PETRONAS Company News
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Stena Drilling Secures West Africa Contract
Friday, June 18, 2021FAR Gambia Ltd. has contracted the Stena IceMAX drillship for a one-well campaign later this year offshore The Gambia. PHOTO SOURCE: Stena Drilling
Offshore Gabon Contract Goes to Maersk Drilling
Monday, April 19, 2021PCGUSA has awarded Maersk Drilling an ultra-deepwater exploration contract in Gabon. PHOTO SOURCE: Maersk Drilling
Petronas Awards Well Intervention Contract
Wednesday, April 14, 2021Welltec has won a long-term intervention contract from Petronas.
Petronas Unit Awards Celtic Sea Decom Contract
Thursday, April 01, 2021A unit of Petronas has awarded HydraWell a multi-year contract to support a decommissioning project. PHOTO SOURCE: HydraWell
Headwinds Remain for Malaysia's Natural Gas Ambitions
Monday, March 15, 2021Malaysia aims to consume more natural gas domestically and increase its LNG exports.
Petronas Taps TechnipFMC Unit for Deepwater Project
Tuesday, February 23, 2021PETRONAS Carigali has awarded a deepwater development contract to FMC Wellhead Equipment.
Transocean Wins Drilling Contracts
Wednesday, February 17, 2021Transocean has garnered several new drilling contracts and contract extensions during the past quarter.
Pierce to Succeed Crothers at Shell Canada
Thursday, December 17, 2020Shell Canada President and Country Chair Michael Crothers plans to retire in 2021 after a 33-year career with Shell.
Suriname Drilling Pays Off for Petronas and Exxon
Friday, December 11, 2020PETRONAS Suriname E&P B.V. (PSEPBV) has made its first hydrocarbon discovery in Suriname, Petronas reported Friday.
Offshore Ireland Decom Campaign Starts for Petronas Unit
Wednesday, November 18, 2020AGR has begun decommissioning operations of Ireland's first indigenous gas wells for PETRONAS subsidiary PSE Kinsale Energy.
BP Produces First Gas from Oman Field with OQ and Petronas
Tuesday, October 13, 2020BP reported Monday that it has begun production from the Ghazeer field in the Omani desert ahead of schedule.
Repsol Selects Drilling Contractor for Mexico Campaign
Tuesday, September 22, 2020Stena Drilling has signed a new contract with Repsol and others to provide a drillship for a 2021 offshore Mexico drilling campaign.
Petronas to Test New Subsea Pump
Wednesday, August 12, 2020PETRONAS and FASTsubsea have signed a contract to develop and test a low-cost, topside-less subsea multiphase pump. IMAGE SOURCE: Aker Solutions
Offshore Malaysia Project Marks Industry Firsts
Wednesday, July 22, 2020Above is a photo from the offshore Malaysia subsea pipelay operation. PHOTO SOURCE Cortez Subsea
Maersk Drilling Wins Suriname Contract from Petronas
Thursday, July 02, 2020The Maersk Developer, above, will be Maersk Drilling’s first rig to operate offshore Suriname. PHOTO SOURCE: Maersk Drilling
Siemens Lands Contract Work for Petronas' Kasawari Gas Project
Thursday, June 04, 2020Once in production, the field will produce up to 900 million cubic feet per day of gas.
Petronas, Exxon to Divest Stakes in Chad Project
Thursday, March 12, 2020The combined holdings of both oil companies could be worth over $1 billion.
SapuraOMV Achieves First Gas from Larak Field Offshore Malaysia
Monday, January 13, 2020SapuraOMV Upstream has achieved within budget first production from its Larak gas field offshore Malaysia under the SK408 Production Sharing Contract (PSC).
The 2019 Downstream Countdown: 20 to 16
Monday, December 23, 2019Here's a recap of the top downstream articles on Rigzone since Jan. 1, 2019, starting with numbers 20 through 16.
Petronas Raises $1.4 Billion
Monday, December 09, 2019The selldowns will rank among the biggest-ever block trades in Malaysia.
Brazil Pre-Salt Block Goes to Total-Led Group
Friday, October 11, 2019A consortium of Total, QP and Petronas has won the C-M-541 deep offshore license in Brazil's pre-salt Campos Basin.
The Top 10 Ideal NOC Employers
Thursday, August 29, 2019Presenting the highest-scoring NOCs in Rigzone's 2019 Ideal Employer Survey!
Argentinean LNG May Enjoy Geographic Advantage
Monday, June 17, 2019Argentina's southern hemisphere location could lure Asian LNG buyers.
Oil Explorers Forge Ahead in Mexico
Friday, March 29, 2019Under government pressure that they're moving too slow, international oil companies are pushing ahead with deepwater development plans in Mexico.
Repsol Makes Gas Discovery in Indonesia
Wednesday, February 20, 2019Repsol S.A. has unlocked the largest gas discovery in Indonesia in 18 years.
