Petronas

ETRONAS Diversifies Its Global LNG Fleet With Three Newbuild Vessels

May 7, 2021

PETRONAS Diversifies Its Global LNG Fleet With Three Newbuild Vessels

Maritime | Energy Facts Staff Writer | 4min

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PETRONAS today announced a new oil and gas discovery in the Sirung-1 wildcat exploration well of Block SK405B Production Sharing Contract (PSC), located in the shallow waters of Balingian Province, about 237 kilometres off the coast of Miri, Sarawak, Malaysia. The Sirung-1 exploration well was successfully drilled to a total depth of 2,538 metres in February 2021. The discovery of significant oil and gas column – exceeding 100 metres within the Oligocene to Middle Miocene sandstone reservoirs – further validates the potential of Balingian Province, with remaining prospects yet to be explored. PTTEP Sarawak Oil Limited as the operator holds 59.5 per cent, MOECO Oil (Sarawak) Sdn Bhd holds 25.5 per cent and PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, holds the remaining 15 per cent participating interest in Block SK405B. The PSC was signed in November 2017 as a result of the Malaysia Bid Round (MBR) 2015. PETRONAS Vice President of Exploration, Upstream, Emeliana Rice-Oxley said: “The Sirung-1 discovery further proves the presence of oil, especially in the under-explored deeper play within the Balingian Province. This came after similar success in an infill well at D18 Field. We are well-positioned to pursue a similar play in the other two neighbouring blocks in the same province, namely Blocks SK411 and SK306. As such, developing this block and other surrounding areas remains an integral part of PETRONAS and our partners’ long-term growth plans. “We are very encouraged by the continued success with our partners on the consecutive discoveries this year in Malaysia and remain optimistic in our exploration activities for 2021,” she added. For MBR 2021, PETRONAS is offering 13 new opportunities in the prolific basins of Malaysia which are also accompanied by enhanced fiscal and non-fiscal terms. This initiative is part of PETRONAS’ continuous efforts to grow with its partners in Malaysia.

April 11, 2021

Petronas Announced New Oil and Gas Discovery at Offshore Block SK405B

Oil & Gas | Energy Facts Staff Writer | 4min

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PETRONAS' Upstream Operations Declares Force Majeure on Its Yetagun Field

April 9, 2021

PETRONAS’ Upstream Operations Declares Force Majeure on Its Yetagun Field

Oil & Gas | Energy Facts Staff Writer | 4min

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March 29, 2021

PETRONAS Becomes World’s First To Produce LNG From Two Floating Facilities

Oil & Gas | Energy Facts Staff Writer | 5min

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Dokong Gas Discovery Spurs New Potential in Baram, Offshore Malaysia

March 3, 2021

Dokong Gas Discovery Spurs New Potential in Baram, Offshore Malaysia

Oil & Gas | Energy Facts Staff Writer | 4min

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PETRONAS Makes Oil Discovery in East Java, Indonesia

March 1, 2021

PETRONAS Makes Oil Discovery in East Java, Indonesia

Oil & Gas | Energy Facts Staff Writer | 4min

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PETRONAS FLNG DUA Marks Its Commissioning with The Production of First LNG

February 23, 2021

PETRONAS FLNG DUA Marks Its Commissioning with The Production of First LNG

Oil & Gas | Energy Facts Staff Writer | 4min

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PETRONAS Carigali Takes Over Operatorship of E11 Gas Hub, Offshore Sarawak

January 9, 2021

PETRONAS Carigali Takes Over Operatorship of E11 Gas Hub, Offshore Sarawak

Oil & Gas | Energy Facts Staff Writer | 3min

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Fugro Awarded Petronas Contract in Guyana-Suriname Basin

January 4, 2021

Fugro Awarded Petronas Contract in Guyana-Suriname Basin

Maritime | Energy Facts Staff Writer | 3min

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MV Avenir Advantage PETRONAS Completes First LNG Bunkering Delivery

November 15, 2020

PETRONAS Completes First LNG Bunkering Delivery

Oil & Gas | Energy Facts Staff Writer | 3min

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Vessel Collision at Baram Platform

October 29, 2020

125 Personnel Jumped Overboard After Vessel Collision at Baram Platform

Oil & Gas | Energy Facts Staff Writer | 2min

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PETRONAS Research Joins FASTsubsea’s Subsea Pump Development

August 14, 2020

PETRONAS Research Joins FASTsubsea’s Subsea Pump Development

Oil & Gas | Energy Facts Staff Writer | 2min

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