Petronas

TechnipFMC’s subsidiary, FMC Wellhead Equipment Sdn. Bhd. Awarded a Contract by PETRONAS Carigali for Limbayong Deepwater Development Project in Offshore Malaysia

Retrieved on: 
Monday, February 22, 2021
Oil, Gas, Manufacturing, Energy, Other Energy, Engineering, Companies, Petroleum industry, Offshore engineering, Industry economics), Petronas, Prime Minister's Department, Floating production storage and offloading, Technip, Subsea, Tieback, Malaysia Marine and Heavy Engineering, Petronas Tower 3

(TechnipFMC) has been awarded a substantial(1) contract by PETRONAS Carigali Sdn.

Key Points: 
  • (TechnipFMC) has been awarded a substantial(1) contract by PETRONAS Carigali Sdn.
  • (PETRONAS Carigali), a subsidiary of PETRONAS for the provision of front-end engineering design, and integrated engineering, procurement, construction, installation and commissioning of subsea production system, umbilicals, risers and flowlines (iEPCI) for the Limbayong Deepwater Development Project.
  • This contract covers the development of 10 deepwater wells and their tieback to the Limbayong Floating Production Storage and Offloading (FPSO) unit in Malaysia.
  • The project will be executed from TechnipFMCs Kuala Lumpur office and will leverage its local manufacturing plants in Malaysia.

Tan Sri Wan Zulkiflee Wan Ariffin Joins ExxonMobil Board of Directors

Retrieved on: 
Tuesday, February 2, 2021
Oil, Gas, Energy, Companies, Malaysian Muslims, Commanders of the Order of Loyalty to the Crown of Malaysia, Wan Zulkiflee, Malaysian culture, Business, Climate change denial, ExxonMobil, Darren Woods, XOM, Malaysia Airlines, Petronas

Exxon Mobil Corporation (NYSE:XOM) said today that Tan Sri Wan Zulkiflee Wan Ariffin has joined its board of directors.

Key Points: 
  • Exxon Mobil Corporation (NYSE:XOM) said today that Tan Sri Wan Zulkiflee Wan Ariffin has joined its board of directors.
  • Wan Zulkiflee served from 2015 to 2020 as president and group chief executive officer of Petronas, the national oil and gas company of Malaysia.
  • We welcome Tan Sri Wan Zulkiflee to our board, said Darren Woods, chairman and chief executive officer.
  • With the election of Wan Zulkiflee, the ExxonMobil board will increase to 11 directors, 10 of whom are independent directors.

ExxonMobil Discovers Hydrocarbons Offshore Suriname

Retrieved on: 
Friday, December 11, 2020
Energy, Other Energy, Oil, Gas, Companies, Climate change denial, ExxonMobil, Rockefeller family, Standard Oil, Oil companies, Petronas, Economy of the United States

ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobils extensive finds in the Guyana-Suriname basin.

Key Points: 
  • ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobils extensive finds in the Guyana-Suriname basin.
  • Our first discovery in Suriname extends ExxonMobils leading position in South America, building on our successful investments in Guyana, said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil.
  • ExxonMobil said in November that it is prioritizing near-term capital spending on advantaged assets with the highest potential future value.
  • ExxonMobil Exploration and Production Suriname B.V., an affiliate of ExxonMobil, holds 50 percent interest in Block 52.

TIBCO and Mercedes-AMG Petronas Formula One Team Deliver Data-Driven Results to Win Championships

Retrieved on: 
Tuesday, November 10, 2020
Software, Performance & Special Interest, Sports, Motor Sports, Data management, Technology, Automotive, Science, Automotive Manufacturing, Other Technology, Manufacturing, Other Science, Auto racing, Formula One, Motor vehicles, Mercedes-Benz, Brackley, Mercedes-Benz in Formula One, Mercedes-AMG, Petronas, Draft:Peter Bonnington, Aldo Costa

Today, TIBCO announced its TIBCO Cost Visualizer Tool and a continued relationship with the Mercedes-AMG Petronas Formula One Team, delivering real-time, visual analytics and data science capabilities.

