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PETALING JAYA: Borneo Oil Bhd, via its indirect subsidiary, Borneo Oil (Sabah) Sdn Bhd (BOS) has obtained the license from Petroliam Nasional Bhd (PETRONAS) as a Sabahan vendor.
KYIV (Reuters) -A Russian drone attack has damaged warehouses owned by Ukraine's state gas producer in the central region of Poltava during a truce on energy strikes, officials said on Friday, while the company said its gas production facilities had been damaged.
PETALING JAYA: Borneo Oil Bhd, via its indirect subsidiary, Borneo Oil (Sabah) Sdn Bhd (BOS) has obtained a licence from Petroliam Nasional Bhd (PETRONAS) as a Sabahan vendor.
Steel Hawk Bhd's wholly-owned subsidiary, Steel Hawk Engineering Sdn Bhd, has been appointed as a panel contractor for engineering, procurement, construction and commissioning (EPCC) works for remote operations by PETRONAS Carigali Sdn Bhd, a wholly owned subsidiary of Petroliam Nasional Bhd (PETRONAS).
KOTA KINABALU: Finance Minister Datuk Seri Masidi Manjun has urged local Oil & Gas Services and Equipment (OGSE) companies to capitalise on emerging opportunities and enhance their competitiveness in the industry.
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS), through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.
KUALA LUMPUR: Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.
Malaysian oil and gas service and equipment (OGSE) providers, which have long relied on contracts from Petroliam Nasional Bhd (PETRONAS), are being asked to venture abroad and "compete with the top".
The latest target for Malaysia's oil and gas service and equipment (OGSE) providers is to create five regional champions. This was revealed this week by Economy Minister Datuk Seri Rafizi Ramli in the mid-term review of the sector.
PETALING JAYA: Notwithstanding the decline in oil prices, 2025 earnings for the sector are expected to be resilient on the back of selective and sound investments, says MIDF Research.
KUALA LUMPUR: Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.
KUALA LUMPUR: The decision was made to avoid internal party conflicts that could negatively impact the Unity Government leadership.
Oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.
KOTA KINABALU: Sabahans are urged to seize the opportunity to tap into the growing oil and gas services and equipment (OGSE) industry in the state, said Datuk Seri Masidi Manjun.
PETALING JAYA: The oil and gas services and equipment (OGSE) industry recorded its highest revenue in over a decade for the financial year 2023 (FY23), according to the latest edition of OGSE100 by the Malaysia Petroleum Resources Corp (MPRC).
The proposed US tariffs on steel and aluminium imports are poised to escalate costs for US oilfield services companies, which rely on these metals for their operations.
Crude palm oil (CPO) prices will likely be traded higher in 2025 given anticipation of declining exports by world's largest producer, Indonesia amid its government decision to roll out the B40 biodiesel mandate.
Analysts are largely keeping to their positive outlook on the oil and gas (O&G) industry, underpinned by the expected increase in demand for exploration and fuel transportation, while also being likely to benefit from carbon capture, utilisation and storage (CCUS) ventures.
Analysts are mildly positive about the oil and gas (O&G) industry following the release of Petroliam Nasional Bhd's (PETRONAS) 2024 results, which showed lower profits. They also highlighted segments within the industry that could be worth looking into.
KUALA LUMPUR: The government is committed to earring the role of women in the old and gas industry, especially at the decision-making level, says Economy Ministry's Deputy secretary-general Datuk Dr Yatimah Sarjiman.
