Petronas Archives | Be Korea-savvy
SK Teams Up with Malaysian Firm for Cooperation in Hydrogen, Renewables

SK Teams Up with Malaysian Firm for Cooperation in Hydrogen, Renewables

SEOUL, Sept. 5 (Korea Bizwire) — South Korean energy-to-telecom conglomerate SK Group said Monday it is partnering with a Malaysian clean energy company to explore collaboration in hydrogen, renewable energy and green mobility, as part of efforts to bolster its green energy transition. Its three affiliates — SK Materials Inc., SK Ecoplant Co. and SK [...]

Avenir LNG Signs First 7,500 cbm LNG Carrier with PETRONAS to Advance LNG Bunkering in Malay

Avenir LNG Signs First 7,500 cbm LNG Carrier with PETRONAS to Advance LNG Bunkering in Malay

London, Oct. 1 (Korea Bizwire) — Avenir LNG Limited (“Avenir”) in collaboration with MISC Berhad (“MISC”) wishes to announce that  PETRONAS, through its subsidiary, PETRONAS LNG Sdn. Bhd. (“PLSB”) has awarded a time charter party (TCP) for the provision of its first 7,500 cbm liquefied natural gas (LNG) carrier. The vessel will provide bunkering to [...]

Resurrection of the Shipbuilding Industry?

Resurrection of the Shipbuilding Industry?

SEOUL, Korea, Mar 7 (Korea Bizwire) – Samsung Heavy Industries won on February 14 a deal to build a floating liquid natural gas (FLNG) ship for Malaysia’s state-run oil company Petronas at the cost of US$1.47 billion. Given most container ships cost about $200 million apiece, this is more than seven times more expensive. Including [...]