Key Points: 
  • Today, TIBCO announced its TIBCO Cost Visualizer Tool and a continued relationship with the Mercedes-AMG Petronas Formula One Team, delivering real-time, visual analytics and data science capabilities.
  • View the full release here: https://www.businesswire.com/news/home/20201110005893/en/
    TIBCO and Mercedes-AMG Petronas Formula One Team Deliver Data-Driven Results to Win Championships (Photo: Business Wire)
    "First, all of us at TIBCO would like to congratulate the Mercedes-AMG Petronas Formula One Team for winning its seventh consecutive FIA Formula One World Constructors' Championship.
  • Formula One continues to be a data-intensive sport, where the Mercedes-AMG Petronas Formula One Team consistently collects multiple terabytes of data per race weekend.
  • The Mercedes-AMG Petronas Formula One Team is the works Formula One Team of Mercedes-Benz, competing in the FIA Formula One World Championship the pinnacle of world motorsport and the largest annual sporting series in the world.

Halliburton to Provide Digitalization for PETRONAS Exploration Activities

Retrieved on: 
Tuesday, July 28, 2020
Other Energy, Software, Oil, Gas, Internet, Energy, Engineering, Technology, Manufacturing, Companies, Petronas, Prime Minister's Department, Halliburton, Business, Economy

Halliburton Company (NYSE: HAL) today announced it received a scope expansion from Petroliam Nasional Berhad (PETRONAS) to support their upstream digitalization initiatives and reduce exploration time by increasing collaboration and efficiency.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it received a scope expansion from Petroliam Nasional Berhad (PETRONAS) to support their upstream digitalization initiatives and reduce exploration time by increasing collaboration and efficiency.
  • PETRONAS is the custodian of Malaysias oil and gas resources and a Fortune Global 500 energy company with a presence in more than 50 countries.
  • Halliburton Landmark will deliver DecisionSpace 365, its E&P cloud software that provides an integrated platform to help operators like PETRONAS achieve their business objectives.
  • We look forward to collaborating with PETRONAS and delivering this digital solution for their exploration activity, said Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions.

Petronas CEO Wan Zulkiflee on the “Obligation” to Develop All Forms of Energy; The Importance of Affordable Energy to Asia’s COVID-19 Recovery and Transforming Petronas Into a Digital Organization

Retrieved on: 
Friday, June 19, 2020
Technology, Engineering, Other Professional Services, Chemicals, Plastics, Other Energy, Manufacturing, Oil, Gas, Finance, Alternative energy, Energy, Professional services, Environment, Other Technology, Other Manufacturing, Energy economics, Articles, Energy, Petronas, Prime Minister's Department, Energy market, Energy industry

The third one is what we call 'Petronas Fast-forward'this is to look at what happens after this episode.

Key Points: 
  • The third one is what we call 'Petronas Fast-forward'this is to look at what happens after this episode.
  • The first thing that we did as early as mid- January was we set up our Petronas pandemic response team.
  • On Asias energy markets, a fragile recovery and an increased emphasis on affordable energy:
    Asia remains [a growth driver] in demand.
  • For energy companies like us, our obligation to the markets is to develop all forms of energy.

Petronas Offers Two Offshore Production Units for Sale on Liquidity Services Marketplace, AllSurplus, to Manage Energy Industry Surplus Equipment

Retrieved on: 
Tuesday, March 10, 2020
Liquidity Services, Petronas, Offshore, Companies, Economy of Malaysia, Business organizations

BETHESDA, Md., March 10, 2020 (GLOBE NEWSWIRE) -- AllSurplus, a Liquidity Services (NASDAQ: LQDT) online auction marketplace, is currently marketing two offshore production units from Petronas in a private treaty sale.

