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.
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.
July 21, 2023
The oil and gas discoveries were achieved on the back of an intensive domestic exploration drilling campaign that also led to the discovery of the Nahara-1 in Block SK306, a significant oil discovery by PETRONAS Carigali within the last few decades.
June 26, 2023
The reprocessing addendum enhances a multi-year contract awarded initially by Petronas in August 2020 to acquire and process up to 105,000 km² of multi-client 3D data over a 5-year period in the basin.
May 30, 2023
The survey will cover approximately 6,800 square kilometers and the Ramform Sovereign is scheduled to commence acquisition in June 2023 and complete in August.
April 13, 2023
Thirty-two 3D seismic surveys will be reprocessed in Stage 2, comprising a mix of vintages covering held acreage, MBR License Blocks, and open acreage in the Malay Basin.
March 24, 2023
Solutions that will reduce gas turbines’ energy consumption and prevent flare gas leakages to lower methane emission emerged as the grand prize winners of the recently concluded Race2Decarbonise hackathon organized by PETRONAS.
March 15, 2023
Sarawak Shell Berhad, a subsidiary of Shell plc, has completed the sale of its stake in two offshore production sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd.
Add Energy brings drilling experience to Malaysia, appoints former ExxonMobil expert to lead operations
March 07, 2023
Add Energy offers 30+ years of operations, drilling and well engineering experience and provides leading solutions in asset management, drilling and well operations, safety and risk, decarbonization and energy transition, and training.
February 23, 2023
According to Datuk Tengku Taufik, Sabah's Chief Minister, the partnership with SMJSB underscores PETRONAS' efforts to build a more inclusive environment for the oil and gas industry in Sabah, both offshore and onshore.
February 15, 2023
The 10 exploration blocks on offer are within the producing Malay, Sabah and Sarawak basins as well as the newly opened Penyu basin. These blocks cover various geological play settings with sizeable prospects to be explored.
January 27, 2023
The deals state that both companies will define the maturation of technical scopes for the CCS value chain. They will jointly evaluate previously identified fields for CO2 storage utilization while developing a commercial framework.
January 18, 2023
The Meranti Cluster, located offshore Peninsular Malaysia, was awarded to Ping Petroleum, which is in partnership with Duta Marine Sdn Bhd. All three PSCs were awarded under the Small Field Asset terms introduced in 2020.
International Petroleum Corp. and PETRONAS extend production sharing contract for Malaysian oil field
December 21, 2022
The two companies signed a letter of agreement to extend the Block PM 307 Production Sharing Contract covering the Bertam Field, offshore Peninsular Malaysia from Aug. 15, 2025, to Aug. 14, 2035.
December 13, 2022
Sarawak Shell Berhad, a subsidiary of Shell Plc, has agreed to sell its stake in two offshore production-sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production.
September 21, 2022
Mubadala Energy confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia.
September 06, 2022
Sarawak Shell Berhad, together with PETRONAS Carigali Sdn Bhd, has taken a final investment decision to develop the Rosmari-Marjoram gas project. Gas production is expected to start in 2026.
June 01, 2022
This achievement further establishes the company as a strategic player in the international energy sector and marks a 22% increase in production from 2021.
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
Every region will post an increase, led by the Middle East, the Americas, Africa and the FSU. Offshore activity will grow at about the same pace as onshore drilling.