KUALA LUMPUR: Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.
Petronas said the PSCs were awarded to a consortium comprising INPEX Malaysia E&P SB306A Sdn Bhd (INPEX), Petronas Carigali Sdn Bhd, and SMJ Energy Sdn Bhd.
