Search results for: malaysia

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  • 10 July 2012
    Business & Finance

    Lundin Petroleum, a Sweden based oil and gas exploration and production company has kicked off its 2012 Malaysian drilling campaign with the spud of the Tiga Papan 5 well in the SB307 & SB308 Block offshore Sabah, East Malaysia. The well will target mid-Miocene aged sands of the Tiga Papan Unit previously tested in 1982 […]

  • 17 October 2017
    Business & Finance

    UK-based subsea engineering, construction and services company Subsea 7 has made an agreement with Malaysia’s Sapura Energy Berhad to discontinue the SapuraAcergy joint venture. SapuraAcergy’s 2008-built heavy-lift and pipelay vessel, Sapura 3000, has been sold to a subsidiary of Sapura Energy Berhad, Subsea 7 said on Tuesday. The purpose-built construction vessel which can lay shallow […]

  • 27 November 2012

    Shell Malaysia today announced the signing of a new production sharing contract (PSC) with Petronas to explore for oil and gas offshore Sarawak. The SK319 PSC will see Shell undertake an initial 3 year exploration program to comprehensively explore an area totaling 2727 square kilometers within block SK319 in Central Luconia, offshore Sarawak. Sarawak Shell […]

  • 10 December 2012

    Nam Cheong Limited (Nam Cheong), SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, launched the first diesel electric multi-purpose platform support vessel (MPSV) ever built in Malaysia, the NC800, commissioned by Bumi Armada in a ceremony at the Group’s dockyard in Kuala Baram, Miri on December 8th […]

  • 19 September 2013

    GDF SUEZ has jointly entered the offshore deep water exploration Block 2F in Malaysia in partnership with JX Nippon Oil & Gas Exploration (Offshore Malaysia) Sdn. Bhd. (40%), the operator of the block, and PETRONAS Carigali Sdn. Bhd. (40%). GDF SUEZ holds 20% participating interest in the license. The license has been recently awarded by […]

  • 16 January 2012
    Business & Finance

    Petronas and Shell Malaysia today signed two new production sharing contracts (PSCs) for enhanced oil recovery (EOR) projects offshore Sarawak and Sabah. The contracts build upon two existing PSCs for fields in the Baram Delta Operations area and North Sabah, where oil has been produced for decades using mainly primary and secondary recovery techniques. The […]

  • 8 August 2018

    Liquefied natural gas exports from Malaysia have been hampered by a supply cut due to a gas leak in the Kimanis-Bintulu pipeline transporting natural gas to the Petronas’ LNG complex in Bintulu. 

  • 7 November 2012

    Swedish oil firm Lundin Petroleum AB has spudded its fourth well in its 2012 Malaysian drilling campaign. The exploration well called Tembakau-1 is located in PM307 Block, offshore east coast Peninsula Malaysia. The well will target hydrocarbons in Oligocene and Miocene aged sands in a low-relief structure 50 km to the northwest of the Bertam-2 […]

  • 17 September 2012
    Business & Finance, Project & Tenders

    Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced the third well in its 2012 Malaysian drilling campaign with the spud of Merawan Batu-1 exploration well in PM308B Block, offshore east coast Peninsula Malaysia. The well will target hydrocarbons in Oligocene aged sands in a faulted anticline in an undrilled area 50 km to […]

  • 17 August 2011
    Business & Finance

      Malaysia Marine and Heavy Engineering Holdings Berhad has been awarded by MISC Berhad two contracts amounting to RM952 million (approx USD 319.1 million) for topsides fabrication, marine repair and conversion of two energy vessels. The first is an EPCC (Engineering, Procurement, Construction & Commissioning) contract for the repair, life extension and conversion of MT […]

  • 6 December 2012
    Business & Finance

    ExxonMobil Exploration and Production Malaysia Inc., a subsidiary of Exxon Mobil Corporation, continued its long-term investment in Malaysia by awarding a contract to build facilities for the Damar gas development project to Malaysia Marine and Heavy Engineering Sdn Bhd for RM165 million ($54.2 million). Under the terms of the contract signed recently, Malaysia Marine and […]

  • 17 August 2011
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad has been awarded by MISC Berhad two contracts amounting to RM952 million (approx USD 319.1 million) for topsides fabrication, marine repair and conversion of two energy vessels. The first is an EPCC (Engineering, Procurement, Construction & Commissioning) contract for the repair, life extension and conversion of MT Onozo, […]

  • 11 August 2016
    Business & Finance

    In an effort to attract investments into the Malaysian shipbuilding and ship repairing industry, the country has decided to introduce new incentives for the sectors, according to the Malaysian Ministry of International Trade and Industry. The incentives would provide new companies with either a Pioneer Status with 70% of Income Tax Exemption on statutory income for a period […]

  • 25 August 2013
    Business & Finance

    Malaysia: Inai Kiara to Roll Out TSHD “Inai Kenanga” Tomorrow Inai Kiara SDN BHD, Malaysia’s largest marine services provider, announced that the Prime Minister Datuk Seri Najib Razak will launch the trailing suction hopper dredger Inai Kenanga tomorrow.   China: Six People Missing after Dredger Sinks The 1,700-ton sand dredger capsized and sank yesterday in […]

  • 17 March 2014

    PETRONAS and Shell have made an oil discovery offshore Sabah, Malaysia. The discovery was made via the Limbayong-2 well during the appraisal of the Limbayong gas field by Shell. The appraisal well encountered 136 metres of oil bearing sands, and there are plans to conduct more appraisal work on the discovery to determine its recoverable volume. […]

  • 25 June 2015

    A court in Malaysia sentenced nine Indonesian nationals to ten years in prison and one stroke with a rotan cane for the hijacking and the armed robbery of the Malaysia-flagged chemical tanker MT Sun Birdie off Pengerang in January 2015, local media reports. The Kota Tinggi Sessions court charged the men, aged between 26 and 48, under section […]

  • 20 April 2016
    Business & Finance, Research & Development, Technology

    DCNS has signed a memorandum of agreement (MoA) with OTEC Centre of Universiti Teknologi Malaysia (UTM OTEC) for the development of ocean thermal energy conversion (OTEC) plant in Malaysia.

  • 17 August 2011

    Malaysia Marine and Heavy Engineering Holdings Berhad has been awarded by MISC Berhad two contracts amounting to RM952 million (approx USD 319.1 million) for topsides fabrication, marine repair and conversion of two energy vessels. The first is an EPCC (Engineering, Procurement, Construction & Commissioning) contract for the repair, life extension and conversion of MT Onozo, […]

  • 30 September 2019
    Operations & Maintenance

    Sabah Shell Petroleum, the operator of the Gumusut-Kakap (GK) semi Floating Production System located offshore Sabah, has completed its GK Phase 2 project. The GK Phase 2 project involved the drilling of four additional subsea wells tied back to its semi Floating Production System (GK-Semi FPS). At peak production, the four wells will add 50,000 […]

  • 22 May 2014
    Business & Finance

    Murphy Oil has extended a charter contract for an Anchor Handling Tug Supply Vessel in Malaysia.

  • 16 August 2019
    Business & Finance

    The USD 477 million storage and ship refueling site would include the construction of two jetties and seven berths.

  • 27 May 2015

    Subsea Malaysia 2015 program, organised by Subsea UK, with a goal to improve collaboration between UK and Malaysian businesses in offshore industry, is set to take place as part of Oil & Gas Asia. Subsea Malaysia 2015 is going to take place at the Kuala Lumpur Convention Centre from 2-4 June, with a program of lunch and […]