PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) has signed a late life asset (LLA) production sharing contract (PSC) with Ping Petroleum Sdn Bhd for the Abu Cluster offshore Peninsular Malaysia.
Ping Petroleum is an indirect subsidiary of Dagang Nexchange Bhd
(Dnex) held via its wholly-owned Dnex Energy Sdn Bhd.
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