Petronas

Petroliam Nasional Berhad (PETRONAS) is a global energy company.

More Info on Petronas

As Malaysia’s national oil and gas company, Petronas aims to safeguard and manage the nation’s hydrocarbon resources. 

Articles

Courtesy TGS
Penyu Basin seismic map
Petronas, ADNOC and Storegga have signed a joint carbon capture and storage (CCS) study and development agreement.
Aug. 22, 2024
Courtesy Petronas
Petronas says that it is considering deployment of an FLNG vessel offshore Suriname, similar to its PFLNG SATU deployed offshore Sarawak.
Field development option comes after the success of its Sloanea-2 appraisal well in block 52.
Aug. 22, 2024
Courtesy Sarens
Malaysia Marine and Heavy Engineering, responsible for the construction of the Kasawari platform processing module for the project, turned to Sarens in 2022 to lift the fabricated structure, weighing about 21,000 tons, using a set of eight CS5000 hydraulic jacks to facilitate its loading to its final location.
Petronas has produced first gas from the Kasawari field development in Block SK316, 200 km offshore Sarawak.
Aug. 22, 2024
Courtesy Jadestone Energy
Jadestone Energy
Petronas has awarded production sharing contracts (PSCs) for three clusters of discovered resource opportunities offshore Peninsular Malaysia.
July 26, 2024
Courtesy Petronas
petronas_operations
Petronas E&P Bobara has signed a production sharing contract (PSC) for the Bobara working area offshore West Papua, eastern Indonesia.
May 16, 2024
Courtesy Staatsolie
offshoredrillship
Petronas has discovered oil and gas in Block 52 offshore Suriname.
May 16, 2024
Photo 219963626 © Nicoelnino | Dreamstime.com
ccs
Petronas CCS Solutions has signed an agreement with Japan’s JERA to assess the feasibility of developing a comprehensive carbon capture and storage (CCS) value chain.
April 2, 2024
Courtesy Petronas
Petronas’ first FLNG facility, PFLNG SATU, achieved its first gas milestone in November 2016 from the Kanowit gas field offshore Sarawak.
Petronas’ average production in 2023 fell slightly to 2.43 MMboe/d, due mainly to lower crude oil output from Malaysia.
March 19, 2024
Photo 288436684 | Map © Libin Jose | Dreamstime.com
west_papua
Indonesia’s Ministry of Energy and Mineral Resources has awarded Petronas subsidiary PC North Madura II the Bobara working area offshore West Papua, under the Indonesia Petroleum...
March 14, 2024
Courtesy Thunder Cranes
thunder_cranes
Thunder Cranes will provide portable-modular offshore rental cranes, supporting Petronas operations in Malaysia.
March 4, 2024

News

Courtesy TechnipFMC
PFLNG Satu
PETRONAS LNG has signed a heads of agreement with SMJ Energy, confirming the latter’s 25% equity participation in PFLNG 3 Sdn. Bhd.
July 23, 2025
ID 40763259 © Tameek | Dreamstime.com
earth map with focus on Malaysia
Petronas, via Malaysia Petroleum Management, has confirmed two new agreements for exploration and development offshore Sabah, Malaysia.
July 14, 2025
Courtesy MISC Berhad
Illustration of the LCO₂ Carrier
Petronas CCS Venture, MISC Berhad and Mitsui O.S.K. Lines have formed the joint venture Jules Nautica.
June 18, 2025
Courtesy Welligence Energy Analytics
Welligence Energy Analytics reported on its LinkedIn on June 17: 'Petronas has awarded two new PSCs as part of the Malaysia Bid Round 2025. Dialog Group Berhad secured the Mutiara Cluster PSC, whilst the Temaris Cluster PSC was awarded to Seascape Energy Asia Plc. In parallel to these awards, TotalEnergies has acquired a 50% operated interest in Petronas Carigali’s SK310B and SK313, where over 4 Tcf of gas has been discovered. The farm-in will also include several offshore exploration blocks in Malaysia. Additionally, Petronas has signed technical evaluation agreements with AFED TEXCAL for the Langkasuka Basin in the Straits of Malacca and with POSCO International Corp. for the Layang-Layang Basin off the coast of Sabah.'
Petronas has awarded Seascape Energy a 100% operated interest in a small field asset production sharing contract offshore peninsular Malaysia.
June 18, 2025
Courtesy Petronas
Petronas extends operatorship of Caspian Sea gas concession
Petronas has signed a new PSC with Turkmennebit for the block 1 gas and condensate fields.
May 18, 2025
Courtesy MHB
SK316 Project
Petronas subsidiary PC North Madura II has secured interests in two offshore production sharing contracts (PSCs) under the second Indonesia Petroleum Bid Round 2024.
April 28, 2025
ID 46030549 © Kojinaka | Dreamstime.com
Offshore Vietnam and Malaysia partnership
Petronas and PetroVietnam have extended their upstream arrangements for the PM3 CAA concession overlapping waters offshore Malaysia and Vietnam by a further 20 years.
April 15, 2025
Courtesy Petronas
Petronas offshore project
Petronas’ 2025-2027 Activity Outlook for Malaysia’s oil and gas sector predicts about 15 exploration wells annually over the next two years.
Feb. 5, 2025
ID 140212923 © Hyotographics | Dreamstime.com
offshore Malaysia
Petronas has transferred operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) offshore Malaysia to ConocoPhillips Sabah Gas.
Jan. 31, 2025
Courtesy Petronas
MPM development
Petronas subsidiary PC North Madura II has committed to develop the Hidayah oil field in the North Madura II contract area offshore East Java, Indonesia.
Jan. 11, 2025

