Fossil Energy – Drilling
Noble 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 withdraws from Block 52 Suriname
Fossil Energy – Suriname
ExxonMobil 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 signs deal with Petronas for production interest
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 interestLate Life Asset PSC for production continuity Banang Field
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 FieldPetronas makes oil and gas discovery offshore Suriname
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 SurinameNoble and Petronas Suriname agree rig swap offshore Suriname
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 SurinamePetronas and PTTEP sign deals for O&G blocks offshore Malaysia
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 MalaysiaMalaysia records 1 billion barrels of oil discoveries in 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 2023Suriname state-oil firm says Petronas exploration well shows promise
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 promiseTotalEnergies sells a 40% interest in Block 20 to Petronas
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