Petronas | Egypt Oil & Gas

PETRONAS, PETROVIETNAM Sign KPA for Developing PM3 Commercial Arrangement Area

PETRONAS and PETROVIETNAM signed a Key Principles Agreement (KPA) to extend the Production Sharing Contract (PSC) and Upstream Gas Sales Agreement (UGSA) for the PM3 Commercial Arrangement Area (CAA) for an additi ...

Eni, Petronas to Jointly Combine Upstream Assets in Indonesia, Malaysia

Eni has signed a Memorandum of Understanding (MoU) with Petronas to progress discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia. This venture ...

Petronas Enters Agreement with Sabah Energy to Supply Natural Gas Supporting Steel Industry

PETRONAS announced that it, through Malaysia Petroleum Management (MPM), has formalized an agreement with Sabah Energy Corporation Sdn Bhd (SEC) for supplying additional 104 million standard cubic feet per day (mm ...

Petronas Transfers Kebabangan Cluster PSC Operations to ConocoPhilips

Petronas has transferred operations of the Kebabangan cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips' subsidiary, ConocoPhillips Sabah Gas Limited, effective January 21. The KBBC PSC, previously ...

Petronas Reaches FID for Hidayah Field, Boosting Energy Supply in Indonesia

Petronas has reached a Final Investment Decision (FID) for the development of the Hidayah field in the North Madura II Contract Area, East Java, Indonesia. The project includes drilling oil production wells, an un ...

Petronas, Southeast Asia’s Energy Players Call for Progressive Action on Methane Emissions at COP29

Petronas has coincided with the 29th United Nations Climate Change Conference (COP29) in a joint statement alongside Southeast Asia’s other leading energy companies calling for a progressive, cooperative and inclu ...

Badawi Meets with Shell and Petronas Leaders to Discuss WDDM Gas Projects

The Minister of Petroleum and Mineral Resources Karim Badawi met with Dalia ElGabry, the Vice President and Country Chair of Shell Egypt and Hany Esmat, the CEO of Petronas Egypt to discuss the activities of the t ...

Egypt and Petronas Discuss Expanding LNG Investments at Gastech 2024

Minister of Petroleum and Mineral Resources, Karim Badawi, met with Adnan Zainol Abidin, CEO of the Malaysian Petronas Group. The meeting discussed the status of the group's current investments in Egypt and its pl ...

Petronas Achieves Revenues of RM 171.7B in H1 2024

Petronas announced that it has recorded revenues estimated at RM 171.7 billion during the first half (H1) of 2024, recording a slight increase from RM169.0 billion during the same period last year.

ADNOC, Petronas, Storegga Partner for Carbon Capture and Storage projects in Malaysia

ADNOC, Petronas and Storegga have signed of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers in addition to the construction of ...

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