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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

China limits trade-in subsidy for 2026 in hit to some carmakers
KKR bid to take Yomeishu private is derailed by top shareholder
Jasrinderjit Singh is new Lagenda CEO
Earnings resilience to set companies apart
EC rolls out transformation initiative
Loan growth expected to reach 5.7% in 2026
Official reserve assets total US$124bil, says BNM
NCT Alliance gets nod for acquisition
Foreign investors dump bonds amid rupee slide
Johor data centre water demand to accelerate

Others Also Read