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PETRONAS INFORMATION HOTLINE
PETRONAS would like to inform that its 24-hour Information Hotline set up following the September 11 incidents in the US will be operational from 8.00am to 8:00pm with effect from 20 October 2001.The change in operating hours of the 1-800-88-3500 Hotline is due to the reduction in the number of telephone calls and enquiries received by the call centre. (more…)
MLNG SIGNS SUPPLY AGREEMENT WITH SHIKOKU ELECTRIC
Malaysia LNG Sdn Bhd (MLNG), a subsidiary of PETRONAS, has signed a Sale and Purchase Agreement (SPA) with Shikoku Electric Power Co., Inc. (Shikoku Electric) to supply up to 420,000 metric tonnes per year of liquefied natural gas (LNG) for 15 years beginning 1st April 2010, with an option to extend for additional five years. The SPA sealed the Confirmation of Intent signed by both parties in January 2006.The SPA was signed in Kuala Lumpur today by Tan Sri Dato Sri Mohd Hassan Marican, Chairman of MLNG and Mr. Momoki Tokiwa, President of Shikoku Electric. (more…)
Canadian Oil Sands – Who Are the Major Players
The Canadian oil sands represent one of the most lucrative investment opportunities to oil and gas investors. With a reserve life of 35 – 50 years the oil sands will be a major source of crude oil for the years to come and will have a dramatic impact on crude oil prices. From an investor perspective it is valuable to know who the major players are in the Canadian Oil sands. Below are 4 of the major players in the Canadian oil sands. (more…)
PETRONAS AWARDS BLOCKS SB 312 TO PETRONAS CARIGALI AND KUFPEC
PETRONAS has awarded a Production Sharing Contract (PSC) for offshore Block SB 312 to PETRONAS Carigali Sdn Bhd and Kufpec.Block SB 312, covering an area of approximately 2,900 square km, is located about 80 km offshore Kota Kinabalu in water depths ranging from 60 to 150 metres.
Under the terms of the PSC, PETRONAS Carigali will own a 60 per cent interest in and will operate the block. Kufpec has the remaining 40 per cent interest and will carry 20 per cent of PETRONAS Carigali’s interest during the PSC’s exploration period. (more…)
Working In Iraq: Is It For You?
The US Army Corp of Engineers and numerous private companies are still looking for people to help rebuild Iraq’s infrastructure. In fact, one Web site currently has four pages of jobs in Iraq. And the pay can be very good. Some civilian contractor jobs start at $80,000. Others pay even more. A truck driver earning $30,000 in the US may be able to get a job in Iraq paying $70,000, $80,000 or even $90,000 a year.
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