Petroliam Nasional Bhd (Petronas)

Activity Highlights

Indonesia

Indonesian Exploration Well Tested Flowing 2,100 bbl of Oil per Day

Petronas announced an oil discovery in the offshore Java North Madura II Production Sharing Contract in Indonesia. Exploration well #1-Hidayah was drilled to 2,739 m. It encountered an oil-bearing carbonate build-up with good reservoir qualities…

News

Business, Emissions

Opinion: Climate Policy is Still Front of Mind for Oil Bosses

Despite a recent shift in narrative, oil and gas executives remain focused on tackling emissions.

Business, Policy & Regulations, Energy Transition

Energy Execs at CERAWeek Call Out Vilification of Oil and Gas

Soaring prices amid the energy transition and Russia-Ukraine conflict highlight the need for the world to work with, not against, oil…

Highlights, Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 17, 2021)

A Mewbourne Oil well completed in Ochiltree County, Texas, plus a Chesapeake Energy Marcellus Shale discovery as well as additional…

Liquefied Natural Gas (LNG)

Malaysia’s Petronas Signs 10-year LNG Deal with CNOOC

The $7 billion deal valued at $7 billion is indexed to Brent and AECO.

Discoveries

Petronas Says Kulintang-1 Wildcat Hits Natural Gas Offshore Malaysia

The well encountered gas in the Oligocene to Middle Miocene sandstone reservoirs, which had not been fully evaluated before, the…