Construction of a wellhead platform and pipeline infrastructure for the liquids-rich BD field offshore Indonesia is around 45% complete, says operator Husky Energy. The company has commissioned a newbuild FPSO to process the field’s gas and liquids production, and has procured a drilling rig. 6 more words
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Five companies are left in the race to supply an FPU for the MDA and MBH project operated by Husky Energy and China National Offshore Oil Corporation (CNOOC) on the Madura Strait production sharing contract off Indonesia. 34 more words
CALGARY – Husky Energy (TSX:HSE) says that its Rush Lake heavy oil project in Saskatchewan has begun commercial operations eight weeks ahead of schedule.
The project is designed to produce up to 10,000 barrels per day using a steam-assisted process to extract the heavy oil, once it has ramped up to full capacity. 99 more words
Pertamina’s newly appointed president director, Dwi Soetjipto said in a Reuters interview, the Indonesian state-owned oil company is set to cut its 2015 capital expenditure to US$4.5 billion, down from US$7 billion to offset fuel subsidy burden passed on by the Indonesian government. 210 more words