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In the most recent data collected, Pakistan stands at 152 on the United Nation’s Human Development Index (HDI). The HDI is a measure of a country’s growth that encompass the people’s average life span, accessibility to education as well as decent standards of living. It is only right for the nation’s leader, Prime Minister Imran Khan, to want to look for solutions. And according to the United States Energy Information...
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SapuraOMV Upstream has started production of gas on its Larak field, a maiden project on Block SK 408 production, located at Sarawak in East Malaysia. The SK 408 fields were originally discovered during a 2014 drilling campaign. The project is at the initial development phase where commercialisation of the Gorek, Larak and Bekong fields are being carried out. The fields are being tied back to an existing processing facility so...
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The energy industry in Indonesia is up for some big changes, as the country has signed 11 business deals worth 314.9 trillion rupiahs ($23 billion) with the United Arab Emirates. These deals involve multiple investments in energy and other sectors.  The two countries signed multiple memorandums in the presence of Mohamed bin Zayed al Nahyan, crown prince of Abu Dhabi and Joko Widodo, Indonesia’s President. They were also announced by...
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Japanese petroleum giant JX Nippon has commenced oil production from a newly installed floating production, storage and offloading vessel at the Layang field off Malaysia. The partnership between the giant’s subsidiary in Malaysia and Petronas Carigali, which started from 3rd December 2019, is being handled by Helang FPSO, a company owned by Yinson Holdings. The estimated output from this field is about 3000 barrels per day and about 10,000 barrels...
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An offshore exploration well has been spudded by Indonesia’s Medco Energi at its multi-field oil and gas complex in Block B in the Natuna Sea. In 1986, the Natuna Sea was recognised officially as its’ own entity by the International Hydrographic Organisation as it was previously acknowledged as part of the South China Sea. The initial process has been done through semi-submersible Hakuryu-5, the first semi-submersible spudding in Indonesia. The...
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