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Equinor posts record Q1 profit on gas price spike

The company sells most of its gas on a spot basis, positioning it well to capitalise on the spike in European hub gas prices over the past year. ....

Hammerfest Lng , State Oil , Gas Supply , Oil Equivalent Day , Gas Sales , Gas Production , Overall Gas Production , Start Up , Low Gas Stocks , Gas Re Injection , Anders Opedal , Gas Prices , Oil Production , Hub Gas Prices ,

Jadestone snaps up Sapura's Malaysian assets


Jadestone snaps up Sapura s Malaysian assets
Apr 30, 2021 8:45:am
Summary
by: Shardul Sharma
Posted in:
Jadestone snaps up Sapura s Malaysian assets
Southeast Asia-focused Jadestone Energy signed an agreement to acquired SapuraOMV Upstream s assets in Peninsular Malaysia for $9mn in cash, it said on April 30.
The company will acquire interests in four licences, two of which will be operated by Jadestone.  These include a 70% operated interest in the PM329 production sharing contract (PSC), containing the East Piatu field, and a 60% operated interest in the PM323 PSC, which contains the East Belumut, West Belumut and Chermingat fields. Jadestone estimates accessing 12.5mn barrels oil equivalent of net working interest 2P reserves. All fields are in production. ....

Peninsular Malaysia , Malaysia General , Southeast Jadestone Energy , Asia Focused Jadestone Energy , East Piatu , East Belumut , West Belumut , Sapuraomv Upstream , 5mn Barrels Oil Equivalent , Gas Re Injection , Southeast Asia , தீபகற்பம் மலேசியா , மலேசியா ஜநரல் , தென்கிழக்கு ஆசியா ,