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Petronas News

 

Tanjung Offshore to Deliver Offshore Platform for Petronas

Feb 21, 2020

Malaysian oil company Petronas Carigali has contracted Tanjung Offshore Services for the delivery of a mobile offshore production unit.Tanjung Offshore Services has won a contract with a consortium Partner VME Process Systems Malaysia. The contract is for the provision of leasing…

Barakah Offshore Files Petronas Carigali Claim

Jan 17, 2020

Malaysian offshore oilfield services company Barakah Offshore Petroleum has filed a claim against the compatriot oil company Petronas Carigali for unpaid work and has threatened to seek Petronas' winding up unless it gets paid what it is owed…

THHE Fabricators Can Bid for Petronas Work Again

Jan 14, 2020

Malaysian oil and gas construction and services company THHE Fabricators is allowed to bid for Petronas' contracts again.Petronas blacklisted the THEE Fabricators from bidding as a contractor for its upstream oil and gas-related tenders after…

Petronas Buys Stakes in Two Campos Fields

Dec 30, 2019

Malaysia’s Petroliam Nasional Berhad (Petronas) announced it has acquired stakes in two deepwater fields in the Campos Basin offshore Brazil.Petronas said on Sunday its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) completed its acquisition…

Petronas Buys Stake in Andaman III Block

Dec 23, 2019

Malaysia's state-owned oil and gas company Petronas has acquired 49% of Repsol SA's participating interest in Andaman III oil and gas block off the coast of Aceh, Indonesia, according to a Petronas statement released on Monday.Repsol will still hold a 51% stake in the block after the deal…

Petronas Quarterly Profit Halves

Nov 26, 2019

Malaysia's state energy firm Petroliam Nasional Bhd said on Tuesday its third-quarter profit nearly halved due to lower demand and impairment charges, and warned of further risks to demand.Profit for the July-September period at Petronas, as the company is better known…

Malaysia Could List Petronas' Exploration Arm

Sep 27, 2019

Malaysia is considering listing the exploration and production arm of state energy company Petronas, the world's third-biggest exporter of liquefied natural gas, state news agency Bernama reported on Friday citing Prime Minister Mahathir Mohamad…

Petronas Signs Offshore Deal with Gabon

Aug 05, 2019

Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) has signed an agreement with Gabon for two exploration permits after the African country enacted a new oil law last month.A Bloomberg report quoted Noel Mboumba, Gabon’s petroleum…

Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

Petronas Contracts Rowan Drillship

Feb 13, 2019

Offshore driller Rowan Companies announced Tuesday that its R-Class ultra-deepwater drillship Rowan Renaissance has been awarded a one-well contract to drill offshore Mexico for PC Carigali Mexico Operations, S.A. de C.V. (Petronas).The contract…

Petronas Q3 Profit Jumps 43%

Nov 27, 2018

Malaysian state-owned energy firm Petroliam Nasional Berhad, or Petronas, on Tuesday said it will increase its dividend payout to the government after its third-quarter net profit jumped on higher revenue and oil prices.The new administration…

Petronas Sets Up Team for Renewables Push

Nov 27, 2018

Malaysian state-owned oil and gas firm Petroliam Nasional Berhad, or Petronas, has set up a new business within the group to make a push into renewable energy, the head of the new venture said on Tuesday.Petronas has expressed interest over…

Petronas Delivers First LNG Cargo to Hokkaido Electric

Aug 05, 2018

Malaysian state-owned oilcompany Petroliam Nasional Bhd (Petronas) through its subsidiary, Malaysia LNG (MLNG) delivered its first liquefied natural gas (LNG) cargo to Japan's Hokkaido Electric Power on August 1st, 2018.This delivery marks the…

TechnipFMC, Petronas agree technology partnerhsip

Oct 31, 2017

TechnipFMC and Petronas have signed a tripartite heads of agreement (THoA) to 'leverage' their respective resources in areas including enhanced oil recovery and unmanned equipment. The collaboration, involving Petronas Research and Petronas Technology Ventures…

Petronas to open Mexico City office

Aug 02, 2017

Petronas subsidiary PC Carigali Mexico Operations is opening a Mexico City office in Q3 2017 that will help support the company’s operations in the Salinas basin. In all, Petronas has 5491sq km in gross acreage in the Salina Basin. In June…

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