Offshore Oil & Gas Future Development







PETRONAS OPENS SECOND LPG PLANT IN VIETNAM

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS yesterday officially launched its liquefied petroleum gas (LPG) bottling plant in Dong Nai Province, Vietnam, which was acquired from ExxonMobil (Unique) Vietnam Co. Ltd. in September 2005. The plant, PETRONAS’ second LPG facility in Vietnam, marks its entry into the country’s southern LPG retail market.The launch ceremony, held in the Dong Nai Province in Vietnam, was officiated by Mr. Vo Van Mot, Chairman of the People’s Committee of Dong Nai Province. Also present was PETRONAS’ Vice President of Oil Business Datuk Anuar Ahmad.

With a production capacity of 62,000 metric tonnes per year, the LPG plant is managed and operated by a newly established wholly owned subsidiary, PETRONAS (Vietnam) Co., Ltd (PVL). The plant is equipped with 21 filling machines and a 3,000-metric tonne storage tank. It employs about 70 people comprising mostly locals from the Dong Nai Province. (more…)

PETRONAS OPENS SECOND LPG PLANT IN VIETNAM

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS yesterday officially launched its liquefied petroleum gas (LPG) bottling plant in Dong Nai Province, Vietnam, which was acquired from ExxonMobil (Unique) Vietnam Co. Ltd. in September 2005. The plant, PETRONAS’ second LPG facility in Vietnam, marks its entry into the country’s southern LPG retail market.

The launch ceremony, held in the Dong Nai Province in Vietnam, was officiated by Mr. Vo Van Mot, Chairman of the People’s Committee of Dong Nai Province. Also present was PETRONAS’ Vice President of Oil Business Datuk Anuar Ahmad. (more…)

PETRONAS STARTS PRODUCTION FROM BLOCK 5A IN SUDAN

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS is pleased to inform that it has started crude oil production from its Block 5A in Sudan, operated by White Nile (5B) Operating Company Ltd, which is a partnership between PETRONAS (68.875%) ONGC Videsh Ltd of India (24.125) and Sudapet of Sudan (8%).

Current production rate from the Thar Jath field is expected to stabilise at about 20,000 barrels per day (BPD), before gradually rising to 60,000 BPD by the end of this year. The partners have made provisions to increase the capacity to 150,000 BPD. (more…)

PETRONAS STARTS PRODUCTION FROM BLOCK 5A IN SUDAN

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS is pleased to inform that it has started crude oil production from its Block 5A in Sudan, operated by White Nile (5B) Operating Company Ltd, which is a partnership between PETRONAS (68.875%) ONGC Videsh Ltd of India (24.125) and Sudapet of Sudan (8%).Current production rate from the Thar Jath field is expected to stabilise at about 20,000 barrels per day (BPD), before gradually rising to 60,000 BPD by the end of this year. The partners have made provisions to increase the capacity to 150,000 BPD.

The Thar Jath field, measuring 54 square kilometres, is located within the prolific Muglad Basin 900 kilometres south of Khartoum. Its development involves the setting up of new infrastructure to store, treat and transport the oil, and linking this infrastructure to the existing facilities currently owned and operated by Greater Nile Petroleum Operating Company Ltd, a consortium in which PETRONAS, ONGC and Sudapet are also members. (more…)