Petronas said yesterday that JPMorgan’s decision to exclude the Malaysian national oil company from its ESG Emerging Market Bond Index and ESG Asia Credit Index at the end of June 2021 is regrettable.
A Malaysian manager at Norwegian energy services company Aker Solutions was charged Friday for allegedly making false statements in order to win Petronas licenses in Malaysia.
A senior executive at Norwegian energy services company Aker Solutions is expected to be charged today for allegedly making false statements in order to win Petronas licenses in Malaysia.
Petronas and Hess have agreed amendments to an existing upstream gas sales agreement for fields offshore Malaysia that cements the value of the US-based company’s North Malay Basin assets. This makes any potential divestment process easier as Hess focuses on its prolific acreage offshore Guyana.
Asia’s uneven oil demand recovery has been headlined by China and India, but the Covid-19 comeback that’s swept through other key fuel-consuming nations is complicating a return to pre-pandemic levels.
Oilfield services and technology company Schlumberger has announced an enterprise-scale deployment of advanced digital solutions for Malaysian national oil company (NOC) Petronas, to accelerate the NOC’s field development planning.
Serba Dinamik, one of Malaysia’s leading oil and gas service and equipment companies, has been put on a Rating Watch Negative (RWN) list by Fitch Ratings as the firm faces an investigation over unverified contracts.
Malaysian-listed Hibiscus Petroleum has confirmed it will buy a handful of Southeast Asian assets from Spain’s Repsol for $212.5 million.
The former boss of Malaysian national oil company (NOC) Petronas, Tan Sri Wan Zulkiflee, will be removed from ExxonMobil’s board just four months after being appointed, after investors rejected him in a historic vote.
Spanish player Repsol has agreed to sell its operated assets in Malaysia and Block 46 CN in Vietnam to Kuala-Lumpur listed Hibiscus Petroleum. Operating the new assets will mark a massive step up for Hibiscus.
TechnipFMC will carry out the engineering, procurement, construction, installation and commissioning contract for the subsea production system, umbilical, riser and flowline (SURF) at Petronas’ Limbayong deep-water development offshore Malaysia.
Malaysian national oil company (NOC) Petronas reported that profit after tax more than doubled year-on-year to MYR 9.3 billion ($2.26 billion) for the first quarter of 2021 on the back of recovering commodities prices and lower costs.
Velesto Energy’s NAGA (dragon) 7 jack-up drilling rig that sunk offshore Malaysia last month while under contract to ConocoPhillips will be abandoned.
Westwood Global Energy reported that Repsol has opened commercial packages for its outstanding jack-up tender for drilling offshore Malaysia and is going through final evaluations before sending it to Petronas for approval.
The sinking of Velesto Energy’s NAGA (dragon) 7 jack-up rig offshore Malaysia has prompted investment firm CGS-CIMB to upgrade the drilling company as the closed-door investigation into the accident continues.
Seadrill Partners will use its West Capella drillship to drill four wells offshore Malaysia for an unnamed client in a deal worth about $43 million.
Canadian-based International Petroleum Corporation (IPC) has taken full control of the Bertam field offshore Peninsular Malaysia.
Malaysian offshore service provider Tanjung Offshore, part of T7 Global, has received a $12.2 million contract from Petronas for the provision of plug and abandonment integrated services on the Pulai A field offshore Malaysia.
Malaysia’s Velesto Energy is evaluating potential recovery options for its jack-up drilling rig NAGA (dragon) 7 that sunk off the Malaysian state of Sarawak while working for ConocoPhillips.
A jack-up drilling rig owned by Malaysia’s Velesto Energy, and working for ConocoPhillips, off the Malaysian state of Sarawak, has sunk.
UK listed Jadestone Energy is buying SapuraOMV’s Peninsular Malaysia assets in a deal worth up to $15 million that will increase the company’s total reserves by more than 30%.
Asia Pacific has been driving global upstream sanctioning activity over recent months with multiple projects approved in Malaysia and Australia.
Thailand’s PTT Exploration & Production (PTTEP) reported net profit of $376 million for the first quarter 2021 on the back of higher oil prices and gains from the “bargain purchase” of Oman Block 61 from BP.
Malaysian national oil company Petronas has started exporting liquefied natural gas (LNG) to China in ISO tanks from its filling facility in Pengerang, Johor Bahru.
Malaysian national oil company (NOC) Petronas has raised $3 billion through a dual-tranche bond offering.