Petronas

K5 is located about 230km from Bintulu, in water depth of 80 metres. Discovered in 1970, K5 is a sour gas field offshore Sarawak in eastern Malaysia. It had been left undeveloped as it contains up to 70 % carbon dioxide (CO²)  content. Anyway, Petronas and Total have now signed a heads of agreement to jointly study its […]

To meet the Malaysia oil & gas production targets, Hess and Petronas have decided to speed up the development of the Kamelia and Belud oil fields. On Kamelia in the North Malay Bassin, Hess has awarded a letter of Intend to Emas Offshore Production & Construction (EOCL) to charter a FPSO for a first period of […]

Petronas and Basf have taken the next steps in the development of the previously announced RM4 billion investment that will expand their partnership in Malaysia, involving projects at their existing venture in Kuantan and at a new site within Petronas’ proposed Refinery & Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor.   These projects are to be […]