Malaysia's state energy firm Petroliam Nasional Berhad, or Petronas, on Wednesday posted a near doubling of its third quarter profit and warned of continuing volatility in oil and gas prices. The company reported a profit of 30.8 billion ringgit in the July-September period…
The Brazilian oil company Petrobras has launched a tender for the supply of two FPSOs for the shared reservoirs of Atapu and Sépia, with bids expected to be received in July 2023 and production to start in 2028. The offshore production units…
Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…
Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…
Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…
The Norwegian offshore seismic survey company PGS has secured pre-funding to expand MultiClient 3D coverage offshore Malaysia's Sabah.The company's 102.2-meter-long, 40-meter-wide Ramform Sovereign vessel will start the 3,500-square-kilometer survey in January 2023 and finish it in March…
Malaysia's Petronas has signed a Production Sharing Contract (PSC) with TotalEnergies, Petronas Carigali, and Shell for Block 2K, an ultra-deepwater block off the coast of Sabah, Malaysia.According to Petronas, Block SB 2K, with a depth of up to 3…
Aberdeen-basead ADC Energy has, through its local partner in Malaysia, Onyx, secured a three-year contract to deliver its rig integrity and inspection services to Petronas Carigali, a subsidiary of Petronas.The scope of work ADC Energy will…
Brazilian oil giant Petrobras has found oil at the Pedunculo well, located in the northwest of the Sépia offshore oil field, around 250 kilometers off the coast of Rio de Janeiro, Brazil.The well was drilled at a water depth of approximately 2…
Japan will decide what to do about the Sakhalin-1 oil and gas project in Russia's Far East in consultation with its partners as it reviews details of a decree by Moscow, Japanese industry minister Yasutoshi Nishimura said on Tuesday.Russia last…
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from Shell in Malaysia for the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project. The project is located off the coast of Sarawak…
Singaporean shipbuilder Strategic Marine on Tuesday announced it secured a four-vessel crew boat order from Malaysian operator Surya Nautika.Slated for delivery to the licensed Petronas contractor progressively from the first quarter of 2023…
Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…
Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…
Malaysian energy industry solutions provider T7 Global said recently that its subsidiary Tanjung Offshore Services had received a two-year contract from Petronas Carigali for subsea inspection services.The contract, effective until August 2024…
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