and one Discovered Resource Opportunities (DRO) cluster under the Malaysia Bid Round 2023… Tue, 23 Jan 2024 09:50:53 Z https://aogdigital.com/news/510996-petronas-awards-seven-new-pscs-for-six-offshore-blocks-in-malaysia https://aogdigital.com/news/510551-petronas-secures-20year-extension-for-java-sea-operations Petronas Secures 20-Year Extension for Java Sea Operations Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea… Thu, 04 Jan 2024 10:25:28 Z https://aogdigital.com/news/510551-petronas-secures-20year-extension-for-java-sea-operations https://aogdigital.com/news/510409-baron-oil-inks-farmup-deal-for-timorleste-development Baron Oil Inks Farm-Up Deal for Timor-Leste Development UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste… Wed, 27 Dec 2023 08:52:48 Z https://aogdigital.com/news/510409-baron-oil-inks-farmup-deal-for-timorleste-development https://aogdigital.com/news/510390-petronas-and-pttep-sign-deals-for-oil-and-gas-ops-offshore-malaysia Petronas and PTTEP Sign Deals for Oil and Gas Ops Offshore Malaysia Malaysia’s Petronas Carigali and Thai PTTEP have signed agreements related to the development of PTTEP-operated oil and gas Blocks SK405B and SK410B located off the coast of Sarawak… Tue, 26 Dec 2023 09:12:11 Z https://aogdigital.com/news/510390-petronas-and-pttep-sign-deals-for-oil-and-gas-ops-offshore-malaysia https://aogdigital.com/news/508879-indonesias-expanded-tangguh-lng-facility-begins-full-commercial-operations Indonesia's Expanded Tangguh LNG Facility Begins Full Commercial Operations BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the… Thu, 19 Oct 2023 12:44:40 Z https://aogdigital.com/news/508879-indonesias-expanded-tangguh-lng-facility-begins-full-commercial-operations https://aogdigital.com/news/508304-malaysian-fpso-firm-bumi-armada-gets-hold-of-indonesian-block-with-two-discoveries Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries Bumi Armada Berhad, a Malaysian company known for its FPSO leasing business, said Monday it had, via its subsidiary Armada Akia B.V (“AABV”) and its co-bidder, Pexco Tarakan NV… Tue, 26 Sep 2023 12:19:06 Z https://aogdigital.com/news/508304-malaysian-fpso-firm-bumi-armada-gets-hold-of-indonesian-block-with-two-discoveries https://aogdigital.com/news/507999-longboat-energy-expands-stake-in-block-2a-offshore-sarawak-with-topaz-acquisition Longboat Energy Expands Stake in Block 2A Offshore Sarawak with Topaz Acquisition Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest… Wed, 13 Sep 2023 10:38:42 Z https://aogdigital.com/news/507999-longboat-energy-expands-stake-in-block-2a-offshore-sarawak-with-topaz-acquisition https://aogdigital.com/news/507257-jadestone-energy-chooses-velesto-drilling-rig-for-east-belumunt-offshore-drilling-campaign Jadestone Energy Chooses Velesto Drilling Rig for East Belumunt Offshore Drilling Campaign Malaysian drilling contractor Velesto Drilling revealed Wednesday it had secured an offshore drilling rig contract with Jadestone Energy. Under the contract, Velesto… Wed, 16 Aug 2023 08:20:12 Z https://aogdigital.com/news/507257-jadestone-energy-chooses-velesto-drilling-rig-for-east-belumunt-offshore-drilling-campaign https://aogdigital.com/news/507160-factbox--indonesias-longdelayed-major-gas-projects FACTBOX - Indonesia's Long-delayed Major Gas Projects A recent ownership shakeup at two major Indonesian gas projects has injected renewed hope in the country's upstream gas sector, as the country hopes to tap into… Fri, 11 Aug 2023 11:55:36 Z https://aogdigital.com/news/507160-factbox--indonesias-longdelayed-major-gas-projects https://aogdigital.com/news/507155-indonesias-gas-ambition-faces-investor-test-with-shell-chevron-exits Indonesia's Gas Ambition Faces Investor Test with Shell, Chevron Exits Indonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas projects will jumpstart their development, as it races to more than double gas production by 2030… Fri, 11 Aug 2023 10:22:01 Z https://aogdigital.com/news/507155-indonesias-gas-ambition-faces-investor-test-with-shell-chevron-exits https://aogdigital.com/news/506790-prima-energi-acquires-northwest-natuna-psc Prima Energi Acquires Northwest Natuna PSC PT Bumi Pratiwi Hulu Energi (Prima Energi), an Indonesian-based upstream oil company, has acquired full ownership of the Northwest Natuna Production Sharing Contract… Wed, 26 Jul 2023 04:31:03 Z https://aogdigital.com/news/506790-prima-energi-acquires-northwest-natuna-psc https://aogdigital.com/news/505546-baron-oil-gets-sixmonth-extension-for-chuditch-psc-offshore-timorleste Baron Oil Gets Six-Month Extension for Chuditch PSC Offshore Timor-Leste Baron Oil's subsidiary SundaGas, which operates the Chuditch PSC, offshore Democratic Republic of Timor-Leste, has been granted a further six-month extension to… Fri, 02 Jun 2023 07:51:03 Z https://aogdigital.com/news/505546-baron-oil-gets-sixmonth-extension-for-chuditch-psc-offshore-timorleste https://aogdigital.com/news/504211-smj-acquires-50-stake-in-petronas-block-offshore-sabah SMJ Acquires 50% Stake in Petronas' Block Offshore Sabah SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of  Petronas' 50% non-operating stake in the… Fri, 07 Apr 2023 10:09:54 Z https://aogdigital.com/news/504211-smj-acquires-50-stake-in-petronas-block-offshore-sabah