Major Oil & Gas Companies / Contractors In Malaysia

🧪 Discovery Summary Well / Field Block Location Type Nahara‑1 (Gedombak) SK306 Balingian province Significant oil discovery (2022) Mirdanga‑1 SK411 Balingian province Oil/gas discovery Sinsing‑1 SK313 Sarawak basin Oil/gas discovery Machinchang & Pangkin SK301B Sarawak Oil/gas discovery Kalung Emas‑1 SK315 West Luconia Oil/gas discovery   Nahara‑1 (Block SK306) stands out as a notable oil discovery, labelled by PETRONAS as a significant find within the last decade due to its high-quality hydrocarbon characteristics and low contaminant levels in reservoir tests ** Reddit +7 PETRONAS Global +7 PETRONAS Global +7 Reddit +2 Euro Petrole +2 PETRONAS Global +2 The Star +4 PETRONAS Global +4 OGJ +4 **. Other discoveries include Gedombak (SK306) , Mirdanga (SK411) , Sinsing (SK313) , Machinchang & Pangkin (SK301B) , and Kalung Emas (SK315) , all described as having low contaminant levels, suggesting good commercial viability ...

📌 What Is the Kasawari CCS Project? A carbon capture and storage initiative developed by PETRONAS Carigali Sdn Bhd , located in Block SK316, about 200 km offshore from Bintulu, Sarawak . It is Malaysia’s first offshore CCS project and, once completed, will be the world’s largest offshore CCS facility by volume . 🎯 Objectives & Impact Reduce CO₂ emissions generated during gas production and flaring by up to 3.3 million tonnes per year , supporting PETRONAS’s net-zero by 2050 ambitions . Over its operational life, the project is expected to sequester between 71 and 76 million tonnes CO₂ , reinjecting it into the depleted M1 offshore reservoir via a 138 km subsea pipeline . 🛠️ Key Technical Details Final Investment Decision (FID) was approved on 20 October 2022 , followed by the EPCIC contract award on 3 November 2022 . Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) awarded to Malaysia Marine and Heavy Engineering (...

Company Profile Overview: Vestigo Petroleum Sdn Bhd (201301014281) is a Malaysian oil & gas production contractor specializing in small, marginal and mature fields. Established on 26 April 2013 as a wholly‑owned subsidiary of Petronas Carigali Sdn Bhd, Vestigo applies “innovative, safe, and cost-effective” methods to maximize value from under-developed reservoirs. Its vision is “to be a premier marginal field operator that contributes to the sustainable energy of future generations,” reflecting a focus on lean, low‑cost operations and long‑term sustainability. In practice Vestigo acts as a dedicated Production Arrangement Contractor (PAC) within the PETRONAS group, complementing Carigali’s work on large fields by targeting clusters of smaller assets. History & Ownership Vestigo was created by Petronas to unlock stranded reserves. Petronas Carigali announced the new subsidiary in mid-2013, noting that it would concentrate on “small, marginal and mature fields in Malaysia an...

PETRONAS Carigali Sdn Bhd is the upstream exploration and production (E&P) subsidiary of PETRONAS (Petroliam Nasional Berhad), Malaysia’s national oil and gas company. 🌍 What PETRONAS Carigali Does Responsible for hydrocarbon exploration, development, and production across Malaysia and selected international projects . Operates offshore gas hubs and oilfields , including taking over the E11 gas hub off Bintulu from Shell in 2021 ⚙️ Key Strategic Projects & Operations ✔️ Major Discoveries: Made six oil and gas discoveries in Sarawak basin blocks such as SK306, SK411, SK313, among others, leveraging a clustered exploration approach aimed at mature reserves . ✔️ Kasawari CCS Project: Approved the Final Investment Decision (FID) for the Kasawari Carbon Capture & Sequestration (CCS) project offshore Sarawak, targeting reduction of ~3.3 million tonnes of CO₂ emissions annually—one of the largest offshore CCS initiatives globally. ✔️ New Subsidiary: ...