Setback at ChemOne’s US$5.3 bil Pengerang project, sources say

November 18, 2025

Dateline 2025-11-17, The Edge Malaysia:

A proposed downstream petrochemicals facility to be developed by Singapore-based ChemOne Group in Pengerang, Johor, is experiencing a setback in achieving financial close, sources say, due to potential cost escalation on the part of its construction partner.

The US$5.32 billion (RM22.3 billion) project is considered one of the handful of major investments in the Pengerang Integrated Petroleum Complex (PIPC), Malaysia’s largest petrochemicals hub.


Petronas going large offshore Malaysia

November 17, 2025

Dateline 2025-11-16, Upstream Online:

Malaysia’s national upstream company Petronas Carigali is lining up more exploration drilling targets for as early as 2026, with several newly revealed prospects offshore Peninsular Malaysia on its radar.

The operator is preparing this week to commence a marine geohazards survey over four prospects in the South China Sea off the coast of Terengganu. The proposed wildcats are Geranium-1, Balsam-1, Palas Deep and Guntong Deep, according to Malaysia’s Marine Department (Jabatan Laut). The survey, which will be performed by the Malaysia-flagged multi-purpose vessel MW Cassandra No 5, is scheduled for completion on 19 December.


Shell begins oil production from Phase 4 of Sabah deepwater project

November 16, 2025

Dateline 2025-03-07, The Edge Malaysia:

KUALA LUMPUR (March 7): Sabah Shell Petroleum Company Ltd (SSPC), a subsidiary of Shell plc, has begun oil production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore project.

The production is directed to the Gumusut-Kakap Semi-submersible Floating Production System off Sabah.

Located in water depths of 1,200 metres, Gumusut-Kakap was the first deepwater project for Shell in Malaysia and began production in 2014.


Malaysia: PETRONAS and Putrajaya Holdings ink agreement to develop PETRONAS Geoscience Technology Centre

November 15, 2025

Dateline 2025-11-11, Energy-pedia:

This state-of-the-art facility will serve as a national hub for geoscience excellence, dedicated to advancing geoscience innovation and capability in Malaysia, and the first PETRONAS landmark in Putrajaya.

The signing ceremony was officiated by Senior Vice President of MPM, Datuk Ir. Bacho Pilong, and the Chief Executive Officer of PjH and authorised signatory on behalf of GCSB, Datuk Sr. Mohd Salem Kailany.


PETRONAS, local partner declare Suriname’s gas project commercially viable

November 14, 2025

Dateline 2025-11-14, The Edge Malaysia:

KUALA LUMPUR (Nov 14): Petronas said on Friday that a natural gas project in Suriname has been declared as viable commercially.

The declaration of commerciality of the Sloanea field in Block 52 with its South American partner Staatsolie Maatschappij Suriname NV marks the project’s readiness for development, the national oil-and-gas company officially known as Petroliam Nasional Bhd said in a statement.

The declaration “affirms the field’s economic feasibility towards its development and commercialisation”, said Mohd Redhani Abdul Rahman, the vice-president of Petronas’ international upstream assets.


PETRONAS signs MoUs to advance seismic imaging and AI initiatives

November 13, 2025

Dateline 2025-11-13, Offshore Technology:

Petronas, via Malaysia Petroleum Management (MPM), has formalised several memorandums of understanding (MoUs) with international partners during the Abu Dhabi International Petroleum Exhibition and Conference 2025.

These partnerships are set to prioritise the advancement of seismic imaging techniques and the adoption of AI and machine learning, enabled by high-performance computing resources.


PETROS to expand oil and gas exploration and carbon storage in Sarawak

November 12, 2025

Dateline 2025-11-12, Offshore Technology:

Petroleum Sarawak Berhad (Petros) has formalised agreements with international partners to expand onshore oil and gas exploration and advance carbon capture, utilisation and storage (CCUS) initiatives in Central Luconia, Sarawak, Malaysia.

The signing ceremony, attended by Petros chairman Tan Sri Datuk Amar Hamid Bugo, involved the Japan Organization for Metals and Energy Security (Jogmec), Superconducting Sensor Technology Corporation (Sustec), SC Tubular Solutions Malaysia (SCTSM) and Woodside Energy.


Groundbreaking ceremony of the new biorefinery by PETRONAS, Enilive and Euglena in Pengerang, Johor, Malaysia

November 11, 2025

Dateline 2025-11-10, Energy-pedia:

Pengerang Biorefinery, a joint venture between PETRONAS, Enilive and Euglena, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia.

The biorefinery will have the processing capacity of up to 650,000 tonnes of renewable feedstock annually and is projected to produce Sustainable Aviation Fuel (SAF), Hydrogenated Vegetable Oil (HVO), and bio-naphtha. Feedstocks for the biorefinery will include wastes such as used vegetable oils and animal fats, and residues from the processing of vegetable oils. The new facility is targeted to commence operations by the second half of 2028 in line with the schedule.


PETRONAS receives Malaysia offshore CCS permit

November 10, 2025

Dateline 2025-11-07, Gasworld:

A subsidiary of multinational oil and gas firm Petronas has been granted an offshore assessment permit for carbon capture and storage (CCS) in the Duyong area of Malaysia.

The Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency awarded the permit to Petronas CCS Ventures (PCCSV).

It is the first one issued under the newly enacted Carbon Capture, Utilisation, and Storage Act [Act 870] (CCUS Act 2025) gazetted on 1 October 2025.


Malaysia’s used cooking oil exports to face pressure in 2026 on domestic SAF production

November 9, 2025

Dateline 2025-07-11, Hydrocarbon processing:

Malaysia’s used cooking oil export volumes will face “immediate and moderate pressure” next year as a sustainable aviation fuel plant in Johor ramps up production, the country’s deputy plantation and commodities minister said.

Domestic players will actively secure feedstock to meet the 350,000 tons capacity of the EcoCeres production facility, forcing them to offer competitive pricing to divert used cooking oil away from profitable international export routes, Chan Foong Hin said.

The EcoCeres facility became operational in October and will provide Malaysia’s first major source of ISCC CORSIA and ISCC EU-certified SAF, Chan said.