the hydrocarbon potential of the Langkasuka Basin, which covers the waters of Perlis, Kedah and Penang.

Chow hopes for RM4bil sales tax windfall if Petronas strikes oil (msn.com)

 Petronas said last week it is mapping the hydrocarbon potential of the Langkasuka Basin, which covers the waters of Perlis, Kedah and Penang.

Petronas wins three O&G exploration blocks in Brazil

https://www.msn.com/en-my/money/topstories/petronas-wins-three-oandg-exploration-blocks-in-brazil/ar-AAIBgOZ?ocid=spartanntp



Petronas subsidiary Petronas Petróleo Brasil Ltda (PPBL) won three Brazil offshore oil and gas (O&G) exploration blocks during a bid round on Thursday (Oct 10).

PPBL won the CM 661, CM 715 and CM 541 blocks within the Campos Basin. 

Petronas said the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) had during the ANP round-16 concession's bid round, For blocks CM 661 and CM 715, PPBL as the operator holds 100% equity. For Block CM 541, Total, as the operator holds 40% equity, Qatar Petroleum (40%) and PPBL holds the remaining 20% equity

Besides upstream O&G operations, Petronas also has other ventures in Brazil including Petronas Lubrificantes Brasil SA, a subsidiary of Petronas Lubricants International.

Petronas undertakes its logistics business in Brazil through MISC Bhd.

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

The Kebabangan Cluster gas fields

The Kebabangan Cluster gas fields are about 130km off Sabah and comprise of the Kebabangan, Kamunsu East, Kamunsu East Upthrown and Kamunsu East Upthrown Canyon.

The natural gas produced from the Kebabangan Cluster fields is expected to be evacuated via pipelines to the Sabah Oil and Gas Terminal.

Petronas Carigali, which is Petronas’ exploration and production (E&P) arm, has 40% in the PSC while Shell Energy and ConocoPhillips will each have 30%. A joint operating company, Kebabangan Petroleum Operating Company Sdn Bhd was set up to operate the venture on behalf of the partners.

source:
http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_2fadea35-cb73c03a-39060b00-f3dbdbb0