Petronas signed a four-year contract, valued at $200 million, for GGS's Alligator Tender Rig for operations offshore Malaysia. The Malaysian based oil company, Petronas Carigali, has signed a ...

PETALING JAYA: Petroliam Nasional Bhd (Petronas) has painted a sombre picture of the oil and gas (O&G) industry, stating that the requirement for assets such as rigs would be halved from three ...

PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) aims to ramp up Malaysia’s oil and gas production to two million barrels of oil equivalent per day, as outlined in its 2025 to 2027 activity ...

Eni and Petronas announced 'an exclusive memorandum of understanding to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in ...

Italy’s Eni and Malaysian state oil and gas firm Petronas have agreed to discuss a joint venture that would combine and oversee some of their upstream assets in Malaysia and Indonesia, the ...

Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysia’s national oil and gas firm exit the Argentinian shale region, sources ...

South Korean shipbuilder Samsung Heavy Industries has launched the hull of the floating liquefied natural gas vessel PFLNG Tiga built for Malaysian energy giant Petronas. The FLNG facility for ...

PENANG, Malaysia -- State energy group Petronas on Tuesday announced that its net profit for 2024 declined 34% to 49.1 billion ringgit ($11 billion), marking the second consecutive annual drop ...

KUALA LUMPUR, Feb 25 (Reuters) - Malaysia's state energy firm Petroliam Nasional Bhd reported on Tuesday a drop in profit in 2024 compared to a year ago, amid global volatility and lower oil ...