Tag: Malaysia
SHI launches hull for giant FLNG unit, third in Petronas’ fleet
Samsung Heavy Industries launched the hull for Petronas’ third FLNG unit, PFLNG Tiga. Scheduled to operate in 2027, it will produce 2.1 million tonnes of LNG annually off the coast of Sabah, 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.