Negotiations between Petronas and Petros have stalled since last year, raising concerns over the impact on federal revenue.

Gumusut-Kakap, Shell’s first deep-water project in Malaysia, lies at a depth of 1,200m and began production in 2014. Shell ...

The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...

Armada has partnered with offshore-focused communications firm Tampnet to provide Edge compute to oil rigs in the Gulf of Mexico. Tampnet and Armada have announced a partnership aiming to offer on-rig ...

UOBKH Research noted that PETRONAS has yet to contract the six and 13 JU rigs for the 2025 and 2026 horizon, after all 13 JU rights had been awarded for 2024. The operating environment in Malaysia ...

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 ...

The company presently is operating around 20 rigs and aims to increase ... with a lot of international oil companies like TotalEnergies, Chevron, Petronas, PTTEP for tie-ups,” the official ...

Eni and Petronas have signed an exclusive memorandum of understanding ... The joint venture will combine approximately 3 billion barrels of oil equivalent (boe) of reserves with an additional 10 ...

HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas ...

The Edge Malaysia has reported Petronas as saying that LNG Canada’s first liquified natural gas shipment is expected to be in July 2025. The article cites delays around cold weather, but this timeline ...

HLIB Research noted that although PETRONAS’ total capex of RM34.3bil for the first nine months of 2023 lagged the average committed amount of RM60bil a year, it expected the national oil and gas ...

Petroliam Nasional, or Petronas, reported a profit after tax of 55.1 billion ringgit ($12.47 billion) in 2024 compared to 80.7 billion ringgit in 2023. Revenue in 2024 fell to 320 billion ringgit from ...