KUALA LUMPUR, Jan 23 (Bernama) — PETRONAS today awarded Production Sharing Contracts (PSCs) for six exploration blocks and one Discovered Resource Opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023), expected to garner more than RM1.3 billion worth of capital investment to the country in the form of exploration work activities.
The seven new PSCs were awarded to PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali), E&P Malaysia Venture Sdn. Bhd. (EPMV), Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP), SMJ Energy Sdn. Bhd. (SMJ Energy), INPEX Malaysia E&P (INPEX), PT Pertamina Malaysia Eksplorasi Produksi (Pertamina), Jadestone Energy (PM) Inc., Sarawak Shell Bhd. (Shell), and E&P O&M Services Sdn. Bhd. (EPOMS).