The contracts feature oil and gas discoveries located offshore Peninsular Malaysia and off the coast of Sabah.
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) has awarded the production sharing contracts (PSCs) for three Discovered Resource Opportunities (DRO) Clusters and one exploration block offered under the Malaysia Bid Round 2024, which was launched earlier this year.
Covering nine fields and one exploration block, these contracts feature oil and gas discoveries located offshore Peninsular Malaysia and off the coast of Sabah.
