Petronas News

Fugro Surveys Petronas Acreage

Sep 02, 2019

Dutch multinational geo-data specialist Fugro has completed the second of three Malaysian seep hunting and geochemical campaigns for Malaysian oil and gas company ‘Petronas’.According to the provider of geotechnical, survey, subsea, and geoscience services…

SeaTec Forays into Offshore Installation

Sep 13, 2019

UK-based SeaTec, a daughter company of V.Group, has completed air diving works as part of a major offshore project on the Bokor oilfield close to the Malaysian coast.The project marks SeaTec’s first foray into offshore platform installation works…

Velesto Bags Contracts from Petronas Carigali

Sep 09, 2019

Malaysia-based Velesto Drilling, indirect wholly- owned unit of Velesto Energy Bhd’s (VEB), has received a letter of award from Petronas Carigali Sdn Bhd (PCSB) for the provision of jack-up drilling rig Naga 7.In a filing with Bursa Malaysia…

Petronas Signs Offshore Deal with Gabon

Aug 05, 2019

Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) has signed an agreement with Gabon for two exploration permits after the African country enacted a new oil law last month.A Bloomberg report quoted Noel Mboumba, Gabon’s petroleum…

Total Extends Pacific Santa Ana Gig

Aug 14, 2019

Offshore drilling contractor Pacific Drilling has been awarded a one-well extension for its drillship working for French oil major Total in Offshore Mauritania.Pacific Santa Ana is expected to run from this month to September, said offshore ultra-deepwater drilling company…

Seadrill Gets a Drillship Contract

Jul 18, 2019

UK-based international offshore drilling contractor Seadrill Partners has scored a contract in Gabon for one of its drillships.The offshore drilling firm said in press release that its drillship West Polaris had secured a contract with PC Gabon Upstream for drilling operations in Gabon…

A Boost for Africa’s P&A Market

Jul 18, 2019

Despite Africa not being a top contender in the global decommissioning market, the region holds huge potential for growth as more offshore old and gas fields mature while some of the newly drilled ones turn dry.The region’s top oil and gas producers such as Angola…

Sapura Energy Bags Multiple Contracts

Jul 01, 2019

Malaysia’s oilfield services player Sapura Energy said it has has clinched contracts worth a total of MYR 1 billion ($242 million) for several new oil patch deals and one – the company’s first – offshore wind contract.The 10 new contracts are…

FLNG Satu Achieves First LNG at Kebabangan

May 21, 2019

Petronas has produced its first liquefied natural gas (LNG) from a floating LNG (FLNG) facility at the Kebabangan cluster field, 90 kilometers offshore the eastern state of Sabah, the Malaysian state-owned oil company announced on Tuesday.First…

Seadrill Contract Backlog Reaches $1.9bln

May 28, 2019

The deepwater drilling contractor Seadrill said that its contract backlog, as of May 23, 2019, totaled approximately $1.9 billion.The drilling services provider said it has added $130 million of additional backlog from March, including the AOD…

Velesto Bags Petronas Drilling Job

Apr 23, 2019

Malaysia's Velesto Drilling, a subsidiary of  Velesto Energy, has been awarded four contracts worth a total of RM432.33mln (US$104.68 million) from Petronas Carigali Sdn Bhd for the provision of jack-up drilling rig services. Velesto Energy…

Icon Offshore Bags Contract from Petronas

Apr 08, 2019

The largest offshore support vessel (OSV) provider in Malaysia, Icon Offshore Bhd said that its wholly owned subsidiary Icon Offshore Group Sdn Bhd (IOGSB) has secured a contract from Petronas Carigali Sdn Bhd for the provision of straight supply vessel…

Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

Petronas Q4 Profit Skids 21%

Mar 08, 2019

Malaysian state oil firm Petronas said on Friday its fourth-quarter profit slid 21 percent as costs piled up, and warned it will have to chart a way through a volatile, challenging 2019 citing market uncertainties and geopolitical risks.Petronas…

Malaysia's 2nd FLNG May be Ready by Q1 2020

Apr 02, 2019

State-owned Petroliam Nasional Bhd, or Petronas, expects to have its second floating liquefied natural gas (LNG) facility in Malaysia ready by the first quarter of next year, its chief executive, Wan Zulkiflee, told the LNG2019 conference in Shanghai on Tuesday…

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