PETRONAS Awards Two Offshore Blocks In Peninsular Malaysia

KUALA LUMPUR, March 22 (Bernama) — Petroliam Nasional Berhad (PETRONAS) has awarded Block PM407 and Block PM415, approximately 160km offshore Peninsular Malaysia, to PTT Exploration and Production Hong Kong Offshore Limited (PTTEP HKO), a wholly-owned subsidiary of PTT Exploration and Production Public Company Limited (PTTEP) and PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a wholly-owned subsidiary of PETRONAS.

A signing ceremony for the Production Sharing Contracts (PSC) and Joint Operating Agreement (JoA) for the Blocks, awarded as part of the 2018 Malaysia Bidding Round, was held here yesterday.

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