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Petronas
Recent Articles
Petronas to Buy Stakes Offshore Brazil from OGX at $850M
Wednesday, May 08, 2013 Petronas is the latest Asian state-owned oil company to snap up significant stakes in overseas oil-and-gas assets.
Brazil's OGX Close to Sale Of Oil Field Stake to Petronas
Monday, May 06, 2013 OGX could announce as soon as Tuesday the sale of a 40% stake in the Tubarao Martelo oil field for around $850 million to Petronas.
Cendor Has 16 Times More Oil Than Previously Thought
Thursday, May 02, 2013 Petronas reports that its Cendor field contains more than 16 times the oil originally estimated in 2011.
Petronas Denies Signing Pact for Brazil Oil Rights
Wednesday, April 17, 2013 Malaysia's Petronas says that it has not signed any pact with Brazil's OGX to purchase rights in a Brazilian oil block, contrary to media speculation.
Petronas Staff Awarded One-Off Bonus
Tuesday, April 02, 2013 Malaysia's prime minister has told 40,000 Petronas employees that they will received a one-off bonus of $324 each.
Monday, March 11, 2013 ExxonMobil starts gas production from its Telok gas field, offshore Malaysia.
Lundin Strikes Oil Offshore Malaysia
Monday, March 11, 2013 Lundin Petroleum has discovered oil in the Ara-1 well offshore Peninsular Malaysia.
Petronas Sees Tough 2013
Thursday, March 07, 2013 Malaysia's Petroliam Nasional reports a more than halving of 4Q 2012 net profit as it warns 2013 will likely be a tough year amid weak demand.
Japex to Buy 10% of Petronas Canada LNG Project
Monday, March 04, 2013 Japan Petroleum Exploration Co. agrees with Petronas to buy 10% of a Canada liquefied natural gas venture and shale gas project controlled by the Malaysian state-owned energy company.
Songa Enters into Rig Contract Extension with Mubadala
Friday, March 01, 2013 Songa Offshore says it has made a contract extension deal with Mubadala Petroleum from a current contract with Petronas for its Songa Venus rig.
Tuesday, February 26, 2013 Malaysia seeks to attract a large number of highly-skilled workers amid ambitious plans laid out by the country's government to develop its oil and gas sector.
Fastnet Secures Deep Kinsale Farm-In Option
Thursday, February 21, 2013 Fasnet Oil & Gas secures an option to farm into up to 60 percent of the Deep Kinsale prospect, offshore Ireland in the Celtic Sea.
Samsung Engineering Bags $879M EPC Contract in Iraq
Wednesday, February 06, 2013 Samsung Engineering secures a contract, worth $879 million, from Gazprom Neft to construct gas processing facilities in Badra, Iraq.
Monday, February 04, 2013 Shell Malaysia, Petronas Carigali and ConocoPhillips Sabah agree on a final investment decision to develop the deepwater Malikai oil field offshore Sabah.
Petronas Makes $2.8B Buyout Offer to LNG Shipper MISC
Friday, February 01, 2013 Petronas has made a $2.8 billion (RM8.7 billion) offer to buy out other shareholders in liquefied natural gas shipping unit MISC and delist it.
ROC Spuds Balai RSC Exploration Well Offshore East Malaysia
Friday, February 01, 2013 ROC spuds the Spaoh-2 exploration well on the Balai Cluster Risk Service Contract offshore East Malaysia.
Petronas Drops Offshore Tembikai, Chenang RSC Award
Friday, January 25, 2013 Petronas has decided not to proceed with the award of the Small Field Risk Service Contract (RSC) for the Tembikai and Chenang Cluster.
Friday, January 25, 2013 Talisman Energy is preparing to cut its workforce as it works to substantially reduce office costs amid a broader push toward better profitability.
E&Y: 2012 'Record Year' for O&G Deals
Thursday, January 24, 2013 The oil and gas sector has remained one of the most active global sectors for mergers and acquisitions, according to Ernst & Young's Global oil and gas transactions review.
Friday, January 18, 2013 Petronas starts 2013 with new oil and gas discoveries in the Adong Kecil West-1 well, onshore Sarawak.
