Shell, Petronas expand Baram Delta terms to include gas rights


KUALA LUMPUR: Petronas, Petronas Carigali Sdn Bhd and Shell Malaysia have expanded the terms of the 2011 Baram Delta (BDO) production sharing contract (PSC) for enhanced oil recovery projects (EOR) offshore Sarawak (2011 Baram Delta EOR PSC) to include gas rights.

With the signing of the Heads of Agreement (HOA) for Baram Delta Gas Gathering Project 2 (BARDEGG2), associated and non-associated gas rights linked with the Baram Delta Operations will be incorporated into the 2011 Baram Delta EOR PSC, said Shell Malaysia in a statement on Thursday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

SK Hynix plunges after Nasdaq debut amid profit-taking, diminishing earnings optimism
Gold slides over 1% as oil surges on Strait of Hormuz closure fears
United Asiapac Energy signs underwriting deal ahead of ACE Market IPO
TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations
Asian currencies weaken on renewed Gulf conflict, KOSPI tumbles 8%
Four Malaysian companies receive six Arm technology access approvals, says Akmal Nasrullah
MNCs tap China's industrial ecosystem
Betamek unit recognised under Industry4WRD Smart Manufacturing Assessment programme
Plantations surge on Bursa Malaysia as CPO price jumps
AirAsia X to undergo name change to AirAsia Group from July 14

Others Also Read