KUALA LUMPUR, Oct 30 (Bernama) — PETRONAS recently signed a Late Life Asset (LLA) Production Sharing Contract (PSC) with Ping Petroleum Sdn. Bhd. (Ping Petroleum) for the Abu Cluster offshore Peninsular Malaysia.
The Abu Cluster is made up of three developed fields, namely Abu, Abu Kecil and Abu SW Upthrown, with the remaining reserves of five million stock tank barrels.