- Oil & Gas
3 March 2025
–
- Malaysia
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.
–
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.
–
The Philippines, through the Department of Energy (DOE), and the Republic of Korea have officially kicked off the 2024/25 Knowledge Sharing Program (KSP), a key bilateral initiative aimed at fostering energy cooperation and building a secure, resilient energy system for the future.
–
Singapore reached the 2025 Solar Target beforehand by deploying 1.5 gigawatt-peak (GWp) of solar power by the end of 2024, as announced by Senior Minister Teo Chee Hean in the earlier parliament session on February 28, 2025. This is triple the capacity from 2020, showcasing rapid progress.
–
BANDAR SERI BEGAWAN (Xinhua): Brunei’s government revenue for the 2025/2026 fiscal year is expected to reach 3.26 billion Brunei dollars (US$2.42 billion U.S. dollars), with 75 pe rcent, or 2.45 billion Brunei dollars (US$1.82 billion) coming from the oil and gas sector, a government minister has announced.
–
The government’s latest decree exempts electric vehicles from registration fees until 2027, encouraging greener transport options.
–
Experts have outlined three key areas for PDP VIII’s revision, including updating legal frameworks, assessing the power system’s operations and forecasting socio-economic growth and electricity demand.
–
KUCHING (Feb 28): Technical discussions are now in the final stages for Sarawak’s largest regional energy collaboration, the 1,000 MW interconnection project to Singapore, said Premier Datuk Patinggi Abang Johari Tun Openg.
–
SP New Energy Corporation (SPNEC) has secured a Php 150 billion, 15-year Omnibus Loan and Security Agreement (OLSA) through its subsidiary, Terra Solar Philippines Inc. (MTerra Solar), marking a major financial milestone for the company’s renewable energy initiatives.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
