Malaysia Oil & Gas News - page 4


Uzma to Deliver Water Injection Module for Petronas' Offshore Platform

Jun 23, 2020

Malaysian energy services company Uzma has won a contract to deliver a portable water injection module for Petronas Sepat offshore platform in Malaysia.Under the contract, Uzma will be responsible for the design, engineering, procurement, fabrication…

Petronas in Talks to Settle Tax Dispute with Sarawak State

Jun 23, 2020

Malaysian national oil company Petronas is in talks to finalize a deal with an energy rich province to settle a dispute over the payment of sales tax, a lawyer for the company said on Tuesday.Petronas had been fighting Sarawak state's demand…

Petronas CEO: Asia's Oil Demand Recovery Remains Fragile

Jun 19, 2020

The recovery in Asia's demand for oil remains fragile despite the reopening of economies across the region, as a second wave of coronavirus outbreaks could hit consumption again, the outgoing head of Malaysia's Petronas said.'We really had a collapse these past few months…

Petronas Puts Off Kebabangan Field Maintenance

Jun 19, 2020

Malaysia's Petronas said it has deferred maintenance activities at the Kebabangan gas field in Sabah, which had been originally slated for April.Malaysia implemented lockdown measures in March to curb the spread of the coronavirus.'Maintenance…

Sarawak State to Sue Petronas over Sales Tax

Jun 11, 2020

Malaysia's energy-rich Sarawak state will pursue legal proceedings against national oil company Petronas over the non-payment of sales tax, backtracking on a settlement agreement reached last month, national news agency Bernama reported.Petronas and Sarawak had reached a settlement in May…

Petronas CEO to Leave for Role at Malaysia Airlines

Jun 08, 2020

Malaysia's prime minister on Saturday appointed the finance chief at Petroliam Nasional Bhd (Petronas) to take over as chief executive at the state energy company, at a time when lower oil prices and the coronavirus pandemic have hit the firm's profits…

Petronas Completes First LNG Cargo Delivery to Myanmar

Jun 04, 2020

Malaysia's Petronas has delivered the first liquefied natural gas (LNG) import cargoes to Myanmar, the company said on Thursday, marking a new consumer for the super-chilled fuel.The state-owned company's subsidiary Petronas LNG delivered two LNG cargoes to Yangon…

SapuraEnergy Nets $179,6M in New Deals Across SE Asia

Jun 03, 2020

Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…

Siemens Equipment for Large Gas Field Project Offshore Malaysia

Jun 03, 2020

Siemens Gas and Power has been awarded a contract to supply gas turbine generators, gas turbines and centrifugal compressors for the Petronas' Kasawari gas field development project offshore Sarawak in Malaysia. The order was made by Malaysia…

Malaysia: Tanjong Baram Field Contract Terminated

May 22, 2020

Malaysia's Uzma Energy Ventures has said that the Tanjong Baram small field risk service contract between Petronas and Uzma & EnQuest joint venture has been terminated.The contract's objective was to develop and produce petroleum from the Tanjong Baram field…

Lightning Sparks Fire at Hengyuan's Malaysian Refinery

May 22, 2020

Hengyuan Refining Company Bhd said on Friday that a tank storing crude oil had caught fire at its refinery on the Malaysian west coast.Preliminary investigations show the fire at the Port Dickson refinery was due to a lightning strike, the company said in a statement…

Petronas Braces for Severe 2020 Hit. 1Q Profit Down 68%

May 22, 2020

Malaysian state oil firm Petronas posted a 68% slump in first-quarter profit on Friday and said it would cut capital expenditure and operating expenses as it braces for a big hit to its full-year performance due to the coronavirus pandemic.Petronas…

2H Offshore Installs Wellhead Platform Offshore Malaysia

May 21, 2020

2H Offshore, an Acteon company, has completed the installation of a lightweight, conductor supported, minimum facility wellhead platform offshore Sarawak, Malaysia.The company was responsible for the concept, detailed design, transportation…

Tanjung Offshore Nets 4-Year Contract with Hess

May 20, 2020

Malaysian offshore services provider Tanjung Offshore has secured a contract with Carigali Hess Operating Company, a Malaysian subsidiary of the U.S. oil company Hess Corp.The contract is for the provision of onshore fabrication, offshore hook-up and commissioning for infill flowlines…

Japan's JX Nippon Taps KBR for CCS, Hydrogen Study

May 13, 2020

U.S. engineering and construction giant KBR has been awarded a contract for Carbon Capture and Sequestration works at JX Nippon's offshore oil and gas fields in South East Asia.Under a Master Service Agreement (MSA) and Feasibility Study awarded to KBR by Japan-based oil and gas company JX Nippon…

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