Infignos Media -- buyersUSA Consulting
NOW PLAYING
15 Radio Streams
Click Here
Artificial Limb and Brace
Advertise Here

From Energy - Oil / Energy

Brought to you by LaMar's Donuts

Our donuts are the ultimate indulgence. Visit us at our 1781 Hamric Drive E. location in Oxford. Call 256-832-4353.

Erectile Dysfunction

Total Signs Two Production Sharing Contracts for Telen and Bengkulu I - Mentawai Exploration Blocks in Indonesia

Tue, 9 Oct 2012 10:00:31 EST

Paris, Total announces that it has signed two Production Sharing Contracts (PSCs) with the Government of Indonesia represented by BPMIGAS, for the Telen and the Bengkulu I - Mentawai exploration blocks. The Group will hold a 100% participating interest in each PSC.

The Bengkulu I - Mentawai exploration block is located in the offshore Bengkulu Basin of the province of Bengkulu, in the South West of Sumatra, covering an area of 8,034 square kilometers with a water depth ranging from 400 to 1,000 meters.

The Telen exploration block is located in the offshore Kutei Basin of the province of East Kalimantan, covering an area of 2,369 square kilometers with water depths in the range of 300 1,000 meters and adjacent to the country's most prolific gas producing offshore Mahakam block operated by Total.

The exploration program envisages, for the first three years, a 3D-seismic study to be carried out on the Bengkulu I - Mentawai block and an exploration well to be drilled on the Telen block.

Jean-Marie Guillermou, Senior Vice President Asia-Pacific, Total Exploration & Production, said on the occasion: 'Acquiring these offshore exploration blocks is part of our revitalized exploration strategy in Indonesia and we are very pleased to increase our activity in the country'.

Total Exploration & Production in Indonesia

Total Total has been present in the country since 1968, with operations primarily concentrated in the offshore Mahakam block (50%, operator) in East Kalimantan, covering the Peciko and Tunu gas fields. Total is also operating the Sisi-Nubi gas field with a 47.9% interest. The Group is the largest gas producing operator in Indonesia and currently contributes to around 80% of the Bontang LNG Plant supply. Total's equity production in Indonesia was at 158,000 barrels of oil equivalent per day in 2011.

As part of its Corporate Social Responsibility in Indonesia, Total is intensely involved in community empowerment and capacity building actions in the areas of education and research, health and nutrition, local economic empowerment, environment and alternative energies. These endeavors are consistent with Total's commitment to answer the challenges of sustainable development.

Total's commitment in the country is further exemplified through its manpower program, with an extensive program to develop national manpower and high level national managers through training and international assignments, as well as career developments for new recruits. Total also continues to enlarge partnerships with national businesses and significantly enhance employment, which is currently estimated at 22,000 full time jobs on its industrial sites.


Source: WebWire



From Our Blogs

Don’t Be Shy with your Doctor about Embarrassing GI Symptoms

The most uncomfortable afflictions are often the most embarrassing.

Space? Ocean Depths? Experts Predict the Future of Travel

Technology is changing everything about the way we live.

Tricks and Treats to Stay on Budget this Halloween

You don’t have to spend a pirate’s booty if you plan carefully.

How You and Your Family Can Protect Your Local Environment

Getting involved with protecting your state’s woods is easy.


Sign up for our weekly newsletter.

Our Website Sponsors

The Party Center

Everything you need for your next party! Specializing in items for your birthdays, weddings, anniversaries, and all holidays and special occasions. Located at 1716 Hamric Drive East in Oxford. Call 256-831-4449.

Transformation Technologies

Improve your golf scores. View our free 16 minute golf course at golf.transformationsolutions.com

Oxford Lumber

Neighborhood service and warehouse prices since 1958. We're also proud to own and operate Roanoke Ace Home Center, Talladega Ace Home Center and Jacksonville Home Center. Oxford Lumber is located at 1400 Barry Street. Call 256-831-0540

Frontera Bar & Grill

Mexican quisine at it's finest. For lunch, dinner or take out, visit Frontera Bar & Grill 1750 Hamric Dr E Oxford, AL 36203? (256) 835-9905

Signature In Home Care

Our mission is to help seniors remain independent in their homes as long as possible by offering quality, affordable care. We can also provide a helping hand with activities of daily living. Call 1-877-777-1822 or 256-831-3250