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Malaysia: PETRONAS launches Malaysia Bid Round 2021


Malaysia: PETRONAS launches Malaysia Bid Round 2021
02 Mar 2021
PETRONAS has successfully launched the
Malaysia Bid Round (MBR) 2021 themed Grow Your Energy Portfolio With Us through a virtual event held on 26 February 2021, with over 250 potential and existing investors streaming live from North America, United Kingdom and Europe as well as Asia Pacific. With
13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors to explore and monetise hydrocarbon resource potentials in Malaysia. 
Out of the 13 blocks, three are situated in the
Malay basin (
Sarawak basin (
ND3A, SK4E, SK328, SK427, SK439 and
SK440). Included in blocks PM342, SK4E, SK328 and SB409 are six discovered fields as a base for investors to explore more, and help accelerate monetisation. MBR 2021 also features the offering of four deepwater blocks (ND3A, 4E, 2W and X) off the coast of Sarawak and Sabah which saw prominent ....

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Nigeria: Shell invests to support Nigeria's domestic gas ambition for industrialization


Nigeria: Shell invests to support Nigeria’s domestic gas ambition for industrialization
02 Mar 2021
The
Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.
SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s
multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNPC) ‘Seven Critical Gas Development Projects’.
Speaking at the Nigerian Gas Association’s 12th International Conference and Awards, held virtually on February 25, 2021, under the theme, ....

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Norway: Vysus Group selected by Aibel to support upgrade and electrification of Oseberg field off Norway


Norway: Vysus Group selected by Aibel to support upgrade and electrification of Oseberg field off Norway
02 Mar 2021
Specialist consultancy
Vysus Group (formerly Lloyd s Register Energy), the global engineering and technology company, has been selected to support a lower-carbon future at
Equinor s Oseberg gas field on the Norwegian Continental Shelf.
Vysus Group s risk management consultancy team recently secured a contract with the international services company,
Aibel, which was awarded a five-year portfolio agreement with Equinor for major project activities to be performed at Oseberg Field Center.
The scope will see Vysus Group perform various safety studies, from hazard identification studies to carrying out consequence modelling and quantitative risk analysis. ....

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