Petronas News

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Jul 24, 2026

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8 billion North Hub project in Indonesia, the Indonesian government said.The company…

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Jul 22, 2026

Velesto Energy has secured a contract worth approximately $51 million from Hess Exploration and Production Malaysia, a wholly owned subsidiary of Chevron, to provide integrated rig, drilling and completion services for the North Malay Basin Full Field Development Campaign…

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

Jun 29, 2026

Vestigo Petroleum, a subsidiary of Petronas Carigali, has contained a fire that broke out at its West Lutong Vent A (WLV-A) facility offshore Sarawak in Malaysia and launched an investigation into the cause of the incident.The fire occurred at about 2:00 p…

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Jul 07, 2026

Italian energy services group Saipem, through its Saipem Indonesia subsidiary and in a joint venture with PT Tripatra Engineers and Constructors, has won a contract for a floating production, storage and offloading (FPSO) unit for the Kutei North Hub development in Indonesia…

Petronas Signs Offshore Oil Recovery Collaboration Deal

Jun 05, 2026

Petronas, through Malaysia Petroleum Management (MPM), has signed a memorandum of understanding with regional exploration and production operators and Universiti Teknologi Petronas (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery in offshore acreages…

Petronas Signs 20-Year LNG Supply Deal with Japan's JERA

Jun 10, 2026

Malysia’s Petronas and Japan's JERA have signed a new long-term liquefied natural gas (LNG) supply agreement that will extend their partnership into the 2040s.Under the agreement, Petronas, through its wholly owned subsidiary Petronas LNG (PLL)…

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Jul 10, 2026

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Eni North Ganal to deliver a steel tube umbilical system for the Kutei North Hub field development project offshore East Kalimantan in Indonesia…

Three Dead After Incident at Petronas' FSO Offshore Malaysia

May 26, 2026

Petronas has confirmed that an incident occurred during lifeboat maintenance work at the Sepat floating, storage and offloading (FSO) unit offshore Malaysia, resulting in three fatalities and one injury.The incident occurred at approximately 12:50 p…

Petronas Makes New Gas Discovery Offshore Suriname

Jun 24, 2026

Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…

Eni and Petronas Launch Southeast Asia Gas Joint Venture Searah

Jun 08, 2026

Eni and Petronas have officially established Searah, a new 50/50 joint venture combining selected businesses across Indonesia and Malaysia, creating what has been described as Southeast Asia's largest independent integrated energy company.The…

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

May 13, 2026

Petronas LNG (PLL) has signed a 20-year time charter agreement with MISC Group for five newbuild liquefied natural gas (LNG) carriers as the Malaysian energy company strengthens long-term LNG supply capacity.The agreement covers five 174,000…

Suriname's Block 52 Could Become Commercial in 18 Months

May 27, 2026

Malaysia's oil and gas producer Petronas is exploring for oil at offshore Block 52 in Suriname, which was declared commercially viable for the development of natural gas late last year following large discoveries in the area, the managing director of state company Staatsolie said on Wednesday…

Perdana Petroleum Wins AHTS Vessel Contracts from Petronas

Apr 16, 2026

Perdana Petroleum has secured contracts to provide two anchor handling tug and supply vessels (AHTS) to Petronas Carigali.The company said its wholly owned unit Perdana Nautika received the work orders on April 8 for the provision of the vessels to support offshore operations…

SLB to Collaborate with Petronas Suriname

Apr 07, 2026

SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7.The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions…

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