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Collaboration to explore development of carbon sequestration hubs

Monday, January 2 2023

General – Carbon Hub

On December 30, 2022, Shell Malaysia and Petronas have signed a Cooperation Agreement to jointly explore the development of Carbon Sequestration Hubs in Malaysia.

[Read more…] about Collaboration to explore development of carbon sequestration hubs

Filed Under: Carbon Capture, Carbon Storage, CCS, International projects, Malaysia, Petronas, Shell Tagged With: ccs, malaysia, petronas, Shell

10-year extension for Bertam oilfield PSC offshore Malaysia

Monday, December 26 2022

Fossil Energy – Production Sharing

International Petroleum Corp.’s (IPC) Malaysian subsidiaries have signed a letter agreement with Petronas on extending the production sharing contract (PSC) for offshore Block PM 307, which covers the producing Bertam Field.

[Read more…] about 10-year extension for Bertam oilfield PSC offshore Malaysia

Filed Under: International News, IPC, Malaysia, Production, production sharing Tagged With: Bertam, IPC, malaysia, Production Sharing

Petronas makes oil and gas discovery offshore Malaysia

Thursday, December 8 2022

Fossil Energy – Malaysia

Petronas has made an oil and gas discovery in Block SK306 offshore Malaysia, following the drilling of the Nahara-1 well.

[Read more…] about Petronas makes oil and gas discovery offshore Malaysia

Filed Under: Discovery, International projects, Malaysia, Petronas Tagged With: malaysia, Nahara-1, petronas

Velesto bags North Malay Basin contract from Hess Exploration

Tuesday, November 8 2022

Fossil Energy – Malaysia

Velesto Energy has bagged a US$135 million contract from Hess Exploration and Production Malaysia.

[Read more…] about Velesto bags North Malay Basin contract from Hess Exploration

Filed Under: Drilling, drilling rig, Hess, International projects, Malaysia, Velesto Tagged With: drilling, Hess, malaysia, Velesto

Audacia sets pipelaying record in Malaysia

Friday, October 28 2022

Fossil Energy – Pipelaying

Allseas said today that its pipelay vessel Audacia had recently broken a pipelaying record during her Malaysian debut.

[Read more…] about Audacia sets pipelaying record in Malaysia

Filed Under: Allseas, Audacia, Malaysia, pipelay Tagged With: Allseas, Audacia, malaysia, pipelaying, record

Shell invests in Rosmari-Marjoram in Sarawak, Malaysia

Monday, September 5 2022

Fossil Energy – Malaysia

Sarawak Shell Berhad, a subsidiary of Shell plc, together with PETRONAS, has taken a final investment decision (FID) to develop the Rosmari-Marjoram gas project.

[Read more…] about Shell invests in Rosmari-Marjoram in Sarawak, Malaysia

Filed Under: Gas, International projects, Malaysia, Petronas, Shell Tagged With: gas project, malaysia, petronas, Rosmari-Marjoram, Shell

Velesto completes offline capabilities upgrade for two jack-up rigs

Thursday, August 11 2022

Fossil Energy – Drilling

Velesto Energy has completed the offline capabilities upgrading works for NAGA 5 and NAGA 6, making them the first Malaysian jack-up drilling rigs to be equipped with offline capabilities.

[Read more…] about Velesto completes offline capabilities upgrade for two jack-up rigs

Filed Under: International News, Jack up, Malaysia, Velesto Tagged With: NAGA 5, NAGA 6, Velesto

Petronas signs for $2 billion new floating LNG project

Monday, April 25 2022

General – FLNG

Malaysia’s national energy company Petronas and the Sabah Oil & Gas Development Corporation (SOGDC) have teamed up to build the nation’s first nearshore floating liquefied natural gas (FLNG) facility.

[Read more…] about Petronas signs for $2 billion new floating LNG project

Filed Under: FLNG, International News, Malaysia, MoU, Petronas Tagged With: FLNG, malaysia, petronas

Petronas signs PSCs, attracting RM600 mln exploration activities

Wednesday, March 23 2022

Fossil Energy – Malaysia

Petronas has signed on Tuesday the Production sharing contracts (PSCs) for five offshore exploration blocks, enabling the state-owned oil and gas firm to attract a capital commitment of about RM600 million in exploration activities in Malaysia.

[Read more…] about Petronas signs PSCs, attracting RM600 mln exploration activities

Filed Under: Exploration, International projects, Malaysia, Petronas Tagged With: exploration, malaysia, petronas, PSCs

First gas flows from Pegaga offshore field in Malaysia

Tuesday, March 22 2022

Fossil Energy – Malaysia

Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced the first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.

[Read more…] about First gas flows from Pegaga offshore field in Malaysia

Filed Under: International News, Malaysia, Mubadala Petroleum, Oil and Gas Tagged With: gas, malaysia, Mubadala Petroleum, Pegaga

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