Through its subsidiary PB Logistics Sdn Bhd, the Brunei National Petroleum Company Sdn Bhd (PetroleumBRUNEI) yesterday entered a joint venture agreement with Kokuka Sangyo (KSK) and ITOCHU Corporation (ITOCHU) to form a company for the Brunei Methanol Tanker Project.
The signing ceremony took place at PetroleumBRUNEI office in the presence of the Chief Guest, Minister of […]
India’s Oil & Natural Gas Corp. (ONGC) and Royal Dutch Shell PLC recently revised their joint participation memorandum of understanding for projects to be auctioned in the forthcoming seventh round of India’s New Exploration Licensing Policy VII (NELP VII).
The original MOU was aimed at cooperation in field optimization using Shell’s proprietary enhanced recovery technology and […]
India’s Oil & Natural Gas Corp. (ONGC) and Royal Dutch Shell PLC recently revised their joint participation memorandum of understanding for projects to be auctioned in the forthcoming seventh round of India’s New Exploration Licensing Policy VII (NELP VII).
The original MOU was aimed at cooperation in field optimization using Shell’s proprietary enhanced recovery technology and […]
CB&I has been awarded a contract valued in excess of US$373 million by Woodside Burrup Pty Ltd., a subsidiary of Woodside Energy Ltd., and sole developer of the Pluto LNG Project.
The Pluto LNG Project, a liquefaction facility with a forecasted production of 4.8 million tonnes per annum, is located on the Burrup Peninsula in Western […]
For three minutes, on the day last May when Royal Dutch Shell released its first quarter earnings figures, a flame shot high into the air in front of the company’s head office in The Hague, scorching a human chain of about 40 protesters that circled it, a few meters away, to block police efforts to […]
Power generation and primary energy director Ali Herman Ibrahim said
“PLN was currently negotiating with a view to making LNG purchases from Iran following its failure to secure gas supplies from Qatar”.
PLN had been unsuccessful in its Qatar bid as that country intended to cut production in order to prop up prices on the world LNG […]
Brunei Darussalam’s oil and gas reserves are bound to increase with a new oil well ready to be drilled in a few days time. TOTAL E&P Borneo BV has taken a giant stride in exploration with its MLJ2-06 High Pressure and High Temperature (HPHT) project marking another milestone in Brunei’s oil and gas development.
The Minister […]
BG Group Plc, the U.K.’s third- largest natural-gas producer, said second-quarter profit rose 13 percent, helped by higher shipping volumes and prices of gas delivered to the U.S.
Net income climbed to 471 million pounds ($962 million) from 418 million pounds a year earlier, the Reading, U.K.-based company said today in a statement. That’s higher than […]
Contango Oil & Gas Company announced today that its Dutch #3 well on Eugene Island 10 has been successfully completed and production tested at a rate of approximately 34 million cubic feet equivalent per day (”Mmcfe/d”). The Company’s net revenue interest in Dutch #3, before payout, is approximately 30%, inclusive of its 42.7% investment in […]
Woodside Petroleum Ltd. (ASX: WPL.ax) , Australia’s largest independent oil and gas producer, reported a 9 percent rise in second-quarter output on Thursday, with at least three new projects due to come on-line in the next six months.
But output of 17 million barrels of oil equivalent (boe) was down 6 percent on the previous quarter, […]