Petronas News

 

Petrobras Makes FID to Advance Two Oil Projects Offshore Brazil

May 27, 2024

Petrobras, together with its partners, has made the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil.The Atapu field has been producing…

Saipem Scoops $3.7B for Work on TotalEnergies’ Kaminho Field

May 21, 2024

Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion.The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20…

TotalEnergies Makes FID for Kaminho Deepwater Project Offshore Angola

May 21, 2024

TotalEnergies, along with its partners Petronas and Sonangol, has made a Final Investment Decision (FID) for the Kaminho project to develop the Cameia and Golfinho fields offshore Angola.Located 100 km off the coast of Angola in 1,700 m water-depth…

Petronas Makes Oil and Gas Discovery Offshore Suriname

May 16, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…

Indonesia Offers Five Oil and Gas Blocks, Pledges to Boost Exploration

May 14, 2024

Indonesia launched its first oil and gas auction this year offering five blocks on Tuesday, while the government pledged to boost exploration in an effort to reverse output declines in a country that was once a net oil exporter.'To meet oil and gas demand…

Guyana's Cabinet Clears Oil Block Bid

May 08, 2024

Guyana's cabinet has approved a bid for an offshore oil block by a consortium including QatarEnergy, TotalEnergies and Malaysian state-owned Petronas, a minister from the South American country said on Wednesday.Guyana, home of the largest oil discoveries in nearly a decade…

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Apr 22, 2024

TotalEnergies has signed an agreement with Sapura Upstream Assets to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV for a consideration of $530 million, subject to closing adjustments.This agreement follows a first agreement signed with OMV on January 31…

Sapura Energy to Provide Subsea Services for Shell Off Malaysia

Apr 04, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Shell’s Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum…

Noble Voyager to Drill Another Well for Petronas Offshore Suriname

Apr 03, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname.The 7th generation drillship Noble Voyager…

Survey to Assess CCS and New Oil & Gas Opportunities Gets Underway Off Malaysia

Apr 03, 2024

Marine seismic data company TGS, together with joint venture consortium partners PGS and SLB, has kicked off a multi-client 3D seismic project in the Penyu Basin, offshore Peninsular Malaysia.The project aims to provide insights on the exploration…

Petronas and JERA Team Up on Japan-Malaysia CCS Scheme

Apr 02, 2024

Malaysia’s state-owned energy company Petronas and Japan’s largest power generation company JERA have signed a joint study agreement to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain between Japan and Malaysia…

Esgian Week 13 Report: Demand Shifts

Apr 01, 2024

Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand…

Petronas Starts Construction of Malaysia's First Nearshore FLNG Facility

Apr 01, 2024

Malaysia’s state-owned energy company Petronas has started the construction of its nearshore floating liquefied natural gas (FLNG) unit, set to become Malaysia’s first such facility once in operation.A steel cutting ceremony for the nearshore…

PTTEP Hires McDermott for Gas Job Offshore Malaysia

Mar 27, 2024

McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…

Petronas Books Three Velesto’s Jack-Up Rigs

Mar 26, 2024

Petronas Carigali (PCSB), a subsidiary of Malaysian state-owned energy company Petronas, has booked three jack-up rigs from Velesto for drilling operations off the coast of Malaysia.The contract with Petrobras is for three Velesto’s jack-ups – Naga 2…

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US Grants India Sanctions Waiver to run Iranian Port

US Grants India Sanctions Waiver to run Iranian Port

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