Killajoules

PETRONAS AWARDS SMALL FIELDS RISK SERVICE CONTRACT TO ROC AND PARTNERS
Petroliam Nasional Berhad ("PETRONAS") has entered into a Small Field Risk Service Contract ("SFRSC") for the pre-development and development of the Balai Cluster Fields, located offshore Sarawak, with a contractor group comprising Roc Oil Malaysia (Holdings) Sdn Bhd, a wholly owned subsidiary of ROC, Dialog D & P Sdn Bhd, a wholly owned subsidiary of Dialog Group Bhd ("DIALOG Group") and PETRONAS Carigali Sdn Bhd ("PETRONAS Carigali"). Participating interests in the contractor group are ROC 48%, DIALOG Group 32% and PETRONAS Carigali 20%. ROC, Dialog and PETRONAS Carigali intend to form an incorporated joint venture company ("JVC") to manage the SFRSC.

Progress Energy Announces the Closing of its Strategic Partnership with PETRONAS
Progress Energy Resources Corp. (“Progress” or the “Company”) (TSX:PRQ) announced today that it has closed the previously announced transaction to create a strategic
partnership with the Malaysian national oil and gas company, PETRONAS, to develop a portion of Progress’ Montney shale assets in the Foothills of northeast British Columbia (the “Transaction”). Under the Transaction, PETRONAS acquired 50 percent of Progress’ working interest in the Altares, Lily and Kahta properties (the “North Montney Joint
Venture”).

Petronas Carigali Discovers Gas Offshore Sabah
PETRONAS Carigali Sdn Bhd, the exploration and production arm of PETRONAS, recently made two significant gas discoveries in the shallow water areas offshore the west coast of Sabah.

Qatargas And Petronas Sign Heads Of Agreement For Long-Term LNG Supply To Malaysia
Qatargas achieved another milestone today, as it announces the signing of a Heads of Agreement (HOA) to supply Liquefied Natural Gas (LNG) to PETRONAS LNG Ltd; (formerly known as ASEAN LNG Trading Company), a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS), the national oil and gas company of Malaysia, at a ceremony held in Doha, Qatar.

Progress Energy Announces Strategic Partnership with PETRONAS to Develop Montney Shale Assets
Progress Energy Resources Corp. (“Progress” or the “Company”) (TSX: PRQ) announced today it has executed a binding framework agreement to create a strategic partnership with the Malaysian national oil company, PETRONAS, to develop a portion of Progress’ Montney shale assets in the Foothills of northeast British Columbia (the “Transaction”). Progress will sell 50 percent of its working interest in its Altares, Lily and Kahta properties (the “North Montney Joint Venture”) to PETRONAS for CDN$1.07 billion. The agreement also reflects the desire by both parties to explore additional opportunities to develop liquefied natural gas (LNG) export capacity in British Columbia.

Prime Minister Julia Gillard today officially launched works on the Santos GLNG liquefied natural gas plant
Prime Minister Julia Gillard today officially launched works on the Santos GLNG liquefied natural gas plant on Curtis Island, signalling the start of a new economic boom for the region.

GDF SUEZ concludes a 2.5 million tons of LNG sale to Petronas LNG Ltd
GDF SUEZ has entered into an agreement with Petronas LNG Ltd.1, a wholly owned subsidiary of Petroliam Nasional Berhad (Petronas), the national oil company of Malaysia, under which, GDF SUEZ will supply Petronas LNG with 2.5 million tons of liquefied natural gas (LNG) from August 2012 over a 3.5 year period. The cargoes will be sourced from GDF SUEZ’ LNG portfolio.

Tullow Oil plc announces that the Gharabi-1 well, Mauritania, was Unsuccessful
Tullow Oil plc (Tullow) announces that the Gharabi-1 well, located in Block 6 offshore Mauritania, was unsuccessful and has been plugged and abandoned.

Petronas Finds New Oil And Gas Fields Offshore Sarawak
PETRONAS has made major oil and gas discoveries through the drilling of NC3 and Spaoh-1 wells in Blocks SK316 and SK306 offshore Sarawak.

Technip awarded a key engineering contract for a FLNG in Malaysia
Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded by Petroliam Nasional Berhad (PETRONAS) and MISC Berhad a front-end engineering and design contract for a floating liquefied natural gas (FLNG) unit. The FLNG, which will have a capacity of one million-tonnes per annum, will be located in Malaysia.