Recent Articles

PETRONAS Awards SK410B PSC Offshore Malaysia to PTTEP-led JV
Friday, July 22, 2016 PETRONAS awards the SK410B Production Sharing Contract offshore Malaysia to a joint venture comprising Thailand's PTTEP, KUFPEC and PETRONAS Cargali.
PETRONAS Appoints Vestigo Operator of Malaysia's Berantai RSC
Thursday, July 21, 2016 PETRONAS appoints subsidiary Vestigo as the new operator of the Berantai gas field offshore Terangganu, Malaysia after the cessation of the Berantai Risk Service Contract (RSC) with the previous contractors.
PETRONAS Reaches Deal with SapuraKencana, Petrofac for Berantai
Monday, July 11, 2016 PETRONAS reaches deal with SapuraKencana and Petrofac for the cessation of the Berantai Risk Service Contract located offshore Terangganu, Malaysia.
PETRONAS LNG Bid Faces 90-Day Wait As Clock Ticks For Trudeau
Tuesday, June 28, 2016 A three-month clock has just started ticking for Canadian Prime Minister Justin Trudeau to decide whether to allow Malaysia's Petroliam Nasional Bhd to build an ambitious liquefied natural gas project.
SapuraKencana Secures $125M of Drilling, Engineering & Construction Deals
Tuesday, June 28, 2016 SapuraKencana Petroleum secures $125 million of drilling as well as engineering and construction contracts and contract extensions in Malaysia, Australia and Trinidad and Tobagao.
SapuraKencana Inks Deal to Sell Gas from Malaysia's B15 Field to PETRONAS
Monday, June 27, 2016 SapuraKencana Energy inks agreement to sell gas to PETRONAS from its B15 field in SK310 Production Sharing Contract offshore East Malaysia.
Maintenance At Malaysia-Vietnam Oilfield To Cut Aug Bunga Crude Exports
Thursday, June 23, 2016 A scheduled oilfield maintenance in the joint production area of Malaysia and Vietnam will reduce Bunga crude exports in August.
Pakistan Seeks to Import More LNG to Address Supply Shortage
Thursday, June 16, 2016 Pakistan commences talks with some liquefied natural gas sellers seeking to import a greater quantity of the fuel to address the supply deficit in the country.
Shell Sees Malikai Project in Malaysia as Boosting Deepwater Ambitions
Tuesday, June 14, 2016 Shell-operated Malikai deepwater project offshore Malaysia supports the company's aims of staying at the forefront of the global deepwater industry.
Russell: No New Australian LNG Projects Doesn't Mean No New LNG
Thursday, June 09, 2016 Conventional wisdom in the liquefied natural gas (LNG) sector is that no new projects will be built for several years, given the vast cost can't be reconciled with the current low prices.
Malaysia's Most Battered Oil And Gas Stock Eyes Foreign Tie-Up
Friday, June 03, 2016 Malaysia's UMW Oil & Gas Corp. is teaming up with foreign partners for the first time to venture outside of Asia and predicts the slowdown that forced the company to idle most of its drilling rigs may be ending.
PETRONAS Sells 10% Stake in Liquefaction Train in Sarawak to JX Nippon
Friday, June 03, 2016 PETRONAS and JX Nippon Oil & Energy sign agreement for the sale and purchase of a 10 percent stake in PETRONAS LNG 9, which owns the ninth liquefied natural gas liquefaction train in Bintulu, Sarawak, Malaysia.
Alam Maritim Bags $6.8M PETRONAS' Subcontract for PFLNG1 Facility
Thursday, June 02, 2016 Alam Maritim bags $6.8 million subcontract from PETRONAS FLNG1 for the PFLNG1 facility to be deployed offshore East Malaysia.
UMW O&G Bags Contract from PETRONAS Carigali for UMW Naga 6
Wednesday, June 01, 2016 Malaysia's PETRONAS Carigali awards a two year drilling contract to UMW Offshore Drilling for the provision of jackup UMW NAGA 6.
SapuraKencana Energy Make Gas Discovery in SK408 PSC Offshore Sarawak
Tuesday, May 31, 2016 SapuraKencana Energy makes gas discovery in SK408 Production Sharing Contract offshore Sarawak, Malaysia.
Santos Commences First Production from GLNG Train 2 on Curtis Island
Thursday, May 26, 2016 Santos starts liquefied natural gas production from GLNG Train 2 on Curtis Island, Queensland, Australia.
PETRONAS Extends Contract to Supply LNG to China's JOVO Group
Thursday, May 26, 2016 PETRONAS extends a contract to supply liquefied natural gas to China's JOVO Group to at least 2023.
PETRONAS Denies Plans to Sell Upstream Assets to Russian Party
Wednesday, May 25, 2016 PETRONAS denies plans to sell upstream oil and gas assets to Russian party.
Malaysia's DNeX Oilfield Receives LOA from PETRONAS Carigali
Friday, May 20, 2016 Malaysia's DNeX Oilfield Services receives a letter of award from PETRONAS Carigali for oilfield services.
PETRONAS' 1Q 2016 Profit After Tax Falls 60% YOY to $1.1B
Thursday, May 19, 2016 Malaysian national oil company PETRONAS posts $1.1 billion in profit after tax for first quarter 2016, down 60 percent from $2.8 billion recorded in the same period last year.