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McDermott awarded EPCIC contract by Petronas Brunei

Wednesday, December 10 2025

Fossil Energy – EPCIC Contract

McDermott has received an EPCIC contract from Petronas Carigali Brunei for a major offshore natural gas development in Brunei Darussalam.

[Read more…] about McDermott awarded EPCIC contract by Petronas Brunei

Filed Under: Brunei, Engineering, EPCIC, Export line, Gas development, International News, McDermott, Petronas Tagged With: Brunei, engineering, EPCIC, export pipeline, gas development, mcdermott, petronas

Staatsolie approves commercial field for Sloanea-1 discovery in Block 52

Friday, November 14 2025

Fossil Energy – Commercial Field Approval

Staatsolie Maatschappij Suriname has approved the Commercial Field for the Sloanea-1 gas discovery in Block 52 offshore Suriname.

[Read more…] about Staatsolie approves commercial field for Sloanea-1 discovery in Block 52

Filed Under: approval, Gas discovery, International News, Petronas, Sloanea 1, Staatsolie, Suriname Tagged With: approval, Gas discovery, petronas, Sloanea 1, Staatsolie, Suriname

Staatsolie signs contracts for Block 9 & Block 10

Thursday, November 6 2025

Fossil Energy – Suriname

On Wednesday, November 5, 2025, Staatsolie Maatschappij Suriname signed Production Sharing Contracts (PSCs) for offshore Blocks 9 and 10.

[Read more…] about Staatsolie signs contracts for Block 9 & Block 10

Filed Under: Chevron, International News, Oil and Gas, Petronas, production sharing contract, Staatsolie, Suriname Tagged With: chevron, petronas, Production Sharing Contracts, Staatsolie, Suriname

Eni and Petronas establish NewCo

Tuesday, November 4 2025

General – Independent Company

Today marks a new chapter in Eni’s growth journey, and a milestone for both Eni and PETRONAS.

[Read more…] about Eni and Petronas establish NewCo

Filed Under: ENI, Indonesia, International News, Malaysia, NewCo Tagged With: Eni, establishment, Indonesia, malaysia, management, NewCo, petronas

PT Pertamina Hulu Energi joins forces with Petronas and TotalEnergies

Tuesday, October 28 2025

Fossil Energy – Partnership

PT Pertamina Hulu Energi joins forces with PETRONAS and TotalEnergies on the Bobara PSC in Indonesia, offshore West Papua.

[Read more…] about PT Pertamina Hulu Energi joins forces with Petronas and TotalEnergies

Filed Under: Indonesia, International projects Tagged With: Bobara PSC, Indonesia, petronas, PT Pertamina, TotalEnergies

Petronas expands Suriname portfolio with deepwater block acquisition

Wednesday, June 25 2025

Fossil Energy – Suriname

Petronas has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname.

[Read more…] about Petronas expands Suriname portfolio with deepwater block acquisition

Filed Under: International projects, Oil and Gas, Petronas, production sharing, Suriname Tagged With: Oil and Gas, petronas, Production Sharing Contract, Suriname

PETRONAS and PETROVIETNAM strengthen oil and gas ties

Tuesday, April 15 2025

Fossil Energy – Oil and Gas

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 ties

Filed Under: commercial agreement, International News, Petronas, PetroVietnam Tagged With: Commercial Arrangement, KPA, petronas, PetroVietnam

Soil investigation work for Carbon Captured Storage project

Tuesday, February 4 2025

General – CCS

Soil 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 project

Filed Under: CCS, Duyong Field, International projects, Joint study and development agreement, Malaysia, Petronas, Soil Investigation Tagged With: ccs, Duyong Field, JSDA, malaysia, petronas, Soil Investigation

Transference of contractual right

Friday, January 24 2025

Fossil Energy – Contractual Right

Petronas 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 right

Filed Under: ConocoPhillips, International projects, Petronas, Sabah, transfer contractual right Tagged With: ConocoPhilips, petronas, Sabah Gas, transfer operational righs

Final Investment Decision for Hidayah Development Project

Friday, January 10 2025

Fossil Energy – Petronas

PETRONAS 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 Project

Filed Under: FID, Hidayah Field, Indonesia, International projects, Petronas Tagged With: FID, Hidayah Field, Indonesia, petronas

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