Petronas announces second Gas Discovery in Balingian province.

Petronas Announces Gas Discovery

PETRONAS today announced a gas discovery in the Kulintang-1 wildcat exploration well of Block SK438, located in the shallow waters of Balingian Province about 230 kilometres off the coast of Miri, Sarawak, Malaysia. The Kulintang-1 well was successfully drilled to a total depth of 2,238 metres in April 2021. The well encountered gas in the […]

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Petronas brings festive cheer to 300 Underprivileged community members in Pengerang.

Petronas Brings Festive Cheer to the Underprivileged

PETRONAS recently brought Ramadan and Syawal cheer to 300 single mothers, senior citizens, orphans and the disabled community members of Kampung Teluk Ramunia in Johor, as they observed fasting and began their preparations to celebrate Aidilfitri. On May 5, volunteers from Pengerang Integrated Complex (PIC) distributed bubur lambuk and food baskets to the group at […]

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Petronas Uplifts Festive Spirit Through Cheeky 'Seloka' in Latest Raya Web Film.

Petronas Uplifts Hari Raya Festive Spirit

PETRONAS celebrates Syawal this year with a fully animated Hari Raya Aidilfitri Webfilm titled “Syukur Raya”, a story presented in a fun and cheeky ‘seloka’ that explores themes of compassion and kindness. “Syukur Raya” is narrated by a spotted dove named Syuk-kur – a wordplay of ‘syukur’ (thankfulness) and ‘tekukur’ (the Malay term for dove). […]

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Petronas Diversifies Its Global LNG Fleet with Three New Build Vessels.

Petronas Enhances Its Global LNG Fleet

PETRONAS LNG Ltd. (PLL) has signed a Time Charter Party (TCP) for three newbuild 174,000 cubic metres LNG vessels with shipowner, Hyundai LNG Shipping (HLS). The deal with HLS was awarded via an international tender exercise to support PETRONAS’ growing global LNG business portfolio. As part of the agreement, HLS had signed shipbuilding contracts with […]

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Petronas strengthens Malaysia's position as LNG ISO Tank Hub.

Petronas Strengthens Malaysia as LNG ISO Tank Hub

PETRONAS LNG Ltd. has commenced the export of liquefied natural gas (LNG) to China in ISO tanks from its filling facility in Pengerang, Johor. The maiden shipment of LNG ISO tanks has been safely delivered to Shanghai from Pasir Gudang Port of Johor on 23 April 2021, following a spot contract signed between PETRONAS and […]

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Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities.

Petronas Makes History in LNG

PETRONAS has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities following the first cargo delivery by PETRONAS Floating LNG DUA (PFLNG DUA) on 24 March 2021. The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment to our LNG Buyer in […]

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Petronas has successfully priced a US$600 million single tranche seven-year note bond offering.

Petronas Prices a US$600 Million Bond Offering

PETRONAS has successfully priced a US$600 million single tranche seven-year note. The issuance marks the first corporate bond issued by its wholly owned subsidiary PETRONAS Energy Canada Ltd (PECL). The notes were priced at 85 basis points (bps) over the seven-year US Treasury to yield 2.112 per cent. The offering was met with overwhelming demand […]

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PETRONAS confirms first gas production, off the coast of Sabah, augmenting Malaysia’s petroleum investment potential.

First Deepwater Gas Production Upgrades Malaysia

PETRONAS confirms first gas production from the Rotan and Buluh fields in Block H, off the coast of Sabah, offshore Malaysia, on 6 February 2021, augmenting Malaysia’s petroleum investment potential. PTTEP Sabah Oil Limited, a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP) is the operator for Block H, partnering with PT Pertamina […]

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Baker Hughes and C3 AI announced an AI collaboration with PETRONAS, in the company’s strategic digital transformation programs

Baker Hughes & C3 AI in Collaboration with Petronas

Baker Hughes and C3 AI announced an artificial intelligence (AI) collaboration with PETRONAS, a global energy and solutions company from Malaysia, to apply joint BakerHughesC3.ai (BHC3) technology across the company’s strategic digital transformation programs. As the custodian of Malaysia’s national oil and gas resources, PETRONAS runs an extensive digital transformation program across energy operations to […]

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