Tag: Petronas

Jadestone as an upstream investor in 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 signs an agreement with PETRONAS Chemicals Group

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 to acquire 25% equity in LNG Canada project

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.

JAPEX-PETRONAS-NOC sign deal for Garraf

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.

JX Nippon to work at Beryl gas field

JX Nippon Oil & Gas Exploration Corporation has announced that PETROLIAM NASIONAL BERHAD (PETRONAS), the national oil company of Malaysia, has agreed to provide JX Nippon Oil & Gas Exploration (Malaysia) the oil and gas rights of Beryl Gas Field (Beryl), and approved the Field Development Plan (FDP) for Beryl on 27th October 2017.

ABB electrical systems for floating LNG facilities

ABB, the power and automation technology group, won a contract worth more than USD 50M to supply the electrical system for commercial floating liquefied natural gas (FLNG) facilities to be owned by Malaysian oil and gas company PETRONAS.

JGC wins EPCC contract for LNG complex project

newsitemJGC Corporation, as a part of a consortium with JGC Group company, JGC Malaysia, has been awarded a contract by PETRONAS LNG 9 (PL9SB), a wholly owned subsidiary of PETRONAS.

Fluor-Technip JV wins RAPID Refinery contract

newsitemFluor Corporation, in a joint venture with Technip, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the PETRONAS Refinery and Petrochemical Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia.

CB&I to supply ethylene heaters for RAPID Project

CB&I secured a USD 200M contract from Toyo Engineering Corp. for the engineering and supply of ethylene heaters for PETRONAS' Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, Malaysia.

SINOPEC to support PETRONAS on Project RAPID

SINOPEC Engineering formally entered into an engineering, procurement, construction and commissioning (EPCC) package contract for Project RAPID (Refining And Petrochemical Integrated Development) with PRPC, a subsidiary of Petroliam Nasional (PETRONAS).