Mubadala Petroleum, the operator of the G1/48 Concession and the Manora Oil Development, has given notice to Northern Gulf Petroleum Pte. Ltd. (NGP) that it is in default under the terms of the G1/48 Joint Operating Agreement
Woodside Petroleum has signed production sharing contracts (PSCs) for offshore blocks AD-2, AD-5, A-4 and A-7, awarded to Woodside in the 2013 Myanmar Offshore Bid Round
InterOil Corporation believes it is well placed for development of the Elk-Antelope gas field in Papua New Guinea, potentially the lowest cost new-build LNG project in the world, following ready cash available from 2014 divestments
KrisEnergy has commenced drilling of the Rossukon-2 exploration well using the Key Gibraltar jack-up rig in G6/48 in the Gulf of Thailand, where the Rossukon oil accumulation was discovered in 2009
Eni has completed post drilling studies on the Merakes-1 gas finding, located in the Indonesia deep offshore East Sepinggan Block, which indicates significant upside gas potential
IEV Holdings has announced that hydrocarbon bearing intervals have been identified in the Parigi and Upper Cibulakan Formations in the CLS-1TW development well in Cilamaya Structure, onshore West Java
Sabah Shell Petroleum Company has awarded Petra Resources (a subsidiary of Petra Energy) a contract for the provision of topside maintenance execution services at the Gumusut-Kakap Floating Production System via its Letter of Award dated 18 November 2014.
