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East Natuna Gas Field
The East Natuna gas field (former name: Natuna D-Alpha block) is a large natural gas field located in the South China Sea off northern Natuna Island, Indonesia. It is within the disagreed area claimed by China. History The field was discovered in 1973 by Agip. In 1980, the Indonesian state-owned oil company Pertamina and Exxon formed a joint venture to develop Natuna D-Alpha. However, due to the high content the partnership was not able to start production. In 1995, the Indonesian government signed a contract with Exxon but in 2007, the contract was terminated. In 2008, the block was awarded to Pertamina. The new agreement was signed between Pertamina and ExxonMobil in 2010. Correspondingly, the field was renamed East Natuna to be geographically more precise. In 2011, the principal of agreement was signed between Pertamina, ExxonMobil, Total S.A. and Petronas. In 2012, Petronas was replaced by PTT Exploration and Production. As of 2016, negotiations about the new ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea, Indonesia is the world's largest archipelagic state and the List of countries and dependencies by area, 14th-largest country by area, at . With over 280 million people, Indonesia is the world's List of countries and dependencies by population, fourth-most-populous country and the most populous Islam by country, Muslim-majority country. Java, the world's List of islands by population, most populous island, is home to more than half of the country's population. Indonesia operates as a Presidential system, presidential republic with an elected People's Consultative Assembly, legislature and consists of Provinces of Indonesia, 38 provinces, nine of which have Autonomous administrative divisi ...
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Exxon
Exxon Mobil Corporation ( ) is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger of Exxon and Mobil. It is vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the seventh-largest company by revenue in the U.S. and 13th-largest in the world. It is the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%). The company has been widely criticized and sued, mostly for environmental incidents and its history of climate cha ...
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Natural Gas Fields In Indonesia
Nature is an inherent character or constitution, particularly of the ecosphere or the universe as a whole. In this general sense nature refers to the laws, elements and phenomena of the physical world, including life. Although humans are part of nature, human activity or humans as a whole are often described as at times at odds, or outright separate and even superior to nature. During the advent of modern scientific method in the last several centuries, nature became the passive reality, organized and moved by divine laws. With the Industrial Revolution, nature increasingly became seen as the part of reality deprived from intentional intervention: it was hence considered as sacred by some traditions (Rousseau, American transcendentalism) or a mere decorum for divine providence or human history (Hegel, Marx). However, a vitalist vision of nature, closer to the pre-Socratic one, got reborn at the same time, especially after Charles Darwin. Within the various uses of the word t ...
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ConocoPhillips
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas. The company has operations in 15 countries and has production in the United States (49% of 2019 production), Norway (10% of 2019 production), Canada (5% of 2019 production), Australia (12% of 2019 production), Indonesia (4% of 2019 production), Malaysia (4% of 2019 production), Libya (3% of 2019 production), China (3% of 2019 production), and Qatar (6% of 2019 production). The company's production in the United States included production in Alaska, the Eagle Ford Group, the Permian Basin, the Bakken Formation, the Gulf of Mexico and the Anadarko Basin. Approximately one-third of the company's U.S. production is in Alaska, where it has operations in the Cook Inlet Area, the Alpine oil field off the Colville River, and the Kuparuk oil field and Prudhoe Bay Oil Field on the Alaska North Slope. the c ...
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Mitsui Oil Exploration
(MOECO) is an oil exploration subsidiary of Mitsui & Co. that specializes in natural gas. It has its headquarters in the Hibiya Central Building in Nishi-Shinbashi, Minato, Tokyo. It was one of 17 Mitsui companies that were spun off on July 19, 1969. Its core areas are Thailand, where it drills principally in the Gulf of Thailand in conjunction with Chevron, and Vietnam and Cambodia. As of March 31, 2010 Mitsui & Co. owns 73.35% of the company. The Ministry of Economy, Trade and Industry owns 20.03%. Mitsuo Hidaka is the President & Chief Executive Officer. United States operations In the United States Mitsui's subsidiary is MOEX USA Corp and is headquartered in 9 Greenway Plaza in Houston. In September 2007 it established subsidiary MOEX Offshore 2007 LLC which entered into a partnership with BP for drilling in the Gulf of Mexico. On April 20, 2010, its rig the ''Deepwater Horizon'' exploded and sank, causing a massive oil spill. In May, 2011, MOEX Offshore, having had ...
