Petronas Celebrates 100 PSCs in Malaysia with Award of Block PM322
Thursday, December 12, 2013 Petronas announces that Malaysia now has 100 production sharing contracts following the award of Block PM322 in the Straits of Malacca to Salamander Energy.
Petronas, Brunei Petroleum Authorities Inks Cooperation Agreements
Tuesday, December 10, 2013 Petronas and Brunei petroleum authorities ink several oil and gas cooperation agreements.
Petroleum Brunei to Buy 3% Stake in Petronas' Canadian Shale Assets
Monday, December 09, 2013 Petroleum Brunei will buy a 3% stake in Malaysian state firm Petronas' shale gas assets in Canada for an undisclosed sum.
Samsung Engineering Inks $770M Deal to Build Gas Terminal in Terengganu
Thursday, December 05, 2013 Samsung Engineering signs a $770 million contract with Petronas Carigali and Hess Exploration and Production Malaysia to build the Terengganu Gas Terminal Development Project in Malaysia.
Former Malaysia PM Mahathir Quits as Petronas Adviser
Monday, December 02, 2013 Former Malaysian PM Mahathi Mohamad quits as an adviser to state-run oil company Petronas.
Brazil's OGX Considers Legal Steps After Petronas Rescinds $850M Deal
Tuesday, November 19, 2013 OGX, the Brazilian oil producer that filed for bankruptcy protection, is reviewing legal options after Petronas canceled its agreed purchase of a stake in two OGX oil blocks.
Malaysia's Petronas Awards $3.1B in Offshore Jobs to Local Firms
Friday, November 15, 2013 Malaysian state oil company Petronas awards $3.1 billion, five-tear services contract to six local companies.
BCP Commences Extended Well Testing Program on Balai-2 Well off Sarawak
Tuesday, November 12, 2013 ROC Oil announces that BC Petroleum has commenced a program of extended well testing on Balai-2 well in the Balai Cluster Risk Sharing Contract offshore Sarawak, Malaysia.
Petronas' 3Q 2013 Net Profit Rises More Than 19% to $5.37B
Tuesday, November 12, 2013 Petronas' net profit rises 19.5 percent in the July-September quarter to $5.37 billion, compared to $4.49 billion in the same period last year.
Petronas Nears Deal to Sell Canada Shale Stake to Indian Co
Tuesday, November 12, 2013 Petronas is close to selling a stake in its Canadian shale gas assets to an Indian company as it looks to share some of the costs of bringing cheap liquefied natural gas from North America to energy-hungry Asia.
First Oil Commences at Balai Field in Balai Cluster RSC offshore Sarawak
Monday, November 11, 2013 Petronas announces the commencement of first oil from the Balai field in the Balai Cluster Risk Service Contract area offshore Sarawak, Malaysia.
OGX Says $850M Petronas Deal May End Up in Arbitration
Friday, November 01, 2013 OGX, the beleaguered Brazilian oil company controlled by former billionaire Eike Batista, says it expects to end up in arbitration over a deal struck with Malaysian state oil company Petronas.
UMW Oil in Strong Debut, Petronas Goodwill Makes for Rosy Outlook
Friday, November 01, 2013 Malaysia's UMW Oil & Gas Corp climbs as much as 11 percent in its market debut, as investors bank on the company's close ties with state oil firm Petroliam Nasional Bhd (Petronas) to provide it with a steady stream of revenue for years to come.
Petronas Reports Gas Finds in Malaysia, Indonesia and Australia
Thursday, October 31, 2013 Petronas reports on new gas discoveries in its upstream ventures in Malaysia, Indonesia and Australia.
Baker Hughes Awarded Long-term Contract with PETRONAS Carigali
Wednesday, October 23, 2013 Baker Hughes announces that PETRONAS has entered into a long-term Oilfield Service Agreement with the company.
Brazil Gears Up for Big Oil Auction Amid Heavy Security
Monday, October 21, 2013 Brazil gears sell production rights to its largest-ever oil discovery in a landmark auction that sparked widespread nationalist protests even though most of the world's premier energy companies opted to stay away.
Ministry: Myanmar Awards Contracts for 16 Onshore Blocks
Friday, October 11, 2013 Eni, ONGC Videsh and Petronas are among the winners of contracts for 16 onshore energy blocks in Myanmar, an energy ministry official says.
Lundin Gets Bertam FDP Approval from Petronas
Thursday, October 10, 2013 Lundin Petroleum gets approval for its Bertam field development plan from Petronas.
Malaysia's Petronas to Spend $35B on Canadian LNG Project
Monday, October 07, 2013 Petronas plans to spend $35 billion to develop shale gas assets in Canada and build a LNG export terminal linking the country to energy hungry Asian markets, company officials said.
Technip Receives EPCIC Contract for Block SK316 Gas Project
Monday, October 07, 2013 Technip receives confirmation from Petronas Carigali for an engineering, procurement, construction, installation and commissioning contract for the SK316 gas project off Sarawak, Malaysia.