Offshore Oil Rig

Search This Blog

Offshore Installation Project Management

August 26, 2016

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

Offshore Installation Project Management

Source link

offshore-oil-and-gas

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

Comments

PETRONAS AWARDED VIETNAM’S DEEPWATER BLOCK

PETRONAS, together with joint venture partner Chevron, has been awarded a deepwater exploration block offshore Vietnam, the company’s first deepwater acreage in the country. The Production Sharing Contract (PSC) for Block 122 was signed in Hanoi, Vietnam, on Friday, 28 April, between PetroVietnam, PETRONAS Carigali Overseas Sdn Bhd and Chevron Vietnam Phu Khanh (Block 122) Ltd. Mr. Mohamad Johari Dasri, Managing Director & CEO of PETRONAS Carigali Sdn Bhd, represented PETRONAS Carigali Overseas, while Mr. Steve Green, the Managing Director & CEO of Chevron Asia South Ltd, signed on behalf of Chevron Vietnam. PetroVietnam was represented by its President & CEO Dr. Tran Ngoc Canh. Block 122 covers an area of about 6,981 square km in Vietnam’s Phu Khanh Basin, and is located in water depths of between 50 and 2,500 metres. Under the terms of the PSC, equal partners PETRONAS and Chevron will jointly commit to acquire, process and interpret 3,000 km of 2D sei

PETRONAS GETS TWO NEW BLOCKS IN INDONESIA

PETRONAS, through its subsidiaries, has added two new blocks into its upstream business portfolio in Indonesia, further testimony to its commitment to establish a long-term position in the oil and gas industry of its ASEAN neighbour. PC (North East Madura IV) Ltd, a subsidiary of PETRONAS, was on 12 December awarded a Production Sharing Contract (PSC) for the North East Madura Offshore Block IV by Indonesia’s Badan Perlaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (BPMIGAS). BPMIGAS, on October 6, had also approved the acquisition of BP (Muriah) Ltd’s entire equity in the Muriah Block PSC by PETRONAS Carigali Overseas Sdn Bhd (PCOSB), another subsidiary of PETRONAS. Under the terms of the North East Madura Block IV PSC, PC (North East Madura IV) Ltd will acquire, process and interpret 500 square kilometres of offshore 3D seismic data, drill four exploration wells and undertake geological and geophysical studies in the Block during the PSC’s exploration phase. T

The mystery of Eugene Island 330 and self-renewing oil supplies

Look what i found on the Net about Self Renewing Oil Supplies Field. Quite an interesting articles and please share your thought. Eugene Island is an oil field in the gulf of Mexico, 80 miles off the coast of Louisiana. It was discovered in 1973 and began producing 15,000 barrels of oil a day which then slowed to about 4,000 barrels in 1989. Source : PrisonPlanet.com But then for no logical reason whatsoever, production spiked back up to 13,000 barrels a day. What the researchers found when they analyzed the oil field with time lapse 3-D seismic imaging is that there was an unexplained deep fault in the bottom corner of the computer scan, which showed oil gushing in from a previously unknown deep source and migrating up through the rock to replenish the existing supply. Furthermore, the analysis of the oil now being produced at Eugene Island shows that its age is geologically different from the oil produced there after the refinery first opened. Suggesting str

Offshore Installation Project Management

Comments

Post a Comment