KUALA LUMPUR: Velesto Energy Bhd (VEB) has secured a contract worth RM60mil from Petronas Carigali Sdn Bhd for the provision of plug and abandonment integrated services for Tembungo A & B oilfields.

Petronas, its upstream subsidiary Petronas Carigali, operator SapuraOMV Upstream and the Tembungo Sub Block Production Sharing Contract were hit with additional assessed taxes covering the period ...

Amerada Hess Corp. discovered oil and natural gas with the Belud South exploration well drilled on Block SB302 off Sabah, Malaysia, 12.5 miles northwest of the Tembungo oil field. HOUSTON ...