Tag: Petronas

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 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.

Malaysia’s state-run oil company Petronas and its Argentine counterpart YPF will jointly invest over USD 30bn to build a liquefied natural gas (LNG) plant...

DNV and PETRONAS’ wholly-owned subsidiary, PETRONAS CCS Ventures Sdn Bhd (PETRONAS CCS Ventures), has recently signed a Master Price Agreement for the certification of...

PETRONAS Carigali partners with PTTEP for development of offshore Blocks SK405B and SK410B.

PETRONAS Carigali has made six oil and gas discoveries in five blocks off the coast of Sarawak, Malaysia.

Jadestone Energy Holdings Ltd has become the latest upstream investor in Malaysia through its acquisition of SapuraOMV Upstream (PM) Inc (SapuraOMV PM). SapuraOMV PM holds participating interests in producing assets located offshore Peninsular Malaysia, namely the AAKBNLP, PM318, PM323 and PM329 Production Sharing Contracts (PSC).

Dow has recently signed an agreement with PETRONAS Chemicals Glycols, a subsidiary of PETRONAS’ petrochemical arm and Malaysia’s leading chemicals producer, PETRONAS Chemicals Group Berhad, to collaborate on a carbon project at PETRONAS’ world-scale ethylene oxide (“EOâ€?) production facility in support of the Official Carbon Partnership between Dow and the International Olympic Committee (IOC).

Petronas is pleased to announce that its wholly-owned entity, the North Montney LNG Limited Partnership (“NMLLPâ€?), has entered into a purchase and sales agreement for an equity position in the LNG Canada project in Kitimat, British Columbia, Canada.

Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced that Japex Garraf Ltd.(consolidated subsidiary of JAPEX), PETRONAS Carigali Iraq Holding BV (as Operator, hereinafter “PETRONASâ€?) and North Oil Company (Iraqi national oil company as a state partner, hereinafter “NOCâ€?) have reached an agreement to implement further development of Garraf Oil Field in the Republic of Iraq to increase production in accordance with the Final Development Plan (hereinafter “FDPâ€?) approved by the Iraqi authority.