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Halliburton to provide Petronas with landmark software for E&P activities

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Halliburton said on Tuesday it has received a scope expansion from Petroliam Nasional Berhad (PETRONAS) to support their upstream digitalization initiatives and reduce exploration...

Maersk Drilling bags exploration contract for one-well campaign in Suriname

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Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer which will be employed by PETRONAS Suriname Exploration & Production B.V. for...

ExxonMobil acquires 50% stake in Suriname block from Petronas

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Malaysian oil and gas company Petronas through its subsidiary, Petronas Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 percent of its...

Petronas refutes claims of shutting down 14 deepwater projects

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Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) over the weekend refuted media reports that it had deactivated 14 of its oil rigs. “Petronas...

Petronas shuts down 14 projects as deepwater pressure mounts on oil...

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Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) is said to have reduced the number of its fully active rigs from 18 to...

Petronas wraps up acquisition of two deepwater fields in Brazil

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Malaysian oil and gas company Petronas announced on Saturday the completion of the transaction for the acquisition of 50 per cent equity in the...

Petronas discovers oil and gas in Gabon

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(Malay Mail) PC GAbon Upstream SA (PCGUSA), a subsidiary of Petroliam Nasional Bhd (Petronas), has discovered oil and gas at its Boudji-1 exploration well...

Malaysia’s Petronas forecasts oil prices to hold in US$50-US$60

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Malaysia’s state energy company Petroliam Nasional Berhad , or Petronas, forecast oil prices to hold in the US$50s and US$60s in its 2018-2020 Activity...