Tag: Malaysia
PETRONAS concludes Malaysia bid round 2024
PETRONAS has signed two new PSCs off Sabah and launched MBR 2025. This includes 14 new contracts under MBR 2024, with major oil players like BP and TotalEnergies exploring frontier basins to expand Malaysia’s energy resources.
Sipitang Oil and Gas Industrial Park to Launch Next Month
The anticipated development of the Sipitang Oil and Gas Industrial Park (SOGIP) is set to be officially launched. Key developments at SOGIP include LNG import infrastructure, a gas power plant, and energy commodities storage facilities, with the project projected to generate 1,600 jobs.
ConocoPhillips takes on stewardship of offshore Malaysia gas PSC
Petronas has transferred operatorship of the Kebabangan Cluster Production Sharing Contract (PSC) offshore Malaysia to ConocoPhillips Sabah Gas. The facilities have an export capacity of up to 750 MMcf/d of gas, with commercial agreements in place for future field developments.
A long-term view on Petronas Gas, Dialog Joint ASU Project
The LNG-based air separation unit in Johor will start in 2026, reducing carbon emissions and ensuring a stable 25-year revenue stream.
Eni-Petronas-Euglena JV taps Maire hydrogen technology
The JV awarded Maire SPA a USD 125M contract for a hydrogen production unit at its Johor biorefinery, supporting low-carbon fuel production.
Tanjung Offshore wins services contract
Tanjung Offshore wins a six-month contract for maintenance and construction in the PM3-CAA oilfield, with an option to extend.
SAMSUNG E&A wins USD 955M contract in Malaysia
SAMSUNG E&A, a total solutions provider for the global energy industry has secured the contract for a biorefinery that will have the capability to...
Petronas awards four production sharing contracts
Petronas awarded PSCs for nine fields and one exploration block offshore Malaysia. The awards include clusters in Peninsular Malaysia and Sabah, involving Dialog Resources, EPOMS, ConocoPhillips, and Petronas Carigali. The contracts were offered under the Malaysia Bid Round 2024.
Stolthaven Terminals expands in Malaysia
Stolthaven opens a new terminal in Malaysia with stainless steel tanks, enhancing regional storage and export operations.
Dexcom opens Penang manufacturing facility
Dexcom Opens First Offshore Manufacturing Facility in Penang