|Categories:||Offshore Field Development (Drilling-Subsea)|
|Updated:||02 Mar 2011|
Gendalo-Gehem Project News
Chevron Corp. said Wednesday that it hopes to advance the startup of a $3.1 billion natural-gas project in the Gulf of Thailand to this year, in the latest step by the U.S. major to cash in on booming Asian demand for cleaner-burning fuels.
JAKARTA -(Dow Jones)- PT Pertamina and Exxon Mobil Corp. Friday signed a preliminary agreement to co-develop the offshore East Natuna Block, paving the way to extract natural gas from the massive block located in the South China Sea.