Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Marine Masters completes South Angsi Alpha decommissioning

Fossil Energy – Decommissioning

Marine Masters has completed its offshore scope for the decommissioning of the South Angsi Alpha (SAA) platform, operated by Hibiscus Oil & Gas Malaysia.

[Read more…] about Marine Masters completes South Angsi Alpha decommissioning

Hibiscus signs deal with Petronas for production interest

Fossil Energy – Acquisition

Hibiscus Petroleum Berhad announced that its indirect wholly-owned subsidiary, Straits Hibiscus has signed an agreement to acquire a 30% Participating Interest in the Block PM327 Production Sharing Contract through a farm-in arrangement with PETRONAS Carigali.

[Read more…] about Hibiscus signs deal with Petronas for production interest

Hibiscus agrees to terms for controlling interest in MLJ Field offshore Brunei

Fossil Energy – Brunei

TotalEnergies has agreed to sell TotalEnergies EP (Brunei) to Hibiscus Petroleum for $259 million, with the transaction set to close during the fall.

[Read more…] about Hibiscus agrees to terms for controlling interest in MLJ Field offshore Brunei

Production from Hibiscus South field onstream

Fossil Energy – Production Hibiscus

BW Energy announced that production has safely started from the DHBSM-1H well in the Hibiscus South field on the Dussafu Licence offshore Gabon five months after the initial discovery was made in November 2023.

[Read more…] about Production from Hibiscus South field onstream