Sabah Shell Petroleum Company (SSPC) has started first oil production from phase four of the Gumusut-Kakap-Geronggong-Jagus ...

Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the ...

The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...

UK supermajor Shell has flowed first oil from Phase 4 of its deepwater Gumusut-Kakap-Geronggong-Jagus East (GKGJE) project in ...

Eni and Petronas signed an MoU to establish a joint venture to oversee selected upstream assets in Indonesia and Malaysia. Eni and Petronas signed an exclusive memorandum of understanding (MoU ...

Petroliam Nasional, or Petronas, reported a profit after tax of RM55.1 billion (S$16.69 billion) in 2024 compared with RM80.7 billion in 2023. Revenue in 2024 fell to RM320 billion from RM343.6 ...

KUALA LUMPUR, Feb 21 — Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended December 31, 2024 (FY2024) compared to RM1.82 billion in the same period a year ...

COMMENT | Listing the national oil corporation Petroleum Nasional Bhd or Petronas is not the wild idea that it sounds like. It is very feasible and can be done in a manner which will benefit the ...

The state-owned energy giant has also launched MBR 2025. The PSCs for SB306A and SB306B were awarded to a consortium comprising INPEX Malaysia E&P (INPEX), PETRONAS Carigali, and SMJ Energy. The ...

A local subsidiary of Inpex will operate the 4514-square kilometre Block SB 306A with a 50% interest on behalf of partners Petronas Carigali on 42.5% and SMJ having 7.5%. Water depths at this PSC ...

Bhd., is operator with a 50 percent stake. Petronas, through Petronas Carigali Sdn. Bhd., holds 42.5 percent. SMJ Energy owns 7.5 percent, according to a separate press release by INPEX.