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Malaysia Oil & Gas News

 

India's ONGC Awards 10-Year Charter for Armada Sterling FPSO

Sep 25, 2020

Malaysian offshore vessel operator Bumi Armada, has via its JV company with Shapoorji Pallonji, secured a ten-year charter for the Armada Sterling FPSO with the Indian oil giant ONGC.Bumi Armada said Friday that under the contract Armada Sterling FPSO would operate in the ONGC D1 field located 200km off the west coast of Mumbai, India.The charter is for a fixed 10-year period an annual option to extend the charter for up to 5 additional years…

Malaysia: Two Dead After Offshore Vessel Rams into Oil Platform

9 hours ago

Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a [platform] operated by state oil firm Petronas off the state of Sarawak on Borneo island.The Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather…

PGS, TGS and WesternGeco Score Multi-year Seismic Deal with Petronas

Oct 26, 2020

Malaysian oil company Petronas has awarded a multi-year offshore seismic data acquisition and processing contract to a consortium comprising TGS, PGS, and WesternGeco.The multi-year contract is for the acquisition and processing of up to 105…

Former Petronas Exec to join EnQuest Board

Oct 23, 2020

UK-based, the North Sea and Malaysia focused, oil and gas company EnQuest said Friday it intended to appoint Farina Khan as a Non-Executive Director of the EnQuest Board with effect from November 1, 2020. On joining the Board, Farina Khan will…

Icon Offshore Strikes Deal to Buy Perisai Pacific 101 Jack-Up Rig

Oct 02, 2020

Bursa Malaysia-listed offshore vessel provider Icon Offshore has struck a deal to buy the Perisai Pacific 101 jack-up drilling rig.The 2014-built rig, owned by a subsidiary of  Perisai Petroleum Teknologi Bhd (PPTB), is an asset mortgaged to Oversea-Chinese Banking Corporation (OCBC)…

Petronas Pays $700M in Tax to Sarawak State after Dispute Settlement

Sep 18, 2020

Malaysia's state energy firm Petronas on Thursday paid over $700 million in sales tax to the energy-rich state of Sarawak, in a settlement that could open the way to more such payments to state governments.The payment comes just two weeks after…

Petronas to Increase Role of Renewables in its Portfolio as it Posts Quarterly Loss

Sep 04, 2020

Malaysian state-owned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirus-related demand slump and lower oil prices.Petronas…

SapuraOMV Brings Online Bakong Gas Field Offshore Malaysia

Sep 03, 2020

Malaysia's SapuraOMV Upstream on Thursday announced stable production from its Bakong gas field project under the SK408 Production Sharing Contract (PSC), offshore Malaysia.'The production phase started in June 2020. This follows the successful…

Malaysia's Hibiscus Petroleum Eyes Acquisitions

Aug 26, 2020

Bursa Malaysia-listed oil and gas company Hibiscus Petroleum is looking to expand its asset portfolio through acquisitions of assets with strong production potential.Hibiscus, which owns offshore oil fields in Malaysia, Australia, and the UK North Sea…

IEV Wins Pipeline Inspection Gig Offshore Malaysia

Aug 25, 2020

Subsea services provider IEV has been awarded an advanced inspection solutions contract in Malaysia.The contract, accepted by IEV Malaysia last Friday, was awarded by an unnamed oil and gas (“O&G”) services provider.IEV said the contract was…

Dayang to Maintain Shell's Platform Topsides in Malaysia

Aug 18, 2020

Bursa Malaysia-listed offshore services company Dayang has won a contract with Shell in Malaysia for the provision of 'topside major maintenance services.'Dayang will provide the services for Shell's Malaysian subsidiaries Sarawak Shell and Sabah Shell Petroleum…

Malaysia's MISC Signs LoI for Mero 3 FPSO Delivery

Aug 17, 2020

Brazilian oil company Petrobras has signed a letter of intent with Malaysia's MISC Berhad for the chartering and services of an FPSO to be deployed at the Mero 3 development offshore Brazil.The FPSO to be named Marechal Duque de Caxias will be installed in the Mero field…

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Aug 14, 2020

Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million…

Petronas, FASTsubsea Working on 'Low-cost' Subsea Multiphase Pump

Aug 11, 2020

Petronas Research, a subsidiary of the Malaysian oil and gas giant Petronas, has joined a joint industry project to develop and test a low-cost, topside-less subsea multiphase pump.The company has signed a contract with FASTsubsea, a joint venture between Aker Solutions and FSubsea…

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Aug 06, 2020

Malaysian offshore services provider Alam Maritim has this week secured work with the Spanish oil firm Repsol, and Malaysia's marginal fields development company Vestigo.First, Alam Maritim on Tuesday said it had won a five-year deal with Repsol in Malaysia for the provision of subsea inspection…

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