PETRONAS, XRG, Hazarnebit and Turkmennebit Partner On Strategic Gas Asset In Turkmenistan
Under the terms of the PSC, PETRONAS will hold 57% participating interest as the operator, partnering with XRG (38%), with State Enterprise Hazarnebit holding the remaining 5%.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Express
4 hours ago
- Daily Express
Sabah Electricity welcomes SOGT maintenance rescheduling
Published on: Thursday, July 31, 2025 Published on: Thu, Jul 31, 2025 Text Size: KOTA KINABALU: Sabah Electricity (SE), in a statement on Thursday, welcomed the rescheduling of maintenance works at the Petronas-owned Sabah Oil and Gas Terminal (SOGT) from 1 August to 5 August this year. The adjustment allows two independent power producers (IPPs) more time to switch their operations from gas to diesel fuel. This transition process requires careful planning to maintain a stable electricity supply across the state. SE expressed appreciation for the cooperation shown by all parties involved in ensuring smooth preparations. It also hopes the IPPs will carry out their technical adjustments efficiently and on schedule to support system stability in Sabah. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Sun
7 hours ago
- The Sun
Petronas, Microsoft deepen ties to support Malaysia's AI adoption, energy transition
KUALA LUMPUR: Petronas and Microsoft signed a MoU, further extending their strategic collaboration in multiple areas across innovation and sustainability to support the development of an artificial intelligence (AI)-enabled economy and ecosystem in Malaysia, while advancing efforts towards energy transition in Asia. At the signing ceremony held on the sidelines of Energy Asia 2025, Petronas was represented by its senior vice-president of projects (technology & health, safety, security & environment) Mohd Yusri Mohamed Yusof and vice-president of group technology & commercialisation Izwan Ismail. Microsoft Malaysia was represented by its managing director Laurence Si. At Petronas, Mohd Yusri said innovation goes beyond technology – it is about shaping a future where energy is smarter, cleaner, and sustainable for not only the organisations involved, but also the nation and its people. He added their collaboration with Microsoft is driven by a shared commitment to meaningful innovation and sustainable progress. 'By harnessing our joint expertise in innovation and sustainability, we are steadfast in advancing adoption of AI and Cloud capabilities in a manner that promotes sustainable energy practices, in support of Malaysia's aspirations of building an AI economy with a robust ecosystem in which everyone thrives,' he said. Meanwhile Si said with Microsoft's new cloud region in Malaysia, they are committed to supporting Petronas with secure, scalable, and sustainable cloud solutions that will drive growth and innovation in Malaysia's energy sector. The collaboration will focus on fostering an ecosystem in Malaysia that enables organisations to harness AI's potential for economic advancement and societal benefit. With nation building at heart, the companies will support Malaysia's efforts to build regional leadership in AI capabilities and develop a strong local AI ecosystem through joint programmes. Under the collaboration, Petronas and Microsoft will explore further initiatives to intensify AI and energy innovation leveraging Microsoft's newly launched Malaysia West cloud region.
Daily Express
10 hours ago
- Daily Express
Load shedding to affect over 600,000 households in Sabah, Labuan
Published on: Thursday, July 31, 2025 Published on: Thu, Jul 31, 2025 By: Bernama Text Size: For illustrative purposes only. KOTA KINABALU: Load shedding operations will be carried out in Sabah and Labuan from Aug 1 to 7 due to scheduled maintenance work at the Sabah Oil and Gas Terminal in Kimanis, Papar, which is expected to affect over 600,000 households. Sabah Electricity Sdn Bhd chief executive officer Datuk Mohd Yaakob Jaafar said the maintenance work by Petronas will affect more than 200,000 domestic user accounts in Sabah and Labuan. Yaakob said the process would also cause inconvenience to users in both regions, particularly during peak hours from 10 am to 10 pm, during which each area will face supply disruptions lasting one to two hours on a rotational basis. 'Maintenance works on offshore and onshore platforms will cut off gas supply to two Independent Power Producers (IPPs) in Kimanis,' he said when contacted today. He said the two affected IPPs are the Kimanis power plant and the SPRE power plant, resulting in a loss of 195 megawatts of power in the Sabah grid system during the seven-day period. He added that initially, no power disruptions were expected during early discussions with Petronas and the Sabah Energy Commission early this year. 'However, based on information received on Tuesday (July 29), it was found that the power plants are unable to operate using alternative fuel,' he said. He also urged the public to refer to the company's Facebook page and the Sabah Electricity mobile app for more information on the load shedding schedule, including the times, dates and affected areas. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
