Petronas Partners with Regional Operators on Offshore Oil Recovery
8, June 2026
Petronas has signed an MoU with regional operators and Universiti Teknologi Petronas to evaluate offshore oil recovery opportunities.
PETRONAS
Three Workers Die in FSO Sepat Maintenance Incident
26, May 2026
Three contractor personnel died and one worker was injured after a lifeboat maintenance incident on FSO Sepat offshore Terengganu, Malaysia.
Helms Finishes Shell Work, Moves to Petronas
26, May 2026
Helms Geomarine completed its offshore geotechnical investigation campaign for Shell in Sarawak ahead of schedule and will resume Petronas-supported offshore soil investigation work.
Subsea 7, PETRONAS, SIA Sign Suriname Framework
8, April 2026
Subsea 7 S.A., PETRONAS Suriname E&P B.V., and the Subsea Integration Alliance have signed a long-term framework for offshore developments in Suriname.
Petronas Confirms a Hydrocarbon Discovery at the Barokah-1 Exploration Well
13, March 2026
Petronas confirmed a hydrocarbon discovery at the Barokah-1 well in the North Ketapang PSC offshore East Java, with further studies planned to assess the find’s development potential.
Petronas Carigali Locks In Naga 2 on 60-Month Charter
3, March 2026
Velesto Energy confirmed a 60-month charter for jack-up Naga 2 with Petronas Carigali, starting in February 2026. Contract value was undisclosed, with the deal expected to support utilisation and earnings visibility through 2030.
Malaysia remains core hub for PETRONAS oil and gas
9, January 2026
BMI says Malaysia will remain a major oil and gas investment location as PETRONAS maintains about RM50 billion in upstream capex, expands overseas assets and advances CCS and LNG-related spending.
McDermott lands EPCIC deal for Brunei gas project
1, January 2026
Petronas has selected McDermott for EPCIC services on a major offshore gas development in Brunei, covering subsea production systems, tie-backs from six wells to a floating unit and a gas export pipeline to LNG facilities.
TotalEnergies, QatarEnergy and Petronas Sign Offshore Exploration Deal in Guyana
13, November 2025
Guyana has signed a five-year production sharing agreement with TotalEnergies, QatarEnergy and Petronas for offshore Block S4, the first contract concluded after the 2023 tender that allocated eight of 14 shallow-water and deep-water blocks.
