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 SurinameSuriname 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 promisePetronas reports 6 oil and gas discoveries off Sarawak coast
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 coastVelesto’s rigs received Notice of Assignments from Petronas
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 PetronasPetronas inks farm-out agreement for Samarang PSC
Fossil Energy – Farm Out Agreement
Petronas Carigali (PCSB) has entered into a Farm Out Agreement (FOA) with SMJ Sdn (SMJSB) for the sale of PCSB’s 50 per cent of non-operating participating interest in the Samarang Production Sharing Contract (PSC).
[Read more…] about Petronas inks farm-out agreement for Samarang PSCCollaboration 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 hubs