Petronas News

Petronas close to Suriname drilling

Apr 22, 2016

Malaysian state oil firm Petronas is due to start drilling offshore Suriname next month, the country's state oil firm says.  Staatsolie says Petronas, with partner DEA, a German company, has lined up the Rowan Company's Ralph Coffman…

Hess farms into Suriname

May 04, 2016

US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…

Petronas delays PFLNG 2 amid slump

Feb 29, 2016

Malaysia’s Petronas is pumping the breaks on its Petronas floating LNG 2 (PFLNG 2) project after the company suffered lower revenue and profit last year due to the low oil price environment. Image of the PFLNG 1…

GE, SapuraKencana JV signs PFLNG agreement

Mar 24, 2016

A joint venture between SapuraKencana Services and GE Power Systems, SapuraKencana GE Oil & Gas Services (SKGE) has been awarded a long term service agreement by Petroliam Nasional (PETRONAS) Floating LNG1 (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels…

Petronas names FLNG1 - Satu

Mar 08, 2016

Petronas' first floating liquefied natural gas (FLNG) facility officially received its name, PFLNG Satu, at a ceremony held at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. President and group CEO of Petronas…

First Sabah, Malaysia, multiclient shoot planned

Apr 01, 2016

A consortium comprising of three major seismic data companies  have won a tender for rights to carry out a seismic program offshore Malaysia.  The program, to be run by PGS, TGS and Schlumberger WesternGeco, will be the first time the waters…

Petronas to cut 1000 jobs

Mar 01, 2016

Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…

Lundin hits gas offshore Malaysia

Mar 03, 2016

Sweden's Lundin Petroleum has discovered 'significant gas shows' in the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan well was drilled with the West Prospero jackup rig to a total depth of approximately 1380m…

Latin America: Great expectations

Mar 01, 2016

Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…

PBJV inks PGLNG 1 work

Feb 17, 2016

Barakah Offshore Petroleum Berhad’s subsidiary, PBJV Group Sdn Bhd. won a US$4.6 million subcontract agreement for the Petronas Floating LNG 1 (PFLNG 1). The work is for the provision of offshore engineering, procurement, installation and related activities…

Ampelman supplies walk to walk in Malaysia

Jan 27, 2016

Dutch offshore access firm Ampelmann has won its first contract with Petra Resources, for end client Petronas, to supply offshore access services offshore Malaysia during the monsoon period. Stretching from October to February, the monsoon period is renowned for its harsh weather conditions…

Lundin Malaysia begins drilling Maligan well

Jan 29, 2016

Lundin Malaysia commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands…

Lundin completes Bambazon well

Jan 25, 2016

Lundin Malaysia completed, and will plug and abandon the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia. The well encountered approximately 15m of net logged reservoir pay with oil shows over three main reservoir…

Sky-Futures in first GoM drone inspection

Jan 22, 2016

Sky-Futures, the provider of drone inspection services for the global oil and gas industry, completed the first ever oil and gas inspection by drone in the Gulf of Mexico last week for a global oil and gas service and drilling company. Drone…

Top projects by expense for 2016

Jan 01, 2016

No. 1 – Chevron’s Big Foot Chevron’s Big Foot platform being towed to Walker Ridge. Photo from Chevron. Coming in at No. 1 on Infield System’s list of highest capex projects for…

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