Malaysian offshore drilling firm Velesto said Wednesday it had completed 'the offline capabilities upgrading works' for NAGA 5 and NAGA 6, making the two rigs - the first Malaysian jack-up drilling rigs to be equipped with offline capabilities…
Offshore operations and well services provider Odfjell Technology has won a three-year contract with Petronas in Malaysia. The company will provide all required tools, chemicals, and services for the Petronas' wellbore cleanup operations in East Malaysia…
Malaysia's state energy firm Petronas on Tuesday posted higher profit of 23.4 billion ringgit ($5.35 billion) for its first quarter, in tandem with greater revenue following an upward trend in prices.Revenue rose almost 50% to 78.8 billion ringgit in the January-March quarter…
Malaysian state energy firm Petronas is seeing growing demand for gas as the world lifts COVID-19 restrictions and prioritizes energy security due to Russia's invasion of Ukraine, its chief of upstream operations told Reuters on Wednesday.Petronas…
Thermoplastic composite pipe manufacturer Strohm said Tuesday it had supplied Shell with a static Thermoplastic Composite (TCP) Riser to support operations at one of its Southern North Sea assets.'The availability of TCP through Strohm’s “TCP…
ADS Maritime Holding has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of four modern shuttle tankers operating in the North Sea, mainly on long term charters to Equinor. The vessels are Eagle Blane…
Malaysian oil and gas company Petronas has withdrawn from Blocks M12, M13, and M14 located in the Yetagun field, offshore Myanmar.'The decision was made following a thorough techno-commercial review in alignment with Petronas' asset rationalization…
Malaysian oil and gas company Petronas has, via its PC Mauritania 1 subsidiary, hired the Norwegian offshore services company Havfram for offshore decommissioning work in Mauritania.Havfram will provide engineering, procurement, retrieval, and…
APA Corporation, the operator of Block 53 offshore Suriname, said Monday it had recently completed drilling operations at the Rasper well, hitting water bearing reservoirs.'APA has completed operations on the Rasper well in the northwestern area of the block…
Malaysia's Petronas on Friday signed a Production Sharing Contract (PSC) with SK earthon and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast of Sarawak. SK earthon, a subsidiary of South Korea’s SK Innovation…
Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…
Malaysia's Petronas has signed Production Sharing Contracts (PSCs) for five offshore exploration blocks, namely SB412, 2W, and X located off the coast of Sabah, and SK439/SK440 situated off the coast of Sarawak. Block SB412 in Sabah was signed between Petronas…
Brazilian oil and gas company Petrobras has signed production sharing contracts with its partners for the Atapu and Sépia oil fields, offshore Brazil.For Atapu, the PSCs were signed with Shell (25%) and Total Energies (22,5%). For Sépia, PSCs were signed with TotalEnergies (28%)…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…
Image for illustration only ©GoodVibes - Photo/AdobeStockMalaysian oil and gas company Petronas has achieved its first hydrocarbon from the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia. The BTJTB-T2 well was spudded on September 30…
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