From the Star – Petronas awards two offshore contracts


From the Star, dateline 2009-10-27 (I’ve been away, okay?):

PETALING JAYA: Petroliam Nasional Bhd (Petronas) awarded two production sharing contracts (PSCs) for Block SB309 and Block SB310 offshore Sabah with an estimated minimum financial commitment of US$75mil and US$117mil respectively yesterday.

In a statement, Petronas said the PSCs were awarded to a partnership between its exploration and production arm Petronas Carigali Sdn Bhd and Talisman Energy Inc’s wholly owned subsidiary, Talisman Malaysia Ltd.

Talisman Energy is a global, diversified, upstream oil and gas company headquartered in Canada.

Under the terms of the PSCs, Talisman Malaysia, with participating interest of 70% in each block, will operate both blocks.

…

Here’s something to follow up in the year, ooh maybe 2012 (3 years exploration rights, I assume).

And why does everyone spell PETRONAS with lower case? Non-O&G reporters…

 

This entry was posted on Tuesday, November 3rd, 2009 at 6:00 am and is filed under engineering. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to From the Star – Petronas awards two offshore contracts

  1. mohdyakup says:
    November 3, 2009 at 5:30 pm

    hi mr wata are you at Bintulu currently? I think I just saw u mingering around at Parkcity area 🙂

    Reply
  2. JabbatheHutt says:
    November 3, 2009 at 8:43 pm

    I am waiting when CNOOC is taking talisman over?

    Reply

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