Extract from “Tuah Jebat” – Warisan Perintis

November 5, 2016

 

Unit Tindakan Khas (UTK) telah mengakhiri era kewujudan mereka apabila termaktub semua perjanjian PSC yang selebihnya. Pada masa mereka merangka dan merundingkan PSC, yang turut tertubuh ialah Jabatan Pemasaran Antarabangsa atau “International Marketing Department (IMD)” bagi mengagih minyak mentah ke pasaran antarabangsa dan Jabatan Pemasaran Dalam Negeri atau “Domestic Marketing Department (DMD)” untuk penjualan bahan petroleum di dalam negeri, khususnya melalui stesen-stesen servis.

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PETRONAS Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

March 7, 2026

Dateline 2026-03-03, Offshore Engineer:

OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of lease, operation and maintenance of a floating production storage and offloading (FPSO) unit supporting the Sepat Integrated Redevelopment Project offshore Terengganu in Malaysia.

The contract comprises a 15-year firm charter period with extension options.


Velesto secures multi-year maintenance contracts from Sabah Shell Petroleum

March 6, 2026

Dateline 2026-03-04, The Edge Malaysia:

KUALA LUMPUR (March 4): Velesto Energy Bhd via its wholly owned subsidiary Velesto Workover Sdn Bhd, has secured two contracts from Sabah Shell Petroleum Company Ltd (SSPC) to provide maintenance services at its deepwater operations at offshore Sabah.

According to a statement on Wednesday, Velesto Workover will provide comprehensive maintenance services for the top tension risers at SSPC’s Tension Leg Platform, offshore Sabah, in which the works will be carried out in partnership with its principal, INVX Asia Pacific Pte Ltd.


High Court delays Shell MDS gas dispute pending PETRONAS’ Federal Court bid to clarify legal position of its ops in Sarawak

March 5, 2026

Dateline 2026-03-02, The Edge Malaysia:

KUALA LUMPUR (March 2): The High Court delayed Shell MDS (Malaysia) Sdn Bhd’s gas payment dispute with Petroliam Nasional Bhd (PETRONAS) and Petros until after March 16, 2026, when the Federal Court will decide on PETRONAS’ application for leave to clarify its operations in Sarawak, amid conflicting federal and state laws.

PETRONAS’ lawyer Khoo Guan Huat told judge Mahazan Mat Taib that PETRONAS filed a referral with the Federal Court in January, with a hearing set for March 16, and the Sarawak government also filed a petition last month.


Malakoff secures additional Mitsubishi Power turbines to boost generation capacity

March 4, 2026

Dateline 2026-03-02, The Edge Malaysia:

KUALA LUMPUR (March 2): Malakoff Corp Bhd has signed a second reservation agreement (RA) with Mitsubishi Power Ltd for two additional sets of M701JAC gas turbines and generators, earmarked for a new 1,400MW combined-cycle power plant in Malaysia’s northern region.

This follows Malakoff’s October 2025 reservation of two similar units for its recently announced 1,400MW gas-fired plant in the south, bringing the total secured to four turbines.


MISC to charter two more LNG carriers for PETRONAS LNG

March 3, 2026

Dateline 2026-03-02, The Edge Malaysia:

KUALA LUMPUR (March 3): MISC Bhd is going to charter two additional liquefied natural gas (LNG) carriers for PETRONAS LNG Ltd under a charter contract it secured last month.

The 20-year charter contract initially covered three newly built LNG carriers. Now, an additional two newbuild LNG carriers will also be chartered by PETRONAS LNG under the contract, MISC’s said in a bourse filing on Monday.


Global oil and gas supply could face disruption due to Middle East tensions, says Economy Minister

March 2, 2026

Dateline 2026-02-28, The Star:

JOHOR BARU: The escalating tensions in the Middle East could pose fresh geopolitical challenges to the global economy, says Economy Minister Akmal Nasrullah Mohd Nasir.

He said it was still too early to determine the full economic impact following reports that Iran had been attacked by Israel and the United States.


MISC to deliver and operate Papua New Guinea’s first FSO unit

March 1, 2026

Dateline 2026-02-19, The Edge Malaysia:

KUALA LUMPUR (Feb 19): MISC Bhd has secured a long-term bareboat charter, and operations and maintenance contracts for Papua New Guinea’s first floating storage and offloading (FSO) unit.

In a statement, MISC said it received the contracts from Exxon Mobil Corporation subsidiary ExxonMobil PNG Ltd, which is the operator of the PNG LNG (liquefied natural gas) project.


Penang launches biogas plant to turn pig waste into renewable energy

February 28, 2026

Dateline 2026-02-14, Malay Mail:

SEBERANG PERAI, Feb 14 — Penang has implemented a long-term solution to address a long-standing environmental challenge in managing livestock waste with the launch of the Kampung Valdor Centralised Biogas Facility in South Seberang Perai here.

Penang Chief Minister Chow Kon Yeow said the Valdor facility has been operational since March 2024 and centralises treatment while converting livestock waste into renewable energy within a regulated and professionally managed system.


Malaysia and Japan plan major cross-border carbon capture project, despite climate benefit doubts

February 27, 2026

Dateline 2026-02-17, The Globe and Mail:

BANGKOK (AP) — Japan wants to ship carbon emissions to Malaysia in a first-of-its-kind project in Southeast Asia for carbon capture and storage, a widely debated process that critics say is more symbolic than effective in curbing climate change.

Despite such doubts, Malaysia is positioning itself as Southeast Asia’s hub for the alternative technology, a three-step process that captures, transports and buries carbon dioxide which contributes to climate change. With about 81% of Malaysia’s electricity generated from fossil fuels, climate activists say carbon capture is an expensive distraction from proven emissions-reducing actions such as transitioning to renewable energy.


DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

February 26, 2026

Dateline 2026-02-16, Offshore Energy:

DUG Technology, in partnership with Searcher Seismic, has signed an agreement for the provision of multi-client 3D seismic data reprocessing offshore East Sarawak.

Under the terms of the agreement, DUG and Searcher will reprocess previously acquired 3D seismic surveys within the agreed East Sarawak multi-client reprocessing area.