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Equinor Awards New Service Ggreements for Electrical Equipment
April 14, 2021

Equinor Awards New Service Ggreements for Electrical Equipment
Renewables | Energy Facts Staff Writer | 3min
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Qatar Petroleum Enters Two Offshore Exploration Blocks in Namibia
April 13, 2021

Qatar Petroleum Enters Two Offshore Exploration Blocks in Namibia
Oil & Gas | Energy Facts Staff Writer | 4min
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PETRONAS today announced a new oil and gas discovery in the Sirung-1 wildcat exploration well of Block SK405B Production Sharing Contract (PSC), located in the shallow waters of Balingian Province, about 237 kilometres off the coast of Miri, Sarawak, Malaysia. The Sirung-1 exploration well was successfully drilled to a total depth of 2,538 metres in February 2021. The discovery of significant oil and gas column – exceeding 100 metres within the Oligocene to Middle Miocene sandstone reservoirs – further validates the potential of Balingian Province, with remaining prospects yet to be explored. PTTEP Sarawak Oil Limited as the operator holds 59.5 per cent, MOECO Oil (Sarawak) Sdn Bhd holds 25.5 per cent and PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, holds the remaining 15 per cent participating interest in Block SK405B. The PSC was signed in November 2017 as a result of the Malaysia Bid Round (MBR) 2015. PETRONAS Vice President of Exploration, Upstream, Emeliana Rice-Oxley said: “The Sirung-1 discovery further proves the presence of oil, especially in the under-explored deeper play within the Balingian Province. This came after similar success in an infill well at D18 Field. We are well-positioned to pursue a similar play in the other two neighbouring blocks in the same province, namely Blocks SK411 and SK306. As such, developing this block and other surrounding areas remains an integral part of PETRONAS and our partners’ long-term growth plans. “We are very encouraged by the continued success with our partners on the consecutive discoveries this year in Malaysia and remain optimistic in our exploration activities for 2021,” she added. For MBR 2021, PETRONAS is offering 13 new opportunities in the prolific basins of Malaysia which are also accompanied by enhanced fiscal and non-fiscal terms. This initiative is part of PETRONAS’ continuous efforts to grow with its partners in Malaysia.
April 11, 2021

Petronas Announced New Oil and Gas Discovery at Offshore Block SK405B
Oil & Gas | Energy Facts Staff Writer | 4min
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PETRONAS' Upstream Operations Declares Force Majeure on Its Yetagun Field
April 9, 2021

PETRONAS’ Upstream Operations Declares Force Majeure on Its Yetagun Field
Oil & Gas | Energy Facts Staff Writer | 4min
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Maersk Drilling Maersk Reacher
April 8, 2021

Maersk Drilling Secures Nine-Month Contract for Maersk Reacher in Norway
Oil & Gas | Energy Facts Staff Writer | 5min
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Mammoet Successfully Lifts Columns for Expansion Project
April 6, 2021

Mammoet Successfully Lifts Columns for Expansion Project
Oil & Gas | Energy Facts Staff Writer | 4min
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Ærfugl reduces CO2 per barrel by up to 30 percent on Skarv FPSO
April 5, 2021

Ærfugl Reduces CO2 per barrel by up to 30 percent on Skarv FPSO
Oil & Gas | Energy Facts Staff Writer | 4min
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Saipem Bags 1 Billion USD Contract with Qatargas
April 2, 2021

Saipem Bags 1 Billion USD Contract with Qatargas
Oil & Gas | Energy Facts Staff Writer | 2min
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Neptune Energy's Appraisal Sell Confirms Significant Discovery at Dugong
April 1, 2021

Neptune Energy’s Appraisal Well Confirms Significant Discovery at Dugong
Oil & Gas | Energy Facts Staff Writer | 3min
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Significant Oil Discovery Close to the Fram Field in the North Sea
April 1, 2021

Significant Oil Discovery Close to the Fram Field in the North Sea
Oil & Gas | Energy Facts Staff Writer | 3min
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Aker Solutions to Deliver Subsea Production System for Eldfisk North Development
March 31, 2021

Aker Solutions to Deliver Subsea Production System for Eldfisk North Development
Oil & Gas | Energy Facts Staff Writer | 2min
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Milestone Completion for Deep Water Steel Catenary Riser Installation in China
March 30, 2021

Milestone Completion for Deep Water Steel Catenary Riser Installation in China
Oil & Gas | Energy Facts Staff Writer | 3min
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