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Malaysia ups its energy investment ante with new oil & gas bid round

Malaysia’s state-owned oil and gas heavyweight Petronas, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026) to strengthen Malaysia’s position as an energy investment destination. The post Malaysia ups its energy investment ante with new oil & gas bid round appeared first on Offshore Energy.

TGS at work offshore Africa and in US Gulf

Norwegian energy data and intelligence company TGS has commenced two new offshore acquisition campaigns, […] The post TGS at work offshore Africa and in US Gulf appeared first on Offshore Energy.

New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award. The post New moves reinforce Sabah’s role as energy growth hub in Malaysian waters appeared first on Offshore Energy.

New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award. The post New moves reinforce Sabah’s role as energy growth hub in Malaysian waters appeared first on Offshore Energy.

Seatrium’s affiliate pursuing arbitration against Petrobras over FPSO deal

Jurong Shipyard (JSPL), a wholly-owned subsidiary of Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, has initiated arbitration proceedings against Petrobras Netherlands (PNBV), a subsidiary of Brazil’s energy giant Petrobras. The post Seatrium’s affiliate pursuing arbitration against Petrobras over FPSO deal appeared first on Offshore Energy.