Tag: oil & gas

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.

Petronas greenlights the Hidayah field project in East Java, featuring unmanned platforms and advanced offshore facilities.

Tanjung Offshore wins a six-month contract for maintenance and construction in the PM3-CAA oilfield, with an option to extend.

CNOOC begins production in South China Sea oilfields, aiming for 13,600 barrels per day with cost-efficient unmanned platforms.

SK Earthon, in partnership with Murphy Oil Corporation and PetroVietnam, discovered significant crude oil reserves in Vietnam’s 15-2/17 block. The Hai Su Vang-1X exploration well revealed a promising resource base, bolstering SK Earthon’s international exploration and production portfolio.

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.

James Chater explains why, even though oil & gas are prospering at the moment, it is good to look towards the future

Malaysian state energy firm Petronas plans an "aggressive" expansion in Indonesia that will see it create a hub for its operations in East Java...

CNOOC has brought onstream its Xijiang 30-1 development project in the Xijiang 30-2 oil field in the eastern South China Sea ahead of schedule. The...

PLUS Exploration partners with Chinese investors to establish Thailand's inaugural base metal production plant, promoting circular economy principles.