Petronas plans clean energy business unit in global shuffle
Malaysia’s national oil company Petronas is setting up a business unit focusing on clean energy solutions as part of a global operational shuffle.
PETRONAS
Opportunities abound as Asia Pacific set for $4 billion subsea spend in 2022
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Petronas teams up with Mitsui O.S.K. Lines for liquified CO2 shipping
Petronas and global shipping company Mitsui O.S.K. Lines (MOL) will jointly explore opportunities in liquefied carbon dioxide (CO2) transportation for the carbon capture, utilisation and storage (CCUS) value chain in Asia Pacific.
Petronas teams up with Shell and JAPEX to pursue CCS in Malaysia
Petronas and Japan Petroleum Exploration (JAPEX) will collaborate on carbon capture and storage (CCS) opportunities in Malaysia as the nation aims to become a CCS hub for Southeast Asia. As part of a separate agreement, Petronas is also exploring and studying CCS solutions with Shell (LSE:RDSA).
Petronas opens Malaysia bid round with vast amounts of data available
Malaysia’s Petronas is seeking investors for 14 exploration blocks, six clusters of discovered resource opportunities and one cluster of late life assets in its Malaysia Bid Round 2022 (MBR 2022). Significantly, Petronas is making vast amounts of data available to potential investors.
Maersk Drilling lands $32 million contract extensions off Malaysia
Maersk Drilling has landed $32 million worth of contract extensions off Malaysia.
BP and Rosneft only oil explorers to deliver 1billion+ barrels in 2021
BP and Rosneft were the only companies to deliver more than a billion net barrels of oil equivalent through exploration last year, according to new research.
Petronas strikes third gas discovery at Balingian off Sarawak
Petronas Carigali, the upstream subsidiary of Malaysian national oil company (NOC) Petronas, has made a gas discovery at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow waters of Balingian province about 170 kilometres northwest off the coast of Sarawak, Malaysia.
Petronas and Sabah launch gas masterplan
Malaysia’s Petronas and the Sabah State Government on Tuesday launched the Sabah gas masterplan that serves as a reference for both parties in guiding the way forward for the further development of natural gas in the Malaysian state.
Rocket attack on Chinese oil firm servicing Petronas in Iraq
A rocket and gunfire attack targeted the premises of a Chinese oil services company servicing the Petronas-operated Al-Gharraf oilfield in southern Iraq. China’s Zongman Petroleum and Natural Gas Group (ZPEC) escaped damage and there were no casualties, officials said.
Malaysia’s Petronas awards six upstream exploration blocks
Malaysia’s Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.
POSCO and Petronas team up for CCS in Malaysia
Malaysian state energy company Petronas and South Korea’s POSCO International will jointly explore opportunities in carbon capture and storage (CCS) technologies, as well as carbon dioxide (CO2) storage solutions in Malaysia. Significantly, Petronas wants to establish Malaysia as the leading hub for CCS in the Asia region.
Petrobras and friends clean up in multi-billion Santos Basin sale
Brazil has handed out rights to its Atapu and Sépia pre-salt fields to Petrobras and international partners.
Repsol and Petronas delay Andaman wildcat drilling
Spain’s Repsol (BME:REP) is again delaying the drilling of the much anticipated Rencong-1X deep-water wildcat exploration well in the Andaman III Block in the North Sumatra basin offshore Indonesia.
Savannah doubles down in Chad, adds Petronas to Exxon deal
Savannah Energy has formalised its purchase plans in Chad, striking a $626 million deal with ExxonMobil and Petronas.
BP, SOCAR target Petronas’ stake in Shah Deniz
BP and Azerbaijan’s state-owned SOCAR have pre-empted a sale of equity in the Shah Deniz field to Russia’s Lukoil.
JGC confirms Petronas FLNG deal
Japan’s JGC has confirmed that together with Samsung Heavy Industries (SHI), that it has been awarded the front end engineering design (FEED) contract for a nearshore floating liquefied natural gas (FLNG) facility in Malaysia developed by Petronas.
Petronas advances giant Kasawari CCS project as FEED competition heats up
Petronas’ giant Kasawari carbon capture and storage (CCS) project, which the company describes as one of the largest in the world, is progressing towards a final investment approval in 2022 after the Malaysian energy company invited bids for front-end engineering and design (FEED) contracts.
Petronas confirms FEED awards for third FLNG facility
Malaysian state energy company Petronas has confirmed the award of two front-end engineering design (FEED) contracts, to a JGC-Samsung Heavy Industries consortium and to Saipem, as part of an international dual FEED design competition for its nearshore floating liquefied natural gas (FLNG) project in Sabah in Malaysia.
PTTEP and Petronas score another gas find offshore Sarawak with wildcat
Thailand’s PTT Exploration & Production (PTTEP) (BKK:PTTEP) has struck a second gas discovery in Baram province in Block SK417 in shallow waters about 180 kms off the coast of the Malaysian state of Sarawak.
Petronas closer to final investment on third FLNG after awarding FEED deals
Malaysia’s state-owned energy company Petronas is preparing to take a final investment decision (FID) on its third multi-billion dollar floating liquefied natural gas (FLNG) unit after awarding front-end engineering and design (FEED) contracts. The new-build floater project, dubbed ZLNG, will help solve challenges commercialising gas offshore Sabah in Malaysia.
Petronas explores exports of ‘carbon neutral methane’ to Japan
Malaysia’s Petronas, along with Japanese companies Sumitomo and Tokyo Gas, will carry out a feasibility study to establish a supply chain of ‘carbon neutral methane’ to Japan.
Petronas hooks up with Baker Hughes for energy transition tech
State-backed Malaysian energy company Petronas has signed a pact with Baker Hughes to collaborate on technological developments supporting the energy transition.
Petronas teams up with ExxonMobil, Technip Energies, for CCS
State-backed Malaysian energy company Petronas will jointly explore opportunities in carbon capture and storage (CCS) technologies with ExxonMobil (NYSE:XOM), to help decarbonise Malaysia’s upstream industry and provide storage solutions for Asia.
FAR spuds well offshore Gambia
Australia’s FAR has begun drilling the Bambo-1 exploration well, offshore The Gambia.