Mubadala, Inpex among suitors of SapuraOMV
Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about US$1.2bil, according to two sources with direct knowledge.
Japan's Inpex to delay investment decision on Indonesia's Abadi LNG project due to pandemic, climate change
Japanese energy company Inpex Corp expects its final investment decision (FID) on the Abadi liquefied natural gas project in Indonesia to be delayed because Covid-19 has disrupted survey work and adjustments may be needed due to climate change, a senior executive said on Tuesday.
Inpex signs gas deal with PGN
JAKARTA: Japanese energy firm Inpex has signed a memorandum of understanding (MoU) with a third Indonesian state-owned enterprise this year to sell gas from its multibillion-dollar Abadi mega project in Maluku.
SMJ Energy inks two more offshore exploration deals
The Sabah state government, through its wholly owned entity SMJ Energy Sdn Bhd, continues its expansion in the oil and gas sector with the signing of two key agreements for exploration blocks SB306A and SB306B located offshore of the state's east coast.
Sabah secures further stake in offshore exploration blocks
KOTA KINABALU: The Sabah Government, through its wholly owned entity SMJ Energy Sdn Bhd, continues its expansion in the oil and gas sector with the signing of two key agreements for Exploration Blocks SB306A and SB306B, located offshore Sabah's east coast.
PETRONAS concludes MBR 2024 with signing of two PSCs
KUALA LUMPUR: Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.
Alaskan officials to seek investors in Asia as Trump touts LNG
TOKYO: Alaska's governor and state representatives will visit Japan and three other Asian countries starting this week to court investors for a natural gas project that President Donald Trump (pic) says could pump trillions of dollars into the US, although Japanese energy firms remain sceptical.
Potentia Energy buys Australian renewable energy assets
Potentia Energy, a joint venture between Italy’s Enel Green Power and Japan’s Inpex Corp, will buy controlling stakes in 1GW worth of renewable energy projects in Australia from private equity and superannuation fund investors.
Japan announces Indonesian projects worth US$815mil on PM Ishiba’s visit
JAKARTA: Japanese Prime Minister Shigeru Ishiba announced a set of projects in Indonesia worth a total of 129 billion Japanese yen (US$815 million) during his visit to Jakarta on Saturday (Jan 11) for a meeting with President Prabowo Subianto.
Cheaper hydrogen production costs target
KUCHING: The Sarawak government, in partnership with Japan’s ENEOS Corp, is advancing efforts to jointly develop a competitive supply chain for clean hydrogen production in the form of methylcyclohexane (MCH).
PETRONAS interested to join Abadi LNG project - Indonesian regulator
JAKARTA: Malaysian state oil and gas company Petronas has expressed interest to participate in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.
PETRONAS interested to join Abadi LNG project
PETALING JAYA: Malaysian state oil and gas (O&G) company Petroliam Nasional Bhd (PETRONAS) has expressed interest to participate in Indonesia’s takeover of Shell’s stake in the Abadi liquefied natural gas (LNG) project, Indonesia’s upstream O&G regulator told a Parliamentary hearing in Jakarta yesterday.
Japan's Nikkei gains on tech, China boosts; 7-Eleven owner jumps
TOKYO: Japan's Nikkei share average rose on Wednesday, as tech stocks tracked their U.S. peers higher and renewed hopes of a China stimulus helped lift the mood.
Indonesia to make biomethane from palm oil in 2025
PGN, a Pertamina subsidiary, and three Japanese companies are looking to produce biomethane from palm oil mill effluent (POME) to meet rising natural gas demand and reduce methane emissions.
Energy firms boost gas exploration in South-East Asia to meet growing demand
Energy companies are ramping up exploration activities in Southeast Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company executives and analysts said.
Firms boost gas activity in S-E Asia
Energy companies are ramping up exploration activities in South-East Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company executives and analysts say.
Japan boosts reliance on allies for LNG supplies
TOKYO: Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas (LNG) from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s.
Malaysia's upstream O&G industry remains attractive to investors - BMI
KUALA LUMPUR: Malaysia’s upstream oil and gas (O&G) industry remains vibrant and continues to attract investors or petroleum arrangement contractors (PACs), as evidenced by participation in previous petroleum bidding rounds, said BMI.
PETRONAS awards seven new PSCs under Malaysia bid round 2023, launches Malaysia bid round 2024
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) today awarded production sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023), which is expected to garner more than RM1.3 billion worth of capital investment to the country in the form of exploration work activities.
PETRONAS awards seven new PSCs
Petroliam Nasional Bhd (PETRONAS) has awarded production-sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023).