Petronas News

 

TotalEnergies Joins APA and Petronas in Suriname’s Offshore Block

Jun 27, 2025

TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve, formerly known as CEPSA, in Block 53, offshore Suriname, joining APA and Petronas as partner in the license.Block 53 lies directly east of Block 58, where TotalEnergies and its partners made the final investment decision (FID) for the GranMorgu development in October 2024.TotalEnergies Greenlights $10.5B GranMorgu Oil Development Offshore SurinameBlock 53 contains the Baja-1 discovery…

Blue Water to Ensure Noble Developer’s Smooth Drilling Ops off Suriname

Jul 30, 2025

Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname.Blue Water team in Suriname will offer rig agency and the logistics and shorebase support Noble Developer…

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Jul 14, 2025

Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…

Santos and QatarEnergy Agree Mid-Term LNG Supply

Jul 07, 2025

Santos has signed a mid-term liquefied natural gas (LNG) supply contract with QatarEnergy Trading.The contract is to supply approximately 0.5 million tonnes of LNG per annum over a period of two years from 2026 with LNG being supplied from Santos’…

Petronas Set for Three-Well Drilling Campaign off Suriname

Jul 07, 2025

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday.Petronas hired…

Canada Joins LNG Export Nations as First Cargo Sets Sail

Jul 01, 2025

LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility…

Petronas, Japan’s JOGMEC Sign Strategic LNG Agreement

Jun 24, 2025

Malaysia’s state-owned energy giant Petronas, through its subsidiary Petronas LNG, and Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation (MoC) to expand the collaboration framework in the liquefied natural gas (LNG) sector…

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Jun 20, 2025

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)…

ENEOS Gets Extension for Gas Block off Malaysia

Jun 20, 2025

Japan’s ENEOS Xplora, through its subsidiary ENEOS Xplora Malaysia, has signed an extension of production sharing contract (PSC) with Petronas for a block located off the coast of Sarawak in Malaysia.The PSC extension is for the block SK10 and will run for ten years…

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Jun 19, 2025

Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427…

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Jun 18, 2025

Woodside Energy and Petronas, through its subsidiary Petronas LNG, have signed a non-binding heads of agreement (HoA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a period of 15 years.The LNG would be supplied…

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Jun 17, 2025

Malaysian state energy company Petronas said on Tuesday it expects to take one to two years to set up a planned joint venture with Italian energy group Eni on upstream assets in Indonesia and Malaysia.The companies announced a joint venture framework…

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Jun 16, 2025

TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed.The licenses, which are all in different maturation stages…

Saipem Hires AIS Bardot to Supply Equipment for Deepwater Project off Angola

May 23, 2025

AIS Bardot, a supplier of subsea umbilicals, risers and flowlines, has secured a contract from Saipem for TotalEnergies’ Kamiho deepwater oil and gas project, off Angola.The contract is for the manufacture and supply of three complete hybrid riser lines of 100 meters each…

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

May 23, 2025

Malaysia’s oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II, PC North Madura II, and PETRONAS North Ketapang, and is set to begin in July 2025…

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