Malaysian oil and gas company Hibiscus Petroleum has completed the acquisition of Repsol’s interests in oil and gas assets in Malaysia and Vietnam.The proposed agreement was first announced in June 2021, when the parties said that the purchase price would be $212…
Petronas announced a new gas discovery off the coast of Malaysia.The Malaysian company said Friday that its Petronas Carigali Sdn Bhd (PCSB) subsidiary found gas at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow…
Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…
Malaysian oil firm Petronas said Friday it had with its consortium partners won the rights to the Sépia field, located in the Santos Basin, during Brazil’s Second Transfer of Rights Surplus Volume Bidding Round held in Rio de Janeiro.Sépia is a pre-salt oil field in the Santos Basin…
Malaysian oil and gas giant Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to Saipem as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah…
Russian oil firm Lukoil will acquire a 9.99% percent in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas and not 15.5% as agreed originally in October, as other partners in the field, BP and Socar…
Malaysia-based energy industry services firm T7 Global has secured three letters of appointment and award worth a combined value of approximately RM300 million (~$70,9 million) under its energy division for operations and maintenance (“O&M”) segment and specialist products segment…
Malaysian offshore services provider Tanjung Offshore, a subsidiary of T7 Group, has secured two contracts worth a combined value of about RM150 million (around $35,9 million), with oil firms Petronas and PTTEP.For Malaysia's Petronas Carigali…
Thai oil company PTTEP said Tuesday it had made a gas discovery at Nangka-1, its second exploration well in Block SK417, offshore Malaysia. The block is located in the shallow waters of Baram Province, around 180 kilometers off the coast of Sarawak…
FAR, an Australian oil and gas company that began drilling at the Bambo-1 exploratory well in Block A2 off the coast of The Gambia last month, said Monday the well had encountered oil traces but would have to be plugged and side-tracked after…
Well construction firm DeltaTek said Tuesday that Petronas had recently used its cementing technology offshore Mexico for the first time.This project, at a deepwater exploration well (BC-1) off the coast of Tampico in over 5000ft of water, marked…
Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…
South Korea's Posco and Malaysia's Petronas Carigali have been awarded a Production Sharing Contract (PSC) for Block PM524, offshore Malaysia.Posco is the operator with an 80 percent stake and Petronas Carigali, a subsidiary of Petronas holds the remaining 20 percent…
Australian oil and gas firm FAR has started drilling at the Bambo-1 exploration well in Block A2, offshore The Gambia.'The Stena IceMax drillship arrived on site on 12 November Gambian time and after completing preparations, has successfully spudded the well…
Malaysian oil and gas firm Petronas said Tuesday its floating LNG Unit Satu had delivered its 50th LNG cargo.'The milestone cargo was successfully loaded on September 25, 2021, onto the Seri Cemara LNG carrier operated by MISC Berhad for shipment to Taiwan…
Subscribe
