First of four wells in drilling campaign offshore Suriname checked off the list

December 30, 2025

Dateline 2025-12-29, Offshore Energy:

Petronas Suriname, a subsidiary of Malaysia’s state-owned oil and gas company Petronas, has crossed the finish line for the first well in a multi-well drilling campaign off the coast of Suriname.

Petronas’ partner and Suriname’s national oil company (NOC), Staatsolie Maatschappij Suriname (Staatsolie), has confirmed the completion of the drilling of the Caiman-1 exploration well in Block 52, which covers approximately 4,750 square kilometers in water depths ranging from 60 to 1,000 meters and lies about 140 kilometers offshore from Suriname’s coast.

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Hibiscus associate pauses gas drilling after higher-than-expected pressure in well off Australia

December 29, 2025

Dateline 2025-12-29, The Edge Malaysia:

KUALA LUMPUR (Dec 29): Hibiscus Petroleum Bhd’s associate has paused drilling at the Charlemont-1 exploration well off Australia after encountering gas at a shallower-than-planned depth.

3D Energi Ltd, a 7.43%-owned associate of Hibiscus, disclosed to the Australian Securities Exchange that gas was intersected in the Waarre C formation around 160 metres above the primary target reservoir, Waarre A.

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Continuous operations: Inside Malaysia’s offshore energy production

December 28, 2025

Dateline 2025-12-28, New Straits Times:

BENEATH the blazing sun and surrounded by endless sea, they rise before dawn to the sound of the Petronas anthem as their alarm.

For 14 days straight, offshore workers on Petronas’ Erb West Platform, off the coast of Sabah, live and work in one of the most demanding environments imaginable.

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Gas Malaysia announces higher gas distribution tariff

December 27, 2025

Dateline 2025-12-26, The Edge Malaysia:

KUALA LUMPUR (Dec 26): Gas Malaysia Bhd said on Friday that it has raised the base average tariff for its natural gas distribution system to RM1.880 per gigajoule (GJ) per day.

The tariff will take effect under the third regulatory period (RP3), spanning Jan 1, 2026 to Dec 31, 2028, said Gas Malaysia, which operates natural gas pipelines and sells liquefied petroleum gas. 
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Japan trusts Malaysia will remain reliable LNG supplier, says envoy

December 26, 2025

Dateline 2025-12-24, Free Malaysia Today:

PETALING JAYA: Japan has expressed confidence that Malaysia will remain a reliable supplier of liquefied natural gas (LNG) despite the ongoing difference of opinion between the federal government and Sabah and Sarawak over resource governance.

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Malaysia’s Petronas signs LNG supply deal with China’s CNOOC

December 25, 2025

Dateline 2025-12-24, Reuters:

Dec 24 (Reuters) – Malaysian state-owned energy firm Petroliam Nasional said on Wednesday it would supply Chinese offshore oil and gas company CNOOC with 1 million metric tons per annum of liquefied natural gas (LNG).

The agreement between Petronas LNG and CNOOC Gas and Power Singapore Trading & Marketing builds upon existing cooperation between the two companies, Petronas said in a statement.

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PETRONAS Gas prepays US$174 mil for Pengerang LNG jetty fees as ringgit hits five-year high

December 24, 2025

Dateline 2025-12-23, The Edge Malaysia:

KUALA LUMPUR (Dec 23): PETRONAS Gas Bhd said on Monday it is paying up to US$173.64 million (RM705.67 million) cash upfront for 18 years of jetty fees at its Pengerang liquefied natural gas (LNG) terminal in a one-off deal to reduce its exposure to currency fluctuations.

The ringgit rose to a five-year high against the US dollar at 4.0645 on Tuesday.

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SumiSaujana, three other companies to jointly explore wet gas sulphuric acid venture in Indonesia

December 23, 2025

Dateline 2025-12-21, The Sun:

PETALING JAYA: SumiSaujana Group Bhd, a manufacturer of oil and gas specialty chemicals, announced that its wholly owned subsidiary, SumiSaujana TCM Chemicals Sdn Bhd, has signed a memorandum of understanding (MoU) with PT Kilang Pertamina Internasional (KPI), SPCI HELM Malaysia Sdn Bhd and Denmark-based Topsoe A/S to jointly explore the development of a wet gas sulphuric acid (WSA) facility at one of KPI’s refinery units in Indonesia.

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TotalEnergies to Power Google Data Center Operations in Malaysia

December 22, 2025

Dateline 2025-12-19, Rigzone:

TotalEnergies SE has signed a 21-year agreement with Google to supply the tech giant 20 megawatts or one terawatt hours (TWh) of certified renewable electricity from the planned Citra Energies solar plant in the Malaysian province of Kedah.

Scheduled to start construction “early 2026”, the project will serve Google’s data center operations in the Southeast Asian country, a joint statement said. TotalEnergies owns 49 percent in the project, with MK Land holding 51 percent.

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MidOcean completes acquisition of 20% of PETRONAS’ key entities in Canada

December 21, 2025

Dateline 2025-12-18, The Edge Malaysia:

KUALA LUMPUR (Dec 18): MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has completed the acquisition of a 20% interest in Petroliam Nasional Bhd’s (PETRONAS) key entities in Canada.

The transaction includes a 20% stake in the North Montney Upstream Joint Venture, which holds PETRONAS’ upstream investment in Canada, and a 20% interest in the North Montney LNG Ltd Partnership, which holds PETRONAS’ 25% participating interest in the LNG Canada project.

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