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Recent Articles

Argentina's YPF Reaches Deal With Petronas To Develop Shale Oil
Thursday, August 28, 2014 YPF reaches a deal worth $550 million with Petronas to develop shale oil in the vast Vaca Muerta formation.
Shell Makes Gas Find at Marjoram-1 Well in Block SK318 Offshore Sarawak
Tuesday, August 26, 2014 Shell makes a gas discovery at Marjoram-1 exploration well in deepwater Block SK318, offshore Sarawak, Malaysia.
Qinterra Lands $20M Deal to Support Petronas Carigali's Malaysia Operations
Friday, August 22, 2014 Qinterra Technologies lands a contract, worth up to $20 million, to support Petronas Carigali's operations in Malaysia.
Spain's Tecnicas Reunidas Wins $1.5B Contract in Malaysia
Monday, August 18, 2014 Spanish oil engineering firm Tecnicas Reunidas wins a $1.5-billion turnkey contract in Malaysia.
Petronas Signs PSC for Offshore Block F14 in Southern Gabon
Friday, August 15, 2014 Petronas signs a production sharing contract for Block F14 offshore southern Gabon.
Fastnet Improves Farm-in Options for its Deep Kinsale Prospect
Thursday, August 14, 2014 Irish explorer Fastnet Oil & Gas extends its option agreement with a Petronas subsidiary to farm into its Deep Kinsale Prospect, offshore Ireland.
Petronas 2Q Net Profit Jumps 38% On Output Gains, Higher Demand
Wednesday, August 13, 2014 Malaysia's Petronas sees 2Q net profit increase by 38%, driven by stronger oil production and sales of liquefied natural gas (LNG).
Petronas Funds Underwater Search Equipment, Support Vessel for MH 370
Monday, August 04, 2014 Petronas continues to provide technical support and funding for the search-and-recovery operations for the missing Malaysian Airlines flight MH 370.
PETRONAS Wins Asia's Best Employer Brand Award
Friday, August 01, 2014 Malaysia's PETRONAS wins the fifth Asia's Best Employer Brand Awards 2014.
First Oil Commences at Bentara Field Offshore Sarawak
Wednesday, July 23, 2014 Petronas announces first oil commences at the Bentara field offshore Sarawak, Malaysia.
Malaysian-French Engineering for Petronas Projects
Friday, June 27, 2014 A Malaysian-French strategic partnership is taking on deepwater engineering challenges in Malaysia after it established a foothold in Turkmenistan with a shipyard in the Caspian Sea.
Mubdala Confirms Pegaga Gas Discovery in Block 320 Offshore Malaysia
Monday, June 23, 2014 Mubadala Petroleum confirms Pegaga discovery in Block 320 offshore Malaysia as a substantial gas find with significant commercial potential.
Petronas Demobilizes Employees in Iraq to Dubai Amid Security Concerns
Thursday, June 19, 2014 Petronas demobilizes employees in Iraq to Dubai amid the current security situation in the country.
West Prospero Drills Tembakau-2 Appraisal Well in PM307 Offshore Malaysia
Thursday, June 19, 2014 Lundin Petroleum commences drilling at Tembakau-2 appraisal well in Block PM307, offshore Malaysia with the jackup West Prospero.
EnQuest to Buy ExxonMobil's Stakes in 2 Producing Assets Offshore Malaysia
Friday, June 13, 2014 EnQuest inks agreement to acquire ExxonMobil's interests in Seligi oil field and PM8 production sharing contract offshore Peninsular Malaysia for $67 million.
PETRONAS Widens Talent Search, Offers Overseas Graduates Sponsorships
Friday, June 06, 2014 PETRONAS widens the search for global talent by sponsoring overseas graduates to enroll at its Universiti Teknologi Petronas and providing them employment upon graduation.
Roc Oil to Farmout 20% Stake in PSC for D35, D21, J4 Fields to Dialog
Friday, May 30, 2014 Roc Oil agrees to farm-out a 20 percent stake in the production sharing contract for D35, D21 and J4 fields offshore eastern Malaysia to Dialog Resources.
Petronas Says Canada Gas Stocks Halfway to Goal for LNG Investment
Thursday, May 22, 2014 Petronas has proven up about half of the 15 trillion cubic feet target for Canadian gas reserves it needs to make a final investment decision on its $32.9 billion natural gas export project, CEO Shamsul Azhar Abbas says.
Petronas Carigali Charters Perisai Pacific 101 Jackup for $158M
Wednesday, May 14, 2014 Perisai Petroleum Tecknologi discloses that Petronas Carigali has contracted newbuild Perisai Pacific 101 jackup for $158 million under a three year deal.
Petronas in Talks on Further Canada LNG Stake Sale, 1Q Profit Dips
Wednesday, May 14, 2014 Malaysia's Petronas is in talks to sell a 10-12 percent stake in its planned $11 billion Canadian liquefied natural gas terminal.