PETALING JAYA: Kulim (M) Bhd has inked a joint operating agreement (JOA) with its long-time Indonesian plantation partner PT Graha Sumber Berkah (GSB) to become a partner of the South West Bukit Barisan Block (SWBB) production sharing contract (PSC) in central Sumatra.
The JOA involved Kulim’s wholly-owned subsidiary Kulim Energy Nusantara Sdn Bhd (KENSB), GSB and PT Radiant Bukit Barisan E&P (RBB) for the exploration and development of an oil and gas (O&G) field in the SWBB block. RBB will remain the main operator of the field.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
