PETRONAS subsidiary signs concession agreement with the Government of Oman and OQ Exploration and Production Batinah Offshore LLC to explore hydrocarbons in Block 18.

The landmark agreement ensures Malaysia receives two million tonnes of liquefied natural gas annually from 2028, bolstering national energy security and long-term portfolio resilience.

PETRONAS’s MPM partners with SLB and Microsoft to advance AI, machine learning, and HPC integration, strengthening Malaysia’s upstream exploration and development.

Bindu field, 210 km offshore Terengganu, started gas output June 9 2025, targeting 75 MMSCFD via two solar-powered wells.

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.

The SFA PSC, which covers a sub-block area located within the Sandakan Basin was awarded to Dialog Resources Sdn Bhd (Dialog) as the sole operator.

The Serpang Working Area covers approximately 8,498 square kilometres, while the Binaiya Working Area spans 8,484 square kilometres.

Located in the Caspian Sea, the Block I concession currently produces approximately 400 million cubic feet of natural gas per day.