Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie ...

KUALA LUMPUR: Petronas aims to increase the share of revenue from its ... He said the expansion would focus on the company’s ...

With Brent crude prices hovering around US$65 per barrel and expectations that this modest environment will linger, Petroliam Nasional Bhd (PETRONAS) is rethinking how it runs its business.

Malaysian oil company Petronas is planning to drill at least two additional wells offshore Suriname next year to gather more data for its field plans before making a final investment decision for ...

Petronas and ExxonMobil agreed to further explore a potential gas production area offshore Suriname where the leaseholders had declared a gas discovery, albeit a commercially unattractive one.

Malaysia's state-owned oil firm Petronas has discovered several oil-bearing layers in an exploration well off the coast of Suriname, state oil firm Staatsolie said in a statement on Thursday.

Petronas Suriname E&P is the operator of and owns 100 percent participating interest in Block 63, which has an area of 2,094.6 square miles (5,425 square kilometers) and is located approximately ...

Suriname should boost incentives for energy companies looking to develop oil and gas discoveries, said Zamri Baseri, head of Malaysia's Petronas in the South American country.

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the ...

Petronas subsidiary Petronas Suriname E&P BV discovered oil at the Roystonea-1 exploration well in Suriname’s Block 52. The company is working to evaluate the full extent of the discovery and ...