KUALA LUMPUR, June 24 (Bernama) — PETRONAS North Ketapang Sdn. Bhd., a subsidiary of PETRONAS, has signed a Production Sharing Contract (PSC) for the North Ketapang Block located onshore and offshore East Java, Indonesia.
PETRONAS won the North Ketapang Block during the second round of Indonesia Petroleum Bid Round 2021 and holds a 100 per cent equity in the 3,131.8-square kilometre block with water depths of up to 100 metres below sea-level.