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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Malaysia eyes RM6.1bil oil and gas services opportunities from Middle East rebuild

July 11, 2026

Dateline 2026-06-11, New Straits Times:

KUALA LUMPUR: Malaysia is eyeing up to US$1.5 billion (about RM6.1 billion) in potential procurement opportunities for local oil and gas services and equipment (OGSE) companies from the rebuilding of energy infrastructure in the Middle East.

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Miti: Malaysia open to boost strategic tie-up with UAE in high-potential economic sectors including petroleum

July 10, 2026

Dateline 2026-06-24, The Edge Malaysia:

KUALA LUMPUR (June 23): Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.

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PETRONAS finds more petroleum off Suriname, one well shows high oil yield

July 9, 2026

Dateline 2026-06-30, The Edge Malaysia:

KUALA LUMPUR (June 30): Malaysia’s national oil company PETRONAS said on Tuesday it has made two new discoveries in Suriname’s offshore Block 52.

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New RE value for retiring coal plants, says DPM

July 8, 2026

Dateline 2026-07-03, The Stars:

KUALA LUMPUR: Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

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Sarawak deputy premier expects oil and gas exploration study to be completed by year end

July 7, 2026

Dateline 2026-07-04, The Edge Malaysia:

LAWAS (July 4): A comprehensive study to determine the potential of natural gas and naturally occurring hydrogen resources in several areas of Sarawak is expected to be completed by year end, said Sarawak Deputy Premier Datuk Awang Tengah Ali Hasan.

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Elsa unit secures autonomous underwater vehicle inspection contract

July 6, 2026

Dateline 2026-07-03, The Edge Malaysia:

KUALA LUMPUR (July 3): Elsa Bhd’s wholly owned subsidiary Elsa Energy Sdn Bhd has accepted letters of award from a major exploration and production company to provide autonomous underwater vehicle (AUV) subsea structure inspection services for Peninsular Malaysia, Sabah and Sarawak.

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KLK’s Indonesian unit hit with RM159 mil arbitration claim over gas supply dispute

July 5, 2026

Dateline 2026-07-03, The Edge Malaysia:

KUALA LUMPUR (July 3): Kuala Lumpur Kepong Bhd said its Indonesian unit is facing an arbitration claim of about RM159 million over the termination of a gas supply agreement.

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Michael Tang’s vehicle re-emerges as substantial shareholder of Hibiscus Petroleum

July 4, 2026

Dateline 2026-06-26, The Edge Malaysia:

KUALA LUMPUR (June 26): Hibiscus Petroleum Bhd saw the re-emergence of Mettiz Capital Sdn Bhd as a substantial shareholder.

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Witness: Leak of PETRONAS upstream and financial info could have undermined negotiations with Petros

July 3, 2026

Dateline 2026-06-26, The Edge Malaysia:

KUALA LUMPUR (June 26): A leak of Petroliam Nasional Bhd’s (PETRONAS) upstream operations and financial performance for 2024 could have undermined its negotiations with Petroleum Sarawak Bhd (Petros) and put the national oil and gas company at a disadvantage, a general manager for PETRONAS told the Sessions Court on Friday.

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TotalEnergies and PETRONAS embark on ‘major’ oil & gas search in Oceania

July 2, 2026

Dateline 2026-06-26, Offshore Energy:

TotalEnergies and Petronas previously disclosed a plan to drill the Mailu-1 exploration well, as Papua New Guinea’s first deepwater well, within Block PL 576 in 2025. However, the well was later expected to be spudded in 2026 using Noble Corporation’s Noble Viking seventh-generation drillship.

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