Petronas Archives - Energy Analytics Institute (EAI)

Petrobras inks $450mn in contracts to restore 100% interest in 2 Campos basin fields

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 9.Apr.2026, Words: 259) — Petrobras signed contracts with Petronas Petróleo Brasil Ltda. for the acquisition of 50% interests […]

Subsea7 and SLB OneSubsea ink strategic collab with PETRONAS Suriname

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Apr.2026, Words: 267) — Subsea7 signed a strategic collaboration agreement between PETRONAS Suriname E&P B.V., a subsidiary […]

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) […]

PETRONAS and Staatsolie declare commerciality for Sloanea field offshore Suriname

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 14.Nov.2025, Words: 315) — PETRONAS, through its wholly-owned subsidiary PETRONAS Suriname E&P B.V. (PSEPBV), together with Staatsolie Maatschappij Suriname […]

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 […]

Staatsolie inks contracts with Petronas and Chevron, advances “Suriname 3.0”

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 5.Nov.2025, Words: 515) — Staatsolie Maatschappij Suriname N.V. signed production sharing contracts (PSCs) for offshore Blocks 9 […]

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 […]

Maiden LNG cargo heading for Asia puts Canada on the LNG exporting club map

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 30.Jun.2025, Words: 574) — The new LNG Canada export facility, located in Kitimat, British Columbia, in […]

TotalEnergies acquires 25% interest in block 53 offshore Suriname

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Jun.2025, Words: 215) — France’s TotalEnergies inked an agreement to acquire the 25% interest held by […]

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 […]

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 […]

Staatsolie and PETRONAS ink PSC for deep offshore block 66

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Jun.2025, Words: 315) — Staatsolie Maatschappij Suriname N.V. signed a production sharing contract (PSC) with PETRONAS Suriname […]

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 […]

Vista Energy boasts P1 reserves of 518.5 MMboe pro forma for PEPASA deal [PDF download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 2.Jun.2025, Words: 229) — Mexico City-based Vista Energy, S.A.B. de C.V. reported year-end 2024 proved (P1) reserves […]

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 […]

Vista acquires Petronas Argentina in $1.5bn deal, boosting Vaca Muerta position

MEXICO CITY, MEXICO (Editors at Energy Analytics Institute, 16.Apr.2025) — Vista Energy, S.A.B. de C.V. announced that its subsidiary Vista Energy Argentina S.A.U has acquired […]

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 […]

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 […]

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 […]

Staatsolie Provides Highlights of Key 2024 Activities

PARAMARIBO, SURINAME (Staatsolie, 30.Dec.2024) — With the approval of the development plan and the announcement of the final investment decision (FID) for a production field […]

YPF and Shell Ink PDA for $55bn Argentina LNG 10 MTPA Phase 1

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 19.Dec.2024) — YPF SA president and CEO Horacio Marín, and Shell‘s executive vice resident of LNG Cederic […]

Shell inks deal in The Hague to enter Argentina LNG

HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 19.Dec.2024) — Shell plc signed a major development agreement for the ambitious Argentina LNG export project. The deal […]

The Vaca Muerta Gas-export Plan is a Pipe Dream

(Reuters, 21.Nov.2024) — Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government’s free-market approach to paying […]

ExxonMobil Withdraws from Suriname Block 52

(Piero Stewart, Energy Analytics Institute, 20.Nov.2024) — ExxonMobil Exploration & Production Suriname B.V. formally notified Suriname’s state-owned Staatsolie that it will withdraw from Suriname offshore Block […]

Tecpetrol and Pampa Energía Move Forward with Plans for Bahía Blanca

(Energy Analytics Institute, 29.Oct.2024) — Vaca Muerta shale formation producers Tecpetrol and Pampa Energía are reportedly moving forward with plans to utilize the Bahía Blanca […]

LatAm NRG Matters: Highlights, Heard

(Energy Analytics Institute, 27.Sep.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024. —Argentina: Petronas is rumored […]

YPF CEO Marín Downplays Petronas Drama

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 24.Sep.2024) — YPF President and CEO Horacio Marín downplayed the impact of Petronas deciding not to move forward […]

PETRONAS and SIM Distribuidora to Pilot Three Fuel Stations in Brazil

(Petronas, 1.Aug.2024) — Petroliam Nasional Berhad (Petronas) launched its first brand licensing initiative in partnership with SIM Distribuidora, that will operate three pilot fuel retail […]

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 […]

Petronas Discovery in Suriname Approaches 400 MMbbls

(Petronas, 16.May.2024) — Addressing the recent deepwater discovery by Petronas in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea’s […]

Petronas, ExxonMobil Report Find in Suriname’s Offshore Block 52

(Petronas, 16.May.2024) — Petronas Suriname E&P B.V., a subsidiary of Petronas, has made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well […]

PETRONAS Signs PSC for the Bobara Working Area, Eastern Indonesia

(PETRONAS, 14.May.2024) — PETRONAS E&P Bobara Sdn. Bhd., a subsidiary of PETRONAS, signed a Production Sharing Contract (PSC) for the Bobara Working Area located at […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Staatsolie, PETRONAS, ExxonMobil ink block 52 LoA

PARAMARIBO, SURINAME (By Staatsolie, 4.Mar.2024, Words: 515) — Staatsolie Maatschappij Suriname N.V. signed a Letter of Agreement (LoA) with PETRONAS and ExxonMobil on 4 Mar. 2024. […]

QatarEnergy Inks PSCs for Offshore Suriname Blocks

(QatarEnergy, 15.Dec.2023) — QatarEnergy signed two Production Sharing Contracts (PSCs) for Suriname’s offshore Blocks 64 and 65, which it had won during a bid round […]

TotalEnergies Expands Presence in Suriname with New License

(TotalEnergies, 15.Dec.2023) — TotalEnergies and its partners QatarEnergy and Petronas signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname, the state-owned oil […]

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 […]

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, […]

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 […]

EAI’s NRGBriefs: Jun. 2023

(Energy Analytics Institute, 30.Jun.2023) — Energy briefs as well as others related to finance and projects during June 2023 including YPF and Petronas updating on […]

QatarEnergy Inks PSC for Agua-Marinha Block

(QatarEnergy, 3.Jun.2023) — QatarEnergy, and its joint-venture partners TotalEnergies, Petrobras, and PETRONAS Petróleo Brasil Ltda. (PPBL) signed the Production Sharing Contract (PSC) for the Agua-Marinha block […]

Petrobras Receiving R$1.3bn Earnout from Sépia

(Petrobras, 27.Jan.2023) — Petrobras received today, up front, the amount of R$1.3bn, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related […]

Noble Provides Operational and Financial Update

(Noble Corp. 21.Jan.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) today provides an operational and financial update for the fourth quarter of 2022 as […]

Brazil Bid Round Alert: Welligence

(Welligence, 16.Dec.2022) — Brazil bid round alert! The first PSC Permanent Offer round was held today, with 4 of the 11 blocks on offer in […]

Petrobras on ANP 1st Cycle Auction Result

(Petrobras, 16.Dec.2022) — Petrobras acquired the Sudoeste de Sagitário, Água Marinha and Norte de Brava blocks in the 1st Cycle of Permanent Production Sharing Offer […]