Wata – Malaysian Oil and Gas Engineer

Dateline 2025-10-08, The Edge Malaysia:

KUALA LUMPUR (Oct 8): Petroliam Nasional Bhd (Petronas) on Wednesday failed to turn Shell MDS (Malaysia) Sdn Bhd’s gas payment dispute into a full trial with witnesses and cross-examination.

Kuala Lumpur High Court judge Mahazan Mat Taib rejected Petronas’ request to change Shell MDS’ interpleader originating summons (OS) into a writ, saying the payment dispute between Petronas and Petros involves matters of law, not facts.

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Dateline 2025-10-06, The Edge Malaysia:

KUALA LUMPUR (Oct 6): Dagang NeXchange Bhd is growing its presence in the energy sector, both upstream and downstream. It secured a one-year contract to maintain Petroliam Nasional Bhd (Petronas) stations and got approval for its unit, Ping Petroleum Sdn Bhd (PPSB), to move forward with its oilfield development plan in the Greater Abu area.

In the downstream sector, its subsidiary OGPC Sdn Bhd won a one-year contract from Petronas Dagangan Bhd (PDB) to maintain 50 Petronas stations in Klang Valley, starting July 1, 2025. Services include equipment maintenance, parts replacement, safety management, and AI-powered data solutions.

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Dateline 2025-06-17, Eni:

Kuala Lumpur (Malaysia), 17 June 2025 – Eni and PETRONAS have signed in Kuala Lumpur today a Framework Agreement that sets the basis for the creation of the new, jointly participated company, that will oversee assets in Indonesia and Malaysia through business combination.

This agreement builds on the recent exclusive Memorandum of Understanding signed by the two companies and includes the Key Principles of the Shareholder Agreement. The new Company will be established and operated as a financially self-sufficient entity and the parties have agreed on the asset-level valuations to be contributed to the new company, resulting in a 50:50 proportion. 
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Dateline 2025-10-02, Free Malaysia Today:

PETALING JAYA:

 Petronas’s move to sell a 20% stake in its Canadian assets for just over US$3 billion (RM12.6 billion) is a calculated step to ease fiscal pressures at home while strengthening its LNG position abroad, not a withdrawal, says oil and gas analyst Jamil Ghani.

The national oil firm confirmed the sale to MidOcean Energy, backed by EIG and Saudi Aramco, after months of speculation that it might fully exit Canada.

Petronas will retain 80% ownership of its Canadian arm, Petronas Energy Canada, one of the largest natural gas rights holders in British Columbia’s Montney basin.

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PETRONAS and Universiti Malaysia Terengganu (UMT) have launched the Centre for Offshore Renewable Energy (CEFORE), one of the world’s first integrated models of offshore renewable energy sources with energy storage and management systems.

The proof-of-concept facility, located off the coast of Kuala Terengganu, aims to deliver renewable and reliable power by harnessing offshore wind, solar, and wave energy. It also features on-site energy storage and energy management systems to enable a continuous supply.

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Dateline 2025-10-01, The Edge Malaysia:

KUCHING (Oct 1): National oil company Petroliam Nasional Bhd (Petronas) and Sarawak state-owned oil firm Petroleum Sarawak Bhd (Petros) were back in the High Court on Tuesday over their gas supply payment dispute.

The two parties had sought a one-month adjournment back in August to make way for talks with the aim of bringing matters to resolution. However, no update was provided on the status of the negotiations when the hearing resumed.

The two companies are in court after Petros attempted to stop Petronas from calling its bank guarantee, as part of payments claimed for gas supply in the state.

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Dateline 2025-09-30, The Edge Malaysia:

KUALA LUMPUR (Sept 30): Malaysian oil-and-gas (O&G) stocks are poised for positive performance, bolstered largely by China’s robust import activity as it builds its strategic petroleum reserves, said CGS International.

The house reiterated its overweight rating on the sector, citing sustained strength in oil prices, which have remained resilient despite increased Opec+ production, as a key factor.

“Despite higher Opec+ production quotas, oil prices have remained supported at the high-60s US$/bbl ( per barrel) levels, because China has been the balancing factor absorbing the excess supplies by importing to top up its strategic oil reserves…,” it said in a note on Tuesday.

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Dateline 2025-09-29, The Sun:

SHAH ALAM: Eight individuals have been appointed to the Independent Committee to review the investigation report on the gas pipeline explosion in Putra Heights, Subang Jaya.

The committee is chaired by Dr Khamarrul Azahari Razak, senior research fellow of the Disaster Preparedness and Prevention Centre at Universiti Teknologi Malaysia.

Selangor Youth, Sports and Entrepreneurship Committee chairman Mohd Najwan Halimi said the appointment was approved by the State Executive Council Meeting and takes effect immediately.

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Dateline 2025-09-27, Free Malaysia Today:

PETALING JAYA: Sarawak must continue to defend its rights on the continental shelf and should never give them up, says state legal counsel JC Fong.

Fong said while international laws recognise the continental shelf as belonging to a country, Sarawak’s rights as a constituent state within Malaysia should remain untouched, The Borneo Post reported.

“Malaysia can claim continental rights to the continental shelf for the nation. But within the country, the states – the constituent states – have their own power over the continental shelf which is within the territory of the respective states.

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