The Indonesian unit of Chevron Corp produced 209,400 barrels of oil per day (bpd) from the Rokan block in 2018, down from 223,000 bpd a year earlier, Dwi Soetjipto, chairman of upstream oil and gas regulator SKK Migas said.Exxon Mobil produced 209…
Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations, Deputy Energy Minister Arcandra Tahar, said on Thursday.The winners are Pearloil (Theralite) Ltd. for South Andaman block…
Italian oil and gas company Eni has discovered more gas near the Merakes field offshore Indonesia.Eni said on Wednesday it successfully drilled a well in the East Sepinggan block offshore Kalimantan to a depth of 3,400 m MD in 1,592 m of water…
Italian energy giant Eni announced that Indonesia has approved its investment plan for the Merakes project, located in the Kutei Basin, offshore East Kalimantan.Eni will now start work on developing the project, which will involve drilling and constructing subsea wells in water depths of 1…
Energy company Eni aims to start output of natural gas from its offshore Merakes project in Indonesia in 2021, the country's deputy energy minister said on Tuesday.Initial production at Merakes would be 155 million cubic feet of natural gas per day (mmcfd)…
Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…
Steve Hamlen profiles the East Natuna gas field offshore Indonesia. Image from iStock. The huge East Natuna gas field in Indonesia’s Natuna Sea is considered to be the largest undeveloped gas prospect offshore Asia…
Italian giant Eni discovered pay at the first appraisal well of its Merakes discovery offshore Indonesia. Image from Eni. The company successfully drilled and tested the Merakes 2 well…
The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…
While at first the oil price seemed to spur a rash of big M&A deals in 2014 and early 2015, analysts at GlobalData and IHS say the market could slow if the oil price doesn’t increase. Jeannie Stell reports. Image from Baker Hughes…
Aging offshore production systems and infrastructures can be given extended lifecycles with today’s creative methods of remediation, standardization, and preventative techniques, say a group of engineers presenting at the recently held Offshore Technology Conference in Houston…
Premier Oil’s Pelikan is onstream after gas production began from the field, offshore Indonesia. Map from Premier Oil. The Pelikan field is located in the Natuna Sea Block A and has 75 Bcf of reserves…
Wärtsilä signed a joint development agreement with Indonesian national energy company Pertamina and waste utilization company Godang Tua Jaya on 8 October with the intent to create the first bio-LNG plant in Indonesia. Wärtsilä Oil &…
Murphy Oil Corp. entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets in a US$2 billion all-cash deal. The contract will take place in two phases: the first phase…