PETRONAS Company News

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Stena Drilling Secures West Africa Contract
FAR Gambia Ltd. has contracted the Stena IceMAX drillship for a one-well campaign later this year offshore The Gambia. PHOTO SOURCE: Stena Drilling
8:00 PM EST | June 17, 2021
Offshore Gabon Contract Goes to Maersk Drilling
PCGUSA has awarded Maersk Drilling an ultra-deepwater exploration contract in Gabon. PHOTO SOURCE: Maersk Drilling
8:00 PM EST | April 18, 2021
Petronas Awards Well Intervention Contract
Welltec has won a long-term intervention contract from Petronas.
8:00 PM EST | April 13, 2021
Petronas Unit Awards Celtic Sea Decom Contract
A unit of Petronas has awarded HydraWell a multi-year contract to support a decommissioning project. PHOTO SOURCE: HydraWell
8:00 PM EST | March 31, 2021
Headwinds Remain for Malaysia's Natural Gas Ambitions
Malaysia aims to consume more natural gas domestically and increase its LNG exports.
8:00 PM EST | March 14, 2021
Petronas Taps TechnipFMC Unit for Deepwater Project
PETRONAS Carigali has awarded a deepwater development contract to FMC Wellhead Equipment.
7:00 PM EST | February 22, 2021
Transocean Wins Drilling Contracts
Transocean has garnered several new drilling contracts and contract extensions during the past quarter.
7:00 PM EST | February 16, 2021
Pierce to Succeed Crothers at Shell Canada
Shell Canada President and Country Chair Michael Crothers plans to retire in 2021 after a 33-year career with Shell.
7:00 PM EST | December 16, 2020
Suriname Drilling Pays Off for Petronas and Exxon
PETRONAS Suriname E&P B.V. (PSEPBV) has made its first hydrocarbon discovery in Suriname, Petronas reported Friday.
7:00 PM EST | December 10, 2020
Offshore Ireland Decom Campaign Starts for Petronas Unit
AGR has begun decommissioning operations of Ireland's first indigenous gas wells for PETRONAS subsidiary PSE Kinsale Energy.
7:00 PM EST | November 17, 2020
BP Produces First Gas from Oman Field with OQ and Petronas
BP reported Monday that it has begun production from the Ghazeer field in the Omani desert ahead of schedule.
8:00 PM EST | October 12, 2020
Repsol Selects Drilling Contractor for Mexico Campaign
Stena Drilling has signed a new contract with Repsol and others to provide a drillship for a 2021 offshore Mexico drilling campaign.
8:00 PM EST | September 21, 2020
Petronas to Test New Subsea Pump
PETRONAS and FASTsubsea have signed a contract to develop and test a low-cost, topside-less subsea multiphase pump. IMAGE SOURCE: Aker Solutions
8:00 PM EST | August 11, 2020
Offshore Malaysia Project Marks Industry Firsts
Above is a photo from the offshore Malaysia subsea pipelay operation. PHOTO SOURCE Cortez Subsea
8:00 PM EST | July 21, 2020
Maersk Drilling Wins Suriname Contract from Petronas
The Maersk Developer, above, will be Maersk Drilling’s first rig to operate offshore Suriname. PHOTO SOURCE: Maersk Drilling
8:00 PM EST | July 01, 2020
Siemens Lands Contract Work for Petronas' Kasawari Gas Project
Once in production, the field will produce up to 900 million cubic feet per day of gas.
8:00 PM EST | June 03, 2020
Petronas, Exxon to Divest Stakes in Chad Project
The combined holdings of both oil companies could be worth over $1 billion.
8:00 PM EST | March 11, 2020
SapuraOMV Achieves First Gas from Larak Field Offshore Malaysia
SapuraOMV Upstream has achieved within budget first production from its Larak gas field offshore Malaysia under the SK408 Production Sharing Contract (PSC).
7:00 PM EST | January 12, 2020
The 2019 Downstream Countdown: 20 to 16
Here's a recap of the top downstream articles on Rigzone since Jan. 1, 2019, starting with numbers 20 through 16.
7:00 PM EST | December 22, 2019
Petronas Raises $1.4 Billion
The selldowns will rank among the biggest-ever block trades in Malaysia.
7:00 PM EST | December 08, 2019
Brazil Pre-Salt Block Goes to Total-Led Group
A consortium of Total, QP and Petronas has won the C-M-541 deep offshore license in Brazil's pre-salt Campos Basin.
8:00 PM EST | October 10, 2019
The Top 10 Ideal NOC Employers
Presenting the highest-scoring NOCs in Rigzone's 2019 Ideal Employer Survey!
8:00 PM EST | August 28, 2019
Argentinean LNG May Enjoy Geographic Advantage
Argentina's southern hemisphere location could lure Asian LNG buyers.
8:00 PM EST | June 16, 2019
Oil Explorers Forge Ahead in Mexico
Under government pressure that they're moving too slow, international oil companies are pushing ahead with deepwater development plans in Mexico.
8:00 PM EST | March 28, 2019
Repsol Makes Gas Discovery in Indonesia
Repsol S.A. has unlocked the largest gas discovery in Indonesia in 18 years.
7:00 PM EST | February 19, 2019
Petronas-Saudi RAPID Refinery To Receive First Oil Cargo By End-Sept
A supertanker carrying the first crude oil cargo for a refinery joint-venture project between Petronas and Saudi Aramco is expected to reach by September-end.
