Regions News

 

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Nov 10, 2025

Petronas CCS Ventures, a wholly owned subsidiary of Malaysia’s state energy company Petronas, has received the country’s first offshore assessment permit for carbon capture and storage (CCS) in the Duyong area.The permit, issued by Malaysia Carbon Capture, Utilisation, and Storage Agency (MyCCUS), grants exclusive rights to conduct offshore geological assessments at the Duyong field off Peninsular Malaysia…

Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025

Nov 07, 2025

ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring…

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Nov 04, 2025

The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…

PTTEP Orders OneSubsea Systems for Two Deepwater Projects off Malaysia

Oct 31, 2025

OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Oct 22, 2025

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…

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Oct 21, 2025

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…

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