The sinking of Velesto Energy’s NAGA (dragon) 7 jack-up rig offshore Malaysia has prompted investment firm CGS-CIMB to upgrade the drilling company as the closed-door investigation into the accident continues.
Seadrill Partners will use its West Capella drillship to drill four wells offshore Malaysia for an unnamed client in a deal worth about $43 million.
UK-listed Harbour Energy is seeking a deep-water drilling rig as it prepares to probe the deep waters of Indonesia’s North Sumatra basin.
Canadian-based International Petroleum Corporation (IPC) has taken full control of the Bertam field offshore Peninsular Malaysia.
Malaysian offshore service provider Tanjung Offshore, part of T7 Global, has received a $12.2 million contract from Petronas for the provision of plug and abandonment integrated services on the Pulai A field offshore Malaysia.
Malaysia’s Velesto Energy is evaluating potential recovery options for its jack-up drilling rig NAGA (dragon) 7 that sunk off the Malaysian state of Sarawak while working for ConocoPhillips.
A jack-up drilling rig owned by Malaysia’s Velesto Energy, and working for ConocoPhillips, off the Malaysian state of Sarawak, has sunk.
UK listed Jadestone Energy is buying SapuraOMV’s Peninsular Malaysia assets in a deal worth up to $15 million that will increase the company’s total reserves by more than 30%.
Malaysian national oil company (NOC) Petronas is adding three new liquefied natural gas (LNG) tankers to its global fleet. The ships will primarily be used to ship LNG from Canada.
Asia Pacific has been driving global upstream sanctioning activity over recent months with multiple projects approved in Malaysia and Australia.
Malaysian national oil company Petronas has started exporting liquefied natural gas (LNG) to China in ISO tanks from its filling facility in Pengerang, Johor Bahru.
Malaysian national oil company (NOC) Petronas has raised $3 billion through a dual-tranche bond offering.
Malaysia’s national oil company Petronas has awarded the production sharing contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.
India’s first floating storage and regasification unit (FSRU) the Höegh Giant docked at H-Energy’s Jaigarh liquefied natural gas (LNG) import terminal in Maharashtra earlier this month and is targeting to start operations in the first week of May - when the first LNG cargo arrives.
Malaysian national oil company Petronas is ready to start production from its Garagol Deniz West field in the Turkmenistan area of the Caspian Sea, some eight years after a platform jacket was installed.
Malaysian national oil company Petronas has awarded an exclusive three-year contract to Welltec as the sole provider of downhole conveyance and powered mechanical services in Malaysia.
Petronas has handed Maersk Drilling a $24 million contract to drill one well off Gabon using a deepwater drillship.
Santos is seeking buyers for a 20-30% stake in its large Dorado oil project and Bedout exploration portfolio offshore western Australia estimated to be worth up to $200 million. Significantly, there is expected to be global interest in the sales process, which could be particularly appealing for Asian national oil companies (NOCs).
Malaysia and Brunei have finally formalised a previously stalled unitisation agreement for the Gumusut-Kakap and Geronggong-Jagus East fields that straddle the international maritime boundary between the two countries. The about turn bodes well for Anglo-Dutch supermajor Shell, which has stitched up most of the acreage in Brunei’s offshore.
Malaysian national oil company (NOC) Petronas has declared force majeure on its Yetagun field off Myanmar, which is on the brink of civil war, due to the depletion of gas production.
Thailand’s PTT Exploration & Production (PTTEP) has struck a significant shallow-water oil and gas discovery in Block SK405B off the Malaysian state of Sarawak.
Malaysia’s Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities following the first cargo delivery by the company’s floating LNG DUA (PFLNG DUA).
Petronas’ former upstream head Anuar Taib will take over the running of Malaysian upstream player and leading offshore fabricator Sapura Energy as chief executive.
Malaysia’s national upstream company Petronas Carigali has hired two jack-up rigs from Velesto Energy for a campaign this year.
Malaysian national oil company Petronas has successfully priced a $600 million single tranche seven-year note.