Lower Petronas spending hits oil and gas services players’ results

September 4, 2025

Dateline 2025-09-01, Business Times:

KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) capital expenditure (capex) dip in the first half of 2025 (1H25) has affected local oil and gas services and equipment (OGSE) players.

Maybank Investment Bank (Maybank IB) said the national oil company’s total capex stood at RM17.7 billion in 1H25, down 31 per cent year-on-year (YoY).

This led to lower earnings from local OGSE companies for the period under review compared to 1H24.


ENGINEER & MARVEX 2025: Live Showcase – Data Centre Infrastructure

September 3, 2025

Uncover the Core of Data Centre Infrastructure Engineering

📅 9 – 12 Sept 2025
🕘 10AM – 6PM
📍 KL Convention Centre, Malaysia

Step into a full-scale, walk-in showcase featuring a real-time build-out of an operational data centre – complete with the latest in M&E and precision cooling technologies:

✅ HVAC & Precision Cooling
✅ Power Distribution & Redundancy
✅ UPS & Backup Systems
✅ Fire Suppression & Cable Management
✅ Racking, Enclosures & Structural Systems

Experience cutting-edge solutions designed for energy efficiency, thermal management, uptime reliability and scalable infrastructure performance – all brought together in one integrated environment.

📍CPD-Certified Technical Visit

𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗬𝗼𝘂𝗿 𝗩𝗶𝘀𝗶𝘁 👉 www.bit.ly/EM25vis_FB


Petronas returns to Malaysia offshore discovery

September 3, 2025

Dateline 2025-09-02, Upstream Online:

Malaysia’s national upstream company Petronas Carigali is set to imminently spud an appraisal well targeting the 2023 Bendai gas discovery on Block SK 306 offshore Sarawak, East Malaysia.

PV Drilling’s jack-up rig PV Drilling VI has been lined up for the delineation well, which is expected to take until 24 October to complete.

The drilling operation is being supported by two Malaysia-flagged vessels — SK Prelude and Setia Jihad, both large anchor-handling tug supply vessels, according to Veson Nautical’s VesselsValue.


OGA 2025 Returns as Southeast Asia’s Energy Powerhouse

September 2, 2025

Dateline 2025-09-01, The Edge Malaysia:

KUALA LUMPUR – The stage is set for the 21st edition of Oil & Gas Asia (OGA) 2025, Southeast Asia’s premier energy trade platform, returning with a sold-out exhibition at the Kuala Lumpur Convention Centre from 2 – 4 September 2025. With over 2,000 local and international brands across seven halls spanning 20,000 sqm, embodying its powerful theme: “Powering Progress, Shaping Tomorrow”.

Organised by Informa Markets Malaysia, OGA 2025 will once again unite thousands of global energy professionals to accelerate business growth, forge strategic partnerships, and deliver forward-looking insights into technologies and trends shaping the region’s energy future.

This year’s edition comes at a pivotal moment. Under Malaysia’s chairmanship, ASEAN is intensifying its energy agenda from the ASEAN Power Grid and renewable energy adoption to a five-year regional cooperation plan. With the bloc expected to drive 25% of global energy demand growth, the stakes are high. Offshore gas markets are also surging towards a US$100 billion valuation, led by fresh investments in Malaysia and Indonesia.


ENGINEER & MARVEX 2025

September 1, 2025

🌍 KLEF 2025: Shaping the Future of Engineering in ASEAN
📅 9 – 10 September 2025
📍 Kuala Lumpur Convention Centre, Malaysia

The Kuala Lumpur Engineering Forum (KLEF) 2025 is set to take place on 9–10 September 2025 at the Kuala Lumpur Convention Centre, Malaysia. This premier regional event will bring together ASEAN’s foremost engineering professionals, policymakers, and innovators to exchange insights, strengthen collaboration, and chart the course for a sustainable and future-ready industry.

Why Attend KLEF 2025?

✔ Gain actionable knowledge on ESG, smart technologies, and resilient systems
✔ Access cross-border perspectives from regional leaders and technical experts
✔ Connect with policymakers, developers, and industry peers
✔ Earn 20 CIDB CCD points | BEM CPD hours applied for

Featured Programmes

Future-Ready Engineering Forum – Leadership, ESG, green design, smart technologies, and resilient infrastructure.
🔌 ASEAN Electrotechnical Symposium (IESE) – Smart energy systems, grid resilience, regional standards, and digital transformation.
🏗 ASEAN Mechanical Xcellence Symposium (AMS) – Sustainable M&E designs, HVAC advancements, and innovations towards net-zero buildings.

