There are 151 news based on search keyword " offshore"

Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.

Former Labuan IBFC Executive Chairman Iskandar Nuli Appointed MIFSA CEO

LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.

Perdana Petroleum's Net Profit Lower To RM41.69 Mln In 3Q

KUALA LUMPUR, Nov 19 (Bernama) -- Perdana Petroleum Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) declined to RM41.69 million from RM75.80 million a year ago. 

Petronas Declares Commerciality Of Sloanea Field In Suriname Block 52

KUALA LUMPUR, Nov 14 (Bernama) -- National oil and gas company Petronas has announced that a natural gas project in Suriname has been deemed commercially viable. 

PETROS Inks Strategic Energy Deals With International Partners

KUCHING, Nov 11 (Bernama) -- Petroleum Sarawak Bhd (PETROS) has signed three strategic energy agreements with international partners to advance oil and gas exploration and accelerate carbon capture, utilisation and storage (CCUS) initiatives in Sarawak.

Petronas Unit Receives Malaysia’s First Offshore CCS Assessment Permit

KUALA LUMPUR, Nov 10 (Bernama) -- Petronas’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV) has been granted an offshore assessment permit for Carbon Capture and Storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency.

OMS Energy Bets On AI, Robotics To Lead The Next Oilfield Revolution

KUALA LUMPUR, Nov 10 (Bernama) -- Singapore-based OMS Energy Technologies Inc is seeking global partners in artificial intelligence (AI) and robotics to develop advanced pipeline monitoring solutions aimed at enhancing safety, efficiency and cost-effectiveness in the oil and gas sector.

Federal Loans Are Only For Development, Not Operating Expenses – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The government stressed that loans to cover current operating expenses have never occurred, rather every loan is made for the purpose of developing the country's future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

CIMB Enters Panda Bond Market With Record RMB3 Bln Issuance

KUALA LUMPUR, Oct 31 (Bernama) -- CIMB Bank Bhd has made its debut of 3.0 billion renminbi (RMB; 100 RMB=RM58.94) three-year Panda Bond issuance in the China Interbank Bond Market, making it the largest single-tranche issuance by a Malaysian institution to date.

Eversendai Unit Commences Fabrication For LanWin2 Project

KUALA LUMPUR, Oct 23 (Bernama) -- Eversendai Corporation Bhd unit Eversendai Offshore has commenced fabrication works for the LanWin2 project which it secured earlier from Dragados Offshore, Spain, along with BalWin3 and LanWin4 projects.

Malaysia Could Start Nuclear Power Development With Floating Power Units - Rosatom

KUALA LUMPUR, Oct 16 (Bernama) – Malaysia could begin its nuclear power development with floating power units (FPUs) as an initial step towards establishing nuclear capacity by 2031, said Rosatom Energy Projects project director Alexander Tsibulya.

Govt Debt Service Charges Expected To Increase To 16.3 Pct In 2025 -- MOF

By Anas Abu Hassan & K Naveen Prabu

KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s debt servicing charges (DSC) are projected to increase by 7.6 per cent to RM54.3 billion in 2025, accounting for 16.3 per cent of total revenue compared to a 9.0 per cent increase of RM50.5 billion or 15.6 per cent in 2024.