PETALING JAYA: Oil and gas (O&G) services provider Dialog Group Bhd
’s taking up of a 100%-interest in the Mutiara cluster small field asset (SFA) production sharing contract (PSC) is being viewed positively by the market despite there being very little detail on the commercial viability of the oil and gas (O&G) fields.
To recap, the company signed a PSC agreement with Petroliam Nasional Bhd (PETRONAS) last Friday to operate up to 14 years from June 15, 2025, the Mutiara SFA located off the coast of Sabah, comprising a group of discovered marginal O&G fields within Malaysian waters.
