1d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.
1d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) aims to sustain domestic production at approximately two million barrels of oil equivalent per day (MMboe/d) in the next three years through continued investment in exploration, deepwater development and enhanced oil recovery.
6m ago
KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.
10m ago
KOTA KINABALU, March 7 (Bernama) - The Sabah government has called on oil and gas services and equipment (OGSE) companies in the state to grab opportunities in the sector provided by national oil company Petronas in the next two years.
11m ago
KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) has clarified that the decommissioning of the Sabah-Sarawak Gas Pipeline (SSGP) will only affect the section that runs through Lawas, Limbang, Miri and Bintulu in Sarawak.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.