Malaysia: PETRONAS signs new Discovered Resource Opportunities PSCs

March 20, 2023

Dateline 2023-01-18, Energy Pedia:

PETRONAS has signed Production Sharing Contracts (PSCs) for three clusters of Discovered Resource Opportunities (DRO) marketed under the Malaysia Bid Round (MBR) 2022.

The A Cluster was awarded to Ping Petroleum and Petroleum Sarawak Exploration & Production (PSEP), while Dialog Resources and PSEP won the bid for the Baram Junior Cluster. Both clusters are located off the coast of Sarawak.

Malaysia awards three oil, gas production-sharing deals

March 16, 2023

Dateline 2023-01-18, Argus Media:

Malaysia’s state-owned Petronas has awarded three oil and gas production-sharing contracts under its 2022 bidding round, as it looks to maximise the value of the country’s oil and gas resources.

The contracts, awarded under the Malaysia Bid Round (MBR) 2022, are for three clusters of discovered resource opportunities, Petronas said on 17 January. The A and Baram Junior clusters are located off the coast of Sarawak, Malaysia’s biggest oil-producing state, while the Meranti cluster is offshore peninsular Malaysia.

Strong year for drillers offshore Malaysia, Petronas confirms

March 1, 2023

Dateline 2022-12-23, Offshore:

Petronas and its petroleum arrangement contractors (PACs) achieved 10 hydrocarbon discoveries from 16 wells drilled offshore Malaysia this year.

The tally comprised eight oil and gas finds off Sarawak, and one each offshore Sabah and Peninsular Malaysia. The largest oil discovery was Nahara-1 in Block SK306 in Sarawak’s Balingian province.

POSCO, Malaysia’s Petros to join forces on carbon capture business

February 17, 2023

Dateline 2022-12-12, The Korea Economic Daily:

POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, said on Monday it has joined forces with Malaysia’s energy firm Petroleum Sarawak Bhd to push ahead with a carbon capture and storage project in Sarawak, Malaysia.

POSCO International Corp., POSCO Engineering & Construction Co. and Petroleum Sarawak, more commonly known as Petros, have signed a memorandum of understanding on the CCS project, according to the Korean company.

Sarawak aspires to be in the lead in renewable energy

February 6, 2023

Dateline 2023-11-04, Borneo Post:

Sarawak wants to be in the lead for renewable energy in Asia and maintains at least 60 per cent renewable energy capacity mix by 2030.

Deputy Minister for Energy and Environmental Sustainability Dr Hazland Abang Hipni said Sarawak’s desire to achieve 600,000 tonnes of carbon emission reduction through mobility electrification could be achieved with the cooperation of all relevant parties.

Mubadala Discovers Gas Field Off Malaysia

February 3, 2023

Dateline 2022-11-01, JPT:

Mubadala Energy and its partners have announced a new gas discovery offshore Malaysia via the Cengkih-1 exploration well in Block SK 320. The exploration well was drilled to a total depth of 1680 m and encountered a 110-m gas column in the Miocene Cycle IV/V pinnacle carbonate reservoirs. The Cengkih-1 well is located nearly 220 km off the Bintulu coast in Sarawak.

The discovery is near the Pegaga gas field, also located within Block SK 320. Mubadala Energy and its partners began production from the Pegaga field in March 2022.

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.

Sarawak premier aims to turn state into regional renewable energy powerhouse

January 25, 2023

Can I get a work permit for Sarawak, please?

Dateline 2022-10-25, Malay Mail:

Tan Sri Abang Johari Openg today said the Sarawak government is focused on using its power exports to make the state into the centre of renewable energy for South-east Asia.

He said that as Malaysia’s largest renewable energy provider, Sarawak can play a key role in accelerating the region’s energy transition by sharing its resources with its neighbours.

“Sarawak’s Growth Agenda supports a resilient and sustainable energy future for a common regional prosperity,” he said in his address at a forum held in conjunction with the Singapore International Week 2022.

Petronas discover gas from its Cengkih-1 exploration well in Sarawak

December 9, 2022

Dateline 2022-09-20, NST:

Petroliam Nasional Bhd (Petronas) has announced a gas discovery from its Cengkih-1 exploration well in Block SK 320 in the Central Luconia Province, about 220 kilometres off the coast of Bintulu, Sarawak.

The exploration well was successfully drilled to a total depth of 1,680 metres in August 2022, hitting more than 110 metres of gas column in Miocene Cycle IV/V pinnacle carbonate reservoirs, firming up more gas resources within Block SK320.

In a statement, the company said Mubadala Development Company Oil and Gas Ltd operates the block with a 55 per cent participating interest in the production sharing contract (PSC).

Sarawak Poised to be Hydrogen Producer by 2027, Says Premier – Malaysia

November 22, 2022

I guess this is one way the rainbow coloured flag will fly, with blue hydrogen, grey hydrogen, PETRONAS hydrogen. What hydrogen are you?

Dateline 2022-09-07, Hydrogen Central:

Sarawak is positioning itself to be a commercial hydrogen producer by 2027 thus realising the vision of turning the state into a hydrogen economy.

Sarawak Premier Tan Sri Abang Johari Openg said to achieve the vision Sarawak is taking the necessary measures and rolling out various initiatives to develop the state hydrogen economy.