PARIS, FRANCE (By TotalEnergies, 2.Jul.2026, Words: 156) — TotalEnergies announces divestment to INPEX of its 85% interest in block 2E offshore Malaysia, representing a net interest of 8.5% in the Marjoram gas field currently under development, for a consideration of $350mn. “This agreement is fully aligned with our strategy of actively managing […]
Category: Malaysia
Malaysia energy
LNG Alliance and GOB to develop FSU-based LNG import terminal in Malaysia
MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 26.May.2026, Words: 300) — Green Oscasaba Sdn Bhd (GOSB) and LNG Alliance Pte. Ltd., Singapore inked a strategic collaboration to develop a 1.2 million tonnes per annum (MTPA) LNG import and regasification infrastructure in Lahad Dat, Sabah. The infrastructure will support the rapidly […]
McDermott inks EPCIC contract for natural gas development offshore Brunei
HOUSTON, TEXAS (By McDermott, 9.Dec.2025, Words: 252) — McDermott secured a subsea contract from PETRONAS Carigali Brunei Ltd. for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei Darussalam. This development represents one of the country’s most significant conventional gas projects. The award follows McDermott’s […]
EAI brief: PETRONAS names Dato’ Seri TPr (Dr.) Maimunah Mohd Sharif as property advisor
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 13.Nov.2025, Words: 151) — PETRONAS announced appointment of Dato’ Seri TPr (Dr.) Maimunah Mohd Sharif as its property advisor taking effect from 17 Nov. 2025. Maimunah will guide in shaping the next phase of growth in its property portfolio, primarily with regards […]
Viridien announces new geologic study to evaluate Langasuka basin offshore Malaysia
PARIS, FRANCE (By Viridien, 21.Oct.2025, Words: 165) — Viridien, in collaboration with Malaysia Petroleum Management (MPM), PETRONAS, is completing an integrated geological study designed to provide new prospectivity insights into the underexplored Langkasuka Basin, located within the Malacca Strait offshore area to the west of Peninsula Malaysia. The insights generated will […]
4 places Chevron and Hess merger will have the most impact: Guyana, GOM, Bakken, Asia
HOUSTON, TEXAS (By Chevron, 23.Jul.2025, Words: 433) — With the merger complete, Chevron and Hess are moving forward with integrated operations—and looking forward to a quick, efficient transition. When two companies come together, the result should be more than just bigger—it should be better, too. With Hess joining Chevron, the […]
EAI Brief: Eni CEO Claudio Descalzi meets with Petronas CEO, Malaysia PM Anwar Ibrahim
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 2.Jul.2025, Words: 250) — Eni‘s CEO Claudio Descalzi met with Petronas CEO Tengku Muhammad Taufik as well as Malaysia’s prime minister Anwar Ibrahim in Rome. During the meeting in Rome, the 3 parties discussed the progress of the business combination between Eni’s […]
PETRONAS and JOGMEC ink memorandum to explore strategic bilateral LNG arrangements
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 23.Jun.2025, Words: 200) — PETRONAS LNG Sdn. Bhd. (PLSB), a subsidiary of Petroliam Nasional Berhad (PETRONAS) and Japan Organization for Metals and Energy Security (JOGMEC) signed a memorandum of cooperation (MOC) to expand the collaboration framework in the liquefied natural gas (LNG) sector, […]
Woodside and Petronas ink HOA for 1 MTPA of LNG over 15 years starting in 2028
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 18.Jun.2025, Words: 357) — Woodside Energy and PETRONAS, through its subsidiary PETRONAS LNG Ltd (PLL), signed a non-binding heads of agreement (HOA) for the supply of 1 million tonnes per annum (MTPA) of liquefied natural gas to Malaysia from 2028 for a period […]
TotalEnergies expands Malaysia’s portfolio strengthening its ties with PETRONAS
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 16.Jun.2025) — During Energy Asia 2025 in Kuala Lumpur, TotalEnergies announced the acquisition from PETRONAS of interests in multiple blocks offshore Malaysia and in 1 block offshore Indonesia, where exploration, appraisal and development programs will be progressed. The licenses, which are all […]