8:00 PM EST | September 12, 2018
Petronas Eyes South Sudan Oil Blocks
Petronas is interested in developing oil blocks in South Sudan, President Salva Kiir's office says.
8:00 PM EST | September 10, 2018
Sources: Aramco Plans To Ship First Crude Oil To Malaysia JV Refinery
Saudi Aramco plans to deliver the first crude oil cargo to its joint-refinery project with Petronas in Malaysia in October.
8:00 PM EST | September 03, 2018
Petronas Boosts Payout To Govt After Quarterly Profit Nearly Doubles
Petronas is looking to expand its core business portfolio and plans to pay the government a higher dividend than earlier promised, its CEO says.
8:00 PM EST | August 29, 2018
Sources: Saudi Aramco, Malaysia's Petronas Tap Banks for Jumbo Financing
Saudi Aramco and Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for a joint venture with long-term financing of approximately the same size.
8:00 PM EST | August 06, 2018
LNG Canada Ticking the Boxes Toward Approval, Servicers Say
A flurry of activity this year in the remote Pacific town of Kitimat, where the facility would be located, has raised optimism that the project will be built.
8:00 PM EST | July 11, 2018
Sources: Malaysia's Petronas Buys First Ever US Oil Cargo, Due In Sept
Petronas has bought its first ever US oil cargo of 1 million barrels of Mars crude.
8:00 PM EST | July 02, 2018
Saudi Aramco Finalizes Refinery Deal With Malaysia's Petronas
Saudi Aramco finalizes a deal with Malaysian state energy company Petronas.
8:00 PM EST | March 27, 2018
Petronas Says Involved In Proposal To Build Gas Pipeline Extension
Petronas says it is one of the producers involved in TransCanada's proposal to expand a pipeline system.
8:00 PM EST | March 22, 2018
You Don't Need Asia To Get $12 For Your Liquefied Natural Gas
You don't need to send your liquefied natural gas to Asia to get high prices.
7:00 PM EST | February 26, 2018
Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Waters
The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013.
7:00 PM EST | January 25, 2018
Malaysia's Petronas Offers New Bergading Condensate For March
Petronas has offered 350,000 barrels of new condensate grade Bergading for loading in March, a tender document reviewed by Reuters showed.
7:00 PM EST | January 24, 2018
After Europe's Gas Market Disasters, LNG May Come to the Rescue
After all the craziness in Europe's gas markets this week, some relief supplies may already be on their way from deep in the Russian Arctic.
7:00 PM EST | December 11, 2017
Petronas Unit Agrees Share Swap With Shell's Africa Operator
Petronas' South African unit and Vivo Energy Holding BV agreed to a deal to combine some of their African fuel-retail assets.
7:00 PM EST | December 04, 2017
Malaysia's Petronas Asked To Exit Myanmar In Protest Of Rohingya Crisis
Malaysian members of parliament ask state energy firm Petronas to exit its Myanmar operations.
7:00 PM EST | November 07, 2017
JERA's New LNG Contract With Petronas Foretells Smaller, Shorter Deals
Petronas signs a three-year LNG supply agreement with JERA.
8:00 PM EST | October 24, 2017
PFI: Petronas, Aramco Seeking $8B For Malaysian Project
Petronas and Saudi Aramco are seeking to raise $8B for a refinery and petrochemical complex via a bridge loan, PFI reports.
8:00 PM EST | October 24, 2017
Exec: Petronas' Canadian Unit To Look At Other LNG Opportunities
Progress Energy will look at other liquefied natural gas opportunities as a way to monetize its Canadian gas assets.
8:00 PM EST | October 10, 2017
Adviser: Malaysia's Petronas Puts Some Canadian Assets Up For Sale
Petronas is looking to sell some oil and gas assets owned by its Canadian unit Progress Energy, its adviser BMO Capital Markets says.
8:00 PM EST | October 03, 2017
Petronas Chem Sells Half Of Polymers Business To Saudi Aramco For $900MM
Petronas Chemicals Group Bhd (PCG) says it plans to sell 50% of a polymers unit to Saudi Aramco's wholly owned subsidiary.
8:00 PM EST | October 01, 2017
Canada Gas Set to Strike Back Against US Shale as Glut Eases
Output from some longtime producers is waning and pipeline maintenance is ending.
8:00 PM EST | September 13, 2017
Petronas Raises Payout Commitment To Government As Profit Surges
Petronas raises its dividend payment commitment to the government after reporting that second-quarter profit quadrupled because of higher oil prices and improved margins.
8:00 PM EST | August 24, 2017
S. Korea's S-Oil Signs LNG Contract With Malaysia's Petronas For 2018-2033
S-Oil Corp signs a long-term LNG supply contract with Malaysia's Petronas for 15 years starting from next year.
8:00 PM EST | August 24, 2017
Bernama: Petronas Considering Pipeline Investments To Monetize Gas Assets
Petronas is considering investing in a pipeline to market its Canadian gas assets after scrapping plans for a LNG project in Canada.
8:00 PM EST | August 22, 2017
IOC: Malaysia's Petronas Eyeing Stake In Indian LNG Import Terminal
Petronas is looking to buy a stake in Indian Oil Corp's Ennore LNG import terminal, the Indian firm's chairman says.
8:00 PM EST | August 15, 2017