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Premier Oil
Premier Oil plc was an independent UK oil company with gas and oil interests in the United Kingdom, Asia, Africa and Mexico. It was devoted entirely to the 'upstream' sector of the industry — the exploitation of oil and gas — as opposed to the 'downstream' refining and retail sector. It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021. History The Company started trading in 1934 as the ''Caribbean Oil Company'' with the intention of pursuing oil and gas exploration and production activities in Trinidad. It was first listed on the London Stock Exchange in 1936 as ''Premier (Trinidad) Oilfields'' For the next two decades, the Company concentrated its attention on oil production in Trinidad. The Company acquired its first interest in the North Sea in 1971; it expanded its operations in the UK Continental Shelf throughout the 1970s, merging with the Ball and Collins North Sea Consortium in 1977 ...
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the amount of prov ...
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Water Column
The (oceanic) water column is a concept used in oceanography to describe the physical (temperature, salinity, light penetration) and chemical ( pH, dissolved oxygen, nutrient salts) characteristics of seawater at different depths for a defined geographical point. Generally, vertical profiles are made of temperature, salinity, chemical parameters at a defined point along the water column. The water column is the largest, yet one of the most under-explored, habitats on the planet; it is explored to better understand the ocean as a whole, including the huge biomass that lives there and its importance to the global carbon and other biogeochemical cycles. Studying the water column also provides understanding on the links between living organisms and environmental parameters, large-scale water circulation and the transfer of matter between water masses. Water columns are used chiefly for environmental studies evaluating the stratification or mixing of thermal or chemically stratif ...
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Jakarta
Jakarta (; , Betawi language, Betawi: ''Jakartè''), officially the Special Capital Region of Jakarta (; ''DKI Jakarta'') and formerly known as Batavia, Dutch East Indies, Batavia until 1949, is the capital and largest city of Indonesia and an autonomous region at the provincial level. Lying on the northwest coast of Java, the world's List of islands by population, most populous island, Jakarta is the List of cities in ASEAN by population, largest metropole in Southeast Asia and serves as the diplomatic capital of ASEAN. The Special Region has a status equivalent to that of a Provinces of Indonesia, province and is bordered by two other provinces: West Java to the south and east; and Banten to the west. Its coastline faces the Java Sea to the north, and it shares a maritime border with Lampung to the west. Jakarta metropolitan area, Jakarta's metropolitan area is List of ASEAN country subdivisions by GDP, ASEAN's second largest economy after Singapore. In 2023, the city's Gros ...
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The Jakarta Post
''The Jakarta Post'' is a daily English-language newspaper in Indonesia. The paper is owned by PT Bina Media Tenggara and based in the nation's capital, Jakarta. ''The Jakarta Post'' started as a collaboration between four Indonesian media groups at the urging of Information Minister Ali Murtopo and politician Jusuf Wanandi. After the first issue was printed on 25 April 1983, it spent several years with minimal advertisements and increasing circulation. After a change in chief editors in 1991, it began to take a more vocal pro-democracy point of view. The paper was one of the few Indonesian English-language dailies to survive the 1997 Asian financial crisis and currently has a circulation of about 40,000. ''The Jakarta Post'' also features an online edition and a weekend magazine supplement called J+. The newspaper is targeted at foreigners and educated Indonesians, although the middle-class Indonesian readership has increased. Noted for being a training ground for local ...
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Petronas
Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian Multinational corporation, multinational petroleum, oil and natural gas, gas company headquartered in Kuala Lumpur. Established in 1974, it is a legal entity incorporated under the Companies Act 1965, Malaysian Companies Act 1965 and reports to the company's Board of Directors. Petronas is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is a Vertical integration, vertically integrated company and actively in all areas of the oil and gas industry, including Hydrocarbon exploration, exploration and Extraction of petroleum, extraction, refining, Midstream, distribution and marketing, power generation, and Trade, trading. Petronas has operations in over 100 countries and has sales office in 22 countries, produced around 9 billion Barrel of oil equivalent, barrels of oil equivalent and 50 ...
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Antara (news Agency)
Antara is an Indonesian news agency organized as a statutory corporation. It is the country's national news agency, supplying news reports to many domestic media organizations. It is the only organization authorized to distribute news materials created by foreign news agencies. The news agency was founded in 1937, when the country was still Dutch East Indies, a colony in the Dutch Empire, by independence activists dissatisfied with the lack of local coverage by the Dutch-owned Aneta (news agency), Aneta news agency. Antara's operation was absorbed into the Dōmei Tsushin news network following Dutch East Indies campaign, invasion by the Japanese in 1942. Its staff played a key role in the broadcast of Indonesia's Proclamation of Indonesian Independence, proclamation of independence and assumed control of the Dōmei facilities in the region at the end of the war. The agency remained under private management until it was placed under the control of the presidency in the 1960s when ...
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