Malaysia's offshore drilling contractor, Velesto Energy Berhad (VEB) announced that Velesto Drilling Sdn Bhd (VED), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn Bhd,...
Icon Offshore Bhd announced that the company has sell its jack-up rig to Saudi Arabia-based ADES Saudi Limited for USD85 million (equivalent to approximately...
PETRONAS Petróleo Brasil Ltda. (PPBL), a subsidiary of PETRONAS has announced its first oil discovery in 4-BRSA-1386D-RJS well in the pre-salt Sépia oil field. In...
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has secured...
Kuala Lumpur, 30 August 2021 – PETRONAS has signed two new Small Field Asset (SFA) Production Sharing Contracts (PSCs) with Rex International Holding Limited (Rex)...
Velesto Energy Bhd (VEB) announced that its subsidiary Velesto Drilling Sdn Bhd has received a Letter of Award from Hess Exploration and Production Malaysia...
PC Myanmar (Hong Kong) Limited (PCML), a subsidiary of PETRONAS, has declared Force Majeure (FM) on its Yetagun field on 1 April 2021 due...
Velesto Energy Berhad (VEB) announced that its wholly owned subsidiary Velesto Drilling Sdn Bhd (VED) has received two (2) Letter of Awards from PETRONAS Carigali...
Kuala Lumpur, 21 April 2021 – PETRONAS has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small...
Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the...