Malaysia-based Velesto Energy has signed a memorandum of understanding (MoU) with Petronas and National Oilwell Varco (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.The MoU aims to establish…
Offshore seismic services specialist Shearwater Geoservices has secured a large 3D seismic survey from Petronas in Suriname.The project, covering 6,000 square kilometers, marks the continuation of Shearwater’s commitment to Petronas in this…
Energy firms TotalEnergies, Qatar Energy, Petronas, Cybele Energy, Delcorp and International Group Investment have reached agreements with Guyana over terms of production sharing deals to explore five oil and gas offshore blocks, the energy ministry said on Wednesday…
Consulting and engineering firm Wood has taken charge of the Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects.The guidelines…
Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China…
Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas (LNG) project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian state-owned energy giant Petronas…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46…
Strohm, a thermoplastic composite pipe (TCP) company, has overseen the installation of its TCP Jumper technology at the deepwater Sabah project offshore Malaysia.Installed by contractor McDermott on behalf of an international operator, it is…
Esgian provides an update on plans for Petronas to return to the deep waters off Mexico in its Week 35 Rig Analytics Market Roundup.Report SummaryContractsMalaysia's Velesto said Monday it has secured a Letter of Award for its 350-ft jackup…
Aker Solutions, PETRONAS Carigali Sdn. Bhd., MISC Bhd and Clean Energy System Inc, signed a Memorandum of Understanding (MOU), effectively commencing the Zero Emission Power Station (ZEUS) pilot project, an energy solution that uses oxyfuel combustion with immediate CO2 capture and storage…
Malaysia's Petroliam Nasional (Petronas) will collaborate with Abu Dhabi National Oil Company (ADNOC) and U.K.-based Storegga to evaluate carbon dioxide emissions storage in Malaysia, the companies said on Tuesday.The three companies have signed…
Petronas is encouraging Malaysia’s oil and gas services and equipment suppliers to embrace sustainability principles by providing training and tools to help them adopt new practices.Petronas will help with ESG knowledge and capacity building…
Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas production in the Mediterranean and Gulf of Suez.After discussions between Egypt's Petroleum…
Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17…
Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…
