Petronas News

Perdana Petroleum Nets Three AHTS Charters with Petronas Carigali

Mar 08, 2022

Malaysian offshore services company Perdana Petroleum has secured contracts for three Anchor Handling Tug and Supply vessels with Petronas Carigali.Perdana Nautika will provide the three AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs…

Petronas, Mitsubishi to Sell stakes in Yetagun Gas Field Offshore Myanmar

Feb 18, 2022

Malaysia's Petronas and Japan's Mitsubishi Corp are divesting their stakes in Myanmar's Yetagun gas field, the companies said, in the latest exits by major energy companies from the country since last year's military coup.A spokesperson from…

Petronas, MOL Sign Liquefied CO2 Shipping MoU

Feb 09, 2022

Malaysia's state energy firm Petronas said on Wednesday it has signed an agreement with Japanese shipping company Mitsui O.S.K Lines (MOL) to explore opportunities in liquefied carbon dioxide (CO2) shipping in Asia Pacific and Oceania regions…

BP Wins Two Offshore Exploration Blocks in Indonesia

Mar 21, 2022

British oil major BP has won two offshore exploration blocks in Indonesia, as part of the Indonesian government's second round of the 2021 Oil and Gas Working Area (WK) Bid Round. The blocks in question are Agung l and Agung ll oil and gas exploration blocks…

Malaysia: Kimanis Oil Exports to Fall in May on Field Maintenance

Mar 11, 2022

Exports of Malaysia's flagship Kimanis crude oil are set to fall to six cargoes in May, down two from April, due to maintenance at oilfields offshore Sabah, a preliminary loading schedule showed on Friday.Shell, the operator of the oilfields that produce Kimanis…

Maersk Drilling's Drillship to Drill for TotalEnergies, Petronas in Malaysia

Feb 01, 2022

Oil major Shell has exercised two options on the contract that will employ the Maersk Drilling's drillship Maersk Viking offshore Malaysia.The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project…

Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Lukoil Increases Stake in Shah Deniz Offshore Gas Field in Azerbaijan

Feb 18, 2022

Russian oil company Lukoil has completed the acquisition of a 9.99% interest from Malaysia's Petronas in the Shah-Deniz gas field in Azerbaijan.The transaction value amounted to $1.45 billion, Lukoil said Friday.Following the completion of the deal…

Malaysia Brings Fresh Charge Against Aker Solutions' Employee

Feb 18, 2022

Malaysia on Friday filed a fresh charge against a local manager of Norwegian oil services provider Aker Solutions, accusing him of giving false information to the country's corporate regulator, according to the company and a court document.Ahmad…

Petronas, Shell Exploring Offshore Carbon Capture And Storage in Malaysia

Jan 11, 2022

Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…

Petronas Makes Gas Discovery Offshore Malaysia

Jan 07, 2022

Petronas announced a new gas discovery off the coast of Malaysia.The Malaysian company said Friday that its Petronas Carigali Sdn Bhd (PCSB) subsidiary found gas at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow…

Petronas Awards Six Offshore Blocks in Malaysia Bid Round 2021

Dec 22, 2021

Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…

Hibiscus Petroleum Completes Acquisitions of Repsol's Assets in Malaysia, Vietnam

Jan 25, 2022

Malaysian oil and gas company Hibiscus Petroleum has completed the acquisition of Repsol’s interests in oil and gas assets in Malaysia and Vietnam.The proposed agreement was first announced in June 2021, when the parties said that the purchase price would be $212…

Malaysia Charges Second Aker Solutions Official with Using False Documents

Jan 26, 2022

Malaysia on Wednesday charged an official at Norway's largest oil services provider Aker Solutions, accusing him of using false documents to secure a license renewal, according to the company and a court charge sheet.Mohd Yusof Ab Rahman, 54…

Blue Petra Orders Fast Crew Boat from Strategic Marine

Jan 24, 2022

Strategic Marine, a Singapore-based shipbuilder, has received an order for the construction of a 40-meter Fast Crew Boat from Blue Petra Sdn Bhd, a subsidiary of Great Ocean Supply & Services, based in Malaysia.Great Ocean is a licensed Petronas…

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