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.
Oman has signed an concession agreement with a joint venture of Oman's OQ Exploration and Production and Malaysian group Petronas for an offshore block in the Sea of Oman spanning 21,000 sq km. This comes as part of the government's efforts to boost exploration and production activities in the sultanate.
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.
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).
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.
Dragon Oil, a subsidiary of ENOC, signed an MoU with Malaysia’s Petronas Carigali International Ventures to enhance cooperation in oil and gas exploration and production, promoting the exchange of technical expertise within the upstream sector.
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.
RINA, an engineering consultancy, has been awarded the Front-End Engineering Design (FEED) contract by PETRONAS CCS Ventures (PCCSV) for the Southern Onshore Facilities of Malaysia’s Carbon Capture and Storage (CCS) project.
