Dialog said the 14-year PSC has a two-year pre-development phase.
PETALING JAYA: Dialog Group Bhd
has announced that the field development and abandonment plan for the Baram Junior Cluster small field asset production sharing contract (PSC) has received a final investment decision of US$235mil.
The plan, which was signed by Petroliam Nasional Bhd (PETRONAS), Dialog Resources Sdn Bhd and Petroleum Sarawak Exploration and Production (PSEP) on Jan 17, 2023, was approved by PETRONAS on Jan 8, 2025.
