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Displaying 1 - 10 of 15 articles
Malaysia's Petronas has inked two gas supply deal with companies from Singapore and Indonesia. Petronas has agreed to supply 43 million standard cubic feet per day (mmscfd) of natural gas to Singapore Keppel Energy Pte Ltd, a subsidiary of Singapore-listed Keppel Corp Ltd. The deal is reportedly...
Malaysian energy firm Petronas is mulling to acquire a Canadian gas asset acquisition as the stae owned company looks to enhance supplies to meet energy demand in the region, Bloomberg reported Monday. "I want to grow big in Australia and Canada," company’s chief executive Officer Shamsul Azhar...
Gas Malaysia has signed an agreement to buy natural gas from state owned oil and gas company Petronas, Gas Malaysia’s parent company MMC Corp said in a statement to the Malaysian stock exchange Thursday. The deal is reportedly worth more than $26 billion. The agreement for an equivalent...
Petroliam Nasional Bhd’s (Petronas) two new gas discoveries offshore Sarawak will continue to fuel the excitement for oil and gas investments in and around the state. According to an analyst from Am Research Sdn Bhd (AmResearch), while these new gas finds would need another three to five years...
Petronas has made two gas discoveries offshore Borneo islands. Petronas made the two gas discoveries in Kasawari and NC8SW fields off the coast of Sarawak on Borneo island. Preliminary assessments carried out in early February 2012 indicated that gas-in-place for the Kasawari field was over five trillion...
Halliburton is setting up a shale technical center in Kuala Lumpur in cooperation with Petronas to extend the U.S. company's capability in the region, Reuters reported. Halliburton wants to extend abroad its leadership in shale drilling in North America, where growth is slowing down. "Expanding into...
Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (Petronas) plan to build a 300 MW gas plant and liquefied natural gas (LNG) terminal in Sabah. The project is expected to be complete by 2015. The LNG will be meant for the city of Lahad Datu.
Inpex has received approval by Petronas to acquire a 75% participating interest in the deepwater Block S and a 37.5% participating interest in the deepwater Block R through its subsidiaries, Inpex said in a statement Tuesday. These blocks are located offshore Sabah, Malysia. Block S lies 120 km (74.
Malaysia's power firm Tenaga Nasional is expected to begin talks with liquefied natural gas suppliers, including Shell and Total, for gas supples, media reports said. The company said it is ready to purchase gas for power generation at open market prices upon completion of the liquefied natural gas...
Lundin Petroleum has struck gas in the Cempulut-1 well at a total depth of 1,095 meters offshore Sabah in East Malaysia.During drilling in Block SB303, the well intersected a large Late Miocene carbonate reef with excellent reservoir properties and the gross total vertical pay thickness encountered is approx.