Petronas joins Exxon in seeking exit from Chad project
Petronas is considering selling its stake in a joint project in Chad with ExxonMobil, according to people familiar with the matter.
PETRONAS
European oil firms leaving US counterparts behind in energy transition race, CMS report says
European and Chinese oil and gas firms are well ahead of US rivals in the energy transition race, new research has found.
Australia leads in bumper year for Asia Pacific FIDs
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Egypt signs off on exploration commitments
Egypt has signed deals with four companies for exploration in the Western Desert and Mediterranean Sea.
Shearwater wins Gambian work for FAR
Australia’s FAR has awarded a contract to acquire 3D seismic in The Gambia to Shearwater GeoServices.
Offshore seismic on the up
Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.
ExxonMobil, Chevron line up Egyptian entries
Egypt has licensed a number of areas, including the award of around 7,000 square km to ExxonMobil in the offshore.
Southeast Asia braces for huge wave of decommissioning
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
EnQuest awarded Malaysian oil block with Petronas
Oil firm Enquest has announced the award of a production block off the coast of Malaysia.
CNOOC signs up to Gabon work
China’s CNOOC Ltd has signed up to explore two blocks in Gabon, the 11th contract signed since the country brought in its new hydrocarbon code.
Technology and tribulations in Sudan
Sudan has undergone a tumultuous 10 years, from the loss of much of its oil production with the breaking away of South Sudan, to the recent and dramatic change of government.
South Sudan plans licence round
South Sudan plans to offer 13 blocks under a licence round to be launched in the first quarter of 2020, moving away from the previous preference for direct negotiations.
Gabon dishes out exploration work
Gabon has signed a number of new exploration licences, while also extending production licences.
Engen’s IPO plans amid South African pressure
Plans are afoot for an initial public offering (IPO) of South Africa’s Engen, which might provide a rare bright spot in the country’s institutional outlook.
Petronas signs up LNG bunkering with Avenir
Petronas has chartered an LNG bunkering vessel in Malaysia, under a deal with Avenir LNG.
Expro wins £16m decommissioning work for Petronas
UK oilfield services firm Expro has been awarded a £16million contract to help decommission an offshore field for Malaysian operator Petronas.
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.
20 energy majors to grace inaugural Energy Exports Conference
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
Shell LNG deal could mean ‘mega-projects are back’, Woodmac says
Shell's decision to sanction a£23 billion Canadian LNG project could signal the return of "mega-projects", an analyst has said.
Petronas swoops for 25% of Canada LNG project
Malaysian oil firm Petronas will snap up a 25% stake in an LNG project in Canada.
Shell completes sale of North Sabah interest
Shell has completed the sale of its 50% working interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (PSC) to Malaysia’s Hibiscus Petroleum.
Petronas takes stake in FAR’s Gambian offshore licenses
Petronas has entered into an agreement to acquire a 40% stake in FAR’s A2 and A5 offshore licenses in Gambia, West Africa.
Petronas eyes Indian LNG terminal
Malaysia's Petronas is eyeing a stake in Indian Oil Corp's Ennore liquefied natural gas terminal, a news report said.
Petronas deals fresh blow as world exits Canada’s energy patch
Petronas’ decision to back out of a giant gas-export project on Canada’s Pacific Coast is the latest hit to the country’s energy sector -- and to Prime Minister Justin Trudeau’s plan of balancing energy exports and climate action.
Petronas cuts short 225 helicopter contract
Petronas' upstream unit has cancelled a contract with MHS Aviation for helicopter services involving EC 225 aircraft.