Petronas Finds Oil Offshore

Friday, July 21, 2000
Malaysia's state-oil firm Petronas has discovered oil in the Samarang-Asam Paya production sharing contract (PSC) area offshore eastern Sabah state. Tests carried out on the Alab-1 well flowed oil at a rate of 4,700 bpd. "The discovery is currently being evaluated and further exploration activities, including new seismic data acquisition and appraisal drillings are planned," Petronas said. It said that due to its proximity to the facilities of the Samarang oil fields, Petronas is targeting an early commencement of the development and production of the new field.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Maersk Venturer to Drill for Total

Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration

Three Specialists join Wood Group

Wood Group has appointed three senior engineering specialists who will lead a new team of up to 20 people in the UK to further build Wood Group’s capability in vibration, dynamics and noise.

MacArtney, Moog Focal in Expansion Mode

Moog Focal Technologies Corporation and the MacArtney Group have agreed to intensify their multi-service partnership aiming at expanding their long-term business


Green Signal to New Access Channel to Port Said East

The construction of a wide access channel to Port Said East, as the side channel project, has officially received approval.   The head of the Suez Canal Authority (SCA),

Ship Spills Oil in Whangarei Harbour

A Hong Kong-registered ship, Ning Po, has leaked some fuel but it is unclear how much has been spilled or what the cause of the leak was, say local media reports.

NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday.

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3759 sec (3 req/sec)