Shell to sell stake in Indonesia’s Masela PSC to Pertamina and PETRONAS
Shell's subsidiary, Shell Upstream Overseas Services (SUOS), has agreed to sell its 35% stake in Indonesia’s Masela Production Sharing Contract (Masela PSC) to local firm ... Read More
TotalEnergies and partners sign PSC for Agua Marinha Block in Brazil’s Campos Basin
TotalEnergies, in partnership with Petrobras, QatarEnergy, and PETRONAS Petróleo Brasil Ltda (PPBL), has officially signed the production sharing contract (PSC) for the Agua Marinha block. ... Read More
Petronas announces Baja oil discovery in Suriname
Baja oil discovery in Suriname: Petronas said that its subsidiary Petronas Suriname E&P (PSEPBV) has announced an oil discovery in Suriname through the drilling of ... Read More
FAR Ltd takes full ownership of Blocks A2 and A5 in Gambian waters
FAR Ltd has taken full ownership of Blocks A2 and A5 in Gambian waters after its fully-owned subsidiary FAR Gambia Ltd acquired an additional 50% ... Read More
Shah-Deniz gas project : Lukoil wraps up $1.45bn deal to increase stake by 10%
PJSC Lukoil has wrapped up the previously announced $1.45 billion acquisition of an additional 9.99% stake in the Shah-Deniz gas project, offshore Azerbaijan from Petronas. ... Read More
TechnipFMC partners with Petronas for gas processing technology
TechnipFMC has signed an agreement with Malaysian oil and gas firm PETRONAS’ subsidiary PETRONAS Technology Ventures Sdn Bhd (PTVSB) for commercializing a natural gas processing ... Read More
Shah Deniz gas project : Lukoil to increase stake in $2.25bn deal
Lukoil signed a deal worth $2.25 billion with Malaysian oil and gas company Petronas for acquiring an additional stake of 15.5% in the Shah Deniz ... Read More
VA TECH WABAG bags $11.4m order for effluent treatment plant in Malaysia
VA TECH WABAG (WABAG), an Indian water treatment company, has bagged a $11.45 million contract for installing a new effluent treatment plant for PETRONAS’ $27 ... Read More
Vestigo secures PSC from PETRONAS for South East Collins Cluster
Malaysian oil and gas company, PETRONAS, has awarded Vestigo Petroleum Sdn. Bhd. the South East Collins Cluster Production Sharing Contract (PSC) aimed at monetizing an ... Read More
HydraWell wins contract from Kinsale Energy for Irish decommissioning project
HydraWell has bagged a multi-year contract from Petronas subsidiary - Kinsale Energy for supporting a decommissioning project in Ireland. The Norwegian well plugging service provider said that ... Read More