Petronas News

Hess to start up North Malay in Q3

Jul 31, 2017

Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project offshore Malaysia in Q3 2017. The North Malay Basin Block PM302 is…

Enra inks Petronas Yetagun deal off Myanmar

Jul 10, 2017

Petronas has given Enra a letter of award to provide condensate storing and offloading services for the Yetagun gas field, off Myanmar. The deal is between Petronas subsidiary PC Myanmar (Hong Kong) Ltd. (PCML), and Enra’s 60%-owned subsidiary…

Sapura's B15 production start remains on target

Jun 19, 2017

Sapura Energy’s SK310 B15 gas field development project offshore Malaysia remains on track for first production in Q4 2017, the company announced in its 19 June earnings update. Despite a challenging market due to oil price uncertainty…

Mexico's Round 2.1 awards 10 blocks

Jun 19, 2017

Mexico is celebrating its successful shallow water round, Round 2.1, which has awarded 10 of 15 blocks in the Gulf of Mexico today (19 June). Image of Juan Carlos Zepeda, kicking off Round 2.1…

JX Nippon online at Layang

Jun 15, 2017

JX Nippon Oil & Gas Exploration (Malaysia) started gas production from the Layang Field, offshore Malaysia, with an estimated 12,000 boe/d. Map from JX Nippon. Layang is about 7km east of the producing Helang Gas Field in Block SK10…

PFLNG Satu loads first cargo

Apr 03, 2017

Petronas’ first floating liquefied natural gas (LNG) facility, PFLNG Satu, has successfully loaded its first cargo at the Kanowit gas field, offshore Sarawak. The first cargo was fully loaded onto the LNG carrier Seri Camellia which is expected to set sail for a South Asian market…

MMHE wins Bokor Phase 3 platform contract

Apr 18, 2017

Malaysia Marine and Heavy Engineering has been awarded an engineering, procurement, construction, installation and commissioning of central processing platform (CPP) for Petronas' Bokor Phase 3 re-development, offshore Malaysia. The first…

Adding up SE Asia activity

Apr 01, 2017

Southeast Asia is expected to receive record levels of offshore investment, fueling the expansion of the region’s upstream industry. EIC’s Angeline Elias outlines the hotspots. The top five countries in 2017 leading offshore project activity in the region will be Indonesia…

Mexico finalizes 7 deepwater pacts

Mar 13, 2017

Mexico’s National Hydrocarbons Commission (CNH) finalized seven deepwater Gulf of Mexico contracts, as part of the country’s Round 1.4 held last year. Image of Mexico’s Energy Secretary Pedro Joaquín Coldwell…

Irish license dropped after disappointing results

Feb 15, 2017

Offshore Ireland focused Lansdowne Oil & Gas has relinquished license SEL 4/07 following disappointing results from the Midleton prospect well. Lansdowne had 20% interest in the license, alongside Petronas subsidiary PSE Seven Heads, with 80%…

Shell loses MISC Gumusut-Kakap arbitration

Feb 16, 2017

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…

Slow ahead

Feb 01, 2017

The floating production systems market remains challenging. Will cost-cutting measures made over the past two years help projects reach final investment decision in 2017? Infield’s Catarina Podevyn assesses the market. Johan Castberg…

SapuraKencana wins US$300 million in contracts

Jan 09, 2017

SapuraKencana Petroleum has been awarded several contracts via its subsidiaries worth a total of about US$300 million.  SapuraKencana Subsea Services inked a two-year contract to provide underwater services for Petronas Carigali. The…

Petronas to cut 2017 production

Dec 21, 2016

Malaysia's Petronas will voluntarily make some adjustments to its crude oil production beginning in January 2017, a decision that stems from the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers made earlier this month…

Shell's Malikai TLP comes online

Dec 14, 2016

First oil has been achieved from Shell's deepwater Malikai field, offshore Sabah, Malaysia. The project is Shell's second deepwater project offshore Malaysia, and its first tension leg platform (TLP) in the country, following Gumusut-Kakap…

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