“Petronas and PCSB have been given 14 days to comply with the demand, ” Barakah told Bursa Malaysia.
PETALING JAYA: PBJV Group Sdn Bhd, a wholly owned subsidiary of Barakah Offshore Petroleum Bhd
, has demanded RM1.02bil from Petroliam Nasional Bhd (Petronas) and Petronas Carigali Sdn Bhd (PCSB) following the suspension of its licence from the latter.
Barakah said the amount demanded is based on the loss of future profits, reputation and market share prices, among others.
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