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Wednesday, 31 October 2012

Petronas Carigali discovers additional oil fields in Bertam

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Petronas Carigali Sdn Bhd and Lundin Oil have jointly discovered additional oil fields, under a production sharing contract, (PSC) at Block ...

Petronas agrees to Canada extension on C$5.17b Progress bid, sources say

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Malaysian state oil firm Petronas has agreed to the Canadian government’s extension of a review of its C$5.17 billion (RM15.6 billion) bid f...
Tuesday, 30 October 2012

Bumi Armada's Nigeria contract extended one-yr

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Bumi Armada Bhd's contract to provide its floating production, storage and offloading (FPSO) unit in the Okoro-Setu field, off Nigeria, ...
Monday, 29 October 2012

ROC announces successful Balai Cluster appraisal well offshore Malaysia

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BC Petroleum Sdn Bhd (BCP), the Company incorporated to operate and manage the Balai Cluster Risk Service Contract (RSC) in Malaysia, ha...

Govt wants Petronas to revise bid or do its best for Canadian project

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The government wants Petronas, Malaysia’s national oil and gas company, either to rebid or do its best to ensure the success of its C$5.17 ...
Thursday, 25 October 2012

Raise Sabah’s oil royalty, urges assemblyman

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Datuk Syed Abas Syed Ali has called for a doubling of Sabah’s oil royalty payments by Petroliam Nasional Bhd (Petronas) from the present fi...
Wednesday, 24 October 2012

Petronas sets up new unit - Exploration Production Operations Maintenance (EPOM)

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A newly set-up subsidiary of Malaysia’s state operator Petronas Carigali is set to take over the operations of the Gumusut Kakap semi-s...
Tuesday, 23 October 2012

Petronas Rejection Casts Doubt on Cnooc $15.1 Billion Bid

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Canada’s rejection of a bid by Malaysia’s state oil company for Progress Energy Resources Corp. (PRQ) casts doubt on Beijing-based Cnooc...

Petronas completes acquisition of two companies in Philippines

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Petronas Dagangan Bhd (PDB) has completed the acquisition of Petronas Energy Philippines Inc (PEPI) and Duta Inc (Duta) in accordance wit...
Monday, 22 October 2012

Canada Rejects Petronas’s Bid for Progress Energy

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Canada blocked Petroliam Nasional Bhd.’s C$5.2 billion ($5.23 billion) takeover of Progress Energy Resources Corp. (PRQ), saying the bid ...