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Tuesday, 6 February 2018

Sapura Energy bags RM905m worth of contracts

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Sapura Energy Bhd, formerly known as SapuraKencana Petroleum Bhd, said it has secured several contracts with a combined value of about RM...
Friday, 2 February 2018

Petronas sweeps six of 19 blocks awarded in Mexico oil auction

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Royal Dutch Shell snapped up nine of 19 Gulf of Mexico oil and gas blocks awarded in a Mexican auction on Wednesday, as the global oil ma...
Thursday, 1 February 2018

Barakah starts the year on clean slate

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Barakah Offshore Petroleum Bhd had expected to maintain its profitability in the financial year ended Dec 31, 2017 but delays in its Peng...
Wednesday, 10 January 2018

Gas leak at Petronas SSGP in Lawas

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A gas leak occured at 1.45am today at Petronas Sabah-Sarawak Gas Pipeline (SSGP) located in Long Luping, Lawas district in Limbang Divisi...
Thursday, 23 November 2017

Petronas Q1 profit after tax surges 124% to RM10.3b on higher prices

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Petroliam Nasional Bhd (Petronas) chalked up a solid performance in the first quarter ended March 31, 2017 with profit after tax surging ...
Monday, 20 November 2017

Petronas asked to exit Myanmar in protest of Rohingya crisis

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Malaysian members of parliament on Wednesday asked state energy firm Petroliam Nasional Bhd , or Petronas, to exit its Myanmar operations...
Thursday, 26 October 2017

Petronas, Aramco seeking US$8 bil for Malaysian project

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Petronas and Saudi Aramco are seeking to raise US$8 billion for a refinery and petrochemical complex via a bridge loan, Project Finance I...
Wednesday, 25 October 2017

Pengerang Integrated Complex 77 Pct Complete, To Be Fully Operational In Q1 2019

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The construction of the Pengerang Integrated Complex (PIC), which forms part of the Pengerang Integrated Petroleum Complex (PIPC), has ac...
Monday, 23 October 2017

Global oil demand will pass 100 million barrels per day by 2020, says OPEC

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OPEC General Secretary Mohammad Barkindo said Thursday that oil markets are rebalancing at "an accelerating rate" and that he f...
Thursday, 19 October 2017

Subsea 7 and Sapura Energy Terminate Joint Venture

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Subsea 7 has agreed with Sapura Energy Berhad to discontinue the SapuraAcergy joint venture. SapuraAcergy’s heavy-lift and pipelay vess...