Malaysia鈥檚 state-owned energy giant Petronas has awarded Production Sharing Contracts (PSCs) for three oil and gas clusters and one exploration block offered under the Malaysia Bid Round (MBR) 2024, with Shell and ConocoPhillips among the winners鈥
Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank鈥檚 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems鈥
French energy major TotalEnergies has completed the acquisition of OMV鈥檚 and Sapura Upstream Assets鈥 in SapuraOMV Upstream (SapuraOMV), an independent gas producer in Malaysia.SapuraOMV鈥檚 main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310鈥
Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin in Malaysia.The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt鈥
Malaysia-based Velesto Energy has signed a memorandum of understanding (MoU) with Petronas and National Oilwell Varco (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.The MoU aims to establish鈥
U.S. oil major ExxonMobil and partners have pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water oil block, the South American country's vice president said on Thursday.Exxon, U.S.-based Hess鈥
McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and Chinwol field development project in the Gulf of Mexico.Under the contract scope, McDermott will provide comprehensive FEED services for the project's engineering鈥
Suriname's state-run oil company Staatsolie said on Wednesday that ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.'The withdrawal is part of the ongoing evaluation of assets in ExxonMobil's global portfolio鈥
Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China鈥
云顶赌场老虎机 seismic services specialist Shearwater Geoservices has secured a large 3D seismic survey from Petronas in Suriname.The project, covering 6,000 square kilometers, marks the continuation of Shearwater鈥檚 commitment to Petronas in this鈥
Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas (LNG) project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian state-owned energy giant Petronas鈥
Energy firms TotalEnergies, Qatar Energy, Petronas, Cybele Energy, Delcorp and International Group Investment have reached agreements with Guyana over terms of production sharing deals to explore five oil and gas offshore blocks, the energy ministry said on Wednesday鈥
Esgian provides an update on plans for Petronas to return to the deep waters off Mexico in its Week 35 Rig Analytics Market Roundup.Report SummaryContractsMalaysia's Velesto said Monday it has secured a Letter of Award for its 350-ft jackup鈥
Petronas is encouraging Malaysia鈥檚 oil and gas services and equipment suppliers to embrace sustainability principles by providing training and tools to help them adopt new practices.Petronas will help with ESG knowledge and capacity building鈥
Malaysia's Petroliam Nasional (Petronas) will collaborate with Abu Dhabi National Oil Company (ADNOC) and U.K.-based Storegga to evaluate carbon dioxide emissions storage in Malaysia, the companies said on Tuesday.The three companies have signed鈥
