Killajoules

Repsol To Kick Off Seismic Survey On Cendrawasih Bay II Block
Repsol Exploracion, the operator of the Cendrawasih Bay II Block, is slated to start its 2,700 km-2D-seismic survey in mid-march 2012.

Pertamina EP Proves Gas Reserves In Donggi Well-6
Pertamina EP has successfully proved gas reserves in the Donggi Structure, Central Sulawesi, with the production test on the Donggi-6 well confirming a gas output of 17 million metric standard cubic feet per day (MMFSCD).

Indonesia Has High Oil Depletion Rate
Indonesia apparently has high depletion rate of its oil reserves — eight times higher than the world’s main oil-producing countries like Saudia Arabia and Libya.
Indonesia’s Upstream Oil and Gas Executive Agency (BPMIGAS) revealed the fact on Saturday (3/3) during an event held by the Indonesian Association of Geology Students (Perhimagi) at the Diponegoro University in Semarang.

Honeywell’s UOP Selected to Provide Technology for Petrochemical and Fuels Production in South Korea
UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by Samsung Total Petrochemicals Co., Ltd. to provide technologies for the production of key petrochemicals and high-quality diesel and jet fuel at its complex in Daesan, South Korea.

Pacific LNG And ENN Sign Heads of Agreement on LNG Sale
Pacific LNG Operations Ltd. (“Pacific LNG”) and InterOil Corporation (NYSE:IOC) (“InterOil”) announced the signing of a Heads of Agreement (HOA) with ENN Energy Trading Company Ltd. (“ENN”), for the supply of one to one and one half, million tonnes per annum (mtpa) of liquefied natural gas (LNG) from the Gulf LNG Project in Papua New Guinea.

Punj Lloyd bags Offshore pipeline project worth Rs.469 crores (USD 97.3 million) from ONGC
Punj Lloyd Group, a leading engineering, procurement and construction (EPC) conglomerate, today announced receiving an offshore project in Bombay High, Mumbai from ONGC. The project, worth Rs. 469 crores (USD 97.3 million), is scheduled for commissioning in May, 2013.

Eni awarded two new Exploration Contracts in Indonesia
Eni, through its subsidiary Eni Indonesia, has been awarded today two new Production Sharing Contracts (PSCs) in Indonesia.

Restructuring for “Idemitsu Tokuyama
Idemitsu Kosan Co.,Ltd. (Head Office: Chiyoda-ku, Tokyo, President: Kazuhisa Nakano) has decided to stop crude oil processing function of Tokuyama Refinery in and after March 2014 in order to restructure its supply system. This is in conformity with “the Law Concerning Sophisticated Methods of Energy Supply Structures”.

Chevron Announces First Gas from Platong II Project in Gulf of Thailand
Chevron Corporation (NYSE: CVX) announced today that its Thailand subsidiary has commenced natural gas production from the Platong II project in the Gulf of Thailand.

First oil from Chim Sao in Vietnam
Santos today announced that oil production has commenced from the Chim Sáo project in Vietnam.