Petronas News

Schlumberger, Petronas team up for Campeche survey

Sep 22, 2016

Petronas entered into a deal to license a part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The deal was reached through Schlumberger and Petronas subsidiary, Petronas (E&P) Overseas Ventures…

Chinguetti to cease 2017

Nov 14, 2016

Partners on the Chinguetti oil field offshore Mauritania are considering options for its decommissioning. Production on the field, which is produced via the Berge Helene floating, production storage and offloading vessel (FPSO), is expected to end next year…

Hibiscus to acquire 4 Shell Malaysia fields, operatorship

Oct 13, 2016

SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…

FMC installs annulus monitoring system in Petronas well

Sep 20, 2016

FMC Technologies has installed and tested its annulus monitoring system (AMS) in an offshore well in Malaysia owned by Petronas. A winner of the 2015 Offshore Technology Conference Spotlight on New Technology award, FMC Technologies’…

Trelleborg delivers NC3 floatover equipment to PAPE

Oct 17, 2016

Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for the Petronas NC3 gas field, located in Block SK316, 200km north of Bintulu, Sarawak in Malaysia.   Trelleborg provided PAPE Engineering…

Airborne raises US$26 million in investments

Oct 10, 2016

Airborne Oil & Gas (AOG) raised US$26 million (€23 million) in a series C investment round from both new and existing shareholders.  (SAEV) joins the shareholder base with an investment of $11 million (€10 million). SAEV is the corporate venturing arm of Saudi Arabian Oil Co…

Petronas inks Asian airborne FTG data acquisition

Aug 30, 2016

Petronas has awarded Bell Geospace and Onyx Engineering a contract for 3D multi-client full tensor gradiometry (FTG) data acquisition, processing and interpretative services that will cover approximately 198,900sq km offshore Peninsular Malaysia…

MISC starts Shell Gumusut-Kakap arbitration

Oct 03, 2016

Malaysia's MISC Berhad has launched arbitration proceedings against Shell to seek resolution on contractual disputes worth some US$245 million concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS)…

Made in Malaysia

Oct 01, 2016

Audrey Raj speaks to Shell and Technip about Malikai’s TLP, a first-of-its-kind designed and built in Malaysia for the field offshore Sabah. Malikai TLP onboard Dockwise White Marlin HTV. Photos from Shell…

MaMPU 1 sets sail for Sarawak

Sep 30, 2016

MISC Berhad saw the sailaway of its Marginal Marine Production Unit (MaMPU 1), a fit-for-purpose FPSO for the development of marginal fields, in a ceremony this week at the MMHE East Yard, Pasir Gudang.  Doves…

McDermott, TH Heavy Engineering dissolve partnership

Sep 27, 2016

Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the pair announced on Friday (23 September), citing local market conditions…

SapuraKencana lands US$65 million in series of contracts

Sep 01, 2016

SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…

Keeping afloat

Sep 01, 2016

The market for floating production systems may have stalled, but FPSs will still be a key part of the offshore technology tool kit, outlines Douglas-Westwood’s Ben Wilby. The FPSO Cidade de Saquarema…

Shah Deniz 2 jacket sails away

Sep 01, 2016

The Shah Deniz Stage 2 platforms sailed away from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) for offshore installation for the BP-led project offshore Azerbaijan.  Shah Deniz 2 jacket…

Mexico reveals prequalified deepwater bidders

Aug 25, 2016

Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…

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