Search results for: Sabah

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  • 7 May 2013
    Business & Finance

    Sabah Ports Sdn Bhd, the port operating subsidiary of Suria Capital Holdings Bhd, will invest RM229mil over the next two years to further improve its port facilities and equipment to better serve the port users and shipping communities in Sabah. Suria Capital told Bursa Malaysia that its board, as well as the board of Sabah […]

  • 18 August 2017
    Business & Finance

    Malaysia’s MMC Corporation Berhad is looking to purchase a stake in Sabah Ports Sdn Bhd, a subsidiary of Suria Capital Holdings Berhad. The company confirmed that the parties have launched talks on the acquisition, however, “the Board of Directors of MMC has yet to make any firm decision in relation to the same,” MMC said […]

  • 10 February 2016

    Petronas’ unit, Petronas Gas, and Sabah Energy have scrapped plans to build a liquefied natural gas import terminal in Lahad Datu, Malaysia. “In view of the prolonged uncertainty of the Regasification Terminal Lahad Datu Project, the parties to the shareholders agreement for the regasification terminal, Petronas Gas and Sabah Energy, have mutually agreed to terminate the […]

  • 17 January 2012

    INPEX CORPORATION announced that through its subsidiaries, it has been granted the approval by , the national oil company of Malaysia, to acquire a 75% participating interest in the deepwater Block S, and a 37.5% participating interest in the deepwater Block R respectively, and both blocks are located offshore Sabah, Malaysia. In Block S, INPEX […]

  • 10 February 2015

    JOGMEC informed that it will provide equity financing to Inpex Offshore North West Sabah, established by Inpex Corporation, which acquired an operating interest in the exploration Deepwater Block S offshore Sabah, Malaysia.

  • 11 January 2019
    Operations & Maintenance

    PGS has started the Phase 4 of the Sabah MultiClient 3D (MC3D) survey using the Ramform Hyperion vessel. Sabah represents the first ever MultiClient project in Malaysia, the company said. PGS will acquire up to 10 000 sq. km of GeoStreamer data, adding to the existing 37 000 sq. km multi-phased Sabah MC3D. The Sabah MultiClient […]

  • 7 May 2013
    Business & Finance

    Sabah Ports Sdn Bhd, the port operating subsidiary of Suria Capital Holdings Bhd, will invest RM229 mil over the next two years to further improve its port facilities and equipment to better serve the port users and shipping communities in Sabah. Suria Capital told Bursa Malaysia that its board, as well as the board of […]

  • 2 April 2018

    Hibiscus Petroleum’s subsidiary has completed its acquisition of a 50% participating interest in the 2011 North Sabah PSC and the joint operating agreement in relation to the PSC.

  • 2 October 2019
    Business & Finance, Equipment, Operations & Maintenance

    PGS has announced a further expansion of what is said to be one of the largest multi-client 3D projects in the world. Phase five of the Sabah multi-client project offshore Malaysia is under acquisition, with first data due in Q2 2020. PGS is currently acquiring another 7 400 square kilometers of prefunded multisensor broadband data […]

  • 25 February 2020
    Project & Tenders

    Malaysia’s Hibiscus Petroleum has seen a 20% increase in oil production from the North Sabah PSC located offshore Sabah, Malaysia.  In a Bursa Malaysia filing on Tuesday, Hibiscus reported that average gross oil production from its North Sabah asset improved by approximately 20% compared to the previous financial quarter contributed by new oil production from […]

  • 3 November 2017
    Business & Finance, Equipment

    TechnipFMC has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project.

  • 11 November 2011

    PETRONAS and Shell Malaysia today signed a Heads of Agreement (HOA) for two 30-year production sharing contracts (PSCs) for enhanced oil recovery (EOR) projects offshore Sarawak and Sabah. The HOA will see staged work activities and new investments from Shell and its joint venture partner PETRONAS Carigali Sdn Bhd (PCSB), to extend the life and […]

  • 26 March 2018
    Equipment, Project & Tenders

    TechnipFMC has received an Engineering, Procurement, Construction and Installation contract from Sabah Shell Petroleum Company offshore Malaysia. The contract covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 project. Hallvard Hasselknippe, president of TechnipFMC’s Subsea business, said: “We are extremely honored to have been […]

  • 5 July 2018
    Project & Tenders

    Barakah Offshore Petroleum, through its unit PBJV Group, has received a contract extension from Petronas for the repair and maintenance of the Sabah Sarawak gas pipeline. 

  • 10 February 2015

    JOGMEC informed that it will provide equity financing to Inpex Offshore North West Sabah, established by Inpex Corporation, which acquired an operating interest in the exploration Deepwater Block S offshore Sabah, Malaysia.

  • 5 August 2011

    Petronas, todate, has invested RM61 billion in the upstream and downstream activities of Sabah’s petroleum sector, hence contributing signif… (bernama) [mappress] Source: bernama, August 5, 2011;  

  • 1 September 2014

    Inpex said that, through its subsidiary, Inpex Offshore Northwest Sabah, it has reached an agreement to transfer a 25% participating interest in the Deep-Water Block S to Santos. The Block S is an offshore block located in East Malaysia, where Inpex Sabah conducts exploration activities as an operator and it covers an area of 574km2 with a water […]

  • 22 November 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Shell Malaysia announced the first oil production from the deepwater Gumusut-Kakap (GK) field, located about 120km offshore Sabah, Malaysia. This early production, achieved on November 18th, 2012, is ahead of the completion of the GK’s Floating Production System (FPS). This is made possible by an innovative linking or tie-back of two of GK’s production wells […]

  • 17 January 2012
    Business & Finance

    INPEX has been granted the approval by PETRONAS, the national oil company of Malaysia, to acquire a 75% participating interest in the deepwater Block S, and a 37.5% participating interest in the deepwater Block R. Both blocks are located offshore Sabah, Malaysia. Block S In Block S, INPEX Offshore North West Sabah, Ltd. will conduct […]

  • 14 July 2011
    Business & Finance

      Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth is 1,031 meters subsea and […]

  • 14 July 2011
    Research & Development

      Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth is 1,031 meters subsea and […]

  • 10 February 2015

    JOGMEC has announced today that it will provide equity financing to INPEX OFFSHORE NORTH WEST SABAH, LTD., established by INPEX CORPORATION (INPEX), which acquired an operating interest in the exploration Deepwater Block S offshore Sabah, Malaysia. According to JOGMEC, the estimated amount of equity financing is approximately JPY 12.3 Billion ($103 million). In January 2012, INPEX […]