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Local Oil Firm : Lack of access to funding hinders growth of local oil firms
According to him, the company is the local content vehicle in oil prospecting licence (OPL) 282 with Agip, a subsidiary of Italy’s Eni.
Lack of access to sufficient funding has been identified as the major factor hindering the growth of indigenous oil companies in the country.
Bright Ahonsi, managing director Oando Exploration and Production Limited, made this [...]
OGA 2007 To Boost Malaysian Oil And Gas Industry
The local oil and gas exploration and production industry is expected to receive a boost from the 11th Asian Oil, Gas and Petrochemical Engineering Exhibition (OGA) 2007 which will held here from June 13 to 15.
The event is expected to draw more than 800 companies from over 50 countries, including the United States, the United [...]
ExxonMobil sets deadline for Guntong project
US oil giant Exxon Mobil Corp’s subsidiary, ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) will focus on completing the commissioning of the remaining turbo-compressors at its new Guntong E platform this year as part of its aim to meet the growing demand for gas in the country.
“We have started operations on the Guntong [...]
