KUALA LUMPUR (Dec 19): On the 83
rd floor of the Petronas Twin Towers last week, Tengku Muhammad Taufik Tengku Aziz, the president and CEO of Petroliam Nasional Bhd (Petronas), met up with
The Edge for a two-and-a-half-hour session, the longest thus far any CEO of the oil company has had with us.
And the hours seemed to pass quickly with humorous exchanges and banter, but all questions were answered and peppered with facts on the oil company and its direction. It was a frank and good interview.
Then again, the times, they are changing and for the first time since it was set up in 1974 to become the custodian of the country s hydrocarbon resources and to regulate the industry from then concessionaires like Shell and ExxonMobil Petronas is likely to end the year with an annual loss. It is a situation brought about by the total collapse of the oil and gas market and economic standstill owing to Covid-19 and impairments from the acquisition of assets a few years ago, when thi
Petronas marks milestone with Mercedes-AMG Petronas F1 team
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Petronas puts in place plans to rebound post Covid-19
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Petronas discovers hydrocarbon in Suriname NST Business © Provided by New Straits Times Block 52 is located north of the coast of Paramaribo, Suriname’s capital city, and is situated in the prospective Guyana-Suriname basin where several major hydrocarbon discoveries were made recently. NSTP/WEB
KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) through its subsidiary, Petronas Suriname E&P B.V. (PSEPBV) made its first discovery of hydrocarbon in Suriname today with the successful drilling of the Sloanea-1 exploration well located in Block 52.
PSEPBV is the operator of Block 52 and holds 50 per cent participating interest, together with ExxonMobil Exploration and Production Suriname B.V. who holds the remaining 50 per cent.
Petronas makes hydrocarbon discovery in Block 52 offshore Suriname
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