Petronas says assessing fire damage at Malaysian joint venture with Aramco

February 2, 2023

Dateline 2022-11-01, Reuters:

Malaysian state energy firm Petronas said on Tuesday it was studying the damage to interconnecting pipes caused by a fire last week at its refinery and petrochemical joint venture with Saudi Aramco.

Petronas said last Thursday a fire and explosion occurred at the Pengerang Integrated Complex (PIC) located in the southern Malaysian state of Johor. No casualties were reported.


Malaysia: PETRONAS expands partnership with PETROS to accelerate Sarawak Gas Roadmap

January 30, 2023

Dateline 2022-10-28, Energy pedia (what now?)

PETRONAS has signed two key agreements with Petroleum Sarawak Bhd (PETROS) on collaboration opportunities under the Sarawak Gas Roadmap that will help accelerate both parties’ shared aspirations to sustainably grow the State’s energy industry.

The first is a heads of agreement (HOA) to expand the usage of natural gas within the State for the supply of 60 MMscfd of gas starting by 2026 to the proposed 400 MW Combined Cycle Gas Turbine power station in Miri.


Double wins for Sime Darby and Petronas at IChemE Malaysia Awards

January 20, 2023

MySET and IEM need to give out more awards to pockets-that-be.

Dateline 2022-10-18, The Chemical Engineer:

SIME Darby and Petronas both won two awards at IChemE’s annual Malaysia Awards, held virtually on 17 October.

Sime Darby won the Sustainability and Palm Oil categories for using enzymes to enhance palm oil recovery. IChemE said that the company’s easily adaptable, low cost, and more sustainable process improves palm oil extraction rates as well as increasing revenue.

Petronas Group Research and Technology won the Oil and Gas category for a nanobubble flotation technology that removes oil from water. Meanwhile, Petronas Penapisan won the Process Safety award for creating Chemical Hazard Reactivity and Physical Hazard Compatibility Charts in response to the port warehouse explosion that killed more than 200 people in Lebanon in 2020. The charts were implemented to help ensure adequate controls are taken on site and maintain compliance with regulatory standards.


Mubadala makes gas find off Malaysia

January 2, 2023

Dateline 2022-09-27, Market Screener:

UAE-based Mubadala Petroleum and its partners Shell and Malaysia’s Petronas have made a sizable natural gas discovery at Block SK320 off the coast of Bintulu, Sarawak, in Malaysia, Petronas said on September 20.

The discovery was made with a well drilled to a depth of 1,680 metres. The well encountered a gas column more than 110 metres in length, in good-quality carbonate reservoirs.

Mubadala operates the block with a 55% stake, while Petronas has 25% and Shell has 20%.

In a statement, Petronas said the find added to “a string of exploration successes in the Central Luconia region,” and confirmed the “large potential” of the region’s carbonate play.


Malaysia’s Petronas, Sabah state launch masterplan for gas development

December 12, 2022

Dateline 2022-09-XX, Arab News:

Malaysia’s state oil firm Petronas and the resource-rich state of Sabah on Tuesday launched a masterplan to develop the state’s natural gas resources, including the construction a liquefied natural gas plant.

The Sabah Gas Masterplan is the result of a joint study between the state and Petronas, both parties said in a joint statement.

It entails the construction of an LNG plant with a capacity of 2 million tonnes per annum at the Sipitang Oil and Gas Industrial Park, which will provide opportunities for Sabah to expand its LNG distribution across the state, they said.


Petronas launches Gentari green energy company, plans to install 25,000 EV chargers across Asia by 2030

December 6, 2022

Gentari jiwa, melanda hatiku…

Dateline 2022-09-17, SoyaCincau:

Petronas has officially launched its green energy subsidiary, Gentari, formerly known as Petronas Gas & New Energy. The company, which was announced back in June, aims to be a one-stop integrated clean energy solutions provider, offering renewable energy, hydrogen power and green mobility services to commercial, industrial and retail customers.

Gentari wants to be an integral part of Malaysia’s plan for renewable energy sources to make up 31% of its total installed energy capacity by 2025 – a figure that rises up to 40% by 2035. The company says its suite of offerings will be spread across a mix of local, regional and international projects to meet customer demand and maximise opportunities.


Petronas to keep oil, gas focus for next decade

November 29, 2022

Dateline 2022-09-14, Argus:

Oil and gas remains the main focus for Malaysia’s state-owned oil firm Petronas for the next decade, even as it explores the alternative energy sphere.

Gentari, the firm’s latest clean energy subsidiary, was set up as a separate entity to keep the core business “lean, mean and generating as much (profit) as possible,” said Petronas’ vice president of exploration and upstream, Mohd Redhani bin Abdul Rahman.


Work together to address energy crisis, O&G players told

November 28, 2022

Read between the lines.. CORAL ’23?

Dateline 2022-09-13, The Sun:

Oil & gas (O&G) players need to work together as stakeholders in the system to address the power crisis by providing clean, reliable, affordable energy, according to Petroliam Nasional Bhd (Petronas) president and group CEO Tengku Muhammad Taufik.

“What we are seeing today is an energy crisis, a food crisis, an inflation crisis and if left unchecked, all of these will converge into what we cannot contend with, which is a world security crisis,” he said in his keynote address at the Oil & Gas Asia (OGA) 2022, the Malaysia Oil & Gas Services Exhibition and Conference (Mogsec) and Petrochemicals Sustainability Conference (PSC) today.


Petronas CEO calls for O&G players to innovate to tackle energy and climate crisis

November 25, 2022

Dateline 2022-09-13, The Edge:

Oil and gas (O&G) industry players need to come together to tackle issues of the energy and climate crisis, according to Petroliam Nasional Bhd (Petronas) president and group chief executive officer Datuk Tengku Muhammad Taufik Tengku Aziz.

“The [O&G] industry has a responsibility to respond to energy issues, which are considered an aggressive trilemma of affordability, security and sustainability,” Tengku Muhammad Taufik said in his keynote address during the opening ceremony of the Oil & Gas Asia 2022, with the Malaysia Oil & Gas Services Exhibition and Conference and the Petrochemicals Sustainability Conference, on Tuesday (Sept 13).


Malaysia: Contracting For Oil And Gas Sector In Malaysia –Understanding SWEC Code In Malaysia

November 18, 2022

I have not read this, so cave canem

Dateline 2022-09-06, Mondaq:

Amid COVID-19 worldwide rife (which is now entering into endemic period), Malaysia remains a coveted market for oil & gas business to the global industry players. Since global outbreak of the infectious malady in 2019, the local economy in the industry is rapidly recovering although it is expected that the oil price continues to be volatile1.

As perspective, PETRONAS recorded over two-fold increase in its profit after tax for the first quarter this year: from RM9.22 billion last year to RM23.44 billion3.