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| 17-12-2013 |
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| 29 years PT Pipa Mas Putih |
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PT PIPA MAS PUTIH began production of industrial quality screens for the oil, gas, water, mining and food industries in 1985. This has been a period of challenge for all PIPAMAS staff as our company rapidly expanded to meet the market demand for our produ
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| 06-08-2013 | | CNOOC signs PSC with Shell | | |
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CNOOC signs PSC with Shell
CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883) announced today that its parent company, China National Offshore Oil Corporation (CNOOC) has signed production sharing contract (PSC) with Shell China Exploration and Production Company Limited (Shell) for Block 35/10 in Yinggehai Basin in the South China Sea.
Block 35/10 is located in Yinggehai Basin in the South China Sea. It covers a total area of 3,427 square kilometers with water depth of 80-110 meters.
According to the terms of the PSC, Shell will conduct 3D seismic data survey and may drill exploration wells in the block during the exploration period, in which all expenditures incurred will be borne by Shell. CNOOC has the right to participate in up to 51% working interest in any commercial discoveries in the block.
Source: CNOOC Limited
http://www.youroilandgasnews.com/cnooc+signs+psc+with+shell_92915.html | | | [ Back ] | |
Other News : - 29 years PT Pipa Mas Putih (06 August 2013)
PT PIPA MAS PUTIH began production of industrial quality screens for the oil, gas, water, mining and food industries in 1985. This has been a period of challenge for all PIPAMAS staff as our company rapidly expanded to meet the market demand for our produ
- Boss SKK Oil : Oil Era in Indonesia It Through (06 August 2013)
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State-owned oil and gas firm Pertamina has begun constructing the Arun liquefied natural gas (LNG) in Aceh Province which is expected to be completed at the end of 2014.
- Opec ‘comfortable’ with 2014 oil outlook (06 August 2013)
The Organization of the Petroleum Exporting Countries’ (Opec) Secretary General said he was comfortable with the market outlook for 2014 and a forecast drop in demand for Opec oil was not large, indicating the group may not make big changes to output po
- Indonesia: Pan Orient sees high potential in farmouts (06 August 2013)
Indonesia: Pan Orient sees high potential in farmouts
By OGJ editors
An active drilling program in 2014 in Indonesia, subject to the timing and success of farmout efforts, will target some potentially large prospects at which success at any one coul
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