General – Sale of SOVs
Coastal Contracts from Malaysia has secured contracts for the sale of two units of offshore support vessels for an aggregate value of RM287.3 million.
[Read more…] about Coastal Contracts bags vessel sales worth RM287m
Collaboration to explore development of carbon sequestration hubs
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 hubs10-year extension for Bertam oilfield PSC offshore Malaysia
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 MalaysiaPetronas makes oil and gas discovery offshore Malaysia
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 MalaysiaVelesto bags North Malay Basin contract from Hess Exploration
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 ExplorationAudacia sets pipelaying record in Malaysia
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 MalaysiaShell invests in Rosmari-Marjoram in Sarawak, Malaysia
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
