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Petronas

Recent Articles

JGC Bags $510M EPCC Contract for Petronas' LNG Complex in Bintulu
Monday, January 26, 2015 JGC bags $510 million engineering, procurement, construction and commissioning contract for Petronas' LNG Complex in Bintulu, Sarawak, Malaysia.
Petronas Says NST's Job Cuts Article is 'Misreported and Inaccurate'
Tuesday, January 20, 2015 Petronas clarifies that a local newspaper article saying that the firm plans to reduce its workforce by around 10 percent was "misreported and inaccurate."
Petronas Carigali Awards $14M Contract to Uzma Engineering
Monday, January 19, 2015 Uzma Engineering clinches $14.05 million contract to provide through tubing downhole tools and services to Petronas Carigali.
McDermott Completes Kepodang Platform Installation Offshore Indonesia
Monday, January 12, 2015 McDermott completes platform installation at the Kepodang gas field in Muriah working area offshore Indonesia for Petronas.
Sources: Petronas May Slash Domestic Investment 30% as Crude Slumps
Thursday, January 08, 2015 Petronas may slash capital expenditure even more than it has signalled because the continuing rout in oil prices has hurt revenue, with domestic spending facing cuts of about 30 percent, sources say.
Skilled Oil, Gas Workers Needed by Petronas if BC LNG Terminal Approved
Tuesday, December 16, 2014 Several hundred workers will likely be needed to help construct an LNG terminal for Petronas if the project is approved by Pacific Northwest LNG.
Petronas to Boost Training Enrollment at Instep, Unfazed by Oil Prices
Friday, December 12, 2014 Falling oil prices have no impact on plans by Petronas' Instep training center to increase student in-take.
Malaysia's Petronas Says Open to Selling Assets in Africa
Thursday, December 11, 2014 Petronas says it is ready to divest certain assets in Africa if growth prospects are limited.
Argentina Says Inks $550M Shale Exploration Deal With Petronas
Wednesday, December 10, 2014 YPF has ratified a preliminary $550 million deal with Malaysia's Petronas to explore for oil in the South American country's Vaca Muerta shale formation, YPF said in a statement.
Octanex Gets Funds from SIP for Joint Investment in Southeast Asia Projects
Tuesday, December 09, 2014 Octanex secures funding from Sabah International Petroleum to jointly pursue upstream projects in Malaysia, Indonesia and the Philippines.
Petronas Delays Go-Ahead for Canadian LNG Project, Cites Costs
Thursday, December 04, 2014 Petronas delays giving the final go-ahead for its planned investment in a $11 billion liquefied natural gas export terminal in British Columbia, citing high costs and other outstanding issue.
Petronas Posts 3Q 2014 Net Profit of $4.39B, Down 12% YOY
Monday, December 01, 2014 Malaysia's Petronas posts a 12 percent decline in net profit to $4.39 billion for the third quarter of 2014, while revenue falls 1 percent to $23.4 billion.
British Columbia Approves Petronas LNG Project, Two Gas Pipelines
Wednesday, November 26, 2014 British Columbia has approved a liquefied natural gas export terminal being developed by Petronas, along with two pipelines to service the province's fledging LNG industry, the province's Ministry of Environment says.
SapuraKencana Acquires Petronas' Stakes in 3 Blocks off Vietnam for $400M
Friday, November 21, 2014 SapuraKencana Petroleum ventures into Vietnam with the acquisition of three offshore blocks from Petronas for $400 million.
Petronas Awards 2 Exploration Blocks in Sabah to SapuraKencana-Led JV
Friday, November 21, 2014 Petronas awards onshore Blocks SB331 and SB332 in Sabah, east Malaysia to the successful bidding consortium comprising SapuraKencana, M3nergy and Petronas Carigali.
Shell, Petronas Carigali to Develop E6 Field Offshore Sarawak
Thursday, November 20, 2014 Shell and Petronas Carigali proceed with the development of E6 field in SK308 Production Sharing Contract, offshore Sawarak, Malaysia.
GE Oil & Gas to Supply Turbomachinery for Petronas' Second FLNG Facility
Thursday, November 13, 2014 GE Oil & Gas lands contract to supply Petronas with turbomachinery for second floating liquefied natural gas facility to be deployed offshore East Malaysia.
First Gas Flows from Kebabangan Field Offshore Sabah, Malaysia
Thursday, November 13, 2014 ConocoPhillips announces the commencement of gas production from the Kebabangan field offshore Sabah, Malaysia.
Santos GLNG Installs Final Module for LNG Train on Curtis Island
Friday, November 07, 2014 Santos GLNG installs the final module on its two liquefied natural gas processing trains for the gas liquefaction plant on Curtis Island, near Gladstone, Australia.
Technip Secures 5-Year Flexible Pipe Framework Deal with Petronas Carigali
Thursday, November 06, 2014 Technip secures a 5-year flexible pipe framework agreement with Petronas Carigali for the latter's projects in Malaysia.