Malaysia
News
February 15, 2023
The 10 exploration blocks on offer are within the producing Malay, Sabah and Sarawak basins as well as the newly opened Penyu basin. These blocks cover various geological play settings with sizeable prospects to be explored.
News
January 27, 2023
The deals state that both companies will define the maturation of technical scopes for the CCS value chain. They will jointly evaluate previously identified fields for CO2 storage utilization while developing a commercial framework.
News
January 18, 2023
The Meranti Cluster, located offshore Peninsular Malaysia, was awarded to Ping Petroleum, which is in partnership with Duta Marine Sdn Bhd. All three PSCs were awarded under the Small Field Asset terms introduced in 2020.
News
December 21, 2022
The two companies signed a letter of agreement to extend the Block PM 307 Production Sharing Contract covering the Bertam Field, offshore Peninsular Malaysia from Aug. 15, 2025, to Aug. 14, 2035.
News
December 13, 2022
Sarawak Shell Berhad, a subsidiary of Shell Plc, has agreed to sell its stake in two offshore production-sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production.
News
September 21, 2022
Mubadala Energy confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia.
News
September 06, 2022
Sarawak Shell Berhad, together with PETRONAS Carigali Sdn Bhd, has taken a final investment decision to develop the Rosmari-Marjoram gas project. Gas production is expected to start in 2026.
News
June 01, 2022
This achievement further establishes the company as a strategic player in the international energy sector and marks a 22% increase in production from 2021.
News
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
News
December 06, 2019
Petrofac is weighing a sale of its Malaysian assets for about $300 million, according to people with knowledge of the matter.
News
October 09, 2019
Exxon Mobil is considering a sale of its offshore Malaysia upstream assets as part of U.S. energy giant’s divestiture program, according to people with knowledge of the matter.
News
August 30, 2019
Fugro has successfully completed the second of three Malaysian seep hunting and geochemical campaigns for Petronas.
News
January 02, 2018
International Petroleum Corp. has provided corporate updates on the previously announced acquisition in Canada and on activities in Malaysia.
News
April 11, 2017
In addition to shareholder approval, Lundin Petroleum received the regulatory consents and approvals to complete the internal reorganization of the Lundin Petroleum Group to spin-off its assets in Malaysia, France and the Netherlands into IPC. The reorganization was completed on April 7, 2017.
News
March 01, 2017
Saudi Arabian Oil Co expanded its ownership of refineries and petrochemical plants in Indonesia and Malaysia with investments totaling $13 billion as it prepares for what may be the biggest ever initial public offering by bulking up its business in Asia, its largest market.
News
February 13, 2017
The multi-client FTG Program includes airborne 3D Full Tensor Gradiometry (FTG) and magnetic survey data that will be undertaken over offshore Peninsular Malaysia, Sarawak and Sabah.
News
ICON Engineering and ENRA Group form JV for Asian wellhead platforms, marginal facility developments
February 06, 2017
ICON Engineering Pty Ltd, headquartered in Perth, and Malaysian-based ENRA Group Berhad have announced the formation of a jointly owned incorporated Joint Venture, ENRA ICON Sdn Bhd, based in Kuala Lumpur, to target undeveloped Asian oil and gas fields using ICON’s range of minimal facility, wellhead platforms and self-installing production facilities.
News
January 31, 2017
Wood Group has been awarded a five-year contract with Hess Exploration & Production Malaysia.
News
January 11, 2017
Proserv and SapuraKencana Technology Sdn Bhd (SK Technology), a wholly owned subsidiary of SapuraKencana Petroleum Berhad, are joining forces to provide enhanced technology services to clients in Asia Pacific.
News
January 03, 2017
PETRONAS’ first floating liquefied natural gas facility, PFLNG SATU moored by SOFEC, Inc.’s external turret has achieved an industry breakthrough with the successful production of its first drop of LNG from Kanowit gas field, offshore Sarawak on Dec. 5, 2016.
News
November 11, 2015
The Organization of Petroleum Exporting Countries is considering raising its official production target at its next meeting on Dec. 4 to take into account new member Indonesia, according to two OPEC delegates.
