News
November 16, 2023
(WO) — CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia. Located in the Malacca Strait, the project has received industry funding and will deliver early products in December 2023 and final results in August 2024.
News
Petronas, PetroVietnam to collaborate on upstream, renewable energy, and decarbonization initiatives
November 15, 2023
(WO) — Petronas has signed an agreement with Vietnam Oil and Gas Group (PetroVietnam) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
News
November 14, 2023
65 development wells are planned to be commissioned, including 42 production wells, 20 gas injection wells and 3 water source wells. It is expected to achieve a peak production of approximately 37,000 boed in 2024.
News
November 07, 2023
Under the new contract, ABL’s rig-moving surveyors in Malaysia are expected to survey and approve approximately 14-16 rig moves offshore Malaysia for Velesto Drilling’s six-rig fleet during the period.
News
November 06, 2023
The two sides also signed a long-term sales and purchase agreement (SPA) for the delivery of 3 MMtpa of LNG from the NFS project to Sinopec’s receiving terminals in China over a span of 27 years.
News
November 01, 2023
The curbs by the U.S. on Myanma Oil and Gas Enterprise, or MOGE, prohibits Americans from the provision, exportation, or re-exportation of financial services, directly or indirectly, to or for the benefit of the company.
News
October 31, 2023
The consortium will provide EPCI and HUC services for a central production platform, living quarters platform, flare tower, and bridges for the Block B natural gas development project offshore Vietnam.
News
October 30, 2023
The Abu Cluster is made up of three developed fields, namely Abu, Abu Kecil and Abu SW Upthrown, with the remaining reserves of five million stock-tank bbl.
News
October 26, 2023
The field is expected to achieve a peak oil production of approximately 9,300 bpd in 2024.
News
October 24, 2023
The Feng Miao offshore wind project is located approximately 36 km off the coast of Taichung City on the Taiwanese west coast and has been awarded 500 MW grid capacity by Taiwan’s Ministry of Economic Affairs, with expected commissioning by 2027.
News
October 22, 2023
The start-up of Tangguh Train 3 will add 3.8 million tonnes per annum (MMtpa) of LNG production capacity to the existing two-train facility, bringing total plant capacity to 11.4 MMtpa.
News
Shell sells interest in natural gas project offshore Indonesia to PETRONAS, PT Pertamina Hulu Energi
October 18, 2023
INPEX Corporation holds a 65% operating interest in Masela PSC and is the operator of the Abadi natural gas project. The project is located in the Masela block, 150 km offshore Saumlaki in Maluku province, Indonesia.
News
October 06, 2023
The MoC seeks to strengthen the cooperation on cross boundary CCS projects between Japan and Malaysia, taking into consideration the common interest in building a CCS value chain and business model for future carbon neutrality to enhance economic, industrial and social development.
News
October 02, 2023
Preliminary estimates indicate a total structure discovered volume of 5 trillion cubic feet (Tcf) of natural gas in place with a content of condensate estimated up to 400 Mbbl.
News
September 28, 2023
With the majority of the world’s marine newbuild business located in China, and over 50% of Chinese shipyards located in a 200 km radius around Zhangjiagang, antifouling coatings are in high demand.
News
September 11, 2023
Valaris Limited announced new contracts and contract extensions, with an associated contract backlog of approximately $65 million.
News
September 07, 2023
ADNOC Gas continues to leverage opportunities arising from ADNOC’s integrated gas masterplan, which links every part of the gas value chain in the UAE, ensuring a sustainable and economic supply of natural gas to meet local and international demand.
News
August 31, 2023
Under the agreement, the two companies will develop and provide advanced digital solutions services that address energy industry challenges and help increase operational effectiveness and efficiency.
News
August 30, 2023
The survey is the third phase of a multi-year contract awarded initially by PETRONAS in August 2020 to acquire and process up to 105,000 km2 of multiclient 3D seismic data over a 5-year period in the Sarawak basin.
News
August 28, 2023
Timi is designed to produce up to 50,000 boed of gas at peak production and will evacuate its gas through a new 80 km pipeline to the F23 production hub.
News
August 24, 2023
Sinopec has received official certification for the 30.55 Bcm proven geological reserve of natural gas discovered in phase-I of its Bazhong gas field, a significant breakthrough of Sinopec's Project Deep Earth-Sichuan and Chongqing natural gas base.
