TotalEnergies strengthens Malaysia gas portfolio with $1.4bn SapuraOMV acquisition
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
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
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
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
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
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
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
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
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
PETRONAS granted 20-year PSC extension for Java Sea’s Ketapang Area
PC Ketapang II Ltd. (PCK2L), a subsidiary of the global energy giant PETRONAS, has successfully secured a significant extension to its energy operations in the ... Read More