While Sarawak “accepts” Malaysia’s Petroleum Development Act (PDA) 1974 - which stipulates that Petronas has exclusive control over exploration and distribution of the country’s oil and ...

Petronas has exclusive control over exploration and distribution of the country’s oil and gas resources. (File photo: Reuters/Chris Helgren) Sarawak, which has long pushed for greater control ...

KUCHING: The issue of authority over Sarawak's oil and gas will be resolved amicably between the Federal and state ...

Block 5 is located ... Guiana border. As for Petronas, it is still unclear if the company will run exploration or appraisal work offshore Suriname. The Malaysian oil company chartered the Noble ...

According to data from the "China Offshore Energy Development Report 2024", global investment in offshore oil and gas ...

Lang Lebah [Project of the Year] gas field development project is first major victim of Petronas-Petros project, sources say ...

Both companies have been at odds for months over Sarawak's plans to take control of all gas trading within the energy-rich state away from Petronas - whose sole ... said that the country would not ...

Muhammad Taufik stressed that the right-sizing is not a result of the Sarawak ... oil and gas sale and distribution exposure narrows, Petronas’ long-term role could focus on upstream exploration ...

Malaysian oil and gas services firm Sapura Energy has ... Sapura Fabrication Sdn Bhd has won a contract from Hess Exploration and Production Malaysia B.V under the PETRONAS frame agreement… ...

Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday, citing ...

Malaysia’s state energy major Petronas needs to slash thousands ... but they might be a local reflection on global trends in oil and gas exploration, namely a shrinking poll of considerable ...

The agreement brought an end to a dispute between the federal and state governments over Sarawak’s claim over oil and gas resources and the right to impose a state sales tax on Petronas.