ExxonMobil Eyes Sale of Malaysian Offshore Assets
A month after it got out of Norway, Bloomberg reports that the company is working with advisers on a potential Malaysian sale, which could raise as much as $3 billion. ExxonMobil plans to divest around $15 billion in nonstrategic assets by 2021.
ABS To Classify New Monocolumn Platform Designed for Offshore Malaysia
ABS will classify a new self-elevating platform with a unique triangular monocolumn design from Calm Oceans Pte Ltd.
D&A: The Asia-Pacific Offshore Industry’s Next Big Challenge
The next big wave of decommissioning and abandonment projects is set to occur in the Asia-Pacific region, and APAC’s operators are now tasked with finding cost- and time-effective ways of unwinding their huge agglomeration of wells and facilities.
Are Deepwater Projects Due for a Revival?
The oil price downturn spawned a lull in deepwater enthusiasm, but better project execution and reduced project lead times have helped operators achieve lower costs and better returns. What does the landscape for deep water look like in the near term? Will operators get more involved?
Mubadala Progresses on Pegaga Field After Sanction
The field marks the first development in Malaysia for the Abu Dhabi-based operator, with first gas expected in 2021.
Selected Papers From OnePetro: Your Source for E&P Technical Knowledge
With these synopses of technical papers from OnePetro you can join the author for conferences in Kuala Lumpur, New Orleans, and Lagos, all while sitting in your chairs and without any travel expenses.
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23 December 2019
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