GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
PETRONAS, Malaysia, and Vietnam Oil and Gas Group PETROVIETNAM signed a Key Principles Agreement (KPA) to extend the Production Sharing Contract (PSC) and Upstream Gas Sales Agreement (UGSA) for the PM3 Commercial Arrangement Area (CAA) for another 20 years.
[Read more…] about PETRONAS and PETROVIETNAM strengthen oil and gas tiesSoil Investigation Work for Carbon Captured Storage (CCS) Project will be carried out via Keyfields Helm at Duyong field, Offshore Terengganu, from 15 Jan to 28 Feb 2025.
[Read more…] about Soil investigation work for Carbon Captured Storage projectPetronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips.
[Read more…] about Transference of contractual rightPETRONAS has reached the Final Investment Decision (FID) for developing the Hidayah field, located in the North Madura II Contract Area, East Java, Indonesia.
[Read more…] about Final Investment Decision for Hidayah Development ProjectIn response to an online news portal’s report that it might be trimming its workforce due to its gas distribution agreement with Petroleum Sarawak, Petronas said it is conducting a comprehensive review of its productivity.
[Read more…] about Petronas reviews productivity in response to report potential downsizingNoble and PETRONAS Suriname E&P have agreed the high-specification semisubmersible rig Noble Developer to drill three wells offshore Suriname.
[Read more…] about Three wells offshore SurinameExxonMobil Exploration & Production Suriname has formally notified Staatsolie that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.
[Read more…] about ExxonMobil withdraws from Block 52 SurinameHibiscus Petroleum Berhad announced that its indirect wholly-owned subsidiary, Straits Hibiscus has signed an agreement to acquire a 30% Participating Interest in the Block PM327 Production Sharing Contract through a farm-in arrangement with PETRONAS Carigali.
[Read more…] about Hibiscus signs deal with Petronas for production interestPetronas, through Malaysia Petroleum Management (MPM) recently awarded a Late Life Asset Production Sharing Contract (LLA PSC) for Banang field, located offshore Peninsular Malaysia to Petra Energy Development.
[Read more…] about Late Life Asset PSC for production continuity Banang FieldPetronas Suriname E&P has made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well in Suriname’s Block 52, located about 170 kilometres offshore and 9 kilometers east from Roystonea-1.
[Read more…] about Petronas makes oil and gas discovery offshore Suriname
