Malaysia
News
March 24, 2023
Solutions that will reduce gas turbines’ energy consumption and prevent flare gas leakages to lower methane emission emerged as the grand prize winners of the recently concluded Race2Decarbonise hackathon organized by PETRONAS.
News
March 15, 2023
Sarawak Shell Berhad, a subsidiary of Shell plc, has completed the sale of its stake in two offshore production sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd.
News
March 07, 2023
Add Energy offers 30+ years of operations, drilling and well engineering experience and provides leading solutions in asset management, drilling and well operations, safety and risk, decarbonization and energy transition, and training.
News
February 23, 2023
According to Datuk Tengku Taufik, Sabah's Chief Minister, the partnership with SMJSB underscores PETRONAS' efforts to build a more inclusive environment for the oil and gas industry in Sabah, both offshore and onshore.
News
February 15, 2023
The 10 exploration blocks on offer are within the producing Malay, Sabah and Sarawak basins as well as the newly opened Penyu basin. These blocks cover various geological play settings with sizeable prospects to be explored.
News
January 27, 2023
The deals state that both companies will define the maturation of technical scopes for the CCS value chain. They will jointly evaluate previously identified fields for CO2 storage utilization while developing a commercial framework.
News
January 18, 2023
The Meranti Cluster, located offshore Peninsular Malaysia, was awarded to Ping Petroleum, which is in partnership with Duta Marine Sdn Bhd. All three PSCs were awarded under the Small Field Asset terms introduced in 2020.
News
December 21, 2022
The two companies signed a letter of agreement to extend the Block PM 307 Production Sharing Contract covering the Bertam Field, offshore Peninsular Malaysia from Aug. 15, 2025, to Aug. 14, 2035.
News
December 13, 2022
Sarawak Shell Berhad, a subsidiary of Shell Plc, has agreed to sell its stake in two offshore production-sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production.
News
September 21, 2022
Mubadala Energy confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia.
News
September 06, 2022
Sarawak Shell Berhad, together with PETRONAS Carigali Sdn Bhd, has taken a final investment decision to develop the Rosmari-Marjoram gas project. Gas production is expected to start in 2026.
News
June 01, 2022
This achievement further establishes the company as a strategic player in the international energy sector and marks a 22% increase in production from 2021.
News
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
Article
February 2022
Every region will post an increase, led by the Middle East, the Americas, Africa and the FSU. Offshore activity will grow at about the same pace as onshore drilling.
Article
January 2022
Underinvestment—a good strategy?
News
December 06, 2019
Petrofac is weighing a sale of its Malaysian assets for about $300 million, according to people with knowledge of the matter.
News
October 09, 2019
Exxon Mobil is considering a sale of its offshore Malaysia upstream assets as part of U.S. energy giant’s divestiture program, according to people with knowledge of the matter.
News
August 30, 2019
Fugro has successfully completed the second of three Malaysian seep hunting and geochemical campaigns for Petronas.
Article
April 2019
Svenska Petroleum Exploration AB has commissioned Exceed to drill the first-ever deepwater well offshore Guinea Bissau, West Africa.
Article
May 2018
On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.”
Article
February 2018
With E&P on the mend, major breakthroughs are underway
