PETRONAS Carigali and PTTEP ink agreement


PETALING JAYA: PETRONAS Carigali Sdn Bhd, a wholly-owned subsidiary of Petroliam Nasional Bhd (PETRONAS), has signed a memorandum of understanding (MoU) and two technical assistance agreements (TAAs) with PTT Exploration and Production (PTTEP).

In a statement, PETRONAS Carigali said the MoU covered the scope of potential evacuation of production from Block SK405B through D35/D21/J4 production sharing contract (PSC) facilities, Post 1976 Balingian PSC facilities and Bintulu Crude Oil Terminal.

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