Petros joins Shell and Petronas in exploration ops

The participating interest of Sarawak Shell, PSEP and Petronas Carigali are 85%,7.5% and 7.5% respectively, with Sarawak Shell being the operator of the PSC.

KUCHING: Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP), together with Sarawak Shell Bhd and Petronas Carigali Sdn Bhd, have been awarded the SK437 production sharing contract (PSC) off the coast of Sarawak.

PSEP is the wholly owned subsidiary of state-owned Petroleum Sarawak Bhd (Petros).