Sarawak Energy inks power supply deal for Petronas’ LNG complex

Malaysia’s LNG giant Petronas, signed a key term sheet with Sarawak Energy, for electricity supply to its Petronas LNG Complex (PLC) in Bintulu. Courtesy of Petronas Under the key term sheet, SESCO, a unit of Sarawak Energy, will provide 90 … Read More

PTTEP to boost Malaysian energy supply following first gas from deepwater fields

Thailand’s energy player PTTEP has confirmed the start-up of natural gas production from the Rotan and Buluh fields offshore Malaysia, which will increase the domestic LNG production capacity and strengthen PTTEP investment portfolio in the country. The PTTEP-operated Rotan and … Read More

Petronas takes Pacific drillship for Mexico well

Offshore drilling contractor Pacific Drilling has secured a contract for its drillship with Malaysian giant Petronas for operations offshore Mexico. In a fleet status report published earlier this week, Pacific Drilling said that the assignment of Pacific Khamsin drillship to … Read More

Petronas posts nine-months loss

Malaysian energy giant Petronas posted a loss for the nine months of 2020. Courtesy of Petronas The company reported a loss after tax of 19.9 billion Malaysian Ringgit ($4.89 billion), mainly due to impairment loss on assets and lower earnings … Read More

Update: Petronas says two dead after offshore support vessel hits oil platform off Malaysia

This article was updated to include a statement by Petronas, confirming two fatalities. Two crew members from an offshore support vessel died after the vessel collided with an oil platform offshore Sarawak, Malaysia. The Dayang Topaz vessel; Source: Malaysian Maritime … Read More

Petronas drops to loss as LNG sales slip

Malaysian energy giant Petronas dropped to a loss in the first six months of the year. The company noted the results reflect the uncertainties faced by the oil and gas industry as it was further compounded with the effect of … Read More