Additional content from Petronas

Courtesy Petronas
RINA awarded contract for pre-FEED study by PETRONAS CCS Solutions to support CCS project in Malaysia
Petronas CCS Solutions has commissioned RINA to conduct a pre-FEED study for a carbon capture and storage (CCS) project in Malaysia.
Dec. 16, 2024
Courtesy Petronas
PFLNG Satu
Petronas, via Malaysia Petroleum Management, has awarded production sharing contracts (PSCs) under the Malaysia Bid Round 2024, opened earlier this year.
Dec. 12, 2024
Courtesy NOV
NOVOS reflexive drilling
Velesto Drilling has signed a memorandum of understanding (MoU) with Petronas and NOV to develop mechanized automation processes and integrate robotics into drilling operations...
Nov. 21, 2024
ID 334267523 © Pietro Artem | Dreamstime.com
offshore oil and gas
Petronas and CNPC will look to develop an open communication platform to facilitate exchange of knowledge, insights and best practices to drive sustainable energy development....
Nov. 21, 2024
ID 130810908 © Funtap P | Dreamstime.com
digital transformation
Petronas, via Malaysia Petroleum Management, has signed two memoranda of understanding.
Nov. 8, 2024
Photo 140212631 © Hyotographics | Dreamstime.com
malaysia
Petronas has awarded production sharing contracts for six exploration blocks and one discovered resource opportunities cluster under the Malaysia Bid Round 2023.
Jan. 24, 2024
Courtesy PetroVietnam
gian_khoan_pvdrilling_2
Petronas has signed a memorandum of cooperation with PetroVietnam to explore collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam...
Nov. 15, 2023
Courtesy Staatsolie
Offshore Map
Petronas, in partnership with Exxon Mobil, has discovered oil in the deepwater Roystonea prospect in Block 52 offshore Suriname.
Nov. 3, 2023
Courtesy Petronas
Malaysia Petroleum Management (MPM) has been the governing body for Malaysia’s petroleum development since Petronas’ establishment in 1974.
Petronas has signed a late life asset production sharing contract with Ping Petroleum for the Abu Cluster offshore Peninsular Malaysia.
Oct. 31, 2023
Courtesy CGG
In this CGG illustration, orange represents Block 21 3D and green represents Block 22 3D, both located offshore West Africa. Black dots are wells.
TotalEnergies EP Angola has transferred a 40% interest in Block 20 in the Kwanza Basin offshore Angola to Petronas Angola E&P for $400 million.
Sept. 28, 2023
Photo 132528154 © Wrightstudio | Dreamstime.com
Ai Machine Learning Hpc
Petronas Digital has formed a strategic collaboration with Microsoft and Cegal to accelerate digital innovation across Petronas’ upstream operations.
Aug. 21, 2023
Courtesy FourPhase
Fourphase Bulk Desander
Petronas Technology Ventures has signed a memorandum of understanding with solids separation specialist FourPhase to develop sand management technologies for the oil and gas sector...
June 7, 2023
Courtesy Petronas
ProShield+ can be added to major paint systems to double the average lifespan of surface coating to last up to 16 years.
Petronas also revealed it has developed a new paint additive for steel structures that addresses corrosion-related issues impacting asset integrity.
April 6, 2023
Photo 219963543 © Nicoelnino | Dreamstime.com
Low Emissions
Petronas has signed a memorandum of cooperation with Japan Organization for Metals and Energy Security (JOGMEC) to cooperate in energy transition initiatives.
March 6, 2023
Photo 37482021 © Armrule | Dreamstime.com
Offshore Sabah Malaysia
Petronas Carigali has signed a heads of agreement with the Sabah State Government.
Feb. 23, 2023
Photo 1927854 © Yap Kee Chan | Dreamstime.com
Offshore Malaysia
Petronas and its petroleum arrangement contractors achieved 10 hydrocarbon discoveries from 16 wells drilled offshore Malaysia this year.
Dec. 22, 2022