Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24.5% participating interest, with Petronas as the operator. The partnership will also include TotalEnergies with a 24.
U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its
Malaysia’s state energy firm Petronas has signed a memorandum of understanding (MoU) with Oman’s OQ Exploration and Production New Ventures (OQEP) to jointly explore oil and gas opportunities across
The development of a 2,000-megawatt offshore wind energy project linking Vietnam, Malaysia, and Singapore is expected to complete its first phase by 2034, Malaysia's Energy Minister said on Wednesday.
Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the
Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly
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