Chevron Enters Design Phase, Awards FEED Contracts Offshore Indonesia
Chevron awarded FEED contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. The contract for the FPUs was allocated to PT Technip Indonesia; the contracts for the subsea and flowline system and for export pipelines were awarded to PT Worley Parsons Indonesia; and PT. Singgar Mulia received the contract for the onshore receiving facility. The Gendalo-Gehem project will include two separate hub developments, each with its own floating production unit (FPU), subsea drill centers, export gas and condensate pipelines and an onshore receiving facility. Gas from the project will be used both domestically and also converted to LNG at ...
Pertamina, Exxon Ink Deal to Co-Develop Natuna Gas Project Indonesia
Pertamina and Exxon Mobil Friday signed a preliminary agreement to co-develop the offshore East Natuna Block, paving the way to extract natural gas from the massive block located in the South China Sea. Projects like Natuna and Chevron's deep-water Gendalo-Gehem gas development are helping to restore Indonesia's status as a major oil and gas producer, after the country suspended its membership in the Organization of Petroleum Exporting Countries as output fell in recent years. Pertamina Chief Executive Officer Karen Agustiawan told reporters that Pertamina is still in talks with other potential partners to develop the block, formerly called Natuna D-Alpha. Agustiawan didn't name ...
Shell Oil Appoints Three Chief Scientists
Shell today announced the appointment of three chief scientists to cover the critical industry disciplines of exploration, unconventional oil, and in-well technology. This further strengthens Shell’s existing group of six top scientific experts. Expanding its group of chief scientists underscores the importance Shell places on delivering targeted responses to the challenges of a rapidly changing energy landscape, including demand of business customers. “These appointments further differentiate Shell as an industry leader in technology and innovation. The chief scientists are critical solution drivers for our business today and in future,” said Gerald Schotman, Chief Technology Officer for Royal Dutch Shell. ”Our chief ...
UPSTREAM
BP: Gulf Oil Spill Rate Lower than US Government EstimateBP has suggested that the actual flow rate of its massive oil spill in the Gulf of...
Chevron Enters Design Phase, Awards FEED Contracts Offshore Indonesia
Chevron awarded FEED contracts for the Gendalo-Gehem natural gas development in East...
Pluspetrol hits Angola pay
Argentina’s Pluspetrol has hit a hydrocarbon column with an appraisal well on ...
Read more posts from UPSTREAM
OFFSHORE-MAG
Pertamina, Exxon Ink Deal to Co-Develop Natuna Gas Project IndonesiaPertamina and Exxon Mobil Friday signed a preliminary agreement to co-develop the...
Shell Oil Appoints Three Chief Scientists
Shell today announced the appointment of three chief scientists to cover the critical...
Kreuz wins South Asia subsea installation job
SINGAPORE – Kreuz Holdings Ltd. has a letter of intent for $6.2 million in subsea...
Read more posts from OFFSHORE-MAG
WORD OIL
LOOK FOR SHARES OF SCHLUMBERGER TO POTENTIALLY PULLBACK AFTER YESTERDAY’S 0.15% RISE (SLB)Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $81.30 to a high of $83.21. Yesterday, the shares gained 0.15%, which took the trading range above the 3-day high of $83.00 on volume of 6.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should... [Read more of this review]
U.S. govt, Halliburton reach deal on fracking info
WASHINGTON, Dec 7 (Reuters) – Halliburton (HAL.N) has reached an agreement with the U.S. government to comply with an order to turn over details about the chemicals the company uses in a controversial technique to drill for natural gas. The Environmental Protection Agency subpoenaed Halliburton last month, saying the company had not fully complied... [Read more of this review]
Chevron Atlas Energy
Chevron sees Atlas output surge Oil and Gas Magazines – Chevron expects Atlas Energy, which it has agreed to buy for $3.2 billion, to ramp up output to 100,000 barrels of oil equivalent per day, or more than seven times current production. Company boss John Watson, who did not give a timeline for the increased production from Chevron properties... [Read more of this review]
Read more posts from WORD OIL
