Petrovietnam to Boost Energy RE Cooperation With Petronas
Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) plans to expedite cooperation in Vietnam’s energy gas sector, encompassing upstream, and downstream activities, gas and renewable energy (RE) to enhance collaboration in power generation and grid connectivity from Vietnam to Malaysia.
Shell taps Noble’s 2013-built rig for Asian offshore drilling assignment
Brunei Shell Petroleum, a subsidiary of the UK-headquartered energy giant Shell, has booked a drillship owned by Noble Corporation, a U.S.-based offshore drilling player, for a drilling campaign off the coast of Brunei in Southeast Asia, on the northern coast of the island of Borneo.
Big-time price rollback for gasoline, kerosene on March 11
MANILA – For two consecutive weeks, oil firms will slash pump prices effective March 11, with biggest cuts on gasoline and kerosene prices. In separate advisories, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil, and Shell said they will reduce gasoline prices by PHP1.70 per liter and 90 centavos per liter for diesel.
Shell Launches Next Phase of Malaysia’s Deepwater Project with First Oil Production
Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development off Malaysia.
PV GAS to provide clean energy for key power plants for 25 years
The corporation recently signed a contract with Petrovietnam Power Corporation (PV Power) to provide LNG power for the commercial operations of Nhon Trach 3 and 4 thermal power plants, which PV Power manages, for 25 years.
Valeura Energy completes Manora field drilling
Valeura Energy Inc. completed a five-well infill drilling campaign comprising three production- wells and two appraisal wells at Manora field in License G1/48 offshore Gulf of Thailand.
Gasoline, diesel, kerosene pump prices down Tuesday
Motorists will be greeted with cheaper pump prices this week, as fuel retailers are set to implement a rollback on Tuesday, but this will not be enough to offset the increases that have been made so far this year.
Sapura Energy bags drilling contracts totalling US$720m
Malaysia’s Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts with a combined value of approximately MYR3.2 billion (US$720 million) including options.
