Petronas News

Qinterra, Altus combine

Sep 14, 2017

Qinterra Group’s North Sea well intervention specialist Altus Intervention and its international technology arm, Qinterra Technologies have combined. With headquarters in Stavanger, Norway, the combined group will be known as Altus Intervention…

Petronas to open Mexico City office

Aug 02, 2017

Petronas subsidiary PC Carigali Mexico Operations is opening a Mexico City office in Q3 2017 that will help support the company’s operations in the Salinas basin. In all, Petronas has 5491sq km in gross acreage in the Salina Basin. In June…

Petronas to exit offshore Vietnam blocks

Jul 27, 2017

Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…

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…

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…

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…

SapuraKencana bags US$100 million in contracts

Mar 02, 2017

SapuraKencana Petroleum Berhad’s (SKPB) has signed several awards through its wholly-owned subsidiaries with a combined value of approximately US$97.4 million (RM 433.6 million). SapuraKencana TL Offshore Sdn. Bhd. (SKTLO) has been awarded…

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 eyes GoM composite HP spool

Feb 27, 2017

Dutch technology firm Airborne Oil & Gas has been awarded a qualification program from Shell for a high-pressure, deepwater thermocomposite pipe (TCP) jumper spool. Its first application is anticipated in the Gulf of Mexico region. The TCP jumper spool will be manufactured using carbon fibre…

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