Petronas-Saudi RAPID Refinery To Receive First Oil Cargo By End-Sept
Thursday, September 13, 2018A 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.
Petronas Eyes South Sudan Oil Blocks
Tuesday, September 11, 2018Petronas is interested in developing oil blocks in South Sudan, President Salva Kiir's office says.
Sources: Aramco Plans To Ship First Crude Oil To Malaysia JV Refinery
Tuesday, September 04, 2018Saudi Aramco plans to deliver the first crude oil cargo to its joint-refinery project with Petronas in Malaysia in October.
Petronas Boosts Payout To Govt After Quarterly Profit Nearly Doubles
Thursday, August 30, 2018Petronas is looking to expand its core business portfolio and plans to pay the government a higher dividend than earlier promised, its CEO says.
Sources: Saudi Aramco, Malaysia's Petronas Tap Banks for Jumbo Financing
Tuesday, August 07, 2018Saudi 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.
LNG Canada Ticking the Boxes Toward Approval, Servicers Say
Thursday, July 12, 2018A 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.
Sources: Malaysia's Petronas Buys First Ever US Oil Cargo, Due In Sept
Tuesday, July 03, 2018Petronas has bought its first ever US oil cargo of 1 million barrels of Mars crude.
Saudi Aramco Finalizes Refinery Deal With Malaysia's Petronas
Wednesday, March 28, 2018Saudi Aramco finalizes a deal with Malaysian state energy company Petronas.
Petronas Says Involved In Proposal To Build Gas Pipeline Extension
Friday, March 23, 2018Petronas says it is one of the producers involved in TransCanada's proposal to expand a pipeline system.
You Don't Need Asia To Get $12 For Your Liquefied Natural Gas
Tuesday, February 27, 2018You don't need to send your liquefied natural gas to Asia to get high prices.
Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Waters
Friday, January 26, 2018The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013.
Malaysia's Petronas Offers New Bergading Condensate For March
Thursday, January 25, 2018Petronas has offered 350,000 barrels of new condensate grade Bergading for loading in March, a tender document reviewed by Reuters showed.
After Europe's Gas Market Disasters, LNG May Come to the Rescue
Tuesday, December 12, 2017After 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.
Petronas Unit Agrees Share Swap With Shell's Africa Operator
Tuesday, December 05, 2017Petronas' South African unit and Vivo Energy Holding BV agreed to a deal to combine some of their African fuel-retail assets.
Malaysia's Petronas Asked To Exit Myanmar In Protest Of Rohingya Crisis
Wednesday, November 08, 2017Malaysian members of parliament ask state energy firm Petronas to exit its Myanmar operations.
JERA's New LNG Contract With Petronas Foretells Smaller, Shorter Deals
Wednesday, October 25, 2017Petronas signs a three-year LNG supply agreement with JERA.
PFI: Petronas, Aramco Seeking $8B For Malaysian Project
Wednesday, October 25, 2017Petronas and Saudi Aramco are seeking to raise $8B for a refinery and petrochemical complex via a bridge loan, PFI reports.
Exec: Petronas' Canadian Unit To Look At Other LNG Opportunities
Wednesday, October 11, 2017Progress Energy will look at other liquefied natural gas opportunities as a way to monetize its Canadian gas assets.
Adviser: Malaysia's Petronas Puts Some Canadian Assets Up For Sale
Wednesday, October 04, 2017Petronas is looking to sell some oil and gas assets owned by its Canadian unit Progress Energy, its adviser BMO Capital Markets says.
Petronas Chem Sells Half Of Polymers Business To Saudi Aramco For $900MM
Monday, October 02, 2017Petronas Chemicals Group Bhd (PCG) says it plans to sell 50% of a polymers unit to Saudi Aramco's wholly owned subsidiary.
Canada Gas Set to Strike Back Against US Shale as Glut Eases
Thursday, September 14, 2017Output from some longtime producers is waning and pipeline maintenance is ending.
Petronas Raises Payout Commitment To Government As Profit Surges
Friday, August 25, 2017Petronas raises its dividend payment commitment to the government after reporting that second-quarter profit quadrupled because of higher oil prices and improved margins.
S. Korea's S-Oil Signs LNG Contract With Malaysia's Petronas For 2018-2033
Friday, August 25, 2017S-Oil Corp signs a long-term LNG supply contract with Malaysia's Petronas for 15 years starting from next year.
Bernama: Petronas Considering Pipeline Investments To Monetize Gas Assets
Wednesday, August 23, 2017Petronas is considering investing in a pipeline to market its Canadian gas assets after scrapping plans for a LNG project in Canada.
IOC: Malaysia's Petronas Eyeing Stake In Indian LNG Import Terminal
Wednesday, August 16, 2017Petronas is looking to buy a stake in Indian Oil Corp's Ennore LNG import terminal, the Indian firm's chairman says.