Search results for: Petronas

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  • 24 September 2013

    Moody’s Investors Service assigned a first-time A3 issuer rating to PETRONAS LNG Limited (PLL). The outlook on the rating is stable. “PLL’s A3 issuer rating is positioned two notches below its ultimate parent, Petroliam Nasional Berhad’s (PETRONAS) A1 rating. This top down approach reflects PLL’s full ownership by, and strong operational and financial integration with PETRONAS, […]

  • 10 June 2013

    Malaysia’s national oil and gas company PETRONAS today introduced a refreshed version of its corporate logo at the 2013 Asia Oil and Gas Conference (AOGC 2013) A renewed ‘look and feel’ has been incorporated to the original PETRONAS’ oil drop logo to reflect the visual expression of PETRONAS’ Group Positioning, reimagining energy. The refreshed logo […]

  • 3 September 2018
    Business & Finance

    French geophysical player CGG and Malaysian oil company Petronas Carigali have agreed on a collaboration to provide access to CGG’s latest technology and expertise in high-end seismic and multi-physics imaging, and reservoir characterization.

  • 9 August 2016

    The Government of Sarawak, one of two Malaysian states on the island of Borneo, has introduced a moratorium on all new applications for Petronas positions in the state. However, if an applicant is a Sarawakian, the moratorium does not apply, The Borneo Post has informed. The newspaper has quoted the state’s deputy chief minister Amar Douglas […]

  • 1 July 2019
    Business & Finance

    Reports were based on Petronas’ own Bursa Malaysia filing

  • 4 September 2018
    Business & Finance, Equipment

    CGG and Petronas, have agreed on a collaboration to provide access to CGG’s latest technology and expertise in high-end seismic and multi-physics imaging, and reservoir characterization. CGG received an award of contract from Petronas to develop a Centre for Advanced Imaging (CAI) for five years which will be operated by Petronas at its headquarters located […]

  • 25 May 2020
    Business & Finance, Business developments & projects

    Malaysian energy giant Petronas reported a 6 percent rise in its quarterly liquefied natural gas sales, boosted by higher trading activities. The company’s LNG sales volume stood at 9.99 million tonnes in the first quarter compared to 9.40 million tonnes in the same quarter a year ago. LNG production volumes also increased by 3 per […]

  • 24 April 2018
    Vessels

    Malaysian energy giant Petronas delivered its first liquefied natural gas (LNG) cargo to the South Korean oil refining company, S-OIL Corporation. 

  • 5 April 2013

    Petronas of Malaysia raised the offer price to take over LNG tanker operator MISC Bhd in a deal valued at 9.2 billion ringgit ($3 billion). “We refer to the press notice dated 5 April 2013 in relation to the offer wherein it was announced that the offer price for each Offer Share has been increased […]

  • 22 May 2017

    Malaysia’s Sarawak State government has entered negotiations with Petronas to acquire a 10 percent stake in the ninth liquefaction train at the company’s Bintulu LNG complex.

  • 6 September 2017

    Malaysian oil and gas company Petronas has confirmed that the Malaysian Anti-Corruption Commission (MACC) has arrested its employee for suspected graft. The arrest follows an internal investigation on the employee conducted by Petronas, which later reported the case to MACC, the company said in a statement on Wednesday. Petronas also added it assisted MACC investigators on […]

  • 1 November 2018

    Malaysian energy giant Petronas said on Thursday it has completed its first liquefied natural gas (LNG) supply operation at its Pengerang regasification terminal in Johor. Petronas LNG, a unit of Petronas, supplied the cargo to Babcock Schulte’s 7,500 cubic meter LNG bunkering vessel Kairos. This follows the agreement between Petronas LNG and Uranos Vermögensverwaltungs, a joint venture company […]

  • 13 December 2012
    Business & Finance

    PETRONAS has awarded a Production Sharing Contract (PSC) for Block SB311 offshore Sabah to a partnership of ConocoPhillips Sabah Gas Ltd., Shell Energy Asia Limited and PETRONAS Carigali Sdn Bhd. The block, measuring 1,046 square kilometres, is located in the central part of the Sabah Basin in water depths ranging from 50 to 100 metres. […]

  • 11 July 2016
    Infrastructure

    SapuraKencana Petroleum and Petrofac Energy Developments have reached a mutual agreement with Petronas for the cessation of the Berantai Risk Service Contract (RSC), for the Berantai field, offshore Malaysia. The Berantai RSC was signed on 31 January 2011 with Petronas and was the first RSC awarded by Petronas. It is for the development and production of petroleum […]

  • 21 August 2015

    Sarawak Shell Berhad has handed over its 50 percent stake of MLNG Dua to Malaysia’s Petronas.

  • 17 January 2018
    Project & Tenders

    The Sarawak State Government signed a term sheet with the state-run Petronas securing participation in the ninth liquefaction train at the company’s Bintulu LNG complex.

  • 14 October 2019
    Vessels

    Malaysian energy giant Petronas has completed its third successful delivery of liquefied natural gas (LNG) cargo through its break bulking ship-to-ship (STS) transfer to two buyers. 

  • 24 July 2017
    Business & Finance

    Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) has delivered its first liquefied natural gas (LNG) cargo aboard the LNG vessel Puteri Intan Satu to Thailand. It arrived to the Map Ta Phut Terminal at Rayong on the east coast of the Gulf of Thailand on July 20, 2017 from the Petronas LNG Complex in Bintulu, Sarawak. Owned and […]

  • 28 March 2014
    Business & Finance, Research & Development

    PETRONAS launched its new training facility known as INSTEP Integrated Oil and Gas Training Centre (IIOGTC), an industry-scale facility located within the Institut Teknologi Petroleum PETRONAS (INSTEP) in Batu Rakit, Terengganu. The launch of the facility, which is part of PETRONAS’ continuous efforts to further develop Malaysia’s human capital, was officiated by Terengganu Menteri Besar Datuk Seri […]

  • 31 January 2013

    Petroliam Nasional Berhad (PETRONAS) said that it has issued a Notice on conditional take-over offer to MISC, an LNG tanker operator-owner, for the remaining 1,666,333,303 shares in the company which it does not hold for a cash offer price of RM5.30 per share (8.8 billion ringgit or $2.83 billion). The Offer is conditional on PETRONAS […]

  • 10 April 2017

    By Anshuman Daga and Henning Gloystein SINGAPORE (Reuters) – Malaysia’s Petronas has pitched an estimated $1 billion stake in a prized upstream local gas project to potential bidders including Royal Dutch Shell, ExxonMobil Corp, Thailand’s PTT Exploration and Production and Japanese firms, sources familiar with the matter said. If successful, the deal could mark Petronas’ […]

  • 26 August 2014

    Wood Mackenzie asserts that by 2020, Malaysia has the potential to be the largest supplier of flexible LNG to the global market, larger even than Qatar. The supply capacity of Malaysia’s Petronas is growing through new capacity additions in eastern Malaysia as well as Canada, offtake agreements with other suppliers and projects such as GLNG in […]