Petronas News

Shell starts work on Malikai

Sep 08, 2014

Shell has started work drilling production wells on Malaysia's third deepwater development, the Malikai field, offshore Malaysia.  The Malikai development involves 17 wells drilled from a 23,500 tonne tension leg platform production facility…

Inpex transfers Malaysian interest to Santos

Sep 02, 2014

Inpex Corp. reached an agreement to transfer a 25% participating interest in the deepwater Block S offshore East Malaysia to Australia-based Santos. Block S is located in the Sabah basin and covers 574sq km with a water depth ranging from 200m to 1500m…

Petronas, Qinterra sign multi-million dollar deal

Aug 21, 2014

Petronas Carigali Snd Bhd awarded Qinterra Technologies a contract worth approximately US$20miliion to support operations in Malaysia. The three-year agreement entails that Qinterra Technologies provide tractor services for all of Petronas…

Shell discovers gas off Malaysia

Aug 26, 2014

Shell made a gas discovery at the deepwater Majoram-1 well 180km off the Malaysia coast. The Marjoram-1 well is located in Block SK318, in 800m of water. Shell says the addition of new natural gas resources this year ensures the company is able to continue to provide cost-effective…

McDermott awarded Indonesian fabrication contract

Aug 25, 2014

McDermott International, Inc. has been awarded a fast-track fabrication contract by  PC  Ketapang II Ltd., a subsidiary of Petronas. The contract is for the BTJT-A jacket, as part of the Bukit Tua development project in the Ketapang block off east Java…

Petronas Bentara field sees first oil production

Jul 23, 2014

Petronas' Bentara field in the Balai cluster risk service contract (RSC) area located offshore Sarawak, Malaysia saw its first oil production on 25 May. BC Petroleum developed and operates the field, which is expected to produce around 1000b/d…

Gabon names seven for deepwater blocks

Jul 21, 2014

The Republic of Gabon’s Ministry of Petroleum announced today that it has selected seven companies to participate in a final round of negotiations for deepwater blocks in the offshore licensing tender round from October 2013. The Ministry said Impact Oil & Gas…

Drilling optimization offshore Sarawak

Jul 16, 2014

The Doo Sung rig was contracted in and brought to Shell standards to deliver the campaign. Doo Sung is Korea’s only semi- submersible drilling unit, built in 1984 by Daewoo Shipbuilding Co., and owned by KNOC…

Southeast Asia's next frontier

Jul 07, 2014

Dockwise floatover installed the Shwe development topsides using COOEC's HSY229 installation launch barge. First production was in January this year. Photo from Dockwise. Myanmar has been producing hydrocarbons longer than many…

Hess selects Bergading fabricator

Jul 01, 2014

Hyundai Heavy Industries (HHI) has received a Letter of Award (LOA) from Hess Exploration and Production Malaysia for engineering, procurement, construction, transportation, installation, hook-up, and commissioning (EPCIC) services for the Bergading complex…

Mubadala confirms gas discovery in Malaysia

Jun 23, 2014

Mubadala Petroleum announced today that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas discovery with significant commercial potential. A third discovery, Sirih-1…

Eni enters PSC with PetroVietnam

Jun 26, 2014

Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…

EnQuest buying Asian assets

Jun 16, 2014

UK-based operator EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysia’s interest in the Seligi oil field and the PM8 PSC, offshore Malaysia, subject to approval by Petronas and conditions. The acquisition will…

Subsea UK kicks-off

Jun 10, 2014

Subsea UK will hosts its biennial conference, Subsea Asia, in Malaysia this week, beginning 11 June.  With the Malaysian government recently approving new incentives for exploration activity in more challenging deepwater fields, Neil Gordon (pictured)…

Four well discovery offshore Sarawak

Jun 09, 2014

SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area…

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