Offshore Indonesia Latest Information

Offshore Indonesia Latest Information

PTTEP Dilutes Assets Offshore Indonesia
by PTT Exploration and Production Public Co. Ltd. PTT Exploration and Production Public Company Limited (PTTEP) has agreed to dilute its share in three deep-offshore exploration blocks in the Makassar Strait in Indonesia to Total, French oil company.

Santos starts up Wortel gas production offshore Indonesia
ADELAIDE, Australia – Gas production has started from Wortel in Indonesia. The Santos Ltd. operated project is in the Sampang Production Sharing Contract offshore East Java,

The 4th Deepwater Asia Congress 2012 to Kick Off on May 23-25, in Bali, Indonesia
http://www.abnnewswire.net/rss2/menafn/abn_menafn_en.asp At present, offshore oil accounts for about 33 percent of the world total output, and the number will reach 35 in ten years, in which, ...

Offshore 7.3 quake hits near Sumatra in Indonesia
SAN FRANCISCO (MarketWatch) -- A 7.3 magnitude earthquake struck off the northwest coast of the island of Sumatra in Indonesia at 10:37 a.m. Pacific time, according to the U.S. Geological Survey Tuesday. The quake caused Indonesian officials to issue a local tsunami warning, according to media reports. The quake, which struck at 12:37 a.m. Wednesday local time, was centered 262 miles southwest ...

Deepwater Oil Drilling: Australia & New Zealand
PTTEP has agreed to reduce its interest in three deepwater exploration blocks in the Makassar Strait offshore Indonesia.

EM ASIA FX-Greece hopes lift Asia FX, but intervention spotted
SINGAPORE, Feb 8 (Reuters) - Most emerging Asiancurrencies rose on Wednesday, driven by capital inflows anddemand from offshore funds on hopes that Greece was near a debtdeal, while local investors remained ...

EM ASIA FX-Greece hopes lift Asia FX, but intervention caps
* Taiwan, Malaysia and Philippine c.banks spotted -dealers * Stock inflows lift Taiwan dlr, won * Rating upgrade bets support Philippine peso (Adds details, updates prices) By Jongwoo Cheon SINGAPORE, ...

Total builds stakes in Makassar Strait permits
PTTEP has agreed to reduce its interest in three deepwater exploration blocks in the Makassar Strait offshore Indonesia. Total is the beneficiary. The farm-out involves dilution of PTTEP’s 33% share in South Mandar block, 10% in Sadang block and 10% in South Sageri block.

Indonesia's oil production falls further
Upstream oil and gas regulator BPMigas reported that Indonesiaâs oil production was only 886,508 barrels of oil per day (bpd) as of Jan. 31, leading to fears that the country will be unable to reach .....

Geology & Geophysics: Asia
Oilex continues to mature a drilling candidate for a third commitment well in the JPDA 06-103 concession offshore Timor-Leste, according to partner PanPacific Petroleum (PPP).

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