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Hibiscus signs deal with Petronas for production interest

Monday, August 26 2024

Fossil Energy – Acquisition

Hibiscus 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 interest

Filed Under: Acquisition, Hibiscus, International projects, Petronas Tagged With: acquisition, Hibiscus, petronas

Late Life Asset PSC for production continuity Banang Field

Tuesday, June 25 2024

Fossil Energy – Banang Field

Petronas, 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 Field

Filed Under: International projects, oil production, Petronas, Production Tagged With: Banang Field, oil production, petronas

Petronas makes oil and gas discovery offshore Suriname

Thursday, May 16 2024

Fossil Energy – Suriname

Petronas 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

Filed Under: Discovery, International projects, Petronas, Suriname Tagged With: discovery, petronas, Suriname

Noble and Petronas Suriname agree rig swap offshore Suriname

Friday, January 5 2024

Fossil Energy – Drilling Suriname

Noble Corporation and Petronas Suriname E&P have cemented a strategic agreement to exchange drilling rigs for an impending project offshore Suriname.

[Read more…] about Noble and Petronas Suriname agree rig swap offshore Suriname

Filed Under: Drilling, drilling vessel, International News, Noble, Petronas, Suriname Tagged With: drilling, Noble Corporation, Petronas Suriname, Suriname

Petronas and PTTEP sign deals for O&G blocks offshore Malaysia

Tuesday, December 26 2023

Fossil Energy – Malaysia

Malaysia’s Petronas Carigali and Thai PTTEP have signed agreements related to the development of PTTEP-operated oil and gas Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.

[Read more…] about Petronas and PTTEP sign deals for O&G blocks offshore Malaysia

Filed Under: International News, Malaysia, Petronas, PTTEP

Malaysia records 1 billion barrels of oil discoveries in 2023

Tuesday, December 12 2023

Fossil Energy -Malaysia

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023.

[Read more…] about Malaysia records 1 billion barrels of oil discoveries in 2023

Filed Under: International News, Malaysia, Oil and Gas, Petronas

Suriname state-oil firm says Petronas exploration well shows promise

Friday, November 3 2023

Fossil Energy – Suriname

Malaysia’s state-owned oil firm Petronas has discovered several oil-bearing layers in an exploration well off the coast of Suriname, state oil firm Staatsolie said in a statement on Thursday.

[Read more…] about Suriname state-oil firm says Petronas exploration well shows promise

Filed Under: International News, Petronas, Staatsolie, Suriname Tagged With: Offshoreoilandgas, petronas, Staatsolie, Suriname

 TotalEnergies sells a 40% interest in Block 20 to Petronas

Thursday, September 28 2023

Fossil Energy – Angola

TotalEnergies EP Angola Block 20 has finalized the sale to Petronas of a 40% interest in Block 20 in the Kwanza Basin in Angola.

[Read more…] about  TotalEnergies sells a 40% interest in Block 20 to Petronas

Filed Under: Angola, International projects, Oil and Gas, Petronas, TotalEnergies Tagged With: angola, TotalEnergies

Petronas reports 6 oil and gas discoveries off Sarawak coast

Tuesday, July 25 2023

Fossil Energy – Oil and Gas Discoveries

Malaysia state oil firm Petronas said on Monday it has made six oil and gas discoveries in five blocks off the coast of Sarawak.

[Read more…] about Petronas reports 6 oil and gas discoveries off Sarawak coast

Filed Under: Discovery, Drilling, International projects, Petronas, Sarawak Tagged With: discoveries, drilling, petronas, Sarawak

Velesto’s rigs received Notice of Assignments from Petronas

Wednesday, May 10 2023

Fossil Energy – Drilling

Velesto Energy has received three Notice of Assignments related to the contract for the provision of jack-up drilling rigs for Petronas Carigali.

[Read more…] about Velesto’s rigs received Notice of Assignments from Petronas

Filed Under: Drilling, drilling rig, International News, Petronas, Velesto Tagged With: drilling, petronas, Velesto

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