MISC and Bumi Armada agree to explore tie-up of their offshore businesses, aiming to establish one of the world's leading ...

Malaysian energy behemoth Petronas has started the ball rolling for the front-end engineering and design (FEED) work for its ...

The collaboration aims to strengthen partnerships in upstream exploration and production of oil and gas internationally.

PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) is likely to ramp up spending on capital expenditure (capex) on upstream oil and gas (O&G) activities but continue paying lower dividends next year.

The agreements were formalised at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2024.

The company has maintained a presence in Iraq from 2010. As of 2016, Petronas upstream had entered 23 countries globally, with 216 producing fields, 381 offshore platforms and 21 floating facilities.

Higher capital investment in upstream reserves and new businesses could weigh on Petronas’ bond spreads, Bloomberg Intelligence analyst Mary Ellen Olson wrote in a note earlier this month.

Higher capital investment in upstream reserves and new businesses could weigh on Petronas’ bond spreads, Bloomberg Intelligence analyst Mary Ellen Olson wrote in a note earlier this month.

Higher capital investment in upstream reserves and new businesses could weigh on Petronas’ bond spreads, Bloomberg Intelligence analyst Mary Ellen Olson wrote in a note earlier this month. Still, she ...