Malaysia's Petronas is set to enter the market for LNG bunkering, signing an agreement with the Gas4Sea group to identify business opportunities in the supply natural gas as a marine fuel, local reports said.
The shakeup in the LNG market continues with Petronas saying it may try shorter-term LNG contracts and smaller cargo sizes as it scrambles to cope with oversupplied markets and plunging prices, Reuters reported.
Malaysia Marine and Heavy Engineering (MMHE) has won its first major contract for some time, securing a MYR1bn ($226.8m) processing platform construction job from Petronas Carigali.
Malaysian oil and gas companies are continuing to pick up the scraps thrown out by the national oil company, with Perdana Petroleum sealing a three-year contract from exploration and production unit Petronas Carigali for the provision of spot...
SapuraKencana Petroleum (SapKencana) has picked up a raft of smallish jobs worth a total of $97.4m, the Malaysian oil and gas services provider said in a press release.
Malaysia's oil and gas (O&G) industry needs still more consolidation and preference will be given to those that invest in assets, local media quoted national oil company Petroliam Nasional (Petronas) president and chief executive Wan Zulkiflee Wan...
UMW Oil & Gas (UMW-OG) has secured a contract for one of its jack-up drilling rigs.