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
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Responsible for hydrocarbon exploration, development, and production across Malaysia and selected international projects.
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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:
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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:
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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: Vestigo Petroleum:
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Launched Vestigo Petroleum Sdn Bhd, wholly-owned by PETRONAS Carigali, focused on developing mature, small, and marginal fields, improving production efficiency and supporting strategic growth.
✔️ Regional Collaboration:
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Partnered with Thailand’s PTTEP via MoUs and technical assistance agreements (TAAs) for gas block development in Bintulu offshore blocks SK405B and SK410B, aiming at shared infrastructure and engineering synergies.
✔️ Cross‑Border Projects:
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Participates in Malaysia–Thailand joint development blocks via operating companies under PSC structures, such as Carigali Hess and Carigali‑PTTEPI in shared offshore basins.
✔️ Supply Operations:
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Operates logistics and supply bases, including at Tanjung Berhala, Terengganu, supporting offshore drilling and exploration since the 1980s.
📈 Role within PETRONAS
PETRONAS Carigali is PETRONAS’ main upstream arm, overseeing:
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Exploration and production licensing (via Production Sharing Contracts)
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Development of both new and mature oil/gas fields
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Integration into PETRONAS’ broader energy strategy—especially toward sustainability and carbon reduction.
Other affiliated entities:
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Petronas Dagangan – downstream fuel marketing.
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Petronas Lubricants International – global lubricants arm.
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Petronas Chemicals, Gentari (clean energy), and Petronas Carigali Overseas focused on international upstream assets.
🧭 Summary Table
Aspect | Details |
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Type | Wholly-owned upstream subsidiary of PETRONAS |
Main Function | Exploration, development, production of oil & gas |
Key Assets | Gas/oil fields in Sarawak; E11 offshore gas hub |
Innovation Focus | Clustered exploration, CCS technology, mature-field optimization |
Collaborations | Vestigo Petroleum, PTTEP partnerships, Joint Development Areas with Thailand |
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