Petronas News

Seadrill Partners Bags Four-Well Drilling Deal for Rig in Malaysia

May 11, 2021

Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…

Malaysia, Brunei Formalize Unitization Deal for Two Offshore Fields

Apr 05, 2021

Malaysia, through its national oil company Petronas, on Monday today formalized a Unitisation Agreement (UA) with the Government of  Brunei Darussalam for the Gumusut-Kakap and Geronggong-Jagus East fields which straddle along the Malaysian-Brunei maritime boundary…

Petronas Awards 3-Year Well Intervention Deal to Welltec

Apr 15, 2021

Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…

UTM Offshore Taps KBR for Support at Nigeria's First FLNG Project

May 20, 2021

Engineering and construction services giant  KBR has won a contract with Nigeria's UTM Offshore to support the development of Nigeria's first Floating Liquefied Natural Gas (FLNG) facility.Acting as Owner's Engineers, KBR will be responsible…

Vestigo Petroleum Wins Rights to Develop Two Small Oil Fields Off Malaysia

Apr 21, 2021

Malaysia's Petronas has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.The South East Collins Cluster, located in water depths of 42 to 45 meters 70km northeast of Labuan Island…

New Contracts Drive Maersk Drilling to Upgrade Financial Guidance for 2021

May 19, 2021

Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance.'Maersk Drilling continues to demonstrate strong commercial and operational performance…

JGC Lands Pre-FEED Deal for Nigeria's First FLNG Project

May 13, 2021

Japan's JGC has been awarded the Pre-Front End Engineering and Design (Pre-FEED) contract for an FLNG facility project in Nigeria.The project is being run by UTM Offshore Limited, a Nigerian private company engaged primarily in crude oil sales and construction equipment leasing…

Dayang to Maintain Topsides of Shell's Platforms in Malaysia

May 11, 2021

Malaysia's Dayang Enterprise has won a contract with Shell's Malaysian subsidiaries for the provision of topside maintenance services offshore Malaysia.Dayang said Monday that the contract value would depend on orders issued by Shell throughout the contract duration…

Petronas Declares Force Majeure on Offshore Field in Myanmar

Apr 05, 2021

Malaysia's state energy firm Petronas said on Friday that its Myanmar unit had declared force majeure on its Yetagun field on Thursday due to depletion of gas production.The decision came after challenges that resulted in the production rate…

Malaysia Offshore Rig Sinking: All 101 Crewmembers Brought to Shore Safely

May 06, 2021

All workers from the Naga 7 jack-up drilling rig that sunk off Sarawak earlier this week, have been safely brought to shore, Velesto, the owner of the ill-fated jack-up, said Thursday.The rig had been preparing to start a drilling operation of a subsidiary of the U…

Baker Hughes, C3 AI to Provide Petronas with AI Solutions

Feb 19, 2021

Baker Hughes and C3 AI on Friday announced an artificial intelligence (AI) collaboration with the Malaysian oil and gas firm Petronas.Under the agreement, the two companies will deploy their joint BakerHughesC3.ai (BHC3) technology across Petronas' strategic digital transformation programs…

Petronas Becomes First Company to Produce LNG from Two FLNG Units

Mar 25, 2021

Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded…

Malaysia Petronas Launches Offshore Bid Round

Mar 02, 2021

Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…

Petronas Hires Velesto Jack-Up Rig Duo

Mar 24, 2021

Malaysian drilling contactor Velesto Drilling has won two offshore drilling rig contracts with Petronas Carigali.Under the contracts valued at $20.76 million in total, Petronas Carigali will hire Velesto's jack-up rigs Naga 2 and Naga 5.The Naga 2 jack-up…

Petronas Carigali Hires Uzma for Wireline Logging Services Off Malaysia

Mar 23, 2021

Malaysian oilfield services company Uzma has won a contract with Petronas Carigali for electric wireline logging services.Uzma said it would provide non-rig assisted electric wireline logging services for Petronas Carigali for a period of three…

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