Venezuela’s ‘Black Gold’: opportunity loss of 2.1 MMb/d from 6 new proposed upgraders
PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 9.Jun.2025, Words: 1,600) — Proposals for 6 new joint ventures (JVs) in Venezuela’s Orinoco heavy oil belt, or Faja, aimed to increase the South American country’s heavy and extra-heavy crude oil (EHCO) production capacity by an additional 2,090,000 […]
Eni starts production at Merakes east field offshore Indonesia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.May.2025, Words: 460) — Eni started natural gas production at the Merakes east field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni operates with a 85% working interest) and will contribute up to 100 million standard […]
PEGT working to stabilize gas supply after Putra Heights pipeline fire
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Apr.2025) — Petronas Energy & Gas Trading Sdn. Bhd. (PEGT) has taken proactive steps to minimize the impact of natural gas supply interruptions following the Putra Heights pipeline fire incident. This, by securing additional gas supply volume to affected areas. PEGT is actively […]
The IMF Says Southeast Asia’s Economies to Benefit from Packaging Ambitious Reforms
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Mar.2025) — Combining deliberate, ambitious structural overhauls can help the Southeast Asia region’s largest economies achieve higher potential economic growth and sustainably attain high income levels, according to the International Monetary Fund (IMF). The IMF said that Southeast Asia’s major economies have made […]
Eni and Petronas Combination to Create new Southeast Asian Energy ‘Major’
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Feb.2025) — Italy’s Eni SpA and Malaysia’s national oil company Petronas announced plans to combine select upstream assets from their Indonesia and Malaysia portfolios to form a new, standalone and self-funded joint venture (JV). The JV is expected to have some 3 billion […]
TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, a global investment platform, signed a Framework for Action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa […]
Petronas Transfers KBBC PSC Operatorship to ConocoPhillips
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) — Petronas, through Malaysia Petroleum Management (MPM), marked a milestone in the strategic development of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) with the official transfer of operatorship to ConocoPhillips Sabah Gas Ltd. With an export capacity up to 750 million […]
Petronas Takes FID for Hidayah Development Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Petronas subsidiary PC North Madura II Ltd., reached a final investment decision (FID) for the Hidayah field the development, located in the North Madura II Contract Area, East Java, Indonesia. PC North Madura II Ltd. operates Hidayah with 100% participating interest […]
Hess Reports Higher 3Q:24 Adj. Net Income, Higher Bakken Output (PDF Download)
(Hess, 30.Oct.2024) — Hess Corporation reported net income of $498mn, or $1.62 per share, in the third quarter of 2024, compared with net income of $504mn, or $1.64 per share, in the third quarter of 2023. On an adjusted basis, the corporation reported net income of $660mn, or $2.14 per […]
Hess gets HSR clearance for Chevron merger
NEW YORK CITY, NEW YORK (Hess Corp., 30.Sep.2024, Words: 381) — Hess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. “We are very pleased that our merger with Chevron has cleared this significant regulatory hurdle,” said CEO John Hess. […]
Strohm’s TCP Jumpers Installed Offshore Malaysia
(Energy Analytics Institute, 18.Sep.2024) — Strohm has overseen the successful installation of its thermoplastic composite pipe (TCP) Jumper technology at the Deepwater Sabah project offshore Malaysia. The technology was installed by contractor McDermott on behalf of an international operator. It is the second time the firm’s TCP product has been […]
EnerMech Secures Two Major Pipeline Pre-Commissioning Contracts
