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Petronas News

 

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Aug 28, 2026

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) subsidiaries and Petronas Carigali's PC JDA have signed a 35-year production sharing contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area, allowing the partners to continue petroleum exploration, development and production from the block.PTTEP JDX Thailand (JDA) Limited and PTTEP JDX Thailand, together with PC JDA…

TGS Readies for Sarawak Phase 4 Offshore Survey

Aug 18, 2026

TGS is ready to commence the Sarawak Phase 4 multi-client program offshore Malaysia, covering approximately 1,020 square kilometers.The Ramform Sovereign is scheduled to mobilize for the survey in the fourth quarter and acquisition is expected to be completed in December 2026…

Baker Hughes to Supply Subsea Systems for Kutei Northern Hub

Aug 10, 2026

Baker Hughes has been awarded a contract to deliver subsea production systems and digital solutions to support safe, efficient and optimized production for the Kutei Northern Hub development offshore Indonesia.The contract with Searah North Ganal (a subsidiary of Searah Limited…

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

Aug 05, 2026

Vantris Energy has secured new offshore engineering and drilling work in Malaysia, including a transportation and installation (T&I) work order from Petronas and a tender-assisted drilling rig (TADR) assignment and contract for offshore development drilling campaigns…

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Jul 24, 2026

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8 billion North Hub project in Indonesia, the Indonesian government said.The company…

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Jul 22, 2026

Velesto Energy has secured a contract worth approximately $51 million from Hess Exploration and Production Malaysia, a wholly owned subsidiary of Chevron, to provide integrated rig, drilling and completion services for the North Malay Basin Full Field Development Campaign…

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jul 20, 2026

Malaysia-based offshore drilling contractor Velesto Energy has mutually agreed with PC Ketapang II, PC North Madura II and PETRONAS North Ketapang to terminate, without cause, a contract for the NAGA 8 jack-up drilling rig offshore Indonesia…

Searah Malaysia Starts Upstream Oil and Gas Operations

Jul 17, 2026

Searah (Malaysia) launched upstream oil and gas operations in Malaysia from July 1, it said on Friday, after completing the transfer of operatorship from Petronas Carigali, a subsidiary of state energy firm Petronas.The oil and gas company is the Malaysian operating entity of Searah Limited…

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Jul 10, 2026

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Eni North Ganal to deliver a steel tube umbilical system for the Kutei North Hub field development project offshore East Kalimantan in Indonesia…

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Jul 10, 2026

London-listed independent energy company EnQuest has cleared a key hurdle in its proposed $833 million acquisition of interests in four offshore production sharing contracts in Malaysia after existing partners waived their pre-emption rights over one of the three transaction packages…

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Jul 07, 2026

Italian energy services group Saipem, through its Saipem Indonesia subsidiary and in a joint venture with PT Tripatra Engineers and Constructors, has won a contract for a floating production, storage and offloading (FPSO) unit for the Kutei North Hub development in Indonesia…

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

Jun 29, 2026

Vestigo Petroleum, a subsidiary of Petronas Carigali, has contained a fire that broke out at its West Lutong Vent A (WLV-A) facility offshore Sarawak in Malaysia and launched an investigation into the cause of the incident.The fire occurred at about 2:00 p…

Petronas Makes New Gas Discovery Offshore Suriname

Jun 24, 2026

Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Jun 10, 2026

EnQuest has agreed to acquire interests in four offshore production sharing contracts (PSCs) in Malaysia for up to $833 million, a deal that would significantly increase the independent energy company's production, reserves and cash flow.The…

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