Clik here to view.
Proven reserves
Definition Proven reserves is an industry term that means oil or gas that has been discovered and could be produced with today’s technology. Comments The world consumes about 89 million barrels of oil...
View ArticleClik here to view.
GDF Suez awards $2.2 billion Cygnus detailed design to AMEC
GDF Suez, Centrica and Bayerngas sanction Cygnus development GDF Suez and its partners Centrica and Bayerngas awarded the detailed design contract to AMEC for the development of the Cygnus natural...
View ArticleClik here to view.
Recoverable Reserves
Definition Recoverable reserves are defined as the proportion of resources, here oil and gas, that can be technically, economically and legally possible to extract. The recoverable reserves may also...
View ArticleClik here to view.
Petronas short lists bidders on Sarawak Kasawari Expansion project
Petronas plans Malaysia Block SK 316 second platform The Malaysia national oil company (NOC) Petronas is qualifying the engineering companies and contractors to be invited to bid (ITB) for a second...
View Article
