Jadestone acquiring two Malaysian PSCs
SINGAPORE – Jadestone Energy has agreed to acquire various field interests offshore Peninsular Malaysia from SapuraOMV Upstream for $9 million. The transaction would give Jadestone a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated stake in the PM323 PSC, containing the East Belumut, West Belumut, and Chermingat […]
Sapura Energy secures six oil and gas contracts worth RM1b
KUALA LUMPUR (April 27): Sapura Energy Bhd said today its wholly-owned subsidiaries in engineering and construction (E&C) have been awarded six contracts with a combined value of approximately RM1 billion.
Malaysia’s Petronas exports LNG in ISO tanks to China
Malaysia’s Petroliam Nasional Bhd said on Monday that it has started exports of liquefied natural gas (LNG) in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.
Indonesia’s Krakatau Steel to build 40 MW floating solar power station
JAKARTA (The Jakarta Post/ANN): State-owned steelmaker Krakatau Steel plans to build a 40 megawatt (MW) floating solar photovoltaic (PV) power station in Banten to power the operations of its water treatment subsidiary, PT Krakatau Tirta Industri (KTI). KTI signed a US$14 million deal on Monday (April 5) with energy company Akuo Energy Indonesia, a subsidiary […]
O&G players seek clarity on Malaysia’s future energy direction
KUALA LUMPUR: Oil and gas companies operating in Malaysia are seeking more clarity on the country’s future direction in the energy transition in line with the global trend of accelerating to a low or zero-carbon future. ExxonMobil Exploration and Production Malaysia Inc president Edward Graham said most O&G players were finding ways to be cost-competitive […]
Chevron plans to increase Caltex petrol stations to 100
The government has welcomed Chevron (Cambodia) Ltd’s plan to nearly triple its network of Caltex petrol stations in the Kingdom to 100, according to a senior official at the Ministry of Mines and Energy on February 28.
Indonesia Energy Recognized as Top 3 Performer in 2020
JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / February 26, 2021 / Indonesia Energy Corporation Limited (NYSE:INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that IEC’s operating company has been recognized by the state oil and gas company, Pertamina, as the top three performer in 2020 among 19 oil […]
State-owned Cambodian electricity company shortens contract with Asiatic Group subsidiary
A state-owned Cambodian electricity supplier is shortening the duration of a power purchase agreement that it has with a unit of Asiatic Group (Holdings).
