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PETRONAS

Asia

McDermott wins world-leading CCS installation work

"Set to become one of the largest offshore CCS projects in the world, the Kasawari CCS award showcases the valuable role we have in supporting our clients through the energy transition," said Mahesh Swaminathan, McDermott's senior vice president, subsea and floating facilities.

Podcast

Road to ADIPEC 4: sustainability and technology

“I don't know anyone who thought this transition would be quick and easy, right? I mean, we're talking about the transformation of global energy systems on a massive scale. We've never done this before and we have to get moving quickly,” Cahill explained.

Africa

Nilepet aims to tackle production declines

The executive said he had been involved in driving changes at Nilepet since his arrival at the start of the year. This included increasing salaries for workers, changing the governance structure and passing the company's first budget.

Asia

Technology focus helps grow Petronas capex

Petronas will also be upgrading its rig capabilities as well as providing third party drilling services for other companies over the next three years, the firm said in its recent outlook.

Asia

Malaysia launches 2023 bid round, awards highest number of PSCs since 2010

Petronas today launched the Malaysia Bid Round 2023 (MBR 2023), offering 10 exploration blocks and two clusters of Discovered Resource Opportunities (DRO). The company also signed deals from last year’s round representing the highest number of PSCs awarded in Malaysia within a single year since 2010.