PETRONAS (Petroliam Nasional Berhad) is a Malaysian multinational oil and gas company established in 1974, wholly owned by the Government of Malaysia. Entrusted with the responsibility of developing and adding value to the nation's oil and gas resources, PETRONAS has grown into a fully integrated energy corporation with a presence in over 100 countries. The company's operations encompass the entire spectrum of the oil and gas value chain, including exploration, development, production, refining, marketing, and distribution of petroleum products, as well as petrochemical manufacturing. Committed to sustainability, PETRONAS aims to play a key role in the energy transition by focusing on energy security and delivering energy solutions responsibly.
The shipment departed for Japan aboard the 174,000-cbm Puteri Sejinjang LNG vessel, marking a significant milestone for PETRONAS’ investment in Canada.
Block 66 lies directly adjacent to Block 52 in the deepwater region offshore Suriname, where PETRONAS has recorded a series of exploration and appraisal successes.
The collaboration advances PETRONAS’ growth strategy of partnering with purpose to create sustainable value for its shareholders while delivering reliable energy.
This delivery signifies the beginning of PLL’s cooperation with PV Gas, a subsidiary of PETROVIETNAM (PVN), paving the way for future collaboration to support Vietnam’s energy security needs.
Designed to maximise resource recovery and enhance production efficiency, the project is tied back to the Gumusut-Kakap Floating Production System (FPS).
The Malay basin presents substantial opportunities for Carbon Capture and Storage (CCS), positioning it as a key player in sustainable energy development.
The MoU for strategic partnership will strengthen collaboration, among other things, in the upstream exploration and production of oil and gas internationally and the LNG value chain.