Oil & Gas News

Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published on February 25, 2021, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world.



PETRONAS through its subsidiary, PC North Madura II Ltd., has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java, Indonesia. PC North Madura II Ltd. is the operator with 100 per cent participating interest in the North Madura II PSC.  

In the updated Resource Accounts, the Norwegian Petroleum Directorate projects that there are 8 billion standard cubic meters of oil equivalent (Sm3 o.e.) left to produce on the Norwegian continental shelf (NCS).

PETRONAS has made a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometers off the coast of Sarawak, offshore Malaysia.

Offshore Energy Exhibition and Conference (OEEC) will take place in Amsterdam RAI on Tuesday and Wednesday, October 26-27, 2021. The 14th edition of OEEC will have a physical exhibition floor and content program combined with an online event and matchmaking environment. The dates for the event were selected after an inquiry amongst our community.

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