Tag: Petronas

Energy, Oil & Gas

Oman signs concession agreement for Offshore Block (18)

Oman’s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block 18 to support hydrocarbon exploration and production. Petronas will operate the block with a 70 per cent stake, while OQ Exploration and Production holds 30 per cent. The agreement includes a four-year exploration period, extendable to 30 years if commercial production is achieved. ...

Energy, Oil & Gas

QatarEnergy signs 20-year LNG deal with Malaysia's Petronas

QatarEnergy has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with Malaysia's Petronas LNG (PLL), a subsidiary of Petronas, the first long-term LNG supply agreement between the two companies....

Energy, Oil & Gas

Petronas strengthens LNG partnership with Cnooc

Petronas, through its subsidiary Petronas LNG, has entered into a Sale and Purchase Agreement (SPA) with Cnooc Gas and Power Singapore Trading & Marketing for the supply of 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG)....

Energy, Oil & Gas

DWS secures first contract with Petronas in Abu Dhabi

Enersol, jointly owned by Adnoc Drilling and Alpha Dhabi, announced that its portfolio company Deep Well Services (DWS) has secured its first Abu Dhabi contract with Petronas. DWS will deploy its Hydraulic Completion Units and BoreSite systems to support a 12-well unconventional drilling programme....

Energy, Oil & Gas

Petronas, Oman’s OQEP partner to advance upstream

OQ Exploration and Production New Ventures, a subsidiary of OQ, and Petronas Carigali International Ventures have signed a memorandum of understanding to formalise a strategic cooperation agreement, aiming to collaborate on ventures in the oil and gas exploration and production sector....