Indonesia
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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Sale includes stake in the Abadi gas project.
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New terms would allow contractors more than 50% equity share in some new blocks.
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Total structure discovered could hold as much as 5 Tcf of gas in place.
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Petronas and Pertamina purchase 35% stake in offshore Indonesia parcel which contains the Abadi gas project.
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This paper presents the oil spill contingency plan adopted by Pertamina to protect sensitive areas on and around Java, the world’s most populous island.
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The four blocks on offer could contain around 4 billion bbl of oil.
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The complete paper outlines adaptations of the SPE Petroleum Resources Management System to a company’s business processes.
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Petronas and Pertamina share their technical approach in implementing and optimizing artificial lift using advanced technology and their vision for the future. Their experiences in dealing with operational challenges in a mature field highlight areas for improvement and innovation.
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KUFPEC makes commercial discovery of natural gas and condensate in the Anambas Block.