There are 177 news based on search keyword " offshore"

Energy Security Remains Paramount Amid Escalating Geopolitical Tensions - Petronas 

KUALA LUMPUR, March 31 (Bernama) -- Energy security will remain paramount as the global energy system comes under increasing strain from escalating geopolitical tensions in West Asia, Petroliam Nasional Bhd (Petronas) said today.

Risk Of West Asia Escalation May Push Global Oil Prices Higher -- Rystad Energy

KUALA LUMPUR, March 31 (Bernama) -- Global oil prices could remain elevated if the West Asia conflict escalates further in the absence of a ceasefire, independent research and energy intelligence company Rystad Energy said today.

HKIA’s Proposed Capital Changes Could Boost Hong Kong’s Reinsurance Market - AM Best

KUALA LUMPUR, March 26 (Bernama) -- The Hong Kong Insurance Authority’s (HKIA) proposed changes to how non-life insurers’ required capital levels are evaluated for natural catastrophes, man-made risks, and offshore reinsurance could strengthen Hong Kong’s position as a global reinsurance and risk management hub, according to a new AM Best report.

OSV Operators Set To Gain As Oil Firms Shift Focus From West Asia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.

Walton Unveils US Land Fund For Offshore Investors

KUALA LUMPUR, March 18 (Bernama) -- Walton Global (Walton), a real estate investment, land banking and land asset management company, has launched the United States (US) Land Income & Growth Fund for offshore investors.

Megah Port Management, Labuan Port Authority Ink Agreements To Boost Port Operations

KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.

Institutions Over Barrels: Why Petronas Matters to Malaysia’s Energy Security

By Samirul Ariff

Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.

Diversified Supply Shields Malaysia From Immediate Oil Disruptions -- MPRC

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s oil supply remains stable, cushioned by diversified crude and product sourcing, as well as deepwater storage and terminal infrastructure at the Pengerang Integrated Petroleum Complex (PIPC).

EIG’s MidOcean Energy Expands Gorgon LNG Stake Through JERA Acquisition

KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.

Petronas Closely Monitoring Developments In Middle East

By Siti Radziah Hamzah

KUALA LUMPUR, March 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) is closely monitoring the developments in parts of the Middle East with concern and remains fully committed to ensuring the safety, security and welfare of its employees, dependents, as well as its contractors who are supporting its operations across the region.

Wasco Bhd's FY2025 Net Profit Rises To RM160.5 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Wasco Bhd's net profit rose to RM160.54 million for the financial year ended Dec 31, 2025 (FY2025), from RM153.04 million in the preceding year.

Bank Indonesia Maintains Policy Rate At 4.75 Pct, Signals Room For Future Cuts

JAKARTA, Feb 19 (Bernama) -- Bank Indonesia (BI) has maintained its benchmark policy rate at 4.75 per cent, citing heightened global uncertainty while keeping the door open for potential easing.