Petronas is now regarded as one of the new Seven Sisters of the oil and gas industry.

Petronas is now regarded as one of the new Seven Sisters of the oil and gas industry.

The original "Seven Sisters" were: Standard Oil of New Jersey, Royal Dutch Shell, Anglo Persian Oil Company, Standard Oil of New York, Standard Oil of California, Gulf Oil and Texaco.

Emerged out of the original seven sisters - ExxonMobil and Chevron of the US and Europe's BP and Royal Dutch Shell

New Seven Sisters as Saudi Aramco (Saudi Arabia), Gazprom (Russia), CNPC (China), NIOC (Iran), Pdvsa (Venezuela), Petrobras (Brazil) and Petronas.

read more here: http://www.redorbit.com/news/business/1540149/petronas_one_of_the_new_seven_sisters/

Mobile offshore production units facilities in Sarawak

MISC Bhd has been awarded a contract worth about US$320mil to US$360mil from PCPP Operating Co Sdn Bhd for the lease of two mobile offshore production units facilities for the latter’s development projects in Sarawak.

PCPP is a joint venture between Petronas Carigali, PetroVietnam and Pertamina of Indonesia.

First oil production for the D30 field was expected in June 2009 and for the DANA field in September 2009.

more at http://biz.thestar.com.my/news/story.asp?file=/2008/8/14/business/1802322&sec=business

onshore natural gas pipeline in Sabah

Punj Lloyd bagged $500 million Sabah Sarawak Gas Pipeline project in Malaysia. The scope of work involves engineering, procurement, construction and commissioning of an onshore natural gas pipeline from the proposed Sabah Oil and Gas Terminal in Kimanis, Sabah to Petronas Liquefied Natural Gas complex in Bintulu, Sarawak State and associated facilities.source: http://economictimes.indiatimes.com/stocks_in_news_home/Punj_Lloyd_bags_new_order_of_68_mn/articleshow/2913961.cms