The Malaysian state-owned company will carry out further analysis to assess the results and gauge the discovery’s potential.

Exciting times for OceanSTAR and Petronas! A 15-year FPSO contract for the Sepat Field in Malaysia. #OceanSTAR #Petronas #FPSO #OffshoreDrilling ...

Malaysian national oil company Petronas has again cancelled an attempt to secure a floating production, storage and offloading vessel for the Limbayong project which was to be its first deep-water ...

HOUSTON/CARACAS (Reuters) - Malaysian oil company Petronas said it is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt, after what sources close to the venture and within the ...

The FINANCIAL — The Saudi Arabian Oil Company (Saudi Aramco) and Petroliam Nasional Berhad (PETRONAS) on February 28 signed a Share Purchase Agreement (SPA), allowing Saudi Aramco’s equity ...

Malaysia’s energy behemoth Petronas has issued a Letter of Award (LOI) to the nation’s shipping giant MISC for the long-term ...

Malaysia's state-owned Petronas expects the Angsi oil field in the South China Sea to produce 65,000 b/d of oil and 450-mil cu ft/day of natural gas at its peak. Malaysia's state-owned Petronas ...

is aiming to sell a large minority stake in a prized upstream local gas project for up to $1 billion as it seeks to raise cash and cut development costs, two sources familiar with the matter said.

Exciting developments in Asia Pacific's upstream sector! Offshore projects ramp up and deepwater drilling returns, securing ...

PETALING JAYA: The claim that Petronas retained 95% of Sarawak’s oil and gas (O&G) revenue over the past five decades is misleading, as it overlooks key financial flows back to the state, says an ...

Petronas has awarded 15 contracts for four of its upstream projects to five local fabricators. Petronas has awarded 15 contracts for four of its upstream projects to five local fabricators. The ...

HOUSTON/CARACAS (Reuters) - Malaysian oil company Petronas said it is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt, after what sources close to the venture and within the ...