July 21, 2019
Dateline 2019-06-21, Upstream Online:
Malaysian operator Petronas is expected to approach the market soon seeking contractors to provide subsea facilities for development of the Kelidang Cluster in Block CA-2 off Brunei, moving a step closer to anticipated first production at the deep-water natural gas field in late 2021 or early 2022.
Industry sources with direct knowledge of the field development told Upstream that the state-owned company will award Norway’s Aker Solutions a contract to start on the front-end engineering and design for the Kelidang Cluster scheme, which includes a subsea production system and subsea umbilicals, risers and flowlines.
July 20, 2019
Dateline 2019-06-21, Upstream Online:
Exploiting the estimated 3.2 trillion cubic feet of recoverable gas reserves hosted in the Kasawari sour gas field off Malaysia has been a long time coming and there are still hurdles to be overcome, writes Amanda Battersby.
Operator Petronas originally targeted a 2019 start-up date for Kasawari with peak production of 900 million cubic feet per day envisaged. However, it now seems likely that the final investment decision will not be taken until the middle of next year at the earliest.
Among the challenges, industry sources suggested Petronas could yet return to the market with another open tender process if it cannot agree an acceptable price for the large central processing platform with preferred contractor Malaysia Marine & Heavy Engineering.
July 19, 2019
Dateline 2019-06-21, NST:
Oil and gas majors are transitioning into new energy portfolios and partnerships as pressure mounts for business growth and environmental sustainability.
In an interview with The New Straits Times, Petroliam Nasional Bhd (Petronas) vice president of refining and trading Mohd Yusri Mohamed Yusof said that the global energy landscape is going through structural changes – and trends are emerging with new business and partnership models, as risks, and returns are being weighed out.
“It is a transition – from what was categorically upstream, and downstream businesses monetising hydrocarbons, to now, the inclusion of other energy supply sources in the mix,” said Yusri who is also the chairman of the Asia Oil and Gas Conference (AOGC) 2019 organising committee.
July 17, 2019
Dateline 2019-06-19, The Edge:
Malaysian state oil company Petroliam Nasional Bhd or Petronas, and Saudi Aramco, have started operations at their new 1.2-million-tonnes-per-year naphtha cracker, multiple sources familiar the matter said on Wednesday.
The sources added that naphtha was imported this month specifically for the cracker, which had started recently though, an exact time frame could not be confirmed.
Petronas did not immediately respond to a request for comment.
June 30, 2019
Dateline 2019-05-21, Malay Mail:
The Kelantan government hopes that its oil royalty lawsuit against Petroliam Nasional Berhad (Petronas), which has been withdrawn, will be fully settled soon.
Mentri Besar Datuk Ahmad Yakob said the matter should have been settled by now, but due to some technical issues, it had not.
June 29, 2019
Yes, I have the evidence to prove it. I suggest that firing your spell checker is not a good idea.
Dateline 2019-05-21, AOG:
Malaysia’s state oil and gas company Petroliam Nasional Bhd said on Tuesday it has shut the Sabah-Sarawak gas pipeline that feeds gas to its liquefied natural gas (LNG) complex at Bintulu in the state of Sarawak as part of maintenance work.
Operations will resume when the maintenance work is completed, said Petronas, as the company is popularly known, in a statement, without specifying how long works would take.
June 25, 2019
Dateline 2019-05-18, Malay Mail:
Kelantan has withdrawn its oil royalty lawsuit against national petroleum company Petronas, the state government’s lawyer Aleeya Elyana Ahmad Mahreez confirmed.
But she said the PAS-led state government is proceeding with the lawsuit against the federal government, which is named as the second defendant, Berita Harian reported today.
The matter was raised at the Federal Court during case management involving Petronas yesterday.