The block, which spans about 3,390 sq km, lies directly adjacent to Block 52 where Petronas has recorded a series of exploration and appraisal successes, the company said in ...

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Eni and Petronas have signed a framework agreement to establish a new jointly participated company that will oversee their ...

The signing ceremony took place during the Suriname Energy Oil and Gas Summit and Exhibition, with Petronas represented by ...

Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas Suriname E&P BV has inked a production sharing contract (PSC) with ...

PARAMARIBO: PETRONAS, through its wholly-owned subsidiary PETRONAS Suriname E&P B.V. ("PSEPBV"), has signed a Production ...

Suriname’s state energy company Staatsolie has signed a production-sharing contract with Paradise Oil Company, a subsidiary ...

Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a ...

KUALA LUMPUR] Malaysia’s state-owned oil and gas company Petronas is looking to expand output from more affordable assets abroad in an effort to cut production costs and rein in declining profits.

Petroliam Nasional Bhd, or Petronas, aims to cut its oil production break-even cost to US$50 (RM212) per barrel, down from ...

Malaysia is expected to remain a key area for investments in the oil and gas sector, particularly in upstream activities, ...

Philippe Levy, president of Hanwha Ocean’s offshore business, outlines his company’s strategy to build its own floating production, storage and offloading vessel design, and to hire experienced profes ...