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Friday, October 24th, 2008
Sime Darby Bhd today announced that it has secured a contract from Petronas Carigali Sdn Bhd (Carigali) worth RM1 billion for the construction of offshore oil & gas processing platforms.
In a statement, it said the contract was awarded to Sime Darby Engineering Sdn Bhd (SDE), Sime Darbys wholly owned subsidiary ...
Posted in Mining Company, Mining Industry, Mining Investment, Oil & Gas | No Comments »
Wednesday, October 8th, 2008
It may come as a surprise that the Philippines has substantial oil reserves. But the growing number of oil exploration activities in select parts of the country attests to promising finds.
In 2005, the Department of Energy estimated that the Philippines had a total of 456 million barrels of ...
Posted in Exploration, Mining, Mining Company, Mining Investment, Mining Technology, Oil & Gas, Trade & Market | No Comments »
Monday, August 18th, 2008
Petroliam Nasional Bhd. is close to an agreement to resume oil exploration in Ethiopia's Somali region, the Reporter said, citing people it didn't identify.
The oil company is in talks with Sino Africa, an exploration company owned by Ethiopian businessman Tewodros Ashenafi, to conduct seismic surveys and drill wells in the ...
Posted in Exploration, Mining Contractor, Oil & Gas | No Comments »
Wednesday, July 30th, 2008
Trend News T.Zhukov / Petronas Carigali Overseas Sdn. Bhd., the Malaysian corporation, will conduct geological exploration work in the Surkhanski investment bloc (Surkhandarinski region), Trend Capital correspondent reported from Tashkent.
The relevant agreement was signed between Uzbekneftegaz National Holding Company (NHC) and Petronas Carigali corporation, the Malaysian company’s Tashkent ...
Posted in Drilling, Exploration, Mining Contractor, Mining Investment, Mining Technology | No Comments »
Wednesday, July 30th, 2008
MARKETS have long kept their fingers crossed that the uproarious oil prices would reach its crescendo and start its downward descend.
The relief when it finally did a week ago is unmistakable; financial markets are the first to exhibit its blatant glee. The joy is palpable and the cry of ecstasy ...
Posted in Exploration, Mining, Mining Contractor, Mining Finance, Mining Investment, Oil & Gas, Oil Price, Trade & Market | No Comments »
Wednesday, July 30th, 2008
Petronas has received some domestic flak following fuel-price rises in Malaysia, but continues its impressive international expansion, writes NJ Watson
PLAYING at home is usually seen as an advantage. But Malaysia's national oil company, Petroliam Nasional Berhad (Petronas), is finding the going much easier abroad as it comes under sustained attack ...
Posted in Exploration, Gasoline, Mining, Mining Finance, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Friday, July 11th, 2008
PETROLEUM products group Engen announced yesterday it had concluded a sale and purchase agreement to buy Shell’s downstream business interests in Lesotho and crisis-torn Zimbabwe, where Engen said it was taking a long-term view that the economy would recover.
Engen’s foray into Zimbabwe comes as that country’s political and economical outlook ...
Posted in General News, Mining Contractor, Mining Finance, Mining Investment, Mining Technology, Trade & Market | No Comments »
Sunday, June 29th, 2008
Cairn India Limited who won the bid to explore for oil in the Mannar Basin will sign the Petroleum Resource Agreement on 7 July at Temple Trees, the official residence of President Mahinda Rajapakse.
"They were expected to sign the agreement today (30 June) but they will be here on 07 ...
Posted in Company, General News, Mining, Mining Contractor, Mining Finance, Mining Technology, Oil & Gas, Trade & Market | No Comments »
