Petronas News

McDermott Nets Petronas Contract for Gas Project Offshore Brunei

Dec 10, 2025

McDermott has secured a subsea contract from Petronas Carigali Brunei for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei.The award follows McDermott's completion of front-end engineering design (FEED)…

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

3 hours ago

TotalEnergies has closed an agreement to divest to PTTEP an indirect interest of 9.998% in block SK408 in Malaysia.TotalEnergies will keep a 30.002% interest in block SK408 and the operatorship. The block is a major gas development, contributing to Malaysia’s energy security…

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Dec 09, 2025

Malaysia’s MISC Berhad has secured its first floating production unit (FPU) project in Brunei after receiving a letter of award from PETRONAS Carigali Brunei (PCBL) for the lease, operation and maintenance of the facility for a natural gas development project…

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Nov 10, 2025

Petronas CCS Ventures, a wholly owned subsidiary of Malaysia’s state energy company Petronas, has received the country’s first offshore assessment permit for carbon capture and storage (CCS) in the Duyong area.The permit, issued by Malaysia Carbon Capture…

Suriname Approves Petronas' Commercial Gas Discovery

Nov 13, 2025

Suriname's Staatsolie has approved the commercial declaration of the Sloanea gas discovery by Malaysia's Petronas at one of the country's most promising offshore areas, Block 52, the state-run company said on Thursday.The declaration follows…

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Oct 27, 2025

Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24…

Petronas, Chevron Sign Contracts for Production Offshore Suriname

Nov 05, 2025

Two consortia led separately by Malaysia's Petronas and U.S. Chevron have signed production-sharing contracts with Suriname's Staatsolie to explore and develop two offshore areas in the South American country, the state company said on Wednesday…

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Oct 22, 2025

Malaysia’s state energy firm Petronas has signed a memorandum of understanding (MoU) with Oman’s OQ Exploration and Production New Ventures (OQEP) to jointly explore oil and gas opportunities across the Middle East and Southeast Asia.The agreement…

QatarEnergy Joins Guyana Offshore Exploration Block

Nov 17, 2025

QatarEnergy has signed a production sharing agreement for shallow-water Block S4 offshore Guyana. The block was awarded through the 2022 Guyana Licensing Round.Under the terms of the agreement, QatarEnergy will hold a 35% share, while its partners TotalEnergies will act as operator…

TotalEnergies, QatarEnergy, Petronas to Explore in Guyana

Nov 11, 2025

Oil producers TotalEnergies, Qatar Energy and Petronas have signed a five-year agreement with Guyana's government to explore a shallow-water block, authorities and company executives said on Tuesday.Guyana has struggled to diversify its energy industry…

Eni and Petronas to Establish Company in Indonesia and Malaysia

Nov 04, 2025

Eni and Petronas have signed a binding agreement to establish a new satellite company through the business combination of their upstream assets in Indonesia and Malaysia.The signing follows a framework agreement signed in June 2025.The independent…

Shell-Led LNG Canada Starts Production at Second Processing Unit

Nov 06, 2025

LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Sep 17, 2025

Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm, to expand the use of artificial intelligence in oil and gas exploration activities…

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Oct 13, 2025

Eni is aiming to get its gas joint venture with Malaysia's Petronas up and running some time next year, Guido Brusco, the Italian oil major's global natural resources chief operating officer, said on Monday.Both firms announced earlier this…

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

Oct 17, 2025

Italian classification and marine engineering consultancy RINA has secured a Front-End Engineering Design (FEED) contract by Petronas CCS Ventures (PCCSV) for the Southern Onshore Facilities of Malaysia’s flagship carbon capture and storage (CCS) project…

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