📢 Registration closes on 05 September 2025 at 11:59 PM
👉 Register Now: https://form.evenesis.com/KLEF2025/paynow


Shell Launches Next Phase of Malaysia’s Deepwater Project with First Oil Production

September 1, 2025

Dateline 2025-03-10, Offshore Engineer:

Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development off Malaysia.

The Phase 4 production is flowing to the existing Gumusut-Kakap Semi-submersible Floating Production System (GK-Semi FPS) located off the coast of Sabah, offshore Malaysia where SSPC is the operator.

The GKGJE Phase 4 development includes a subsea tie-back that straddles the Malaysia – Brunei border and involves the drilling of three producer wells and one water injection well.

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


ENGINEER & MARVEX 2025

August 31, 2025

🌍 A.C.E. Conference 2025
📅 11 – 12 September 2025
📍 Kuala Lumpur Convention Centre, Malaysia

The A.C.E. Conference 2025, jointly organised with the ASHRAE Malaysia Chapter, is a premier platform where engineers, cleanroom specialists, and policymakers converge to advance the future of the built environment.

Key Benefits for Participants

  • Gain practical insights into energy efficiency, global standards, and ISO compliance
  • Explore the latest cleanroom and HVAC&R innovations
  • Learn from international and local case studies with real-world applications
  • Expand professional networks with industry leaders and decision-makers
  • Accredited with 9 BEM CPD hours and 20 CIDB CCD points

Featured Sessions

  • ISO 14644 Updates: Implications for fan energy reduction in cleanrooms
  • Semiconductor Best Practices: Lessons from Taiwan’s cleanroom facilities
  • Cleanroom Performance Testing (CPT)
  • CFD Simulation in Cleanroom Design
  • Panel Discussion: “Greening the Cleanroom: Balancing Energy Efficiency with Stringent Standards”

🎟 Limited seats available – Early bird rates apply.
👉 Register now: form.evenesis.com/ACE2025/paynow


Petronas-Petros dispute dims Dayang’s earnings outlook

August 31, 2025

Dateline 2025-08-25, Free Malaysia Today:

PETALING JAYA: Research houses are pessimistic on Dayang Enterprise Holdings Bhd’s earnings outlook because of the Petronas-Petroleum Sarawak Bhd (Petros) dispute.

The Sarawak-based oil and gas (O&G) services provider is already facing some fallout from the uncertainties arising from the impasse. Its net profit for the second quarter ended June 30 (Q2 FY2025) plunged 41.7% to RM76.6 million from RM131.4 million a year ago.

Q2 revenue tumbled 41.4% to RM267.4 million from RM455.8 million a year earlier. The drop off was attributed to lower vessel utilisation rates caused by a delay in oil majors’ contract commencement.


ENGINEER & MARVEX 2025

August 30, 2025

Rising energy consumption in HVAC&R highlights the urgent need for global cooperation. The MARVEX Forum 2025, held on 10 September 2025 at the Kuala Lumpur Convention Centre, provides a premier platform for international dialogue and strategic collaboration.

For the first time, the Forum unites industry leaders and policymakers from ASEAN, China, Japan, Korea, and the USA — regions that collectively represent over 60% of the global HVAC&R market.

🔑 Key Focus Areas:

  • Development of unified HVAC&R standards
  • Adoption of smart and digital technologies
  • Updates on policy, compliance, and regulations
  • Transition towards low-GWP refrigerants

🎯 Why Attend:

  • Access valuable market intelligence and regulatory insights
  • Explore cutting-edge innovations at the co-located MARVEX Exhibition (9–12 September 2025)
  • Build strategic connections with global industry leaders

📌 Event Details
📅 9 – 12 September 2025 (Forum: 10 September 2025)
🕘 10:00 AM – 6:00 PM
📍 Kuala Lumpur Convention Centre, Malaysia

🎟 Admission is free, but seats are limited.
👉 Register today: https://engineermarvex.cisnetwork.com/


PVEP, Hibiscus in provisional agreement on Vietnam-Malaysia PSC offshore tieback

August 30, 2025

Dateline 2025-08-26, Offshore:

Hibiscus Oil & Gas Malaysia has signed a heads of agreement (HoA) with PetroVietnam Exploration Production Corp .(PVEP), the company reported in an Aug. 22 press release.

The agreement covers the proposed connection of production from PVEP’s Block 46/13 production sharing contract (PSC) offshore Vietnam to existing facilities in the Hibiscus-operated PM3 Commercial Arrangement Area (CAA) PSC offshore Peninsular Malaysia. PVEP, along with Petronas, is also a partner in the PM3 concession.

The HoA outlines terms for the tie-in engineering and construction program as well as product handling arrangements, which would allow Block 46/13 production to be processed at the Hibiscus-operated facilities. Terms include a commercial framework concerning production handling and cost allocation for Block 46/13.