Key Points: 
  • BETHESDA, Md., March 10, 2020 (GLOBE NEWSWIRE) -- AllSurplus, a Liquidity Services (NASDAQ: LQDT) online auction marketplace, is currently marketing two offshore production units from Petronas in a private treaty sale.
  • Both units are for sale on Liquidity Services online auction marketplace AllSurplus which currently features over 6,000 surplus assets for sale from corporate and government organizations.
  • Acquiring these Mobile Offshore Production Units (MOPUs) enables offshore operators and contractors to cost effectively verify the economic viability of their offshore wells.
  • The Balai Mutiara Early Production Vessel (EPV) is a self-propelled production and storage vessel, and the Mobile Producer 1 Mobile Offshore Production Unit (MOPU) is a self-elevating jackup with production topside.

Osaka Matsui Management Comments on Petronas as They Join Exxon to Sell Their Stake Within Chad Project

Retrieved on: 
Tuesday, March 10, 2020
Maritime, Energy, Transport, Oil, Gas, Countries, Geography of Africa, Petronas, Prime Minister's Department, Africa, CHAD, Osaka

Osaka Matsui Management analysts have reported that both oil giants Petronas and Exxon are working with advisers on a proposed sale with their stakes in the Chad project expected to be worth more than $1 billion.

Key Points: 
  • Osaka Matsui Management analysts have reported that both oil giants Petronas and Exxon are working with advisers on a proposed sale with their stakes in the Chad project expected to be worth more than $1 billion.
  • Malaysias state-owned oil giant Petronas is working with an adviser on the potential disposal of its 35% stake in the Chad project, with Exxon working with another adviser to sell their 40% stake as well, reported Michael Carter, Head of Global Equities at Osaka Matsui Management .
  • Osaka Matsui Management is a private wealth management company that prides itself on fulfilling clients goals with passion and integrity.
  • Dollars of assets under management, Osaka Matsui Management has been assisting both private and corporate clients since 2006.

AMD and Mercedes-AMG Petronas Formula One Team Announce Multi-Year Partnership

Retrieved on: 
Tuesday, February 4, 2020
Auto racing, Formula One, Motor vehicles, Mercedes-Benz, Mercedes-AMG, Mercedes-Benz in Formula One, Petronas, Toto Wolff, Mercedes, Advanced Micro Devices, Aldo Costa, James Allison

The Mercedes-AMG Petronas Formula One Team is piloting the use of AMD commercial solutions, including AMD EPYC server processors and AMD Ryzen PRO laptop processors, to optimize their various workstreams.

Key Points: 
  • The Mercedes-AMG Petronas Formula One Team is piloting the use of AMD commercial solutions, including AMD EPYC server processors and AMD Ryzen PRO laptop processors, to optimize their various workstreams.
  • Innovation is at the heart of Formula One, we always try and push the technological boundaries in our hunt for performance, said Toto Wolff, Team Principal and CEO of the Mercedes-AMG Petronas Formula One Team.
  • The Mercedes-AMG Petronas Formula One Team will run its 2020 F1 car, including AMD branding, for the first time on Friday, February 14, 2020.
  • The Mercedes-AMG Petronas Formula One Team is the works Formula One Team of Mercedes-Benz, competing in the FIA Formula One World Championship the pinnacle of world motorsport and the largest annual sporting series in the world.

Methanol Industry Outlook Report 2020-2025 - Methanex, SABIC, Methanol Holdings, LyondellBasell Industries, and Petronas Dominate the Market

Retrieved on: 
Wednesday, January 15, 2020
Companies, Chemistry, Industries, Methanex, SABIC, Petronas, Forecast period, Basell Polyolefins, Methanol

DUBLIN, Jan. 15, 2020 /PRNewswire/ -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 15, 2020 /PRNewswire/ -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • The market for methanol is expected to register a CAGR of greater than 5% during the forecast period.
  • On the flipside, hazardous impacts on health as a result of exposure to methanol are expected to hinder the growth of the market.
  • Some of these major players include Methanex, SABIC, Methanol Holdings (Trinidad) Ltd, LyondellBasell Industries Holdings BV, and Petronas.