(EnerMech, 19.Aug.2024) — EnerMech has been awarded two significant pipeline pre-commissioning contracts in offshore East Malaysia, marking a substantial milestone in the expansion of its critical pipeline and subsea activities within the region in both deep and shallow water environments. These contracts have been secured with two tier-one contractor clients, both […]
PETRONAS, Enilive and Euglena Take FID on Biorefinery in Malaysia
(Eni, 26.Jul.2024) — Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.), and Euglena Co., Ltd. have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia. The three companies will establish a joint venture […]
TotalEnergies Sells Subsidiary in Brunei
(TotalEnergies, 14.Jun.2024) — TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of $259mn. The transaction is expected to close in the fourth quarter 2024. TotalEnergies EP (Brunei) […]
PETRONAS Signs a 20-Year PSC Extension Deal for Ketapang Contract Area
(PETRONAS, 14.May.2024) — IPC Ketapang II Ltd. (PCK2L), a subsidiary of PETRONAS, signed a Production Sharing Contract (PSC) extension for the Ketapang Contract Area located in the Java Sea following the approval granted by the Government of Indonesia through the Ministry of Energy and Mineral Resources on 21 Dec. 2023, […]
PETRONAS Comments on Power Loss at LNG Complex in Bintulu
(Energy Analytics Institute, 14.May.2024) — PETRONAS subsidiary Malaysia LNG Group of Companies (MLNG) encountered a loss of power at around 11:30 p.m. on 10 May 2024 at the PETRONAS LNG Complex (PLC) in Bintulu. Prior to the incident, the facility was operating at optimal efficiency, PETRONAS said 14 May in an […]
PGS Commences MultiClient 3D Survey in Penyu Basin, Offshore Malaysia
(PGS, 3.Apr.2024) — PGS, a fully integrated marine geophysical company, together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient 3D seismic project located in the Penyu Basin, offshore Peninsular Malaysia. The Ramform Sovereign vessel was mobilized to the acquisition area in Mar. 2024 and […]
TGS Starts Penyu Basin Multi-Client Offshore Peninsular Malaysia
(TGS, 3.Apr.2024) — TGS, a global energy data and intelligence provider, alongside JV consortium partners PGS and SLB, announces the commencement of a multi-client 3D seismic project in the Penyu Basin, offshore Peninsular Malaysia. In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of petroleum resources in Malaysia, this project […]
PETRONAS and JERA to Explore Value Chain Between Japan and Malaysia
(PETRONAS, 2.Apr.2024) — PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (PCCSS), recently signed a Joint Study Agreement (JSA) with JERA Co., Inc, to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide (CO2) emitted by JERA in […]
Petronas Reports Strong 2023 Financials
(PETRONAS, 31.Mar.2024) — For the financial year ended 31 Dec. 2023, PETRONAS recorded lower revenue of RM343.6 billion, mainly impacted by lower average realised prices. This is partially offset by improved sales volumes mainly from petroleum products and foreign exchange impact. PETRONAS continues to exercise strict capital discipline and robust portfolio […]
Petronas FutureTech 3.0 Accelerates Growth of Startups in Sustainable Innovations
(Petronas, 31.Oct.2023) — Petronas’ accelerator programme, Petronas FutureTech 3.0 selected at its Demo Day today 10 technology-driven startups that have shown the most potential in developing impactful, future-focused and sustainable innovations which are able to meet energy transition needs. Five selected startups including Entomal Biotech Sdn Bhd, Wildfire Energy Pty […]
Petronas Makes Oil Find in Suriname’s Offshore Block 52
(Petronas, 2.Nov.2023) — Petronas’ subsidiary, Petronas Suriname E&P B.V., has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52. The well, located about 185 kilometers offshore in water depth of 904 meters, was successfully drilled to a total depth of 5,315 meters. It also encountered several […]
Petronas Forms Integrity Alliance with Industry Players
(Petronas, 26.Oct.2023) — Petronas has formed an Integrity Alliance with its vendors to push for a greater governance and integrity culture within the oil and gas industry in line with the company’s policy of zero-tolerance against any form of corruption. The Integrity Alliance Ceremony with the theme ‘Fortifying Trust through […]