Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia due to supply shortages, according to Wood Mackenzie.
Malaysian oil firm Hibiscus Petroleum said today that it expects to have a field development plan in place for two UK North Sea blocks by the end of this year.
Malaysian oil and gas leader Sofiyan Yahya will encourage industry to review investment in "front line" safety practices at a global conference in Kuala Lumpur on November 7.
TechnipFMC has won a contract for subsea work off Malaysia on Murphy Sabah Oil's Block H gas development project.
Saudi Aramco has made its biggest downstream investment outside of the Kingdom.
Saudi Aramco will invest $7billion in an oil refinery project in Malaysia, the country’s prime minister said.
Nippon Oil & Energy Corp has said its venture with Petronas has started commercial operations at the LNG complex in Bintulu, Sarawak.
Oil major Shell is reportedly facing technical problems at around 900 stations in Malaysia.
Shell today confirmed it sold one of its refining companies for $66.3million.
A worker has died after an incident at a Petronas processing plant in Malaysia.
Kuala Lumpur-based Hibiscus Petroleum has entered into a conditional agreement to buy Shell’s interests in four producing oil fields off Malaysia.
Petronas said it is considering selling its majority stake in a $27billion Canadian liquefied natural gas (LNG) plant.
Canadian Prime Minister Justin Trudeau’s government has approved Petroliam Nasional Bhd’s C$36 billion ($27 billion) Pacific NorthWest liquefied natural gas project on British Columbia’s Pacific coast.
TH Heavy Engineering (THHE) said it has parted ways with US engineering firm McDermott.
Petronas is planning further job cuts as it continues to manage through the lower oil price.
A Malaysian port authority has ordered the suspension of operations at a fuel terminal following an oil spill, a news report said.
Aberdeen crane engineering firm Sparrows Group will expand its operations in the Asia Pacific market after teaming up with a Malaysian firm.
Aberdeenshire-based Paradigm Flow Services has won a contract for deepwater work in Malaysia.
A “hijacked” Malaysian oil tanker is thought to have been taken in a commercial dispute, a news report said.
Unknown hijackers have captured an oil tanker with 900,000 litres on board and sailed it into Indonesian waters, Malaysian officials were cited as saying in a news report.
Odfjell Drilling has signed a memorandum of Deepsea Metro I with Petronas to drill a well offshore Malaysia.
Malaysia has opened up its territorial waters in a bid to stimulate offshore E&P investment activity.
Multinational oil companies are said to be pulling staff out of Singapore and moving them to Malaysia in a bid to save costs, according to reports.
Lundin Petroleum said it has completed the Maligan exploration well offshore East Malaysia and encountered significant gas shows.
Lundin Petroleum has signed farm-out agreements with Dutch firm Dyas for part of its working interests in three production sharing contracts in Malaysia.