EnQuest expands South East Asian presence with $84m Vietnam deal

Pallavi Madhiraju- January 25, 2025 0

EnQuest PLC has taken a strategic step to expand its operations in South East Asia by acquiring Harbour Energy’s Vietnam business. The $84 million acquisition ... Read More

TotalEnergies strengthens Malaysia gas portfolio with $1.4bn SapuraOMV acquisition

Pallavi Madhiraju- December 10, 2024 0

TotalEnergies, a leading force in the global energy sector, has finalised the acquisition of SapuraOMV Upstream, marking a significant expansion of its operations in Malaysia. ... Read More

ADNOC secures PETRONAS partnership for Ruwais LNG project

Pallavi Madhiraju- December 8, 2024 0

Abu Dhabi National Oil Company (ADNOC) has solidified its position as a global leader in sustainable energy by converting a prior understanding with Malaysia’s Petroliam ... Read More

Why ExxonMobil left Block 52 and what it means for Suriname

Pallavi Madhiraju- November 22, 2024 0

ExxonMobil’s decision to withdraw from its 50% stake in Suriname’s offshore Block 52 marks a key turning point for the company’s operations in the Suriname-Guyana ... Read More

PETRONAS revenue up, profit down as foreign exchange boosts revenue, but higher taxes hit profit

Pallavi Madhiraju- September 8, 2024 0

PETRONAS, Malaysia's state-owned energy giant, reported a revenue increase to RM171.7 billion (approximately USD 36.06 billion) for the first half of 2024 (1H 2024), up ... Read More

PETRONAS teams up with ADNOC and Storegga for carbon capture project in Malaysia

Pallavi Madhiraju- August 22, 2024 0

PETRONAS, the Abu Dhabi National Oil Company (ADNOC), and Storegga have announced a significant Joint Study and Development Agreement (JSDA) to enhance carbon dioxide (CO2) ... Read More

PETRONAS awards PSC to Vestigo Petroleum for Sabah’s offshore fields

Pallavi Madhiraju- June 28, 2024 0

PETRONAS, through its Malaysia Petroleum Management (MPM) division, has awarded a significant Production Sharing Contract (PSC) to Vestigo Petroleum Sdn Bhd for the development of ... Read More

PETRONAS CCS Ventures partners with DNV for carbon capture and storage certification in Malaysia

Pallavi Madhiraju- June 8, 2024 0

PETRONAS CCS Ventures Sdn Bhd, a wholly-owned subsidiary of PETRONAS, has entered into a strategic partnership with DNV, a global quality assurance and risk management ... Read More

PETRONAS extends Java Sea production sharing contract until 2048

Pallavi Madhiraju- May 15, 2024 0

PC Ketapang II Ltd. (PCK2L), a pivotal subsidiary of Malaysia's PETRONAS, has successfully secured a Production Sharing Contract (PSC) extension for the Ketapang Contract Area ... Read More

INPEX expands presence in Malaysia with new exploration block SK510 award

Pallavi Madhiraju- January 24, 2024 0

INPEX CORPORATION, Japan's premier exploration and production (E&P) company, has marked a significant milestone in its strategic expansion within the energy sector by securing Block ... Read More

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