Tag Archive

South Sudan’s First Energy Event Attracts 400 Delegates

South Sudan’s First Energy Event Attracts 400 Delegates

October 16, 2017 No Comments

South Sudan’s first ever energy and infrastructure conference, endorsed by the Ministry of Petroleum and organized by Africa Oil & Power, launched last week and was oversubscribed by 30 percent. Four hundred delegates, including the Vice President, the Minister of Petroleum and five cabinet ministers, the presidents of all South Sudan’s joint operating companies, representatives […]

Doors open to Floating LNG 2017 next week in London

Doors open to Floating LNG 2017 next week in London

February 6, 2017 No Comments

SMi will proudly host the 5th annual Floating LNG conference next week on the 13th -14th February 2017. The two-day conference will take place at the Copthorne Tara Hotel, London, UK. With over 50 confirmed organisations from over the globe, 16 high level industry presentations and 2 interactive post-conference workshops, Floating LNG presents itself as […]

Malaysian Petronas PFLNG Satu, produces its first LNG

Malaysian Petronas PFLNG Satu, produces its first LNG

December 9, 2016 No Comments

PETRONAS’ first floating liquefied natural gas (LNG) facility, PFLNG SATU has achieved an industry breakthrough with the successful production of its first drop of LNG from the Kanowit gas field, offshore Sarawak on 5 December 2016. The operational milestone marks a decade long journey for PETRONAS since conceptualising a floating LNG facility to maximise the […]

Positive outlook for FLNG market after OPEC’s production cut

Positive outlook for FLNG market after OPEC’s production cut

December 6, 2016 No Comments

SMi Reports (06.12.2016, London, UK): OPEC’s decision will present new opportunities for the FLNG market. After OPEC’s announcement to cut their oil production last week, many are speculating that this will be a positive move for the Floating Liquefied Natural Gas Market (FLNG). Bloomberg reported that OPEC’s decision will provide more opportunities for global LNG’s […]

Bell Geospace and Onyx Engineering Awarded FTG Contract By PETRONAS

September 29, 2016 No Comments

Bell Geospace, the world leader in Gravity Gradiometry, together with Onyx Engineering, has been awarded a contract by multinational exploration business, Petroliam Nasional Berhad (PETRONAS). The contract, for 3D multi-client Full Tensor Gradiometry (FTG)data acquisition, processing and interpretative services, will cover approximately 198,900 square kilometres. The provision of airborne FTG and magnetic surveys will be […]

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Schlumberger Signs Multiclient Wide-Azimuth Deepwater Seismic Survey Contract with PETRONAS

Schlumberger Signs Multiclient Wide-Azimuth Deepwater Seismic Survey Contract with PETRONAS

September 23, 2016 No Comments

Schlumberger announced that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. “We are pleased to have the opportunity to expand our collaboration with PETRONAS in Mexican waters […]

Bell Geospace And Onyx Engineering Awarded FTG Contract By PETRONAS

Bell Geospace And Onyx Engineering Awarded FTG Contract By PETRONAS

August 30, 2016 No Comments

Bell Geospace, the world leader in Gravity Gradiometry, together with Onyx Engineering, has been awarded a contract by multinational exploration business, Petroliam Nasional Berhad (PETRONAS). The contract, for 3D multi-client Full Tensor Gradiometry (FTG) data acquisition, processing and interpretative services, will cover approximately 198,900 square kilometres. The provision of airborne FTG and magnetic surveys will […]

Treating corrosion as the primary root cause of all major failures

July 25, 2016 No Comments

The desired outcome of any given industry, particularly for the oil and gas sector will be to achieve effective and productive results in comparison to the price surges in the market. To sustain and stabilize the current uprising in the demand and supply of the product, anti corrosion teams are constantly pressurized to assure asset […]

Tags: , , Renewables

Petronas to cut under 1,000 positions after strategic review

March 2, 2016 No Comments

Malaysia’s Petronas announced on Tuesday that the state-owned oil and gas company will see redundancies of under 1,000 positions and leadership changes after a strategic review of its business model. The announcement was made after President and Group Chief Executive Wan Zulkiflee Wan Ariffin addressed employees in a town hall meeting in Kuala Lumpur. Petronas […]

Tags: , , News analysis

PETRONAS REMAINS RESILIENT

September 1, 2015 No Comments

PETRONAS made RM11.1 billion in profits after tax, on the back of RM61 billion revenue in the second quarter of 2015. This is lower by 3% and 7% respectively, compared to the previous quarter mainly due to lower LNG volumes and prices. The three-month average Japan Crude Cocktail (JCC) reported a decrease of 14% in […]

Tags: , , Renewables
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