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PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS, today announced an oil and gas discovery at the Nahara-1 well in Block SK306, located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia.

Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has secured a contract from PETRONAS Carigali Sdn Bhd (PCSB) to undertake the Engineering, Procurement,Construction, Installation and Commissioning (EPCIC) services for the Kasawari CarbonCapture &...

Icon Offshore Bhd announced that the company has sell its jack-up rig to Saudi Arabia-based ADES Saudi Limited for USD85 million (equivalent to approximately RM385.48 million) Previously, in a statement on Aug 30 and Oct 11, Icon Offshore said its wholly owned subsidiary Icon...

PETRONAS Petróleo Brasil Ltda. (PPBL), a subsidiary of PETRONAS has announced its first oil discovery in 4-BRSA-1386D-RJS well in the pre-salt Sépia oil field. In a statement today, PETRONAS said that the well is located in the prolific Santos Basin, about 250 km off...

Velesto Energy Bhd (VEB) announced that its subsidiary Velesto Drilling Sdn Bhd has received a Letter of Award from Hess Exploration and Production Malaysia BV for the Provision of Integrated Rig, Drilling and Completion (I-RDC) services for Hess' North Malay Basin Full Field Development Campaign.

PETRONAS today announced that it has signed a production sharing contract (PSC) with TotalEnergies EP Malaysia (TE), Petronas Carigali Sdn Bhd (PCSB), Sabah Shell Petroleum Company Ltd (SSPC), and Shell Sabah Selatan Sdn Bhd (SSS) for Block 2K, an ultra-deepwater block located off the coast of Sabah.

Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), announced today that its wholly owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE)has secured a contract from Sarawak Shell Berhad (SSB) to undertake the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram...

Japan Drilling Co. (JDC), through its agent in Malaysia, NABA Drilling Sdn Bhd, has secured a new contract to provide drilling services to PETRONAS Carigali Sdn. Bhd. (PCSB) . According to JDC, the contract is for drilling services that will be carried out offshore...

PETRONAS has signed a Production Sharing Contract (PSC) with SK earthon Co., Ltd. (SK earthon) and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast of Sarawak.  In a statement issued, PETRONAS said that SK earthon, a wholly owned...

Kuala Lumpur – Sabah Shell Petroleum Company Limited (SSPC), Shell Sabah Selatan Sdn Bhd (SSS) and Sarawak Shell Bhd (SSB) signed three Production Sharing Contracts (PSC) with PETRONAS, to explore oil and gas offshore Sabah and Sarawak. SSPC and SSB will operate these exploration initiatives. These three PSCs...