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 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…
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 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…
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 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 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…
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…
Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait…
Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led LNG Canada, MidOcean said on Tuesday.The deal also includes a fifth of Malaysian state…
Woodside Energy has signed a sale and purchase agreement (SPA) with Petronas for the supply of 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years.The milestone marks the successful…
Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said.Petronas, which has discovered gas reserves in the block…
McDermott has secured a large offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah in East Malaysia, covering the Alum, Bemban and Permai deepwater fields.Under the scope of the contract…
Suriname state oil firm Staatsolie will launch in November an 'open-door offering' for offshore areas to be explored and evaluated, the company said on Tuesday, as the small South American nation seeks partners and financing for what it hopes could be an oil and gas boom…
Petronas, through its wholly-owned subsidiary Petronas Suriname E&P, has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname.The agreement was signed with Staatsolie Maatschappij Suriname and Paradise Oil Company (POC)…
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