Skip to main content
  1. Home
  2. Offshore & subsea
  3. 23 Mar 22
  4. Petronas signs production sharing contracts for five offshore exploration blocks

Petronas signs production sharing contracts for five offshore exploration blocks

Published by , Editor
Oilfield Technology,

Petronas has signed production sharing contracts (PSCs) for five offshore exploration blocks, namely SB412, 2W and X located off the coast of Sabah, and SK439/SK440 located off the coast of Sarawak.

Block SB412 in Sabah was signed between Petronas, PTTEP HK Offshore Ltd. and SapuraOMV Upstream (M) Sdn Bhd, while the PSCs for ultra-deepwater Blocks 2W and X were signed between Petronas, Sabah Shell Petroleum Company Ltd., Shell Sabah Selatan Sdn Bhd and Petronas Carigali Sdn Bhd.

The PSC for Sarawak’s Block SK439/SK440 was signed between Petronas, Sarawak Shell Berhad and Petroleum Sarawak Exploration & Production Sdn Bhd.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/23032022/petronas-signs-production-sharing-contracts-for-five-offshore-exploration-blocks/

You might also like

Global gas demand 2025

If current trends persist, future energy demand will outpace demand expectations in many scenarios, positioning natural gas as the most scalable and responsive solution to meet growing power needs and stabilise grids.

 
 

Embed article link: (copy the HTML code below):