Petronas

Thai, Malaysian Firms Pull Out Of Myanmar Project

Thailand's oil and gas conglomerate PTTEP and Malaysia's Petronas announced Friday they would withdraw from the Yetagun gas project in coup-hit Myanmar.There has been an exodus of global energy companies from Myanmar including Chevron and TotalEnergies following last year's military takeover and subsequent allegations of human rights abuses.More than 1,800 civilians have died during a military crackdown and more than 13,000 have been arrested, according to a local monitoring gr

1 May 2022
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Revolutionising AI Customer Experience

Artificial Intelligence (AI) has been implemented in many major industries since the term was first coined in the 1950s. Specific applications of AI include expert systems, natural language processing (NLP), speech recognition and machine vision.

7 July 2020
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China’s South China Sea Moves Raise Concerns

The Association of Southeast Asian Nations (ASEAN) should show some urgency regarding China’s latest actions in the South China Sea and hold a virtual meeting with member states to discuss this matter.Amid the spread of the COVID-19 virus in Southeast Asia, ASEAN member states are busy battling the virus while China is actively building its presence in the occupied territories.In March, China launched two new research stations on the Chinese-built artificial islands at Fiery Cross Re

1 May 2020
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Check-6 Bakti: Getting it right every time

Leveraging on decades of experience working in the military, consultancy firm Check-6’s emphasis on leadership, teamwork and discipline is improving human performance and reducing occupational hazards across various industries.Mostly comprised of former military leaders with decades of combat involvement, their experience working in risky environments combined with attention to detail and planning means Check-6 are now being actively sought after to streamline processes in industries such as

27 June 2019
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South Sudan receives Water for Life

In efforts to restore its petroleum sector after years of conflict-driven disruption, the government of South Sudan has extended the Exploration Production Sharing Agreement (EPSA) and Transitional Agreement Extension for three blocks in September this year.

13 November 2018
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Facing up to dwindling oil and gas resources

Oil and gas are finite resources. Although they can generate substantial revenue for national coffers, they cannot be relied on indefinitely. As an oil and gas producing country develops, its domestic demand for the commodities will grow and gradually cancel out financial gains.Oil was a big component of Indonesia’s economy ever since it was first discovered in north Sumatra in 1885.

14 September 2018
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Will oil royalty finish off Malaysia’s PETRONAS?

Every time Malaysia’s national oil and gas company PETRONAS declares a profit, the nation’s four oil-producing states will clamour for a bigger slice of the pie than the current five percent royalty they are receiving. The subject rose again following the unexpected victory of the Alliance of Hope (Pakatan Harapan) in the country’s May 2018 general election, ending the 61-year continuous rule of the National Front (Barisan Nasional).

31 August 2018
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Malaysian anti-graft body probes false invoice claim

The MACC (Malaysian Anti-Corruption Commission) is still investigating the three individuals nabbed over suspected graft involving millions of dollars of an oil and gas exploration and production services firm, Petronas Carigali.

11 September 2017
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