Indonesian state-owned energy company PT Pertamina and Petroliam Nasional Berhad (Petronas) of Malaysia have signed a Memorandum of Understanding (MoU) to develop oil and gas business – upstream and downstream, not only in Indonesia or Malaysia but also in other countries…
American multinational McDermott International has announced Malaysian offshore projects contracts for developing pan Malaysia oil fields.One contracts was from Sarawak Shell Berhad and the other from Sapura Exploration and production, a press…
Malaysia’s largest oil and gas services company Sapura Energy Berhad and Austria’s OMV Aktiengesellschaft have agreed to form a new strategic partnership that will see the creation of a new joint venture independent oil and gas company.OMV Exploration & Production GmbH…
Malaysian services company Sapura Energy Berhad announced Monday it has secured RM760 million ($184.6 million) in contract wins for its drilling and engineering & construction businesses. The latest achievements have lifted the value of contract wins to RM9…
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced that its wholly owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), in consortium with TechnipFMC, has signed a long‐term agreement with Saudi Aramco.This…
The global enterprise applications company IFS announced that international offshore drilling contractor Borr Drilling has deployed IFS Applications to improve operations and optimize its IT landscape.The enterprise software company said in…
Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers to reduce global supply ends this year.OPEC and non-OPEC producers agreed at a meeting in Vienna on Friday to a new level of production cuts from January to June 2019…
Malaysia Vietnam Offshore Terminal (MVOT) confirmed that it has been awarded a $176 million contract to provide equipment for Japanese petroleum company Idemitsu Kosan to develop a gas block off southern Vietnam.The Malaysian terminal operator…
Malaysian shipping group MISC Berhad (MISC) has received a time charter contract from Idemitsu Kosan (IKC) for the provision of a floating, storage and offloading (FSO) vessel in Vietnam.The energy-related maritime solutions and services provider…
Malaysian state-owned oilcompany Petroliam Nasional Bhd (Petronas) through its subsidiary, Malaysia LNG (MLNG) delivered its first liquefied natural gas (LNG) cargo to Japan's Hokkaido Electric Power on August 1st, 2018.This delivery marks the…
Barakah Offshore Petroleum Berhad’s wholly-owned subsidiary PBJV Group won a US$14.28 million contract from Samling Resources for the provision of well intervention vessel, support vessel and services for abandonment and decommissioning of Chinguetti and Banda field…
Ophir Production has contracted a vessel for its Ophir floating production field development offshore Malaysia. The tanker Puteri Bangsa will be converted into the MTC Ledang floating production, storage and offloading (FPSO) unit by Malaysian firm MTC Engineering for use on the Ophir field…
Malaysia's MISC Berhad has won its battle in court against supermajor Shell over contractual disputes concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS), offshore Malaysia that was filed last year…
MISC Berhad has started the conversion of floating storage, and offloading unit (FSO) Benchamas 2 in a ceremony at the MMHE West Yard, Pasir Gudang, Malaysia. FSO Benchamas 2 will be a conversion of the Bunga Kelana 5, previously operated by AET…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…
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