Offshore Oil & Gas Future Development







PETRONAS AWARDS TWO OFFSHORE EXPLORATION BLOCKS

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS today awarded two Production Sharing Contracts (PSCs) for Blocks PM311 and PM312 offshore Peninsular Malaysia to Murphy Oil Corporation and PETRONAS Carigali Sdn Bhd. The PSCs mark the fifth and sixth Malaysian blocks awarded to Murphy Oil, a US-based independent petroleum company.

Under the contracts signed today, Murphy Oil will have a 75 per cent interest in each of the two blocks, with PETRONAS Carigali owning the remaining 25 per cent. Murphy Oil will operate the two blocks.

Blocks PM311 and PM312, with a combined area of about 11,000 square kilometres, are located northeast offshore Terengganu. Under the terms of the PSC, Murphy Oil will acquire and reprocess 250 square kilometres of 3D seismic data and 2,500 line kilometres of 2D seismic data for each block. The operator will also drill two exploration wells in each block. (more…)

PETRONAS BRINGS FORMULA ONE TECHNOLOGY, EXCITEMENT TO MALAYSIAN SCHOOLS

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS, in collaboration with the Ministry of Education, is bringing its “PETRONAS Tech Tour” — a mobile educational exhibition on Formula One and its technology — to Malaysian schools nationwide in its efforts to educate and create awareness of the Formula One sport and technology among students and school children.

The educational programme, with the theme of “Technology Begins In School : Fast Forwarding Malaysia”, was officially launched today by the Director-General of Education, Datuk Abdul Rafie Mahat, at the Sekolah Menengah Kebangsaan USJ 13 in Subang Jaya, Selangor, one of more than 20 schools and venues identified to host the “PETRONAS Tech Tour”. (more…)

PETRONAS AWARDS TWO OFFSHORE EXPLORATION BLOCKSTO MURPHY OIL AND PETRONAS CARIGALI

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS today awarded two Production Sharing Contracts (PSCs) for Blocks PM311 and PM312 offshore Peninsular Malaysia to Murphy Oil Corporation and PETRONAS Carigali Sdn Bhd. The PSCs mark the fifth and sixth Malaysian blocks awarded to Murphy Oil, a US-based independent petroleum company.

Under the contracts signed today, Murphy Oil will have a 75 per cent interest in each of the two blocks, with PETRONAS Carigali owning the remaining 25 per cent. Murphy Oil will operate the two blocks. (more…)

PETRONAS BRINGS FORMULA ONE TECHNOLOGY, EXCITEMENT TO MALAYSIAN SCHOOLS

Posted in : Oil & Gas News

Petronas Offshore Oil & Gas Latest NewsPETRONAS, in collaboration with the Ministry of Education, is bringing its “PETRONAS Tech Tour” — a mobile educational exhibition on Formula One and its technology — to Malaysian schools nationwide in its efforts to educate and create awareness of the Formula One sport and technology among students and school children.

The educational programme, with the theme of “Technology Begins In School : Fast Forwarding Malaysia”, was officially launched today by the Director-General of Education, Datuk Abdul Rafie Mahat, at the Sekolah Menengah Kebangsaan USJ 13 in Subang Jaya, Selangor, one of more than 20 schools and venues identified to host the “PETRONAS Tech Tour”. (more…)