Southeast Asia braces for huge wave of decommissioning
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
Malaysia
EnQuest awarded Malaysian oil block with Petronas
Oil firm Enquest has announced the award of a production block off the coast of Malaysia.
Wellpro lines up Middle East, Asia focus
Wellpro Group struck a deal to enter the Middle East in May, with an aim for leveraging an existing footprint to speed the way.
Petrofac announces £93m new deals in North Sea and Malaysia, buys Texas energy services firm
Petrofac has announced new contracts and extensions in the North Sea and Malaysia worth £93m, as well as an acquisition marking its entry to the US onshore services market.
Sonangol rig arrested in Malaysia
Malaysian authorities have seized a drillship that was on its way to Angola.
Petronas signs up LNG bunkering with Avenir
Petronas has chartered an LNG bunkering vessel in Malaysia, under a deal with Avenir LNG.
Gas shortfall threat should spur new investment in Malaysia, Woodmac says
Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia due to supply shortages, according to Wood Mackenzie.
Malaysian firm presses on with plans for North Sea blocks
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.
Investment in safety should be reviewed following cost cuts, Malaysian oil guru says
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 wins contract for project off Malaysia
TechnipFMC has won a contract for subsea work off Malaysia on Murphy Sabah Oil's Block H gas development project.
Saudi Aramco in biggest downstream investment outside of Kingdom
Saudi Aramco has made its biggest downstream investment outside of the Kingdom.
Saudi Aramco pledged $7bn to Malaysia refinery scheme, report says
Saudi Aramco will invest $7billion in an oil refinery project in Malaysia, the country’s prime minister said.
Nippon, Petronas starts commercial operations from Sarawak complex
Nippon Oil & Energy Corp has said its venture with Petronas has started commercial operations at the LNG complex in Bintulu, Sarawak.
Technical glitch stops petrol pumps at 900 Shell stations in Malaysia
Oil major Shell is reportedly facing technical problems at around 900 stations in Malaysia.
Shell sells of refining company for $66.3million
Shell today confirmed it sold one of its refining companies for $66.3million.
Worker dies, two others injured at Petronas processing plant
A worker has died after an incident at a Petronas processing plant in Malaysia.
Shell could sell Malaysia assets for $25m
Kuala Lumpur-based Hibiscus Petroleum has entered into a conditional agreement to buy Shell’s interests in four producing oil fields off Malaysia.
Petronas considering sale of $27bn Canadian LNG asset
Petronas said it is considering selling its majority stake in a $27billion Canadian liquefied natural gas (LNG) plant.
Canada approves $27bn Petronas LNG project
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.
THHE and McDermott part ways on low oil price
TH Heavy Engineering (THHE) said it has parted ways with US engineering firm McDermott.
Petronas plans more job cuts
Petronas is planning further job cuts as it continues to manage through the lower oil price.
Vitol subsidiary’s Malaysia terminal shut following oil spill
A Malaysian port authority has ordered the suspension of operations at a fuel terminal following an oil spill, a news report said.
Sparrows strikes up alliance with Malaysian firm
Aberdeen crane engineering firm Sparrows Group will expand its operations in the Asia Pacific market after teaming up with a Malaysian firm.
Paradigm secures new Malaysia contract
Aberdeenshire-based Paradigm Flow Services has won a contract for deepwater work in Malaysia.
Update: Pay dispute, not terrorism behind Malaysian tanker ‘hijacking’
A “hijacked” Malaysian oil tanker is thought to have been taken in a commercial dispute, a news report said.